I just picked up a new Twitter follower (number 354!) today. I took a look at his Twitter page and the person seems to be affiliated with a web site known as 100Kfollowers. 100Kfollowers promises its customers Twitter followers, Facebook likes, YouTube views, and Instagram followers. A couple of issues I had with the site and … Continue reading Truth in Advertising?
Is Nice the New Black?
My wife has always said (and I agreed) that the number one trait she wanted in our three boys was that they be kind. While such a trait may not be the first one you think of when you think of how to succeed in the business world, there have recently been several best-selling books … Continue reading Is Nice the New Black?
Why Complicate Things?
Earlier today on CNBC, LeBron James asked Warren Buffett for some investment advice, and Buffett's advice was quite simple: "... just make monthly investments in a low-cost index fund." Buffett has given such advice before, specifically telling his heirs to put the money from his estate into a very low-cost S&P 500 index fund, recommending … Continue reading Why Complicate Things?
So Do Something, and May His Song Be Sung
Harry Chapin, of Taxi" and "Cat's in the Cradle" fame, was one of the greatest singer-songwriters, social activists, humanitarians, and philanthropists to live. He was well known for "playing one night for me, one night for the other guy." After his life was tragically cut short in 1981 at the age of 38, he was … Continue reading So Do Something, and May His Song Be Sung
Three Questions That Can Change Your Life
Once again, I have the Wall Street Journal to thank for this post. Today there was a story about "life planning", an approach to financial planning developed by the The Kinder Institute that is based on the premise that advisors should first discover a client’s most essential goals in life before formulating a financial plan, so a … Continue reading Three Questions That Can Change Your Life
Who Knew I Was the Bitcoin Tipping Point
In yesterday's post I talked about my experience of setting up a Bitcoin account, and in exchange for doing so, receiving .004207 of Bitcoin, the equivalent of $1.00, from Coinbase. I suggested you may want to do the same, but my guess is many of you did not. And that may turn out to be … Continue reading Who Knew I Was the Bitcoin Tipping Point
I Am Now .004207 Bitcoin Richer!
I've been reading about Bitcoin for a couple of years now, and I must admit I still don't fully understand how it works. Terms like blockchain and mining confuse me, as does the mystery surrounding who created Bitcoin. (Here's a useful site describing Bitcoin.) But I thought perhaps the best way to find out what … Continue reading I Am Now .004207 Bitcoin Richer!
Life, and Humans, Find a Way
The Wall Street Journal had a fascinating story today about the potential impact of robots and automation on the workplace. Gartner, a technology research firm, has estimated that a third of all jobs will be lost to automation within a decade. Bill Gates has stated that automation threatens all manner of workers, from drivers to waiters … Continue reading Life, and Humans, Find a Way
You Get the Behavior You Reward
A basic tenet of management is that you get the behavior that you reward. The problem is that many times there are unintended consequences associated with the behavior that you get, and it ends up undermining the ultimate objective the reward was meant to encourage. For example, I tell my students that I could guarantee … Continue reading You Get the Behavior You Reward
Next Play, Next Play
After a turnover, a bad call, a missed shot, or a lapse in judgement, Coach Jay Wright is always telling his players, "next play, next play." The mantra is meant to help his players forget about what just happened, and to just focus on the present. You hear golf announcers saying that the best players … Continue reading Next Play, Next Play
Borden's Blather 