Failing Relationships, Farewell Letters And Fishermen Doping; A BCA Reading List

McSweeney’s Internet Tendency: Nate Silver Offers Up a Statistical Analysis of Your Failing Relationship

OTL: Fauja Singh, the runner – ESPN

The party would begin just as soon as the race ended. And the race would end just after Fauja Singh crossed the line in 3,851st place. By finishing then — by finishing at all — Fauja would do what no man before him had ever done. Amid the bundled and cheering crowd in Toronto, underneath a distended but gracious sky, he would complete a marathon. And he would do so at 100 years. 

The End of the Web, Search, and Computer as We Know It | Wired Opinion | Wired.com

Groupon’s Ousted CEO Writes a Brutally Candid Goodbye Letter – Jordan Weissmann – The Atlantic

For those who are concerned about me, please don’t be — I love Groupon, and I’m terribly proud of what we’ve created. I’m OK with having failed at this part of the journey. If Groupon was Battletoads, it would be like I made it all the way to the Terra Tubes without dying on my first ever play through.

Clayton Christensen Wants to Transform Capitalism | Wired Business | Wired.com

Ice Fishermen Not Immune to Doping’s Reach – NYTimes.com

An official from the United States Anti-Doping Agency ordered them to provide urine samples for a surprise test to detect steroids and growth hormones — drugs not normally associated with the quiet solitude of ice fishing. “We do not test for beer, because then everybody would fail,” said Joel McDearmon, chairman of the United States Freshwater Fishing Federation. 

Independent Investment Research

Krugman, 2020, And Corporate Sex Scandals; A BCA Research Reading List

How Paul Krugman Broke A Wikipedia Page On Economics – Salon.com

There’s a lockdown on the Wikipedia page for Austrian economics and wouldn’t you know it, one or way or another, it all seems to be Paul Krugman’s fault.

Bain Consulting – Growth Trends To 2020

The Independent – World In 2020 (article)

Centre For European Reform – The World In 2020 (article)

By 2020, according to the Economist Intelligence Unit, the Chinese economy could overtake the US to become the largest in the world, at least when measured using purchasing power parity (PPP) exchange rates. India is expected to grow rapidly to become the third biggest economy. Alongside these Asian giants, a series of smaller powers – such as Iran and Russia – will increasingly be able to exploit their nuclear weapons and energy to increase their say in world affairs.

Frost & Sullivan (Research Report)

This research captures the global pertinent forces of the future that impacts business, society, cultures and personal lives. These mega trends are macroeconomic forces of development that will define our future world and its increasing pace of change. It is important to continuously track these Mega Trends to gain a strategic vision and to capitalize on emerging opportunities and to understand needs of the future customer. For the purpose of this study, these mega trends are categorized into urbanization, social, economy, technology, energy, e-mobility, infrastructure, business, health and wellness, smart factory and industry-specific trends.

For Money Manager, A Hard Fall From A Lofty Perch – Los Angeles Times

Two years ago, Peter J. Eichler Jr. was one of the most successful men in Southern California.

His money management firm ranked among the largest in Los Angeles, with high-wattage clients such as Goldman Sachs Group Inc. and JPMorgan Chase & Co. And he fashioned a lifestyle that was sumptuous even by the gilded standards of Wall Street.

Eichler paid himself $33 million one year. He owned five homes. He had a fleet of luxury cars, including a $320,000 chauffeur-driven Maybach. He shuttled to and from Europe in private jets….. A $28,000 bonus Aug. 23 was followed by $135,000 the next day. Eichler gave himself nine bonuses that month, including three in one day. The final payout came less than a week before the firm filed for bankruptcy.

The Strange History of Corporate Sex Scandals Bloomberg

Independent Investment Research

 

Valentine’s Day, Big Data And Excel; A BCA Reading List

Here’s How America Is Spending $20 Billion This Valentine’s Day – Derek Thompson – The Atlantic

Valentine’s Day is a time to spoil our beloveds, woo our secret lovers, and remember to call our mothers. It is also, to put things slightly less tenderly, a $20 billion macroeconomic stimulus aimed straight at the heart of the American chocolate-floral-lingerie industrial hydra.

