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.

Monday, February 3, 2014

Stock Pullbacks

5% market declines occur three times per year on average.

-Heard on Nightly Business Report (NBR) on Feb. 3, 2014 (according to Bank of America Merrill Lynch)

Monday, January 13, 2014

Map: There are 2 Latin Americas

This article has a map showing the countries touching the Pacific Ocean as embracing free markets and all the others touching the Atlantic as favoring state controls.


The Two Latin Americas
by David Luhnow
http://online.wsj.com/news/articles/SB10001424052702303370904579296352951436072

Tuesday, January 7, 2014

Stock Picking Advice from Head of Harvard's Endowment

"Take the long-term view" was the best advice I ever received. If you take the long-term view, you will see things others miss. Nearly everyone thinks about next month, next quarter. Jack Meyer, who ran [the] Harvard endowment for 15 years, taught me that when you think about multiple years or even decades you see opportunities to create value others might not see, and you make different judgments today as a result.


The Best Financial Advice I Ever Got (or Gave)
http://online.wsj.com/news/articles/SB20001424052702304244904579276963442898436

US Politics Not Gridlocked?

No, It Only Looks Like Gridlock
by Tyler Cowen
http://www.nytimes.com/2013/12/22/business/dont-mistake-this-for-gridlock.html?_r=0

Dilbert's Scott Adams of Happiness

Happiness = Health + Freedom


http://www.washingtonpost.com/business/read-this-if-you-want-to-be-happy-in-2014/2014/01/02/d96370f0-7192-11e3-9389-09ef9944065e_story.html

On Value Line and Stock Picking

The Man Who Beat the Market - and Why He's Bullish Now
by Mark Hulbert
http://online.wsj.com/news/articles/SB20001424052702304244904579278390206935848


also:


This article mentions the classic economic paper from 1980 by J. Scott Armstrong titled "The Seer-Sucker Theory: The Value of Experts in Forecasting."


Value of Stock 'Experts' Is Up for Debate
by Spencer Jakab
http://online.wsj.com/news/articles/SB20001424052702303640604579296661592902306

The Levy Walk

Study: When Hunger Strikes, Humans Walk a Predictable Path
by Meeri Kim
http://www.washingtonpost.com/national/health-science/hunter-gatherer-humans-join-insects-sharks-and-other-animals-in-doing-the-levy-walk/2013/12/28/c807769a-6fde-11e3-a523-fe73f0ff6b8d_story.html

Wednesday, December 18, 2013

What's an African Life Worth?

On the value of a statistical life (VSL):

African travelers' VSL: $577,000
Non-Africans' VSL: $924,000
EPA: $7.4 million
California DOT: $2.7 million

http://www.foreignpolicy.com/articles/2013/12/02/what_s_an_african_life_worth#sthash.di41ebFb.dpbs

Monday, December 9, 2013

On Dying After Your Time

Adding years to your life doesn't necessarily make it any fuller.

On Dying After Your Time
by Daniel Callahan
http://www.nytimes.com/2013/12/01/opinion/sunday/on-dying-after-your-time.html?_r=0

Wednesday, October 2, 2013

Dan Ariely on Marriage

Someone once said to me that marriage is like betting someone half of everything you own that you’d love him or her forever. Do you agree?

Dan Ariely: From the perspective of an outside observer, there are some things in life that can be described as a bet or a gamble—while for the people directly involved, looking at it that way will be a very bad idea. Marriage is one of these cases. It might be fun and interesting to think about other peoples’ marriages in such terms, but don’t be tempted to think about your own relationship this way. And certainly don’t mention these odds to your significant other.