Gouldenomics
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.
Tuesday, January 31, 2012
Do We Become More Conservative As We Age?
"In fact, research shows that seniors become more tolerant and more open-minded in their later years."
Do People Become More Conservative As They Age?
by Emily Sohn
http://news.discovery.com/human/voter-conservative-aging-liberal-120119.html#mkcpgn=rssnws1
Do People Become More Conservative As They Age?
by Emily Sohn
http://news.discovery.com/human/voter-conservative-aging-liberal-120119.html#mkcpgn=rssnws1
Monday, January 30, 2012
Drink of the Day: Chicha
"...A batch of chicha, a traditional Latin American corn beer...In order to follow an authentic Peruvian method as closely as possible, the corn would be milled and moistened in the chicha maker's mouth. In other words, they spit in the beer."
Chew It Up, Spit It Out, Then Brew It. Cheers!
by Joyce Wadler
http://www.nytimes.com/2009/09/09/dining/09beer.html?pagewanted=all
Chew It Up, Spit It Out, Then Brew It. Cheers!
by Joyce Wadler
http://www.nytimes.com/2009/09/09/dining/09beer.html?pagewanted=all
Tuesday, January 24, 2012
Chart:: Top 1% - What Jobs Do They Have?
http://www.nytimes.com/packages/html/newsgraphics/2012/0115-one-percent-occupations/index.html?nl=todaysheadlines&emc=thab1
Friday, January 20, 2012
Don't Mess With Food in Hong Kong
"In the city that created the dim sum bond, where food and money are two overriding passions, the biggest battle in the financial community isn't about job cuts or billion-dollar IPOs. It's about lunch...at issue is the length of the lunch hour at the Hong Kong Stock Exchange. The exchange...wants to reduce its lunchtime trading break from 90 minutes to one hour..."
For Brokers in Hong Kong, This New Policy Is Out to Lunch
by Kate O'Keefe & Isabella Steger
http://online.wsj.com/article/SB10001424052970203735304577166561256968008.html
For Brokers in Hong Kong, This New Policy Is Out to Lunch
by Kate O'Keefe & Isabella Steger
http://online.wsj.com/article/SB10001424052970203735304577166561256968008.html
Thursday, January 12, 2012
Analysis of the Week: Stress
"Takeaway 1: Life involves money, work and relationships.
Takeaway 2: Money, work and relationships cause stress.
Takeaway 3: Stress causes chronic illness
Takeaway 4: Chronic illness causes death
Therefore, one might conclude, life causes death."
Too much Stress? See, That is What Worries US
by Dan Zak
http://www.washingtonpost.com/lifestyle/style/in-american-psychological-association-survey-22-percent-report-extreme-stress/2012/01/11/gIQAooatrP_story.html
Takeaway 2: Money, work and relationships cause stress.
Takeaway 3: Stress causes chronic illness
Takeaway 4: Chronic illness causes death
Therefore, one might conclude, life causes death."
Too much Stress? See, That is What Worries US
by Dan Zak
http://www.washingtonpost.com/lifestyle/style/in-american-psychological-association-survey-22-percent-report-extreme-stress/2012/01/11/gIQAooatrP_story.html
Is Stradivarius Overrated?
"In short head-to-head tests, five instruments were preferred at roughly equal rates and one wad distinctly disfavored: a Stradivarius. In a more unstructured comparison, the same Stradivarius was again voted the worst, and four got equal ratings."
Is Stradivarius Overrated?
by Christopher Shea
http://online.wsj.com/article/SB10001424052970203471004577141042369472890.html
Is Stradivarius Overrated?
by Christopher Shea
http://online.wsj.com/article/SB10001424052970203471004577141042369472890.html
Question of the Day: Biking
Q: We all know that one should work or run in the opposite direction of street traffic. But can you explain the rationale for riding a bicycle with the traffic instead of against it? It feels wrong to me.
A: A bicycle is a vehicle, and if all vehicles did not abide by the same rules, conflicts and confusion would occur too often, resulting in accidents. To convince yourself, look at it this way: Would you ask the same question about riding a motorcycle? Of course not. Well, all of the underlying reasons for motorcycles to follow vehicle rules also apply to bicycles. Still a holdout? Studies do show that wrong-way cyclists are much more likely to get hit by cars.