Reshoring, Really? Paris Tech Review

The Changing Nature of ‘Having It All’ | Knowledge@Wharton Today

Beware the Big Errors of ‘Big Data’ | Wired Opinion | Wired.com Nassim Taleb

Modernity provides too many variables, but too little data per variable. So the spurious relationships grow much, much faster than real information. In other words: Big data may mean more information, but it also means more false information.

The social network you can’t opt out of

Getting the Right Dose of Exercise – NYTimes.com

The Importance of Excel | The Baseline Scenario

But while Excel the program is reasonably robust, the spreadsheets that people create with Excel are incredibly fragile. There is no way to trace where your data come from, there’s no audit trail (so you can overtype numbers and not know it), and there’s no easy way to test spreadsheets, for starters. The biggest problem is that anyone can create Excel spreadsheets—badly. Because it’s so easy to use, the creation of even important spreadsheets is not restricted to people who understand programming and do it in a methodical, well-documented way.

Independent Investment Research

Sweden, S&P And Sports Scandal; A BCA Reading List

Northern lights | The Economist

Thirty year ago Margaret Thatcher turned Britain into the world’s leading centre of “thinking the unthinkable”. Today that distinction has passed to Sweden. The streets of Stockholm are awash with the blood of sacred cows. The think-tanks are brimful of new ideas. The erstwhile champion of the “third way” is now pursuing a far more interesting brand of politics.

Timothy Geithner on Populism, Paul Ryan, and His Legacy | New Republic

Burning Down the House of S&P : The New Yorker

Analyst 1: btw that deal is ridiculous
Analyst 2: I know right…model def does not capture half of the…risk
Analyst 1: We should not be rating it.
Analyst 2: we rate every deal…it could be structured by cows and we would rate it.

Wikipedia Signpost Special report –   Examining the popularity of Wikipedia articles: catalysts, trends, and applications

How to Gain or Lose 30 Minutes of Life Every Day: Scientific American

Match-Fixing in Soccer – Grantland

So let’s say I told you that a major international law-enforcement agency had uncovered a mountain of evidence that indicates the most popular sport in the world was being manipulated by a criminal ring that was profiting to the tune of — conservatively — millions of dollars. On one level, that’s good news, isn’t it? I mean, it’s terrible that it happened, but now that the police know, things can change! We’ll see arrests! We’ll see books opened! The truth will come to light! At a minimum, FIFA will take strong and immediate steps to make sure this never happens again. Right?

 

Independent Investment Research

Risk, Robots And NCAA Revenue; A BCA Reading List

Jared Diamond’s Guide to Reducing Life’s Risks – NYTimes.com

The other morning, I escaped unscathed from a dangerous situation. No, an armed robber didn’t break into my house, nor did I find myself face to face with a mountain lion during my bird walk. What I survived was my daily shower.

Heirs of Mao’s Comrades Rise as New Capitalist Nobility – Bloomberg

How Amazon Trained Its Investors to Behave – Justin Fox – Harvard Business Review

Robot Makers Spread Global Gospel of Automation – NYTimes.com

To buttress its claim that automation is not a job killer but instead a way for the United States to compete against increasingly advanced foreign competitors, the industry group reported findings on Tuesday that it said it would publish in February. The federation said the industry would directly and indirectly create from 1.9 million to 3.5 million jobs globally by 2020.

How Smiles Control Us All

The NCAA vs. Student Athletes: The End of the ‘the Best Business Model in the World’?

The NCAA is producing an enormous amount of revenue. The players are producing that revenue. It’s ridiculous that we’re not paying them. It’s ridiculous what the NCAA does with respect to its players. They were selling [former Auburn quarterback and current NFL star] Cam Newton jerseys and Newton didn’t get any money. At Michigan [basketball], the Fab Five used to say, ‘We’re walking down the street with no money, and you’re selling our jerseys for profit.’

Independent Investment Research