How true this is...Could only be improved by mentioning the far right gun wielding Heinleiners at approx 2% of posters. The first post to make me LOL in a long time !
As others have said before the market is not necessary logical.
Punters see a stock split as a "Good Thing" even when it is not, and the total capitalised value of the firm may well increase. This increase has no basis....
There have been a number of academic studies on this and related topics. you will be able to find them under papers investigating the efficiency of markets.
Yes off-topic slightly, but does anyone remember an old sci-fi short story in which a scam artiste achieved some reduction in gravity in a small device but was completely unable to explain why ?
In this story the inventors then made the device into a toy rocket on string which they sold on a door to door basis to enghineers and NASA types.
The interesting part was that the breaking strain of the string was carefully gauged to only suuport the toy when the device was "on" and the benefit of the gravity reduction was felt.
By this, they managed to encourage free research and development of their inexplicable phenonomen (sp?) whilst holding certain key patents.
Damned if can remember either the title or who wrote it now....
Either Mills is the best scientist since Einstein, with the engineering abilities of Edison,
....or....
He is a bs artiste.
I know where my money is ! After all $25m is nowt for an Energy coy to put into venture capital. What bugs me is how easy it is to raise this sort of cash.
Damn fine bit of useless tech. The sheer dumbness was immortalised in Hitch Hikers when one of Arthur's arm comes adrift. This leaves him without the ability to tell the time.
My favourite was the theft alarm installed on the Lotus !
Vale Desmond....a part of my life for longer than I care to remember.
The gifted and talented program here in Aus. had the same PC pressures applied.
The program is now limited to one school per district, and called "Opportunity Classes", but uis still running. Any parents in Aus should ask about this at your local school. I should know, my eldest daughter has just been accepted....
We are now moving house and putting all the kids into this school so that they can also get a chance to benefit. A part of that decision was, funnily enough, the fact that my son was getting badly bullied at school ! He wouldn't tell us what all the bruises were, but we eventually found out and approached the school.
The net result ?....*Nothing* the bullies (up to 4 yrs older !) were spoken to ! Well thanks a bunch for that.
The most frustrating thing as a parent is the complete inability to take action to help. Once they are inside the school gates much of a parents access is restricted and procedures (ineffectual) must be followed.
"Just barely" is correct. Thinking like this is fuzzy and probably less than helpful. How is a starving NK peasant even going to understand what this box can do (or what it is...) without the fundamental education that the Western people absorb almost by osmosis.
A more likely scenario is that (a) The peasant will not understand what it is and either throw it away or try to sell it. (b) The peasant will somehow learn how to operate this device, and understand what the opportunities may be. Shortly before being summarily (sp ?) executed for crimes against the state. Anyone ever see any successful revolutions helped by telecommunications ?
Whilst I agree the net is a communications revolution, remember that all power fundamentally comes from the barrel of a gun (Mao). Even your rights to hold this discussion are protected and projected by the most pwerful forces ever seen on this planet.
IMO a slow evolutionary change for these countries is far more likely.
Funny you should say that. A very similar effect can be observed in financial circles, esp. those involved in financial markets !
On the plus side, I can positively vouch for the fact that as the "one-eyed person in the country of the blind." around here, a little smarts can take you a lot further than you might expect. It's the contrast...
It should be noted, however, that I am now under heavy competition from those who know a great deal about red wine and rugby union !
Slashdot Mirror
Where is Azabu ?
Probably true....
BTW, Pardon my ignorance, but whilst I grew up with Mr Heinlein, who is Mr Henry ?
I am guessing at a Founding Father ?
How true this is...Could only be improved by mentioning the far right gun wielding Heinleiners at approx 2% of posters. The first post to make me LOL in a long time !
WTF ? That is sure as hell not true for IBM Australia !
I used to work with a guy who would leave after 10-11pm every day. He was not atypical. That car park was at least half full 24/7.
Oh yes....He was simultaneously studying for his M.Finance.
I quit....took the parent comment advice.
Life is so damn fast.
The other was merely an unjustifed attack with no useful comment on the topic.
Of course Katz is quoting a statistic. The question is, what is he implying by doing so ?
Or doesn't anyone read Heinlein anymore ?
The arcade version was an instant classic !
The new 3D version looks a bit mediocre tho'
Doesn't seem to be working...
