- Who eats what[infographic] bit.ly/HTbutM
- Open Strategist: Motivation from a toddler bit.ly/LPhLvs
- Who will be the next Treasury secretary? | Felix Salmon bit.ly/L39dlx
- Paris Hilton And The Collapse Of The Global Economy - Business Insider bit.ly/KXL0aw
- RT @HarvardBiz: Nervous about starting a new job? Try these 3 things bit.ly/MZxn0V
Open Strategist
Thursday, May 31, 2012
Links
Wednesday, May 30, 2012
Links
- History Lesson: The Story of Beer | Manolith bit.ly/KMgu3j
- The Benjamin Franklin Effect & You Are Not So Smart - StumbleUpon bit.ly/KMq6er
- Actually Giving A Fuck | Neville's Financial Blog - StumbleUpon bit.ly/KxR90s
- FT Alphaville » German slackers vs toiling Greeks… bit.ly/KX8A9w
- For Tech Start-Ups, New York Has Increasing Allure bit.ly/KXfifL
- To Err Is HumanA review of Thinking, Fast and Slow, by Daniel Kahneman. bit.ly/KXjZX1
- Star Bank Traders Struggle to Shine With Own Funds bit.ly/LbZyp0
- Blogonomics, ten years on bit.ly/L5ERLQ
Tuesday, May 29, 2012
Monday, May 28, 2012
Christine Lagarde to Greeks - "Payback Time"
So when she studies the Greek balance sheet and demands measures she knows may mean women won’t have access to a midwife when they give birth, and patients won’t get life-saving drugs, and the elderly will die alone for lack of care – does she block all of that out and just look at the sums?
“No, I think more of the little kids from a school in a little village in Niger who get teaching two hours a day, sharing one chair for three of them, and who are very keen to get an education. I have them in my mind all the time. Because I think they need even more help than the people in Athens.” She breaks off for a pointedly meaningful pause, before leaning forward.
“Do you know what? As far as Athens is concerned, I also think about all those people who are trying to escape tax all the time. All these people in Greece who are trying to escape tax.”
Even more than she thinks about all those now struggling to survive without jobs or public services? “I think of them equally. And I think they should also help themselves collectively.” How? “By all paying their tax. Yeah.”
It sounds as if she’s essentially saying to the Greeks and others in Europe, you’ve had a nice time and now it’s payback time.
“That’s right.” She nods calmly. “Yeah.”
via: guardian
“No, I think more of the little kids from a school in a little village in Niger who get teaching two hours a day, sharing one chair for three of them, and who are very keen to get an education. I have them in my mind all the time. Because I think they need even more help than the people in Athens.” She breaks off for a pointedly meaningful pause, before leaning forward.
“Do you know what? As far as Athens is concerned, I also think about all those people who are trying to escape tax all the time. All these people in Greece who are trying to escape tax.”
Even more than she thinks about all those now struggling to survive without jobs or public services? “I think of them equally. And I think they should also help themselves collectively.” How? “By all paying their tax. Yeah.”
It sounds as if she’s essentially saying to the Greeks and others in Europe, you’ve had a nice time and now it’s payback time.
“That’s right.” She nods calmly. “Yeah.”
via: guardian
Twitter Digest
- Longing for the Return of Dueling Pistol bit.ly/MCCpQP
- Neil Armstrong breaks silence to give accountants moon exclusive | Science | The Guardian bit.ly/KqyqED
- Valuation Guru Explains How Bankers Screwed Up Facebook's Valuation - Business Insider bit.ly/LxZ9Qy
- Who Is Priscilla Chan? bit.ly/MJzJOR
- Why We Lie bit.ly/KiRa9y
- How 10 Beers Came To Dominate Bars Around The World - Business Insider bit.ly/Ks7148
Two life lessons from the guy who invented the bell curve
Source: Wikipedia
You know that I write slowly. This is chiefly because I am never satisfied until I have said as much as possible in a few words, and writing briefly takes far more time than writing at length.
