Harry

• The Journal of Investment Management ( JOIM ) and New Frontier announced today the winners of the 2023 Harry M. Markowitz Award.
• The award has been established to honor his legacy and to support future research and innovation in practical asset management.
• “We are pleased to recognize the path-breaking work of the 2023 Award Winners who honor the impact of Harry Markowitz and his work in theoretical and applied modern portfolio theory,” said Robert Michaud, Co-Founder and Chief Investment Officer at New Frontier.
• “Now in their fourteenth year, the Markowitz Awards reflect the highest-quality research being conducted in the market today.”

• As a 21st-century human, I have an immediate impulse to take pictures of these encounters and share them on social media.
• Social media can help scientists raise awareness of the species we study, promote their conservation and obtain jobs and research funding.
• However, sharing images of wild animals online can also contribute to illegal animal trafficking and harmful human-wildlife interactions.

Show and tell?

• Many conservation biologists are thinking hard about what role social media can and should play in their work.
• For example, the International Union for Conservation of Nature’s Section on Human-Primate Interactions has issued guidelines for how to use images of wild primates and how to conduct primate watching tours.
• These guidelines recommend that when scientists show photos of themselves with a wild primate, the caption should state that the person in the image is a trained researcher or conservationist.

• Viewers who saw the Instagram posts with the more detailed caption recognized that the picture depicted research.
• Over half of the viewers agreed or strongly agreed that they would want these animals as pets and that the animals would make good pets.

Why media impact matters

• While these responses may sound merely sentimental or naive, research shows that media – particularly social media – contribute to harmful human encounters with wildlife and to the exotic pet trade.
• Owners then post further videos showing them handling the animals improperly – for example, tickling the loris, which makes it raise its arms.
• However, people who watched videos showing infant orangutans, or humans interacting with the animals, posted comments that were less supportive of orangutan conservation.
• The last thing that any responsible conservation biologist studying endangered species wants to do is encourage this kind of human-wildlife contact.

Comment instead of sharing

• Our findings indicate that caption information is not enough to keep people from seeking out animal encounters.
• As we see it, the answer is for researchers to stop taking and sharing these pictures with the general public.
• Leading by example and sharing this information are simple actions that can save animals’ lives.

Andrea l. DiGiorgio has received funding from The National Science Foundation and Princeton University. She is a participating member of the IUCN's SSC Primate Specialist Group Section on Human-Primate Interactions.

• But unless they are well-located, the shows can also harm wildlife.
• A planned production at a wildlife sanctuary in outer Melbourne has brought these concerns to the fore.
• Research shows artificial light, sound and the presence of lots of people at night can harm wildlife.

A history of community opposition

• While they often take place along existing walking trails, they attract huge crowds at a time when animals usually have the place to themselves.
• Most of Australia’s mammals and frogs and many bird and reptile species are nocturnal, or active at night.
• Light shows proposed for other wildlife conservation areas have also faced community opposition.

Light, sounds, action!

• For example, it can change their hormone levels, and the numbers and health of their offspring.
• Light also interferes with the ability of many species to navigate.
• It masks the natural soundscape, making it harder for animals to find mates or hear the calls of their young.
• It can also mask smells vital for an animal’s survival, such as that of food and predators.

Long-term harm

• This cuts in half the time animals have to go about their life-sustaining activities and exposes them to greater risks when they do go out.
• Light and sound shows are usually temporary – but can have major long-term impacts.
• For example, males of the genus Antechinus (small marsupials) live long enough for just one short breeding season.

Find a better location

• Organisers may have minimised impacts where they can, but evidence suggests the impact on wildlife will still be extensive.
• Finding genuinely suitable locations should be done with care – and should avoid wildlife conservation areas altogether.

• Euan Ritchie receives funding from the Australian Research Council and the Department of Energy, Environment, and Climate Action.
• Therésa Jones receives funding from the Australian Research Council and is affiliated with NERAL (Network for Ecological Research on Artificial Light).

• Within 24 hours of broadcasting, the Gala had accumulated nearly 400,000 bullet chats, and total views surpassed 100 million.
• By incorporating renowned intellectual properties (IPs) into the Gala, Bilibili created cultural resonance that echoed deeply through shared memories while spotlighting Chinese culture on a global stage.
• Through this dazzling cultural spectacle, Bilibili aspires to bring global youth together and foster connections worldwide.
• By integrating celebrities from both East and West, the Gala highlighted Bilibili's role in connecting young people worldwide who share common passions.