Thursday, March 31, 2011

Layer 8: IT "geek squad" wins $319 million Mega Millions lottery

Layer 8: IT "geek squad" wins $319 million Mega Millions lottery

Selective reporting? How about talking about the million people who did not play and saved their money and are thus able to buy a beer. Here is a test story.

Joe did not buy into the ABC company lottery pool. They did not win meaning Joe is two dollars less poor than he would otherwise be. Joe is happy with his 40 ouncer bought with the money saved. Joe understands under 50 cents per dollar paid for tickets gets back to buyer in NPV.

Managers Reap Big 2010 Pay Even at Lagging Hedge Funds - NYTimes.com

Managers Reap Big 2010 Pay Even at Lagging Hedge Funds - NYTimes.com: "In fact, the hedge fund industry as a whole did not do better than the stock market last year. The HedgeFund Intelligence Global Composite Index, which tracks nearly 4,000 hedge funds around the world, had a median gain of 8 percent in 2010, trailing the 11.7 percent rise in the MSCI World Index of stocks and the 12.7 percent rise in the Standard & Poor’s 500-stock index."

For hedge funds on average not to nearly match the index would be somewhat surprising. I question even Paulson's prescience. How many major calls have together comprised the majority of his track record? Is he just the luckiest one of the bunch with the sales skills to bet with other people's money?

Uh, but he doesn't and clarifies that he doesn't

'Dilbert' Creator Scott Adams Compares Women Asking for Equal Pay to Children Demanding Candy [UPDATED] - ComicsAlliance | Comic book culture, news, humor, commentary, and reviews

I hope she get's a pay cut for using an inaccurate title.

Cool and scary

Former truck driver deciphers top secrets of first atomic bombs - CNN

Amazing and another example that people should not judge intelligence by one' eduction or occupation. There are a lot of smart, talented people who just haven't been in the right place at the right time to benefit financially. Likewise, many mediocrities with the right upbringing and connections do very well but are entirely unimpressive.

Windows Phone as No. 2 by 2015? Really? - Computerworld

Windows Phone as No. 2 by 2015? Really? - Computerworld: "They noted that Microsoft performed poorly with Windows Mobile as a smartphone OS and hasn't performed well with early Windows Phone 7 devices by failing to include copy-and-paste functions at launch time."

So a single, very-addable feature is the primary source of criticism of the entire OS?

The iPhone did not have this until version 3 and it was pretty well liked.

I like Aldi

Where Wal-Mart Failed, Aldi Succeeds - NYTimes.com

How did the author not mention that one has to buy bags, use empty boxes, or BYO case for their groceries? I am guessing that the snobby author walked through the store but did not buy anything. Maybe he just performed an interview of an executive.

Duh!

Syria in crisis / Should the people believe Assad's pledges for reform? - Haaretz Daily Newspaper | Israel News

Of course, don't you see the Israeli and U.S. forces shooting you?