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.
Friday, December 19, 2014
Monday, December 15, 2014
Wednesday, November 26, 2014
Tuesday, November 25, 2014
Can Trade Prevent War?
By Matthew Jackson and Stephen Nei:
https://www.gsb.stanford.edu/insights/matthew-o-jackson-can-trade-prevent-war
https://www.gsb.stanford.edu/insights/matthew-o-jackson-can-trade-prevent-war
Monday, November 17, 2014
Tuesday, October 21, 2014
Tuesday, October 7, 2014
Thursday, September 25, 2014
Dan Ariely on Divorce
Q: Why is the divorce rate so high?
Dan: In is hard to imagine we can be happy with any decision even a year down the line, much less 10, 20 or even 50 years later. Frankly, I am amazed by how low the divorce rate is.
Dan: In is hard to imagine we can be happy with any decision even a year down the line, much less 10, 20 or even 50 years later. Frankly, I am amazed by how low the divorce rate is.
Monday, September 22, 2014
Monday, September 15, 2014
Friday, September 5, 2014
Simple is Better for Happiness
A new study finds that the older people get, the more happiness ordinary experiences deliver.
http://www.nytimes.com/2014/08/30/your-money/affixing-more-value-to-the-ordinary-experiences-of-life.html?_r=0
http://www.nytimes.com/2014/08/30/your-money/affixing-more-value-to-the-ordinary-experiences-of-life.html?_r=0
Wednesday, September 3, 2014
Friday, August 8, 2014
Tuesday, August 5, 2014
Monday, July 28, 2014
Thursday, July 24, 2014
Tuesday, July 22, 2014
Friday, July 18, 2014
Monday, July 14, 2014
Thursday, July 3, 2014
Wednesday, July 2, 2014
Investment Advice from Warren Buffett
"The markets are designed to transfer money from the active to the patient."
http://online.wsj.com/articles/look-whos-beating-the-market-1403888067
http://online.wsj.com/articles/look-whos-beating-the-market-1403888067
Tuesday, July 1, 2014
Harvard MBA Indicator
Use this to predict bubbles...it's a bad sign when Harvard grads go to Wall Street...
http://www.washingtonpost.com/blogs/wonkblog/wp/2014/05/28/want-to-spot-the-next-bubble-look-at-where-harvard-grads-work/
http://www.washingtonpost.com/blogs/wonkblog/wp/2014/05/28/want-to-spot-the-next-bubble-look-at-where-harvard-grads-work/
Hongeo: Fermented Fish from Korea
As the NYT describes it: a delicate mix of outhouse and ammonia.
http://www.nytimes.com/2014/06/15/world/asia/hongeo-south-koreas-smelliest-food.html
http://www.nytimes.com/2014/06/15/world/asia/hongeo-south-koreas-smelliest-food.html
How to Make Someone Happy to Pay You
Dear Dan,
Early
in my career, I wrote a massive Excel macro for the large bank where I
worked. The macro (a set of automated commands) would take a data dump
and turn it into a beautiful report. It took about two minutes to run,
with an hourglass showing that it was working away. The output was very
useful, but everyone complained that it was too slow.
One
way to speed up a macro is to make it run in the background, invisibly,
with just the hourglass left on-screen. I had done this from the start,
but just for fun, I flipped the setting so that people using the macro
could see it do its thing. It was like watching a video on fast forward:
The macro sliced the data, changed colors, made headers and so on. The
only problem: It took about three times as long to finish.
Once
I made this change, however, everyone was dazzled by how fast and
wonderful the algorithm was. Do you have a rational explanation for this
reversal?
—Mike
I'm
not sure I have a rational explanation, but I have a logical one. What
you describe so nicely is a combination of two forces. First, when we
are just waiting aimlessly, we feel that time is being wasted, and we
feel worse about its passage. Second, when we feel that someone is
working for us, particularly if they are working hard, we feel much
better about waiting (and about paying them for their effort).
Interestingly, this joy at having someone work hard for us holds true
not just of people but of computer algorithms, too.
The life lesson should be clear: Work extra hard at describing how hard you work to those around you.
http://online.wsj.com/news/articles/SB20001424052702304349604579606111586255626
Thursday, June 26, 2014
Friday, June 20, 2014
Wednesday, June 18, 2014
Tuesday, June 17, 2014
Quote of the Day: Anxiety
The whole point of the brain is to predict the future based on past experience.
-Cori Bargmann of Rockefeller University
-Cori Bargmann of Rockefeller University
Wednesday, June 4, 2014
Tuesday, June 3, 2014
End of the World?
Species disappearing 10 times as fast as previously thought, study finds...
http://www.salon.com/2014/05/29/study_species_disappearing_far_faster_than_before/
http://www.salon.com/2014/05/29/study_species_disappearing_far_faster_than_before/
Monday, June 2, 2014
Friday, May 30, 2014
Thursday, May 29, 2014
What Should the World's Priorities Be?
By summer diplomats are expected to produce a finished list of 10 or so goals, to be anointed by the United Nations General Assembly next year as the Sustainable Development Goals, intended to be a focus on global attention and resources over the following 15 years. They are meant to succeed the 8 Millennium Development Goals the UN set in 2000.
Sex Trafficking Industry is Hugely Profitable
"The annual profit margin on each women is about 70%. Highly successful companies such as Google have a profit margin of around 22%," says Nick Grono, CEO of Freedom Fund.
