This list was put together by David Chan, an LA-based accountant and attorney who has eaten at 6,000+ Chinese restaurants across the US. Do you think it is a California-centric list?
http://asiasociety.org/blog/asia/best-chinese-restaurants-america-are-they-all-california?utm_source=Asia+Society+eNews&utm_campaign=03dcf1fca5-eNews_120626&utm_medium=email
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, June 26, 2012
Monday, June 25, 2012
Never Watch Porn While Trading Stocks
A recent study shows that men who watched sexy videos or handled lingerie sought immediate gratification—even when they were making decisions about money, soda, and candy.
http://www.bakadesuyo.com/why-you-should-never-watch-porn-while-you-tra
But you should watch before going to the gym:
http://www.bakadesuyo.com/should-you-watch-porn-and-action-movies-befor
http://www.bakadesuyo.com/why-you-should-never-watch-porn-while-you-tra
But you should watch before going to the gym:
http://www.bakadesuyo.com/should-you-watch-porn-and-action-movies-befor
Smarter = More Affairs?
Higher IQ means more cheating. The result was stronger for women than men. Oddly, intelligence increased infidelity in women while education reduced it.
http://www.bakadesuyo.com/are-smarter-people-more-likely-to-have-affair
http://www.bakadesuyo.com/are-smarter-people-more-likely-to-have-affair
What Its Billionaires Tell Us About a Nation
After nearly two decades of investing in emerging markets, much of it traveling from the gritty alleys of Bihar to the rooftop helipads of Sao Paulo in search of opportunity, I’ve developed an unusual rule of the road: watch the changes in the list of top billionaires, learn how they made their billions, and note how many billions they made. Changes in the list, and the size and source of the fortunes, can provide a quick indicator of how well positioned emerging nations are to compete in the global economy.
By Ruchir Sharma
http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/06/24/the-billionaires-list/
By Ruchir Sharma
http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/06/24/the-billionaires-list/
How Gullible Are We About Seeking Tips From "Experts"?
Researchers gave nearly 400 people in Bangkok and Singapore tokens representing money and invited them to bet on random coin flips. Before each flip, participants got the chance to pay to read a prediction of what the result of the next toss would be. After the coin toss, those who hadn't paid also learned what the expert had predicted.
The odds of any one tip being right were, of course, 50%. Still, when the advice proved correct after the first coin toss, roughly 12% of players paid for a tip in the second round, compared with 4% if the prediction was wrong. And the proportion rose each time the advice was correct: If four tips in a row were right, purely the result of chance, more than 40% of players paid for advice for round five.
http://online.wsj.com/article/SB10001424052702304898704577480922086289892.html
The odds of any one tip being right were, of course, 50%. Still, when the advice proved correct after the first coin toss, roughly 12% of players paid for a tip in the second round, compared with 4% if the prediction was wrong. And the proportion rose each time the advice was correct: If four tips in a row were right, purely the result of chance, more than 40% of players paid for advice for round five.
http://online.wsj.com/article/SB10001424052702304898704577480922086289892.html
Wednesday, June 20, 2012
Sexual Peak for Men & Women
Based on this one poll, the sexual peak for women is 28 and the sexual peak for men is 33.
http://www.huffingtonpost.com/2012/05/29/sexual-peak-women-28-men-33-myth_n_1554011.html?utm_hp_ref=sex
http://www.huffingtonpost.com/2012/05/29/sexual-peak-women-28-men-33-myth_n_1554011.html?utm_hp_ref=sex
World's Highest Paid Models: 2012
1. Gisele Bundchen: $45 million
2. Kate Moss: $9.2 million
3. Natalia Vodianova: $8.6 million
4. Adriana Lima: $7.3 million
5. Doutzen Kroes: $6.9 million
See the full list here:
http://www.forbes.com/sites/briansolomon/2012/06/14/the-worlds-highest-paid-models/
Also see this article for the most influential models of all time:
http://www.businessinsider.com/most-influential-models-of-all-time-2012-6
2. Kate Moss: $9.2 million
3. Natalia Vodianova: $8.6 million
4. Adriana Lima: $7.3 million
5. Doutzen Kroes: $6.9 million
See the full list here:
http://www.forbes.com/sites/briansolomon/2012/06/14/the-worlds-highest-paid-models/
Also see this article for the most influential models of all time:
http://www.businessinsider.com/most-influential-models-of-all-time-2012-6
Taxing Email & The "Rebound Effect"
"Mike Berners-Lee has a proposal for saving the world: he wants to start charging people a penny for every e-mail they send. Doing so, he argues, would dramatically cut down the number of messages and eliminate the spam industry in one fell swoop. More importantly, such a tax would be great for the environment because it woudl conserve the resources being used to process the large volumes of e-mail...The e-mail conundrum is the result of what Berners-Lee and others call the "rebound effect," where the creation of a more efficient manner of doing something causes people to do more of it, thereby offsetting some or all of the efficiency gains. Installing energy-efficient light bulbs in the home, for example, often results in people leaving their lights on at all hours. Building a more gas-efficient car, meanwhile, causes people to drive more."