I mean the word proof not in the sense of the lawyers, who set two half proofs equal to a whole one, but in the sense of a mathematician, where ½ proof = 0, and it is demanded for proof that every doubt becomes impossible.
Sunday, May 27, 2012
Links
- Book Review: Thinking, Fast and Slow by Daniel Kahneman - Businessweek bit.ly/Ke2FPR
- Playboy goes west bit.ly/KUAtm8
- How Boaz Weinstein and Hedge Funds Outsmarted JPMorgan bit.ly/MOdeIH
- What I Learned on My Junket to China - Bloomberg bit.ly/MOioo4
- Watching the show at this hipster joint is always fun
#kensingtonmarket@Cmrn_DP http://pic.twitter.com/0quttnWx - Math badass otd: http://www.heraldsun.com.au/news/breaking-news/german-teen-shouryya-ray-solves-300-year-old-mathematical-riddle-posed-by-sir-isaac-newton/story-e6frf7k6-1226368490521
6 LIFE LESSONS FROM BILL HICKS
goodreads6 LIFE LESSONS FROM BILL HICKS
- “We all pay for life with death, so everything in between should be free.”
- “I believe that there is an equality to all humanity. We all suck.”
- “Life is only a dream and we are the imagination of ourselves.”
- “Here is my final point...About drugs, about alcohol, about pornography...What business is it of yours what I do, read, buy, see, or take into my body as long as I do not harm another human being on this planet? And for those who are having a little moral dilemma in your head about how to answer that question, I'll answer it for you. NONE of your fucking business. Take that to the bank, cash it, and go fucking on a vacation out of my life.”
- “The world is like a ride in an amusement park. And when you choose to go on it you think it's real because that's how powerful our minds are. And the ride goes up and down and round and round. It has thrills and chills and it's very brightly coloured and it's very loud and it's fun, for a while. Some people have been on the ride for a long time and they begin to question: "Is this real, or is this just a ride?" And other people have remembered, and they come back to us, they say, "Hey, don't worry, don't be afraid, ever, because this is just a ride." And we kill those people.”
- “I just have one of those faces. People come up to me and say, "What's wrong?" Nothing. "Well, it takes more energy to frown than it does to smile." Yeah, you know it takes more energy to point that out than it does to leave me alone?”
Saturday, May 26, 2012
Twitter Digest
- Why Facebook Is Almost as Greedy as Bernie Madoff | The Big Picture bit.ly/KKGkHh
- Bain Capital Explained By Tony Soprano (VIDEO) bit.ly/LlwzhL
- Bloomberg Billionaires Index News - Bloomberg bit.ly/yqcuYh
- EXCLUSIVE: Here's The Inside Story Of What Happened On The Facebook IPO - Business Insider bit.ly/KaiHIO
- 16 year old Hedge Fund Manager | Wall Street Oasis bit.ly/JyKgKN
- Detroit's Golden Era Pictures - Business Insider bit.ly/Ks5XNQ
- IPO Pricing 101 | Wall Street Oasis bit.ly/K5sMbM
- Entrepreneurs: 5 Things to Un-Learn From School bit.ly/K4YO7M
- Seth Godin Blog: You will be judged (or you will be ignored) bit.ly/J878zj via @ThisIsSethsBlog
Certain opinions
source
Some of you speak with certainty only in situations where you actually know the subject deeply and have understood all sides of the argument. But then there are those who speak with certainty in all circumstances regardless of what the actual knowledge base is. But certainty doesn't dictate truth and nether does it make an opinion fact.
Don't let the capacity of others to make false opinions appear truth fool you. Reason with them and let them realize that at the end of their day, its just an opinion, and like anyone else's, can be wrong.
Friday, May 25, 2012
resumes and fact fudging
Time to spruce up that resume…here’s some tips on fudging the truth:
- Moved a clothing rack – “Redesigned inventory placement.”
- Talked a customer into buying two ice cream cones instead of one – “Increased revenues 100%.”
- Worked as a cashier – “Supervised financial transactions with the public.”
- Answered phone – “Console communications specialist.”
