Showing posts with label Quotes. Show all posts
Showing posts with label Quotes. Show all posts

Monday, December 5, 2011

Getting beyond the OK Plataues with 'deliberate practice'

When you want to get good at something, how you spend your time practicing is far more important than the amount of time you spend. In fact, in every domain of expertise that’s been rigorously examined, from chess to violin to basketball, studies have found that the number of years one has been doing something correlates only weakly with level of performance....

Benjamin Franklin was apparently an early practitioner of this technique. In his autobiography, he describes how he used to read essays by the great thinkers and try to reconstruct the author’s arguments according to Franklin’s own logic....

The secret to improving at a skill is to retain some degree of conscious control over it while practicing—to force oneself to stay out of autopilot....
Unlike mammographers, surgeons tend to get better with time. What makes surgeons different from mammographers, according to Ericsson, is that the outcome of most surgeries is usually immediately apparent—the patient either gets better or doesn’t—which means that surgeons are constantly receiving feedback on their performance. They’re always learning what works and what doesn’t, always getting better. This finding leads to a practical application of expertise theory: Ericsson suggests that mammographers regularly be asked to evaluate old cases for which the outcome is already known. That way they can get immediate feedback on their performance.

-Foer, Joshua (2011-03-03). Moonwalking with Einstein: The Art and Science of Remembering Everything . The Penguin Press. Kindle Edition.

Arnold Kling has an interesting discussion on the topic over at their blog.

Foer, citing Anders Ericcson and confirming with his own experience, says that what is happening at a plateau is that you are doing too much on auto-pilot. Instead, you have to jar yourself into engaging in the activity more consciously....

I wonder if there is an analogy with firms or even larger economic units. That is, a firm is bound to operate on "autopilot" to a large extent, but if it does so it will reach a plateau. And maybe firms or larger economic units sometimes have to cut back on autopilot and do worse for a while in order to escape a plateau.

Advice of the Day- We're on Borrowed Time

 Charles Wheelan commencement talk;

What it means for you, and what I’ve found to be one the great challenges of adulthood, is balancing present and future. If you want to do great things in a decade or two, you need to grind away now. You need to do things that you would prefer not to do, to spend time on things that you don’t particularly enjoy. Frankly, that’s an important part of your 20s. Sorry to be the bearer of that message. But you can’t lose sight of the fact that there are no guarantees in life. If you grind away miserably to become the CEO, no one can promise you that it will work out that way, or that the sacrifice will be worth it even if it does. On the other hand, if you spend most of your time skateboarding with friends and playing video games, I can pretty much assure you that your professional accomplishments will be limited.


You have to navigate that trade-off. On this point, I do have advice, which is to take joy in the journey, rather than building your life around how good you expect the view to be when you get to the top. Again, by the way, the happiness research is clear. Most people overstate how much they will enjoy that next promotion and the stuff it can buy—because we get used to them so quickly. By next Monday, it’s another job and a bigger TV that you still can’t find the remote control for.

Sunday, November 20, 2011

Book Quote of the Day


It is no tragedy to think of the most successful people in any field as superheroes. But it is a tragedy when a belief in the judgment of experts or the marketplace rather than a belief in ourselves causes us to give up, as John Kennedy Toole did when he committed suicide after publishers repeatedly rejected his manuscript for the posthumously best-selling Confederacy of Dunces...
What I’ve learned, above all, is to keep marching forward because the best news is that since chance does play a role, one important factor in success is under our control: the number of at bats, the number of chances taken, the number of opportunities seized. For even a coin weighted toward failure will sometimes land on success. Or as the IBM pioneer Thomas Watson said, “If you want to succeed, double your failure rate.”
-Mlodinow, Leonard (2008-05-13). The Drunkard's Walk: How Randomness Rules Our Lives (p. 217). Vintage. Kindle Edition.

Friday, September 23, 2011

Marketers target Men

Marketers are also devoting much more effort to marketing to men—or, as Mr Lindstrom puts it, getting men to shop like women. In 1995 only 53% of American men admitted to shopping for themselves. That figure has risen to 75%. Many are buying traditionally “female” products; marketers created a $27 billion “male grooming” industry from nothing. They bombard men with images that were once reserved for women: think of Abercrombie & Fitch’s buff, topless hunks. (Not all hunks are appealing, however. The firm offered to pay a star of “Jersey Shore”, a crass reality show, not to wear its clothes.)
- Source: The Economist

Saturday, September 3, 2011

FT has lunch with Bill Bratton


In the case of the British police, he thinks reform needs to incorporate several strands. First, he believes that police forces need plenty of bodies: in LA, for example, he campaigned successfully to hire another 1,000 police, in the face of severe political opposition. Second, he is strongly committed to the so-called Compstat technique of policing, which he helped develop. This involves using intensive data collection and intelligence to track detailed movements of groups in small neighbourhoods, and then follow up repeatedly, with so-called “predictive policing”.

