- I frequently find that I like to be distanced from my email. Occasionally I will, either intentionally or unintentionally, close Thunderbird and then spend hours forgetting about its existence. It’s sure nice to not be constantly bothered by the interruption of new emails.
- One more thing about BusinessWeek [recent posts here and here]. I googled “who reads businessweek?” in hopes of quickly learning about their readership. I didn’t find what I was looking for, but I did find many instances of people complaining about BusinessWeek. In particular, people such as the folks at 37signals were miffed that BusinessWeek claimed on its cover that the founder of Digg had “made $60million in 18 months” before then admitting in the story that the number was almost completely made up. But I particularly liked the following two paragraphs, particularly the 2nd, as it seems to apply to some of the recent events in the markets [emphasis mine].
Wait a second. This $60,000,000-on-the-cover figure came from multiplying the fictitious “people in the know” number of $200,000,000 by an estimated 30% ownership? 30% of $200,000,000 is $60,000,000. Is that the math that made the number that made the cover? SLIPPERY. And then Rose and BusinessWeek acknowledge it’s “only paper wealth” and “this could be a jackpot” which means it’s not real anyway. So BusinessWeek is using fuzzy math to put a fuzzy number on the cover that isn’t real anyway? All together now: BULLSHIT!
Something my dad always tells me: “No one ever went broke taking a profit.” Last time around plenty of people went broke by not taking a profit. Paper wealth is not money. Try bringing your brokerage statement to McDonald’s and see if will buy you a burger.
- The other thing on my mind is the Clemson coaching search. Frankly I don’t care who is considered. I don’t want updates on the process. I just want to know the outcome.
It bothers me that so many Clemson fans are searching for the SUV of coaches, especially in the context of the following words which I just read this last weekend.
According to Bradsher [author of High and Mighty], internal [auto] industry market research concluded that S.U.V.s tend to be bought by people who are insecure, vain, self-centered, and self-absorbed, who are frequently nervous about their marriages, and who lack confidence in their driving skills.
10/27/2008
Lawtonfunk Says:
I wanted an SUV since I was 10. I originally wanted a Jeep Wrangler, but switched to a Grand Cherokee because I wanted a vehicle that I could put my band/Solo gig equipment in with out playing tetris. (Try to put 3 18″ speakers in a Civic Coupe.)
I’ve never been more pissed than when I realized the SUV was turning yuppie. I still wanted one for a purpose.
I love the SUV reference and its application to the fretful Clemson fan base.