- Better Trades - I came across a "Better Trades" infomercial Saturday morning, and wished it was illegal. They teach people how to make money in stock market. The informercial is full of satisfied client testimonials, "I made $110,000 my first month", "I made $22,000 my first week", and even "I made $11,000 my first hour." I hate everything about this. I am a puritan when it comes to capital markets. Better Trades probably just teaches people how to take advantage of market inefficiencies to make quick money. But as recent events have shown: THERE IS NO WAY TO ELIMINATE RISK. There is risk attached to that dollar bill in your wallet.
- Gladwell essay - I like the way Malcolm Gladwell weaves anecdotes into his theories, and I enjoyed reading this little essay today... a couple of thoughts on it: 1) I wanted to write a blog entry a couple of years ago comparing George Washington's surprise attack on Christmas of 1776, to a modern day terrorist act. I liked the idea, but writing it didn't sound like fun at all; but Gladwell kind of addresses that stuff here. And 2) When I read essays like this, I rarely check the authenticity of their examples. But in this one, Gladwell used an example that I knew to be an exaggeration -- when he made it seem like Rick Pitino used the full court press to win at Kentucky without great players; it wasn't the crux of his argument at all, he should have just left out that entire section, but it makes me wonder about the use of anecdotal evidence in essays like this (in general.)
- Retirement of David Souter - I'd like to read more about him, seems like a very interesting character
1 comment:
If you want to make an offer for Uggla, you better make it respectable. It has to at least be respectable.
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