But, contrary to his “supercop” tag, he also believes in community involvement: the police need to be constantly visible and accessible, and create community pride through small steps. This last policy is often referred as the “broken windows” policy, referring to the idea, put forward in the early 1980s by social scientists James Q Wilson and George L Kelling, that you must address minor offences on the street in order to build morale and uphold a sense of order. Or as he says, the police must “address the little things as well as the big things”; cutting the murder rate will not have impact if residents still see graffiti and prostitutes.

“American and British policing to this day tends to be very exclusive and exclusionary, but my style of policing has always been very inclusive – I bring a lot of people together from different backgrounds, who might not always want to work together. Being a successful police chief today is like being in a circus: a centre-ring with lions, tigers and bears – you have these animals which would normally kill each other, but through your control and influence they perform. A successful police chief has to work with the good, bad and ugly.” he explains. ...

Instead, he talks about poverty and social responsibility. “Policing and society in both your country and mine in the 1960s and 1970s excused a way of behaviour and created entitlement programmes around the idea that crime was caused by racism, poverty, demographics and so on.

“But as a policeman I always had a different perspective. Crime can be influenced by poverty but it’s always caused by human behaviour ... Police are charged with controlling that behaviour. It is crucial to maintain social order,” he argues. Similarly, he does not want to blame the gang culture just on economics; what is also going on is the “distintegration of the family ... Humans are social animals, they want to belong to something.”


Bill Bratton says he can lead police out of 'crisis' despite budget cuts
Bratton said US police chiefs had shown their British counterparts the way, securing large falls in crime despite facing falling budgets. In LA, where he stepped down as police chief in 2009, despite high unemployment and a 15% budget cut, crime is down by 10%.

Bratton said: "You can run around saying, 'The sky is falling in, the sky is falling in,' or you actually do something about it. You have to play the hand you're dealt. I've always dealt initially with budget cuts.

"Out of crisis come opportunities. If you want to speed up the process of change, nothing does it better than a good old crisis."

Friday, August 26, 2011

The Age of Erotic Capital? Legal Protection for the Ugly?

over a lifetime and assuming today’s mean wages, a handsome worker in America might on average make $230,000 more than a very plain one.

The Economist reviews three books on beauty;
Beauty Pays: Why Attractive People are More Successful. By Daniel Hamermesh
The Beauty Bias: The Injustice of Appearance in Life and Law. By Deborah Rhode
Honey Money: The Power of Erotic Capital. By Catherine Hakim

We of course recommend Hamermesh!
Chapter 8. Legal Protection for the Ugly
Fairness and Public Policy
What Kinds of Protection Are Possible?
How Have Existing Policies Been Used?
Is It Possible to Protect the Ugly?
What Justifies Protecting the Ugly?
What Justifies Not Protecting the Ugly?
What Is an Appropriate Policy?
Protecting the Ugly in the Near Future

Monday, September 6, 2010

Bertrand Russell's Three Passions

Quote of the Day;
Three passions, simple but overwhelmingly strong, have governed my life: the longing for love, the search for knowledge, and unbearable pity for the suffering of mankind. These passions, like great winds, have blown me hither and thither, in a wayward course, over a deep ocean of anguish, reaching to the very verge of despair....

With equal passion I have sought knowledge. I have wished to understand the hearts of men. I have wished to know why the stars shine. And I have tried to apprehend the Pythagorean power by which number holds sway above the flux. A little of this, but not much, I have achieved.

via Information Processing

John Grisham, the failed tax lawyer and construction worker

Effective Habits from John Grisham-

Halfway through college, and still drifting, I decided to become a high-powered tax lawyer. The plan was sailing along until I took my first course in tax law. I was stunned by its complexity and lunacy, and I barely passed the course...