-Ask Marilyn
A: A bicycle is a vehicle, and if all vehicles did not abide by the same rules, conflicts and confusion would occur too often, resulting in accidents. To convince yourself, look at it this way: Would you ask the same question about riding a motorcycle? Of course not. Well, all of the underlying reasons for motorcycles to follow vehicle rules also apply to bicycles. Still a holdout? Studies do show that wrong-way cyclists are much more likely to get hit by cars.
-Ask Marilyn
Tuesday, January 10, 2012
Friday, January 6, 2012
On Anxiety
"If you find you have a fear, how can you cope? Accept the anxiety. Tell yourself that this is a normal reaction and it will go away shortly. Don't bury the thought. That will only make it worse, thanks to a phenomenon called 'ironic processes.' Your emotional brain is programmed to resist when you try to suppress an emotional thought, particularly about a danger."
Insight Into Recent Elevator Anxiety
by Elizabeth Bernstein
Insight Into Recent Elevator Anxiety
by Elizabeth Bernstein
Monday, December 19, 2011
On Finding a Parking Spot During Busy Times
"Wait in a place where you can see 20 parking spots in front...assume that the average person's amll trip is roughly three hours (180 minutes). Divide by those 20 cars, and probability factors indicate that one of the cars will leave in nine minutes or less...the more cars you can watch, teh shorter the wait. Lingering in a place with 25 parked cars could shorten the wait time to about seven minutes."
Quick, Find a Parking Space
by Kelli Grant
http://online.wsj.com/article/SB10001424052970204026804577098451316357124.html
Quick, Find a Parking Space
by Kelli Grant
http://online.wsj.com/article/SB10001424052970204026804577098451316357124.html
Monday, December 12, 2011
Most Influential Cities in the World
The November 2011 National Geographic has an article/infograph of "The Most Influential Cities" in the world. A.T. Kearney launched the Global Cities Index in 2008 and issued an update in 2010. The rankings are based on political engagement, information exchange, human capital, cultural experience, and business activity Here is the rank:
1. New York City
2. London
3. Tokyo
4. Paris
5. Hong Kong
6. Chicago
7. Los Angeles
8. Singapore
9. Sydney
10. Seoul
11. Brussels
12. San Francisco
13. Washington, DC
14. Toronto
15. Beijing
http://twitpic.com/7jdcqa
1. New York City
2. London
3. Tokyo
4. Paris
5. Hong Kong
6. Chicago
7. Los Angeles
8. Singapore
9. Sydney
10. Seoul
11. Brussels
12. San Francisco
13. Washington, DC
14. Toronto
15. Beijing
http://twitpic.com/7jdcqa
US Presidents Live Long?
Aging in Office: US Presidents Often Outlive Peers
by Julie Steenhuysen
http://www.reuters.com/article/2011/12/06/us-usa-presidents-aging-idUSTRE7B52EY20111206
by Julie Steenhuysen
http://www.reuters.com/article/2011/12/06/us-usa-presidents-aging-idUSTRE7B52EY20111206
Friday, December 9, 2011
FP's Top 100 Global Thinkers
http://www.foreignpolicy.com/articles/2011/11/28/the_fp_top_100_global_thinkers?page=full
Which TV Shows Do Republicans & Democrats Like?
http://insidetv.ew.com/2011/12/06/republican-vs-democrat-tv/
Monday, December 5, 2011
Fact of the Day: Twelve Days of Christmas
This is the first time the cost of all 364 items named in the song The Twelve Days of Christmas, estimated by PNC Wealth Management, is more than $100,000. The cost is now $101,120.
-Time Magazine; December 2011
-Time Magazine; December 2011
Thursday, December 1, 2011
Burma vs. Myanmar
Find out which one is "correct" to use...