Wednesday, May 28, 2014
Wednesday, May 21, 2014
Monday, May 19, 2014
Wednesday, May 14, 2014
Tuesday, May 13, 2014
Tuesday, May 6, 2014
Monday, May 5, 2014
Hook-Up Truck
The food truck of sex...
http://blog.sfgate.com/stew/2014/05/01/hook-up-truck-rolls-out-in-bay-area/
http://blog.sfgate.com/stew/2014/05/01/hook-up-truck-rolls-out-in-bay-area/
Reminder of How Vulnerable Humans Are
And how vulnerable Earth is...
Asteroids
caused 26 nuclear-scale explosions in the Earth’s atmosphere between
2000 and 2013, a new report reveals. - See more at:
http://marginalrevolution.com/marginalrevolution/2014/05/department-of-ho-hum.html#sthash.zbzOwvcf.dpuf
"Asteroids caused 26 nuclear-scale explosions in the Earth's atmosphere between 2000 and 2013."
Asteroids
caused 26 nuclear-scale explosions in the Earth’s atmosphere between
2000 and 2013, a new report reveals. - See more at:
http://marginalrevolution.com/marginalrevolution/2014/05/department-of-ho-hum.html#sthash.zbzOwvcf.dpuf
Asteroids
caused 26 nuclear-scale explosions in the Earth’s atmosphere between
2000 and 2013, a new report reveals. - See more at:
http://marginalrevolution.com/marginalrevolution/2014/05/department-of-ho-hum.html#sthash.zbzOwvcf.dpuf
http://marginalrevolution.com/marginalrevolution/2014/05/department-of-ho-hum.html
Friday, May 2, 2014
Wednesday, April 30, 2014
General Public Has Virtually No Influence on Policy
Testing Theories of American Politics: Elites, Interest Groups, and Average Citizens
http://www.princeton.edu/~mgilens/Gilens%20homepage%20materials/Gilens%20and%20Page/Gilens%20and%20Page%202014-Testing%20Theories%203-7-14.pdf
http://www.princeton.edu/~mgilens/Gilens%20homepage%20materials/Gilens%20and%20Page/Gilens%20and%20Page%202014-Testing%20Theories%203-7-14.pdf
Monday, April 28, 2014
Compensatory vs. Punitive Damages
"Generally speaking, punitive damages that are more than nine times greater than compensatory damages should be viewed skeptically, the Supreme Court has ruled."
http://online.wsj.com/news/articles/SB20001424052702303910404579489921055493540
http://online.wsj.com/news/articles/SB20001424052702303910404579489921055493540
Thursday, April 17, 2014
Tuesday, April 15, 2014
Wednesday, April 9, 2014
Wednesday, April 2, 2014
Tuesday, April 1, 2014
Thursday, March 27, 2014
Monday, March 24, 2014
Sunday, March 23, 2014
Friday, March 21, 2014
Wednesday, March 19, 2014
Monday, March 17, 2014
Tuesday, March 4, 2014
Do Economic Sanctions Work?
Tyler Cowen on Daniel Drezner on economic sanctions.
http://marginalrevolution.com/marginalrevolution/2014/03/do-economic-sanctions-work.html
http://marginalrevolution.com/marginalrevolution/2014/03/do-economic-sanctions-work.html
President's Pay
How much should a college president make compared to the worker who cleans his office? According to a proposal put forward by students and faculty at St. Mary's College, the answer is: No more than 10 times as much.
Basing a president's pay off the cleaning crew's
by Lilian Cunningham and Jena McGregor
http://www.washingtonpost.com/blogs/on-leadership/wp/2014/02/20/st-marys-college-considers-basing-presidents-salary-off-that-of-cleaning-staff/
Basing a president's pay off the cleaning crew's
by Lilian Cunningham and Jena McGregor
http://www.washingtonpost.com/blogs/on-leadership/wp/2014/02/20/st-marys-college-considers-basing-presidents-salary-off-that-of-cleaning-staff/
Thursday, February 27, 2014
Wednesday, February 26, 2014
Forbes CLEWI
Forbes' Cost of Living Extremely Well Index (CLEWI):
http://www.forbes.com/sites/scottdecarlo/2013/09/18/cost-of-living-extremely-well-index-the-price-of-the-good-life/
http://www.forbes.com/sites/scottdecarlo/2013/09/18/cost-of-living-extremely-well-index-the-price-of-the-good-life/
Wednesday, February 19, 2014
Best Times to Fly
Buy a flight before or between these dates...
http://www.usatoday.com/story/travel/columnist/seaney/2014/02/12/cheapest-days-to-fly-in-2014/5401149/
http://www.usatoday.com/story/travel/columnist/seaney/2014/02/12/cheapest-days-to-fly-in-2014/5401149/
Tuesday, February 4, 2014
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)
-Heard on Nightly Business Report (NBR) on Feb. 3, 2014 (according to Bank of America Merrill Lynch)
Tuesday, January 28, 2014
Friday, January 24, 2014
Tuesday, January 21, 2014
Friday, January 17, 2014
Tuesday, January 14, 2014
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
The Two Latin Americas
by David Luhnow
http://online.wsj.com/news/articles/SB10001424052702303370904579296352951436072
Friday, January 10, 2014
Turkey Legs - The New Hot Food Trend?
Turkey Legs Conquer Land of Mouse Ears
by Brooks Barnes
http://www.nytimes.com/2013/12/28/business/media/disneys-newest-star-turkey-leg-wins-hearts-and-stomachs.html?_r=0
by Brooks Barnes
http://www.nytimes.com/2013/12/28/business/media/disneys-newest-star-turkey-leg-wins-hearts-and-stomachs.html?_r=0
Wednesday, January 8, 2014
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
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
by Tyler Cowen
http://www.nytimes.com/2013/12/22/business/dont-mistake-this-for-gridlock.html?_r=0
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
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
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
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