About Me

A contrarian strategist and poly...

Saturday, August 04, 2012

I went into McD's a couple of days ago - yeah, yeah, but I happen to think their coffee is passable (and cheap, relatively).
30 patrons, not counting 4 children.
ALL at least 50 lbs overweight. And I mean ALL. And a distinct emphasis on "at least". I  would qualify them all as "obese".
And the children were also greatly overweight.
In addition, of the 6 servers, 3 were also overwieght.
That left me and 3 people behind the counter as moderately close to a reasonable BFI.
So: Excluding the observer, Correlation of obesity to customer sample: r+1.00.
Correlation or causation?
Just askin'.

Monday, July 09, 2012

Those Nobel Prizes mean something.

Lately, I have been wading through Phil Kahneman's book (see sidebar). Lots there, in terms of analyzing my own thinking patterns. Good stuff.
Interesting how Nobel laureates actually make a lot of sense when they are in their own field of expertise.

Thursday, June 07, 2012

For Everything

For everything you love, there is a price.
Be prepared to pay, or be prepared to let go.

Sunday, May 27, 2012

Overheard on the bus...egocentrism.

"Can you imagine me and Jarrett? We would be such a good couple, don't you think?"
Interesting how the "ME" comes before the intended other. It states unwittingly the relative importance of the self as opposed to her target. Most unfortunate in that the younger "me first" generation place themselves above all other things. (Except maybe their cellphone.)
(No, she was not blond. But she was under 25.)

Thursday, May 24, 2012

So maybe this is what we need: "The freedom of financial markets was secondary to the priorities of social welfare and duty of care for employees". (S.Halper)
Unless of course those employees happen to be constructing CDO2's and making the company tons of money. Then they align nicely - for the chosen few. But heaven help you if you're wrong - then it's to the dogs with you. (hats off to JPMS)

Sunday, May 13, 2012

Aval Care.

I find it ...somewhat ambivalently pleasing that I see many grandparents doing what I would call parenting. You know, the cooking, walking, shopping, dressing. Although I believe that aval care is one aspect of the human species that differentiates us from other species (don't actually know the research on this), the ambivalence comes from the realization that much of this care is "enforced" by economic circumstances - both (or only the one) parents needing to work to make ends meet. So the care and upbringing is left to the grandparents.
A sad comment on economic times, but possibly a good thing in terms of care.
Just sayin.

Monday, May 07, 2012

I was brought up with standards. I don't know how much of it was cultural, how much was parenting, or how much is self-initiated.
But I do not chew with my mouth open.
I find it interesting that as pharmacology gets better and better, the client-base compliance gets worse and worse.
Of course thsi relates to the "entitlement" syndrome that has become commonplace - someone else is responsible -It cannot be ME!
And although health care is pervasive, it does not counter the self-destructive tendency of many people.

Saturday, March 31, 2012

For the "Trucks".

A little bon-mot for all the "truckers" out there:

Go to the Gas Station
Go directly to the Gas Station
Do not pass the Gas Station
Do NOT collect $200.

Wednesday, March 07, 2012

A loss...

I don't follow many blogs, but "Neptunus Lex" was one of those very few.
Gone.
http://www.lahontanvalleynews.com/article/20120306/NEWS/120309948

God be with you.

Saturday, February 18, 2012

Doin' the Reading Railroad

Ok, no posts for quite a while. Not dead, just slightly retiring.

Anyway, been reading a lot, lately mostly economics history. I must admit to a distinct neo-Keynesian bent. ala Krugman I suppose.
The latest is "Grand Pursuit" by Sylvia Nasar. Not too technical (aka wonkish) but interesting especially in the "times in which we live". IOW - the great recession.

A few perceptive comments made along the way, and a few thoughts as well:

"Governments of democracies risk violence if they are foolish enough to leave the econoimc circumstances of their citizens to chance."
This is pretty much what happened in the run-up to 2007. And it's still generally true. Little oversight of an "industry" - if you can call unfettered quasi-banking that at all - that created our currernt mess. I says a great deal about our society that it generally has NOT led to violence. But that doesn't mean it can't in the future.

"Dangerous acts can be done safely in a community which thinks and feels rightly which would be the way to hell if they were executed by those who think and feel wrongly." (Keynes)
Which brings us to the ethical concepts and principles behind the people in positions where they are capable of those acts. Although generally I do not love media, they are right to expose the inadequacies of candidates for political office (among many others). It comes to a contest of "
who do you trust". Unfortunately, just about all political people fail at the trust thing. I place that as the major cause of poor and falling voter turnout during elections. Who do you vote for when you can't trust any of the candidates? Hvaing a choice in this case means not having a choice at all. So the only voters are those with a belief, or an agenda. And they vote for the individual, or party, that seems to exemplify those beliefs or agendas.
This accounts nicely for the powere associated with "blocs", be they religious, financial, or otherwise political. Political poweer then becomes extreme in its association with the pursuit of that agenda. The religious right and the banks in the US are obvious examples, as is the Tea Party.

As to OWS (Occupy Wall Street): there have been multitudes of ad hominem attacks on the protesters. Aside from the fact that they miss the point of questioning the practices of Wall Street, they also lack the proper historical perspective: ideological protests must come from the semi-favored class. They are the only group with the combination of time, money, education, and intelligence to mount such protests. The lower-economic classes (and I do NOT mean that in any disparaging way) are too busy just getting by.
Only the favored can devote the time to "occupy" anywhere - everyone else needs to work to get by.
Only the favored are moneyed enough to afford the trips, the time, (and yes, the cell-phones) to engage in a protest.
Only the favored have been able to educate themselves to understand what happens, and to realize where the problems are. And perhaps the solutions.
All revolutions require an "elite" if you will. Perhaps those who oppose the Occupy movement implicitly realize this - they know that ideas matter the most, and economic ideas sometimes the most of all.