For Clinton, A Quandary By Any Name
by William Wan
http://www.washingtonpost.com/blogs/checkpoint-washington/post/burma-or-myanmar-for-clinton-no-easy-answer/2011/11/30/gIQAIl8rCO_blog.html
For Clinton, A Quandary By Any Name
by William Wan
http://www.washingtonpost.com/blogs/checkpoint-washington/post/burma-or-myanmar-for-clinton-no-easy-answer/2011/11/30/gIQAIl8rCO_blog.html
Tuesday, November 29, 2011
Are Dentists Overtreating Your Teeth?
http://well.blogs.nytimes.com/2011/11/28/are-dentists-overtreating-your-teeth/?ref=healthupdate&nl=health&emc=healthupdateemb2
Monday, November 28, 2011
Selling Stock Funds
BRICs: Brazil, Russia, India, China
CARBS: Canada, Australia, Russia, Brazil, and South Africa
MINTS: Malaysia, Indonesia, New Zealand, Thailand, and Singapore
CIVETS: Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa
MIST: Mexico, Indonesia, South Korea, and Turkey
CASSH: Canada, Australia, Singapore, Switzerland, and Hong Kong
"Academic research has shown that catchy monikers help sell investments. A 2006 study found that stocks with ticker symbols that conjure common words - such as LUV, BID and RIG - out-performed others by about 8.5 percentage points on their first day of trading from 1990 through 2004. The reason: When dealing with complicated subjects - like investing - people seem to prefer shortcuts that simplify matters."
What's In a Name
by Ben Levisohn
http://online.wsj.com/article/SB10001424052970203710704577054722530665042.html
CARBS: Canada, Australia, Russia, Brazil, and South Africa
MINTS: Malaysia, Indonesia, New Zealand, Thailand, and Singapore
CIVETS: Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa
MIST: Mexico, Indonesia, South Korea, and Turkey
CASSH: Canada, Australia, Singapore, Switzerland, and Hong Kong
"Academic research has shown that catchy monikers help sell investments. A 2006 study found that stocks with ticker symbols that conjure common words - such as LUV, BID and RIG - out-performed others by about 8.5 percentage points on their first day of trading from 1990 through 2004. The reason: When dealing with complicated subjects - like investing - people seem to prefer shortcuts that simplify matters."
What's In a Name
by Ben Levisohn
http://online.wsj.com/article/SB10001424052970203710704577054722530665042.html
Question of the Day: Sweat
I've always wondered if you sweat a lot via one part of your body if that body part loses more weight. For instance, if you sweat a lot through your head, is it your head that is losing that water-content weight?
How Much Should You Spend on a Car?
"The 1/10th rule is a general rule of thumb that states that you should spend no more than 1/10th of your gross annual income on a car."
http://www.calculatorpro.com/car-purchase-calculator
http://www.calculatorpro.com/car-purchase-calculator
Mac vs. PC Usuers
It still appears that there are overwhelmingly more PC users than Mac users...But through its strong advertising, you would think the opposite...
http://wiki.answers.com/Q/What_is_the_percentage_of_Mac_users_to_PC_users._Worldwide_or_otherwise.
http://wiki.answers.com/Q/What_is_the_percentage_of_Mac_users_to_PC_users._Worldwide_or_otherwise.
Wednesday, November 23, 2011
Daniel Kahneman on Human Blindness, & Overconfidence
"We are normally blind about our own blindness. We're generally overconfident in our opinions and our impressions and judgments. We exaggerate how knowable the world is...There are domains in which expertise is not possible. Stock picking is a good example. And in long-term political strategic forecasting, it's been shown that experts are just not better than a dice-throwing monkey."
-Time Magazine Interview; 11/28/11
-Time Magazine Interview; 11/28/11
Twitter-Based Hedge Funds
I still want to see how effective it is over the long-term. Anyone can beat the market for a few months or a few years, but can they do it consistently?
"The stock market is moddy. So is Twitter. Harness teh emotions flowing through both and you could beat the market. Indiana University professor Johan Bollen found that Twitter's collective mood predicted a market shift three days in advance. London hedge fund Derwent Capital took that info to the bank, growing 1.85% last July. The same month, the S&P dropped 2.2%. Derwent scans 10% of the more than 200 million daily tweets, parsing terms like 'calm' or 'alert'."
