Category: What The Martian Saw

Seeking Critics


Everyone likes praise and nearly no one likes criticism. If you have a business, pay attention to this allocation because the weighting of “like” is exactly backwards. Learn to love the criticism. For a business, there is a reason to acquire this love. A… Continue Reading “Seeking Critics”

Nobel Prize In Economics 2013


On Monday, 14 October, the Nobel Committee announced that Americans Eugene Fama, Lars Peter Hansen and Robert Shiller won the 2013 Nobel in economics “for their empirical analysis of asset prices.” Their work has been beautifully created and paradigm changing.  In the late ’60’s… Continue Reading “Nobel Prize In Economics 2013”

Decision Making Under Conflicted Rules


What happens when you combine unreasonable expectations, inadequate regulation either internally or externally, conflicted objectives, mistakes and bad luck? Nothing good you can be sure. Consider the train disaster in Lac Magentic Quebec last July. It is perfect example of the intersection of all… Continue Reading “Decision Making Under Conflicted Rules”

Do You Believe In Global Warming?


For a while I have been talking about belief derived reality. That is the reality we hold as an amalgam of what we notice and what we believe to be true. We all fit here to some degree. Political, social, family, religious and cultural… Continue Reading “Do You Believe In Global Warming?”

Are Businesses Like Children?


Many people  have trouble being objective about their business.  In some ways it parallels how they treat their children.  I created each and I want the best for each and I am willing to put up with blemishes and I respect the effort put… Continue Reading “Are Businesses Like Children?”

Data Security


NSA (The National Security Agency) has been in the news lately.  I am ambivalent about the whole thing.  Certainly knowing what is happening in real time is a great advantage for security and for law enforcement.  But, is it worth its price?  The almost… Continue Reading “Data Security”

RIP Ronald Coase


Nobel prize winner in economics, “accidental economist” and law school professor, Ronald Coase died 2 September 2013 at 102.  His insights into our everyday lives will live longer.   Coase, (pronounced like nose) is known for two significant papers.  They were the basis for… Continue Reading “RIP Ronald Coase”

Governments Are Different


Suppose I told you that governments have an impossible task and they are doing their best. In some ways that is probably true. The problem is that their ideas of what is best conceivably, are different than yours are. The reason theirs turn out… Continue Reading “Governments Are Different”

Everyone Has A Will


Approximately 50% of Americans have no signed will. If you include those who have not updated in the past 10 years it is substantially higher than that. According to a 2012 survey, 56% of Canadians do not have a signed will. They are “intestate”… Continue Reading “Everyone Has A Will”

Gold Again


I follow Nouriel Roubini on Twitter @nouriel because he has interesting views on many market subjects. Yesterday he retweeted a story that ran in Bloomberg News – Losing Faith in Gold From Ghana to Vancouver Proves Rout. If you are thinking about gold as… Continue Reading “Gold Again”

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