Buying Risky Assets | The Big Picture
24 March 2009
| [Buying Risky Assets | The Big Picture](http://www.ritholtz.com/blog/2009/03/buying-risky-assets/). – cogent picture explaining the program. |
A smattering of opinions on technology, books, business, and culture. Now in its 4th technology iteration.
24 March 2009
| [Buying Risky Assets | The Big Picture](http://www.ritholtz.com/blog/2009/03/buying-risky-assets/). – cogent picture explaining the program. |
23 March 2009
| [Ben was so right | The Big Picture](http://www.ritholtz.com/blog/2009/03/ben-was-so-right/). The backlash against AIG bonus backlash is in full swing. I for one am glad though that the bonus issue has exploded. While the dollars involved are not material to our country, the message and discussion about values is perhaps the most important issue to our country. |
* “The Prophet”:amazon by Kahlil Gibran. Been on the shelf for years, finally read it. Simple poetical musing on the big issues of life. Quick read, worth a moment – the section on parenting touched me most. * “Daemon”:amazon by Daniel Suarez. Fun cyber terror romp. Many parts scarily possible. “Fun” understates the book, it was great fun. * “Master of the Delta”:amazon by Thomas H. Cook. Small town secrets and class differences get out of control. Also an exploration of the nuances of evil. Quite good though the author explicitly foreshadows too often – it is obvious early on that some story threads are going to collide, the author doesn’t need to keep hinting. But I am nitpicking, a good story. * “The Good Thief”:amazon by Hannah Tinti. I gave this book a long time. But ultimately I gave up, there was no reward. Seems like a retelling of Oliver Twist and I never liked the original. And if you want to read Dickens, go read Dickents. Maybe it is just the fact that Dickens was forced on me in high school that I am reacting to.
19 March 2009
| [Bernanke Pushes the Button | The Big Picture](http://www.ritholtz.com/blog/2009/03/bernanke-pushes-the-button/). |
Hard to feel good about nearterm prospects for anything. Betting on volatility seems to be the smartest thing. Holding any asset seems risky.
17 March 2009
16 March 2009
Need to check out
16 March 2009
| “The latest admission from the (defunct yet living) company is that well over $100 billion in taxpayer monies has gone to counter-parties at 100 cents on the dollar — no haircut, no penalty, no cost to those who made bad bets or chose their counter parties poorly. They were completely whole by Uncle Sam and the American taxpayer.” via [AIG: $105 Billion to Counterparties | The Big Picture](http://www.ritholtz.com/blog/2009/03/aig-105-billion-to-counterparties/). |
This is exactly what is so frustrating – these parties bear no cost of their misdeeds, we bear it all. Bailouts are dumb dumb dumb. We need to let these organizations go through bankruptcy so that all can share in the pain.
15 March 2009
* Poken: Tiny RFID thingies that share all your personal data with others. Nice idea but looks like something an 8-year-old would carry. * Jean Marc Gady vases. * Timberkits. Look like fun * Cleo wall mirror with photos. I could actually see buying this.
15 March 2009
“It’s time to let the sun shine in on this mess.” via Scott Loftesness: The AIG Firestorm Spreads.
Hear hear.
15 March 2009
| [Racing the Beam: How Atari 2600’s Crazy Hardware Changed Game Design | Game | Life from Wired.com](http://blog.wired.com/games/2009/03/racing-the-beam.html). I remember also the goofy Apple ][ graphics. Yet both systems had tons of great games – these tight and arbitrary resource limits pushed programmers to become really inventive. A good lesson in many walks of life. |
14 March 2009
Open Terminal and type “drutil tray eject” to eject the disc/tray, and “drutil tray close” to close the tray.
12 March 2009
I like the all-you-can-eat economics of my Zune player, it has allowed me to try a lot of music that I would not otherwise have heard. A problem for me tho is – I do most my music consumption in the car while driving. I have the Zune car pack and it is fine for what it is – an FM transmitter. But I hate the experience – dynamic range compression (and this seems to be a particularly bad unit for that), difficulty in finding an unallocated slot in an urban area, interference, etc.
I wish my car had an AUX in jack but alas that slot is already consumed by an iPod interface which works great but of course is unusable by the Zune. Some guys claim they are building an adapter but nothing exists. And I don’t have the time to hack one up myself.
So the other alternative is to somehow get Zune songs into MP3 format so that they can be on my iPod or burned on data CDs and thence playable in the car. I don’t really care about stripping off DRM, I want to be legal, but I want to listen to the songs easily in the car with greater fidelity than the FM path allows.
I’ve been trying TuneBite which as I understand it, pretends to be a sound card, captures a playback, and encodes into MP3 using LAME. It also grabs all the tags from the source song and whacks them onto the MP3. It works but is funky. Very sensitive to task load on the PC, any other task will interfere with the encoding. And it just misses some songs from my collection for some reason.
I’d prefer a less Rube-Goldbergian software solution, but for now this is kind of working.
11 March 2009
“It did good work on the collapse of Bear Stearns a year ago, but for the most part it has done a mediocre job of explaining all that has gone wrong with our economic system.” – I’d have to agree, the Journal is not getting it done for me increasingly. Instead they are wasting pages on crappy sports coverage, movie/book reviews, etc. I can get all that content elsewhere.
via Scott Rosenberg’s Wordyard » Blog Archive » Why is the Journal flubbing its biggest story ever?.
11 March 2009
Continuing my educational adventure this spring:
ME 568 Active and Sensing Materials: Fundamental knowledge of the nano-structure property relations of active and sensing materials, and their devices. Examples of the active and sensing materials are: shape memory alloys (SMAs), ferromagnetic SMAs, ferroelectric, pyroelectric and piezoelectric materials, thermoelectrics, electroactive and conducting polymers, photoactive polymers, photovoltaics, and electrochromic materials.
ME 518 Seminars on Advances in Manufacturing & Management: Current topics and advances made in manufacturing and management. Topics presented by invited speakers from academia and industry. Emphasis on the multidisciplinary nature of manufacturing and management.
via Course Descriptions.
Matter is strange – “These isotopes consist of a compact nuclear core and a cloud made of diluted nuclear material - called ‘heiligenschein’ or ‘halo’”
via For the First Time, Scientists Measure the Size of a One-Neutron Halo with Lasers.