Stephen Cranston Associate editor

The word “selfie” was the Oxford English Dictionary’s new word of the year in 2013, and other languages have adopted le selfie and der selfie.

Self-portraits have been around for several milliennia, and the first photographic self-portrait was taken in 1839 by Robert Cornelius. But now people do not even need to buy a camera, as it is embedded into their smartphones. Only actuaries could turn the concept of selfies into something a lot less fun. Selfies is the name of a new class of bonds. And only an actuary could learn to love its full name, which is “standard of living indexed, forward-starting, income only securities”.

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