The article notes that some think that the growth of emissions can more likely be explained by the Kaya identity, a theory developed in the 1990s by Japanese energy economist Yoichi Kaya. Kaya suggested humanity's effect on the environment could be calculated using four factors: population growth, gross domestic product per person, energy use per unit of GDP, and carbon emissions per energy unit.
Beware the Rebound Effect
by Peter Nowak
Corporate Knights Magazine (Spring 2012; Page 29)
The article notes that some think that the growth of emissions can more likely be explained by the Kaya identity, a theory developed in the 1990s by Japanese energy economist Yoichi Kaya. Kaya suggested humanity's effect on the environment could be calculated using four factors: population growth, gross domestic product per person, energy use per unit of GDP, and carbon emissions per energy unit.
Beware the Rebound Effect
by Peter Nowak
Corporate Knights Magazine (Spring 2012; Page 29)
Tuesday, June 19, 2012
Cool Product: Japan's "Mini Noah's Ark"
This yellow ball is meant to save people in disasters. Check it out. It is an escape-pod called Noah.
http://abcnews.go.com/blogs/technology/2011/09/japanese-build-escape-pod-noah/
The other product I like is a "green" garbage can called BigBelly which has a solar panel that powers the compactor and when the bin in full, a sensor wirelessly calls for pickup.
http://bigbellysolar.com/
http://abcnews.go.com/blogs/technology/2011/09/japanese-build-escape-pod-noah/
The other product I like is a "green" garbage can called BigBelly which has a solar panel that powers the compactor and when the bin in full, a sensor wirelessly calls for pickup.
http://bigbellysolar.com/
Thursday, June 14, 2012
Is Lobbying Bad for Business?
In a surprising finding, a new study shows that massive lobbying in D.C. and campaign donations by corporations are linked with worse market performance.
The Rice University study looked at the amount of money spent on lobbying and campaigning donations by 943 S&P 1500 firms between 1998 and 2008 and found that so-called political investments lead to weaker performance in terms of stock value and return on assets.
“The view of corporations meddling in politics to the downfall of public interests is nothing new… This study simply demonstrates that it might not be quite the return on investment that corporate America or the public at large believes it to be,” said Doug Schuler, a study co-author and professor at Rice.
The report suggested several reasons for what it called “largely unexpected results,” including that businesspeople who support corporate political giving may generally take more risky business decisions; that corporate political giving is a poor investment; that this kind of spending is difficult for shareholders to monitor; and that ideological beliefs and other such pressures may influence corporate political activity.
But there’s a catch - when the study looked only at highly regulated industries, corporate political giving was connected to better market performance.
“If you’re regulated and for many years you keep repeatedly investing in (political activity), then you’ll realize some return on your investments. Then and only then it makes financial sense,” Michael Hadani, another co-author of the study, told Reuters.
The study is titled “In Search of El Dorado: The Elusive Financial Returns on Corporate Political Investments.” It is expected to be published in a forthcoming issue of the Strategic Management Journal.
http://www.politico.com/news/stories/0612/77318.html
The Rice University study looked at the amount of money spent on lobbying and campaigning donations by 943 S&P 1500 firms between 1998 and 2008 and found that so-called political investments lead to weaker performance in terms of stock value and return on assets.
Further, the report showed that firms that placed former public officials on their boards were worse off than those without these kinds of board members.
“The view of corporations meddling in politics to the downfall of public interests is nothing new… This study simply demonstrates that it might not be quite the return on investment that corporate America or the public at large believes it to be,” said Doug Schuler, a study co-author and professor at Rice.
The report suggested several reasons for what it called “largely unexpected results,” including that businesspeople who support corporate political giving may generally take more risky business decisions; that corporate political giving is a poor investment; that this kind of spending is difficult for shareholders to monitor; and that ideological beliefs and other such pressures may influence corporate political activity.
But there’s a catch - when the study looked only at highly regulated industries, corporate political giving was connected to better market performance.
“If you’re regulated and for many years you keep repeatedly investing in (political activity), then you’ll realize some return on your investments. Then and only then it makes financial sense,” Michael Hadani, another co-author of the study, told Reuters.
The study is titled “In Search of El Dorado: The Elusive Financial Returns on Corporate Political Investments.” It is expected to be published in a forthcoming issue of the Strategic Management Journal.
http://www.politico.com/news/stories/0612/77318.html
Tuesday, June 12, 2012
Monday, June 11, 2012
Tuesday, June 5, 2012
Quote of the Week: Cars & Women
Q: How do you like to spend your Sundays
A: Working at my garage. I have about 135 cars and 90 motorcycles. It's a little silly, but my thing has always been one woman and 200 vehicles. It's cheaper than one car and 200 girlfriends.
-Parade Magazine asking Jay Leno about how he spends his Sundays.
A: Working at my garage. I have about 135 cars and 90 motorcycles. It's a little silly, but my thing has always been one woman and 200 vehicles. It's cheaper than one car and 200 girlfriends.
-Parade Magazine asking Jay Leno about how he spends his Sundays.
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