November 18, 2012
Nassim Taleb's 5 Rules for Living in a Volatile World
1. Think of the economy as being more like a cat than a washing machine.
2. Favor businesses that benefit from their own mistakes, not those whose mistakes percolate into the system.
3. Small is beautiful, but it is also efficient.
4. Trial and error beats academic knowledge.
5. Decision makers must have skin in the game.
[via the Wall Street Journal, which this past Friday featured his essay elaborating on the subject.]
Reviewed in the September 8, 2012 Wall Street Journal as follows.
A teenager's backpack can be treacherous for headphones, filled with heavy textbooks to get crushed under, binder rings to get snagged on. The CordCruncher, which has a latex sleeve that protects the cord from tangling or splitting, is one of the most teen-proof earbuds you can buy. Using them takes practice: sliding off the snug-fitting sleeve requires effort, and unfurling the cord on a crowded train without throwing any elbows can be a challenge. But when the CordCruncher is retracted, you can plug one end into the other to create a snarl-resistent loop that fits neatly around your wrist.
Orange, Black, or Blue: $24.99.
BehindTheMedspeak: Is riding a bicycle dangerous?
Above, a graphic from cyclehelmets.org.
Who you calling a turkey?
[via The Green Head ]
The Awesomer's Links
"The Awesomer is made possible by the many blogs and websites we visit daily for topics and news. Here is a list of some of our favorites."
Fair warning: There goes the day.
joe's Favorite Thing: Measure Magnet
Sure, you could pay $6.99 and get one just like that in the picture up top (and on my fridge) but why would you do that when you can make your own for free?
Print out the graphic, tape or glue it to a magnet and Bob's your uncle.
Sure, your readymade won't be waterproof and rustproof and made of stainless steel but hey, you can't have everything.
Perfect is the enemy of good.
Think like an anesthesiologist.
"Why would I want a smaller-screened iPad?"
Above, an exchange I had on Twitter last night that pretty much boils it down.
If you don't have something with you by default, only one thing is certain: you won't have it when you really, really need it.
My mini arrived Friday afternoon and I've been putting it through its paces big-time.
No, it's not perfect: Of course I'd prefer a Retina Display.
And it could be an inch narrower to be more comfortable in my hand.
But guess what? When I'm out doing this or that — watching college football while doing yard work, standing in line at Kroger, waiting in the bank drive-through — I can ask "What's the weather in Pittsburgh?" and there it is onscreen.
Perfect is the enemy of way better than good.
All the other tablets — Nexus 7, Kindle Fire HD, etc. — are just junk in comparison.
Same goes for using iPad mini as an eReader: dwarfs and crushes Kindle Fire HD and Paperwhite.
Not even close.