- Pointed a customer towards the bathroom – “Solved customer problems/Improved health and safety
- protocol.”
- Showed a new person how to work the coffee machine – “Employee training in office technology.”
- Got creepy person to leave the building – “Enforced security protocol and secured business perimeter.”
- Sent external emails – “Updated communications and served as public relations liaison.”
- Got obnoxious office mate to stop telling dirty jokes – “Served as employee grievance mediator.”
- Unjammed paper from copy machine – “Troubleshooting print technology.”
- Opened baffling attachment: “Served as communications sysadmin.”
- Planned small surprise karaoke party for boss – “Media and entertainment planner.”
Source: BI
The end of caveat Emptor
Caveat Emptor; the Latin translation for 'Let Buyer Beware' is something that anyone with Law 101 should know. Not too long ago in 1604(OK, maybe it has been a while) did a man sue a seller over a bezoar stone known to have magical powers(wiki). He lost the case because the seller made no warranties over the existence of the powers.
Although the doctrine still currently exists, I believe its time to declare an end to it. The world of sales and marketing has been revolutionized and it is no longer acceptable to let the buyer suffer the consequences of such nuances.
Customer is and always will be king, and any games you play to try and manipulate this proposition will only lead to failure.
Caveat Empter...NOT
Although the doctrine still currently exists, I believe its time to declare an end to it. The world of sales and marketing has been revolutionized and it is no longer acceptable to let the buyer suffer the consequences of such nuances.
Customer is and always will be king, and any games you play to try and manipulate this proposition will only lead to failure.
Caveat Empter...NOT
Thursday, May 24, 2012
Twitter Digest
- The Economics of All-You-Can-Eat Buffets - Forbes bit.ly/KdQhPB
- 007 Skyfall Trailer | The Big Picture bit.ly/MChvRW
- Shopping Cart Abandonment Rate Statistics | The Big Picture bit.ly/KFFkU7
- When you’re not trying to fit in, you’re free to stand out. ~ @MarsDorian
Paradox of 80 20 rule
The Pareto principle or the law of the vitals says that 80% of the results come 20% of the efforts. So if you run a business, 80% of the revenue comes from 20% of the efforts. Now using this rule of thumb might lead you to the conclusion that you should go ahead and eliminate 80% of the products that don't provide as much revenue as others.
But the paradox lies in the fact that now you have another 80/20 breakdown, and if you continue in this fashion, soon you'll have nothing left to call revenue.
The 80/20 rule is nothing more than a negotiation gambit; don't get blindsided by its simplicity.Stick to actual data and rule this rule of thumb out.
But the paradox lies in the fact that now you have another 80/20 breakdown, and if you continue in this fashion, soon you'll have nothing left to call revenue.
The 80/20 rule is nothing more than a negotiation gambit; don't get blindsided by its simplicity.Stick to actual data and rule this rule of thumb out.
Tuesday, May 22, 2012
Twitter Digest
- How they rebuilt Stonehenge bit.ly/JlKDbB
- 5 Futuristic Technologies Invented in the Wrong Century | Cracked.com - StumbleUpon bit.ly/MDxq2g
- Dear New York Times & Wall Street Journal: How About Some Sensible Digital Subscription Pricing? bit.ly/IXzMcj
- What Money Can't Buy: The Moral Limits of Markets - The Barnes & Noble Review bit.ly/KbRGU4
- » 20 Things I Wish I Had Known When Starting Out in Life :zenhabits bit.ly/g9iHgk
- 13 Ways to Quickly Improve Your Decision-Making — PsyBlog bit.ly/J7ZNjs
Twitter Digest
- Reality of finance is simple math. Eventually, the probabilities play themselves out and the dice come up snake eyesbit.ly/xQ5llu
- Business schools lure recruiters from smaller firms bit.ly/LsLGLQ
- Math Becomes Music: What Pi Sounds Like - Culture - GOOD bit.ly/JXbM5v
- Funny Tweets About Facebook IPO - Business Insider bit.ly/L0Ysy5
- The Indian Outsourcing Issue Is Back - Businessweek bit.ly/J8dhvv
- Who is JPMorgan's Irv Goldman? - Businessweek bit.ly/KVzT6l
- Be nice to people because you never know where they’ll be one day bit.ly/J86XEm
Monday, May 21, 2012
What not to learn from your parents
Parents are the most important people to children, but not always the most loved. Generally I would suggest you take things seriously when people who are important to you talk, but there is something you shouldn't take from them, and that is advice on what paths to take in life.