When my law office started to struggle for lack of well-paying work — indigent cases are far from lucrative — I decided to go into yet another low-paying career: in 1983, I was elected to a House seat in the Mississippi State Legislature. The salary was $8,000, which was more than I made during my first year as a lawyer. Each year from January through March I was at the State Capitol in Jackson, wasting serious time, but also listening to great storytellers. I took a lot of notes, not knowing why but feeling that, someday, those tales would come in handy...

Writing was not a childhood dream of mine. I do not recall longing to write as a student. I wasn’t sure how to start. Over the following weeks I refined my plot outline and fleshed out my characters. One night I wrote “Chapter One” at the top of the first page of a legal pad; the novel, “A Time to Kill,” was finished three years later.

The book didn’t sell, and I stuck with my day job, defending criminals, preparing wills and deeds and contracts. Still, something about writing made me spend large hours of my free time at my desk.

I had never worked so hard in my life, nor imagined that writing could be such an effort. It was more difficult than laying asphalt, and at times more frustrating than selling underwear. But it paid off. Eventually, I was able to leave the law and quit politics. Writing’s still the most difficult job I’ve ever had — but it’s worth it.

Thursday, July 22, 2010

Effective Habits of a Clinical Psychologist



"Look for grey areas even when they don't exist, work as hard as you can but remember that luck has a large part to do with your success."

Tuesday, March 9, 2010

Random Artists


Source: NYT


Andresen, Charles;
I stumbled upon my method of “throw painting” in 1987 while still a student of figurative art. Plopping various amounts of black and white acrylic into a spoon and hurling the contents would yield unpredictable patterns on the canvas. It was like assembling a puzzle, of which the image could not have been foreseen beforehand.

And discovering imagery was my primary interest. Although this method of paint application had previously been identified with formalist abstraction, I utilized it for its image making potential. I was excited by the hallucinatory early James Ensor, early and late Jackson Pollock and the recent work of Malcolm Morley. In these artists scenes emerged from the materiality of the paint, in a fluctuating dance between surface and depth. If I were to simply state my goal, I’d echo Morley’s remark that he wanted to depict reality as if “ the world were made of paint”.


Boynton, Christopher
Downs, Kevin
Eskenazi, Jason
Franke, Kevin
Hoffmeister, Peter
Laughner, Jack
Lemakis, Emilie
Padwe, Phil
Steely, Barry
Varley, Mike
Weber, Owen

Yoda, Yoichiro

Sunday, March 7, 2010

Schelling Quote- The Very Basics of Game Theory

"If I go downstairs to investigate a noise at night, with a gun in my hand, and find myself face to face with a burglar who has a gun in his hand, there is a danger of an outcome that neither of us desires. Even if he prefers to just leave quietly, and I wish him to, there is danger that he may think I want to shoot, and shoot first."


via David Henderson

The Lesson: 'in thinking through various actions you might take to have an effect on B, ask yourself how you would respond to such actions if you were B. In other words, put yourself in the other person's shoes, not to get a touchy, feely, we're-all-in-this together Kumbaya moment, but to come up with your most-realistic analysis'

Friday, March 5, 2010

The Revenge of the Artist



Ion Barladeanu;

"I feel as if I have been born again," he said, as some of France's leading collectors and curators jostled for position to see his collages. "Now I feel like a prince. A pauper can become a prince. But he can go back to being a pauper too."...

Barledeanu describes himself as a "director" of his own films and considers each collage to be a movie in itself. While many are light-hearted, others are darker, infused with black humour and often focusing on the man he calls his "greatest fear". "I knew that if he knew about my work Ceausescu would not sleep in peace in his grave," he said. "If people had found out about my work they could have chopped my head off … But this is my revenge."...

Whatever the world thinks, Barladeanu says he will carry on working regardless. "It's like eating pie or sandwiches. It fulfils me," he said in his fast-paced Romanian slang. "If I were reincarnated in another life I would still be making collages, and if I could take them to the moon I would."


Thursday, February 25, 2010

Blind Artist of the Day- John Bramblitt



John Bramblitt didn’t start painting until he lost his sight. It was a difficult time. Bramblitt was in his late 20’s and unaware that his sight was seriously degrading until he was sideswiped by an unseen car. He was also worried about having the severe epileptic seizures that had already taken their toll on his vision. And he was angry. In fact, he believes that taking up painting after losing his sight was mostly an act of defiance....

According to Bramblitt, “White feels thicker on my fingers, almost like toothpaste, and black feels slicker and thinner. To mix a gray, I’ll try to get the paint to have a feel of medium viscosity”.

