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, 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
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