Parents want what's good for you, but not whats best for you. Sometimes the path to what is best for you is not good. Sometime taking the pain and not the nicest path is the route to self realization and success.
Learn and unlearn.
Learn and unlearn.
Twitter Digest
- How JPMorgan Is Like Enron - Bloomberg bit.ly/J6q0zY
- What American Women Do For Work : Planet Money : NPR bit.ly/IKC2k2
- Pictures : Canadian Oil Sands Flyover - Business Insider bit.ly/LeF1P9
- CHART OF THE DAY: Why Facebook Never Fell Below $38 Per Share - Business Insider bit.ly/KZiDfZ
Sunday, May 20, 2012
Twitter Digest
- Social media marketing landscape complicated - Business Insider bit.ly/KoDze8
- Coffee May Help Drinkers Live Longer, U.S. Study Suggests - Bloomberg bit.ly/JlalSi
- Facebook's Valuation: What $104 Billion Is Worth: What It Amounts To - Bloomberg bit.ly/JooTtL
- The Facebook IPO & Market Game Theory | Global Macro Monitor bit.ly/JoqKi6
Saturday, May 19, 2012
Twitter Digest
- 50 Years Of Government Spending, In 1 Graph : Planet Money : NPR bit.ly/J94IW9
- Facebook $16 Billion IPO Seen As Fuel For Strategic Deals: Tech bit.ly/KYZWZS
- Open Strategist: Fight as you were right, listen as you were wrong bit.ly/JF0HHa
- Open Strategist: Peter principle bit.ly/JF0LXh
- RT @pkedrosky: In doing analysis of Facebook IPO for an upcoming article was told I couldn't use word "ejaculate".#TipsForInfrequentWriters
- Open Strategist: Facebook Stock Certificate bit.ly/JIWuCm
Friday, May 18, 2012
Twitter Digest
- How to Turn Average Employees into Rock Stars on.wsj.com/Jpry9x
- Mother's Day in prison reut.rs/JHBwUV
- Finding Yourself in Solitude: 10 Lessons of Growing - USA - Clear Minds - WorldNomads Adventures bit.ly/JNjPAZ
- Seth Godin Blog: Naming things bit.ly/JMzxMK via @ThisIsSethsBlog
- How Moore's Law Affects Wall St. Trading nyti.ms/Jakbp6
- The Truth About JP Morgan’s $2 Billion Loss | The Big Picture bit.ly/JF1ho9
- Experts Try Charting the Path for a Euro Exit on.wsj.com/JkIrz9
- RT @pkedrosky: In doing analysis of Facebook IPO for an upcoming article was told I couldn't use word "ejaculate".#TipsForInfrequentWriters
- Social media marketing landscape complicated - Business Insider bit.ly/KoDze8
- Coffee May Help Drinkers Live Longer, U.S. Study Suggests - Bloomberg bit.ly/JlalSi
Thursday, May 17, 2012
The Year of...
We all have things to remember life by. As the years go by, we label things because its easier to remember. For example, I remember the year when I learned how to ride a bike; the year when I first read a non-fictionbook and finished it; the year that I learned how to play squash; the year when I graduated university and so on.
But the truth is that we can never actually remember the year, but only the idea or location of event. Its not years that matter, but experiences. Live to experience and not to count years.
But the truth is that we can never actually remember the year, but only the idea or location of event. Its not years that matter, but experiences. Live to experience and not to count years.
