This blog is meant to capture the intersection of business, economics, politics, science, humanities, global culture, facts, figures, ideas, human nature, inventions, technology, health, food, sex...It is really an ode to life and the many things to think about and consider along the way.
Thursday, November 3, 2016
Thursday, October 20, 2016
Thursday, September 22, 2016
Thursday, September 8, 2016
Thursday, August 11, 2016
Friday, August 5, 2016
- Extroversion: gregariousness, social dominance, enthusiasm, reward-seeking behavior
- Neuroticism: anxiety, emotional instability, depressive tendencies, negative emotions
- Conscientiousness: industriousness, discipline, rule abiding, organization
- Agreeableness: warmth, care for others, altruism, compassion, modesty
- Openness: curiosity, unconventionality, imagination, receptivity to new ideas
Wednesday, August 3, 2016
Thursday, July 28, 2016
Wednesday, July 27, 2016
US: 33,599 gun deaths
Number of guns in Japan per 100 civilians: 0.6
Number of guns in US per 100 civilians: 101
Tuesday, July 26, 2016
Monday, July 25, 2016
Why do they last so long?
How they presidential campaigns became 2-year marathons
Saturday, July 23, 2016
Wednesday, July 20, 2016
Tuesday, July 19, 2016
Friday, July 1, 2016
Thursday, June 30, 2016
I keep a short list handy to remind myself of all the things investors must remember when these sorts of macro events cause turmoil:
●Markets surge and sell off. This is the ordinary course of events.
●The future is inherently unknown and unknowable. Those who claim otherwise are trying to sell you something.
●What sounds sexy and looks good in a brochure is not what usually makes you money over the long run.
●The gurus and talking heads have failed you. Once again, their forecasts were wrong. They were selling you a product, not providing any insight.
●Emotional reactions are bad for your portfolios.
●“Nobody knows anything.” The William Goldman quote, written about Hollywood, applies to just about everything in life. Get used to it.
●You need a plan. EOM.
●Your brain has evolved to adapt to keep you alive in changing conditions, not to make risk/reward decisions.
●The world is filled with random outcomes. Even more so when people are involved.
●Boring, steady portfolios can withstand about anything you throw at them.
●“Uncertainty” is a misnomer. The future is always unknown and always uncertain. When you hear people using the word “uncertainty,” it is because they are scared enough to briefly acknowledge their own ignorance.
●Adrenaline, it turns out, is not the basis of sound portfolio management.
●That plan mentioned above? You must have discipline to stay with it.
●Investing is hard.
●Sometimes, Brexit happens.
The eight systems with more than one billion users: