On Telegraph Avenue in Berkeley is this town's incarnation of the storied Parisian bookseller, Shakespeare & Co. While walking past the shop last evening I saw in its windows a winsome quote.

It addressed the chemical underpinnings of the pleasing fragrance of erudition associated with old volumes:

Lignin, the stuff that prevents all trees from adopting the weeping habit, is a polymer made up of units that are closely related to vanillin. When made into paper and stored for years, it breaks down and smells good. Which is how divine providence has arranged for secondhand bookstores to smell like good-quality vanilla absolute, subliminally stoking a hunger for knowledge in all of us…

from the article "How to Smell Like a Used Book"

It seems that time-honored books have had more up their respective sleeves than meets the eye.





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1 Comment so far

  1. Andre Wallin on January 25, 2012 9:17 pm

    the best predictor of the future that I have found is when short term price action during a day is very similar to a point in history on the day bar chart. where longer time frames are matching as well as short time frames. short time frame participants and long time frame participants are in harmony. Why does this happen? Because long time frame participants are only analyzing the long time frame and the short time frame participants are ephemeral and only looking at the short time frame. LONG TIME FRAME IS LATE AND SHORT TIME FRAME IS STUCK.


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