Wednesday, May 16, 2012
Six Life lessons from Plato
Plato was one of the foremost authorities on philosophy and his reputation as a thinker was world renowned. Here's six, but by no way an exhaustive list of lessons he gave us:
- Honesty is for the most part less profitable than dishonesty
- I shall assume that your silence gives consent
- We do not learn; and what we call learning is only a process of recollection
- Courage is knowing what not to fear
- Any man may easily do harm, but not every man can do good to another
- A good decision is based on knowledge and not on numbers
Twitter Digest
- Why Starbucks Embarrasses You If You Don't Use Its Vocabulary - Business Insider read.bi/JImzQ0
- How to Turn Average Employees into Rock Stars on.wsj.com/Jpry9x
- Mother's Day in prison reut.rs/JHBwUV
- Finding Yourself in Solitude: 10 Lessons of Growing - USA - Clear Minds - WorldNomads Adventures bit.ly/JNjPAZ
- How Moore's Law Affects Wall St. Trading nyti.ms/Jakbp6
Saturday, May 12, 2012
Twitter Digest
- A Day in the Life of a Journalistic Speed Freak - Slide Show -NYTimes.com nyti.ms/JASgNA
- Seth Godin Blog: Free samplesbit.ly/K5m19i via @ThisIsSethsBlogAND NOW WE KNOW THE TRUTH
- ABOUT WALL STREET: It's Kids Playing With Dynamite - Business Insider read.bi/JjEHnR
- Jamie Dimon - the only wall street exec who accepts failure - Business Insider read.bi/J5HM4w
Friday, May 11, 2012
Twitter Digest
- Why I Am Grateful To The Childhood Bullies Who Tormented Me - Forbes onforb.es/Kkd1MX
- Should You Get a Vasectomy?: This man finally gets his happy ending: GQ gqm.ag/wXzAks
- How People Spend Their Time Online [INFOGRAPHIC] – Infographic List bit.ly/IZnrlF
- Japan turns off 54 nuclear reactors | The Economistecon.st/IJEclWTim Cook's Best Quotes Ever - Business Insider read.bi/JeoLhh
- Top ten myths about introverts - Jerry Brito - StumbleUponbit.ly/KbG6ff
- Leadership Lessons from Sherlock Holmes: Watch and Learn | Management Excellence by Art Petty bit.ly/KGOqF7
Thursday, May 10, 2012
Twitter Digest
- BP Oil Spill Photos - Business Insider read.bi/IVmkmb
- Underwater "Discus" Hotel In Dubai - Business Insiderread.bi/IVsmmJ
- More Than 40% of U.S. May Be Obese by 2030, Study Says - Bloomberg bloom.bg/IYYbLs
- » What I’ve Learned About Learning :zenhabits bit.ly/IZ9uU5
- » 38 Life Lessons I’ve Learned in 38 Years :zenhabitsbit.ly/jmSSNZ
- How Secretary Manuals Were Oddly Empowering - Bloombergbloom.bg/IFXeVB
- Tim Cook's Best Quotes Ever - Business Insider read.bi/JeoLhh
- Japan turns off 54 nuclear reactors | The Economistecon.st/IJEclW
- Why I Am Grateful To The Childhood Bullies Who Tormented Me - Forbes onforb.es/Kkd1MX
- Top ten myths about introverts - Jerry Brito - StumbleUponbit.ly/KbG6ff
- Leadership Lessons from Sherlock Holmes: Watch and Learn | Management Excellence by Art Petty bit.ly/KGOqF7
Wednesday, May 9, 2012
Tuesday, May 8, 2012
Twitter Digest
Life after Seinfeld | Television & radio | The Guardian bit.ly/JuvmW8
Why Don't Americans Recycle? (Scaling) bit.ly/HAtj0I
Five Reasons Robot Sex Partners Won't End Human Trafficking - Technology Review bit.ly/INNi0W
Lincoln High School in Walla Walla, WA, tries new approach to school discipline — suspensions drop 85% « ACEs Too Highbit.ly/KlyTnP
The Violent, Scandalous Origins of JPMorgan Chase - Bloomberg bloom.bg/IFY4BJ
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