As others have said before the market is not necessary logical.
Punters see a stock split as a "Good Thing" even when it is not, and the total capitalised value of the firm may well increase. This increase has no basis....
There have been a number of academic studies on this and related topics. you will be able to find them under papers investigating the efficiency of markets.
Cheers
See my Occam's Razor post....
From another >30 reader..
Yes off-topic slightly, but does anyone remember an old sci-fi short story in which a scam artiste achieved some reduction in gravity in a small device but was completely unable to explain why ?
In this story the inventors then made the device into a toy rocket on string which they sold on a door to door basis to enghineers and NASA types.
The interesting part was that the breaking strain of the string was carefully gauged to only suuport the toy when the device was "on" and the benefit of the gravity reduction was felt.
By this, they managed to encourage free research and development of their inexplicable phenonomen (sp?) whilst holding certain key patents.
Damned if can remember either the title or who wrote it now....
Maybe so...
Either way the bs quotient is right up there !
Either Mills is the best scientist since Einstein, with the engineering abilities of Edison,
....or....
He is a bs artiste.
I know where my money is ! After all $25m is nowt for an Energy coy to put into venture capital. What bugs me is how easy it is to raise this sort of cash.
Damn fine bit of useless tech. The sheer dumbness was immortalised in Hitch Hikers when one of Arthur's arm comes adrift. This leaves him without the ability to tell the time.
My favourite was the theft alarm installed on the Lotus !
Vale Desmond....a part of my life for longer than I care to remember.
The gifted and talented program here in Aus. had the same PC pressures applied.
The program is now limited to one school per district, and called "Opportunity Classes", but uis still running. Any parents in Aus should ask about this at your local school. I should know, my eldest daughter has just been accepted....
We are now moving house and putting all the kids into this school so that they can also get a chance to benefit. A part of that decision was, funnily enough, the fact that my son was getting badly bullied at school ! He wouldn't tell us what all the bruises were, but we eventually found out and approached the school.
The net result ?....*Nothing* the bullies (up to 4 yrs older !) were spoken to ! Well thanks a bunch for that.
The most frustrating thing as a parent is the complete inability to take action to help. Once they are inside the school gates much of a parents access is restricted and procedures (ineffectual) must be followed.
Hence the new school...voting with our feet !
Having been playing UT Demo for the last week or so, (forgive me Id, I have blasphemed I know), I am just going to have to buy them both !
Id have always been the best at this historically. But having played the demo of UT, I guess that I'll just have to support both companies !
1) Yup
2) Yup, but it'll cost ya. Too many places/sites to list. Most charge.
As others have already said, encrpyt, encrypt and encrypt.
May I also suggest some personal firewall type software, such as the late Atguard. (Now another part of Symantec)
Cheers
You and me both !
Where's my ADSL ?
Hardly a revolt....surely ?
http://news2.thls.bbc.co.uk/hi/english/sci/tech/sp ecials/total_eclipse/newsid_415000/41527 3.stm
Is what you are referring to I think.
V. interesting stuff !
"Just barely" is correct. Thinking like this is fuzzy and probably less than helpful. How is a starving NK peasant even going to understand what this box can do (or what it is...) without the fundamental education that the Western people absorb almost by osmosis.
A more likely scenario is that (a) The peasant will not understand what it is and either throw it away or try to sell it. (b) The peasant will somehow learn how to operate this device, and understand what the opportunities may be. Shortly before being summarily (sp ?) executed for crimes against the state. Anyone ever see any successful revolutions helped by telecommunications ?
Whilst I agree the net is a communications revolution, remember that all power fundamentally comes from the barrel of a gun (Mao). Even your rights to hold this discussion are protected and projected by the most pwerful forces ever seen on this planet.
IMO a slow evolutionary change for these countries is far more likely.
Atguard ?
I would like to know this as well !
Atguard may have done the job, http://www.atguard.com , but has just been bought by Symantec.
Can anyone help with this ?
Cheers
Funny you should say that. A very similar effect can be observed in financial circles, esp. those involved in financial markets !
On the plus side, I can positively vouch for the fact that as the "one-eyed person in the country of the blind." around here, a little smarts can take you a lot further than you might expect. It's the contrast...
It should be noted, however, that I am now under heavy competition from those who know a great deal about red wine and rugby union !