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Had a Good Think Lately?

Here's an interesting piece courtesy of Aeon.

Posted on Wednesday, June 14, 2017 at 08:09AM by Registered CommenterJames Drogan | CommentsPost a Comment

Things That Make You Go Hhhhhmmmmm

From John Mauldin's Thoughts from the Frontline of June 11, 2017.

This gives me pause this morning.

Posted on Wednesday, June 14, 2017 at 07:10AM by Registered CommenterJames Drogan | CommentsPost a Comment

If you care about being thought credible...

...and intelligent, do not use complex language where simpler language will do.

p 64 of Thinking, Fast and Slow by Daniel Khaneman

 

Posted on Saturday, June 10, 2017 at 06:57AM by Registered CommenterJames Drogan | CommentsPost a Comment

Things That Make You Go Hhhhhmmmmm

"'There’s always symmetry underlying various systems,'Adams said."

Roeder, O. (2017, June 6). Math Has No God Particle. Retrieved June 7, 2017, from https://fivethirtyeight.com/features/math-has-no-god-particle/

Posted on Wednesday, June 7, 2017 at 07:28AM by Registered CommenterJames Drogan | CommentsPost a Comment

The most important truth about hard work, and also reading, that you can find

An excerpt from Marginal Revolution:

“You would be surprised Hamming, how much you would know if you worked as hard as he did that many years.”

Be sure to read the comments at the bottom.

Posted on Friday, June 2, 2017 at 06:46AM by Registered CommenterJames Drogan | CommentsPost a Comment

On Being Smart

"What is the crucial quality important for succeeding in graduate school? I will provide a few examples that suggest that: i) The answer is not intelligence – a minimum of intelligence, such as what everyone reading this article has, is sufficient for succeeding in any graduate school, ii) it is ... hard work. I apologize for the disappointment."

Read the entire, short paper at http://kam.mff.cuni.cz/~matousek/mustafa-onbeingsmart.pdf.

Posted on Wednesday, May 31, 2017 at 11:13AM by Registered CommenterJames Drogan | CommentsPost a Comment

Three Main Takeaways from the SIC 2017

  1. Economic Power Shifts from West to East: India and China’s share of world GDP has increased six-fold since 1970. Meanwhile, the G7 nations share of global trade has declined from 50% to 30%. This shift in economic power presents one of the greatest investment opportunities in history… and also carries many risks.
  2. Demographics Are Destiny: Populations in the West are aging rapidly. In the US alone, 10,000 people turn 65 every day… and will do so for the next dozen years. An aging population means less economic activity, which has profound implications for your portfolio.
  3. The Coming Technological Revolution Will Change the World: Over one-third of US jobs are expected to be automated over the next decade. But automation and advances in technology aren’t just affecting manufacturing workers—they will impact your future investment success.

Source: Mauldin Economics

Posted on Monday, May 29, 2017 at 08:00AM by Registered CommenterJames Drogan | CommentsPost a Comment

Things That Make You Go Hhhhhmmmmm

“Look, here is what this cool program tells us your portfolio should look like. It’s all in the math, and that’s why you can trust it.”

Mauldin, J. (2017, May 27). The Great Reset, Part Two.

Posted on Monday, May 29, 2017 at 07:22AM by Registered CommenterJames Drogan | CommentsPost a Comment

Implications of the Emerging Data Economy

From The Emerging Data Economy:

All these data is enabling us to better understand the world’s physical, economic and social infrastructures, as well as to infuse information-based intelligence into every aspect of their operations.  It’s making it possible to not just better understand what’s happening in the present, but to also make more accurate predictions about what might happen in the future.  Beyond its use in improving the operational efficiency and financial performance of companies, the data can now be applied to significantly improve customer relationships, as well as to create whole new classes of smart products and services.

Who is "us?"  How evenly will the benefits of the emerging data economy be distributed amongst the socio-economic-political classes?

Posted on Wednesday, May 24, 2017 at 08:39AM by Registered CommenterJames Drogan | CommentsPost a Comment

"We have met the enemy and he is us." Pogo

"My own sense is that the answer to 'why has it taken so long' goes beyond technology. In the first decade of the 20th century, many firms in the physical economy were often focused on how to cut costs by outsourcing or setting up global production chains, The leading providers in industries like health care and education seem exceptionally set in their traditional ways, with practices are hard for either internal executives or external entrepreneurs to uproot."

Digital Forces and the Other 70% of the US Economy, CONVERSABLE ECONOMIST, Apr 28, 2017

Posted on Sunday, May 21, 2017 at 12:57PM by Registered CommenterJames Drogan | CommentsPost a Comment
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