-Time Magazine, November 2011
"The stock market is moddy. So is Twitter. Harness teh emotions flowing through both and you could beat the market. Indiana University professor Johan Bollen found that Twitter's collective mood predicted a market shift three days in advance. London hedge fund Derwent Capital took that info to the bank, growing 1.85% last July. The same month, the S&P dropped 2.2%. Derwent scans 10% of the more than 200 million daily tweets, parsing terms like 'calm' or 'alert'."
-Time Magazine, November 2011
Monday, November 21, 2011
The Most Relaxing Song In The World
"British ambient band Marconi Union has drummed up the world's most realxing song: 'Weightless' in 8 min. 10 sec. of aural bliss, proved to reduce anxiety by 65% and slow heart rates by 35% as teh listener's body rhythm syncs with the song's. Indeed, Weightless is so successful at inducing somnolence that scientists caution drivers not to listen to it while behind the wheel."
Thursday, November 17, 2011
On the US Senate
A comedic look at the Senate...
"All senators look good: They're groomed like putting greens."
A Barrel Full of Senators
by Joel Achenbach
http://www.washingtonpost.com/wp-dyn/content/article/2007/01/30/AR2007013001315.html
"All senators look good: They're groomed like putting greens."
A Barrel Full of Senators
by Joel Achenbach
http://www.washingtonpost.com/wp-dyn/content/article/2007/01/30/AR2007013001315.html
Wednesday, November 16, 2011
Pain & The Brain
"How you think about pain can have a major impact on how it feels...When subjects focused on something disracting instead of the pain, they had mor activity in the higher-thinking parts of their brain...and they were able to ease their own pain significantly. Motivation also play a huge role - and helps explain why a gravely wounded soldier can ignore his own pain to save his buddies whle someone who is depressed may feel incapacitated by a minor sprain...people who are anxious are more likely to experience pain after surgery or develop lingering nerve pain after a case of shingles...one technique is attention distraction, simply directing your mind away from the pain...guided imagery, in which a patient imagines, say, floating on a cloud, also works in part by diverting attention away from pain. So does mindfulness meditation..."
Rewiring The Brain to Ease Pain
by Melinda Beck
http://online.wsj.com/article/SB10001424052970204323904577038041207168300.html
Rewiring The Brain to Ease Pain
by Melinda Beck
http://online.wsj.com/article/SB10001424052970204323904577038041207168300.html
Tuesday, November 15, 2011
On Timing the Stock Market
Perhaps the only stock investing advice one ever needs...
"Most mortals can't time the markets consistently well enough to make the strategy worthwhile. And because of the vagaries of human emotions, the act of trying to time the stock market often produces far worse results than just buying a diversified bundle of stocks and holding them for the long haul. People tend to sell in a panic at the bottom and buy in a flush of confidence at the top...the reason is that markets are efficient...in an efficient market at any point in time the actual price of a security will be a good estimate of its intrinsic value...As a result, the best stock-buying strategy is to find great companies, buy them now and hold them for a long time."
Time The Market? Try Roulette Instead
by James Glassman
http://www.washingtonpost.com/business/the-best-time-to-buy-or-sell-stocks/2011/11/09/gIQAEb86FN_story.html
"Most mortals can't time the markets consistently well enough to make the strategy worthwhile. And because of the vagaries of human emotions, the act of trying to time the stock market often produces far worse results than just buying a diversified bundle of stocks and holding them for the long haul. People tend to sell in a panic at the bottom and buy in a flush of confidence at the top...the reason is that markets are efficient...in an efficient market at any point in time the actual price of a security will be a good estimate of its intrinsic value...As a result, the best stock-buying strategy is to find great companies, buy them now and hold them for a long time."
Time The Market? Try Roulette Instead
by James Glassman
http://www.washingtonpost.com/business/the-best-time-to-buy-or-sell-stocks/2011/11/09/gIQAEb86FN_story.html
Thursday, November 10, 2011
Are Cookbooks Obsolete?
Are Cookbooks Obsolete
by Julia Moskin
http://www.nytimes.com/2011/11/09/dining/are-apps-making-cookbooks-obsolete.html?pagewanted=all
by Julia Moskin
http://www.nytimes.com/2011/11/09/dining/are-apps-making-cookbooks-obsolete.html?pagewanted=all
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