-Painting By Touch

Tuesday, February 23, 2010

How Artists Think- 'they are epiphany machines'

Picaso's method;

"I have never made trials or experiments. Whenever I had something to say, I have said it in the manner in which I needed to be said...I can hardly understand the importance given to the word research in connection with modern painting. In my opinion to search means nothing in painting. To find is the thing."

Saturday, February 13, 2010

Sunday, November 22, 2009

Think about for the Day

In the United States today, democracy means that most people have essentially zero political power, and a relative handful of people have almost unimaginable power. The central point of Unchecked and Unbalanced is to call attention to the extreme political inequality that has emerged in the United States, particularly over the past fifty years.

-Arnold Kling

Friday, May 1, 2009

Bees Fact of the Day

In effect the honeybee has a daily diary that can include as many as nine appointments — say, 10:00 a.m., lilac; 11:30 a.m., peonies; and so on. The bees’ time-keeping is accurate to about 20 minutes....

Honeybees can tell their sisters how far away the food is up to a distance of about 15 kilometers. For good measure, they can also allow for the fact that the sun moves relative to the hive by about 15 degrees an hour and correct for this when they pass on the information. In other words, they have their own built-in global positioning system and a language that enables them to refer to objects and events that are distant in space or time.

-Let’s Hear It for the Bees

Sunday, April 12, 2009

The great career experiment

In choosing careers, young people look for signals from society, and Wall Street will no longer pull the talent that it did for so many years,” said Richard Freeman, director of the labor studies program at the National Bureau of Economic Research. “We have a great experiment before us.”

-With Finance Disgraced, Which Career Will Be King?

Friday, March 27, 2009

Nassim Taleb on the History of Medicine

What's Taleb upto now;

History of medicine, anti-academic, anti-knowledge. Medicine: whenever we use knowledge as a driver instead of tinkering, we get in trouble. Examples: Our understanding of biological processes led to a decrease in cures. When just tinkering we did better than with directed research. Directed research gives us a strong bias and blinds us to things we don't know are there. In medicine, most medicines are used to cure something completely different from what the intention was. Side-effects dominate. Try to collect positive black swans. Hubris problem, overestimating our knowledge. Difficult to think rationally about uncertainty and risk. Trust the science part, ask the doctor, but the doctor has no idea about the probabilities. Each person, disease is different. Minimize the harm coming from theories. Empirical doctors were successful until eliminated after the rise of Arabic medicine. Western medicine was rationalistic after the Arabic tradition. Improvements after that came from the barbers, not from the doctors. Thinking has not helped us a lot. Evidence in option trading. People think that quants make option formulas, therefore the market uses them. Bogus. Supply and demand. Did a lot better before the Black and Scholes formula...

Religion and probability. Most people think that religion is about belief, but it is about practice. Greek Orthodox but Arabic-speaking. The way Arabs say is not "I don't know" is "God knows." Allows you to say you don't know, transfers from yourself to another entity. Allows you to be humble. History of medicine: accounts of giving a fortune to the Temple of Apollo: You saved me when my doctors failed me. Doctors gave negative contributions, particularly by bleeding; or more recently, delivered a baby after going to the morgue. Brought in religion. Error we have in believing religion is about belief, but it's about commitment, the system, living with something. We're not yet good with ideas. Can see from this crisis. Great Moderation turned out to be not so great. What does probability have to do with religion? Idea of true/false; degree of belief. May do something against the odds because the consequences or large or even without analyzing it. Probability is not opaque; and even if it were, we wouldn't use it because of the consequences. Pascal's wager: Since God might exist, I might as well be a religious person. Payoffs from being religious are much higher than negative payoffs if God doesn't exist. Had to also assume that God doesn't exist and also not know about gaming the system. Maybe actions are more important than beliefs--in some religious systems the actions count. Greek Orthodox, Easter; Judaism, Maimonides, not every Jewish sage lists belief in God as one of the commandments because there is a debate about whether you can mandate belief. In Arabic, the name for religion, din, is the same as the word for law in Hebrew. To be a law-abiding citizen, keep the rules. Hard to keep the rules if you do not keep the faith. Motivating people without faith. Losing patience about people who are skeptics about religion, and at the same time are not skeptical about economics or VAR. Solving our own problems. Hayek, lot of instinct, contributions part of philosophical thinking.