Monthly Archives: December 2004

The Greatest Wall Street Danger of All: You

re: Born Suckers [the broken link was removed] – The greatest Wall Street danger of all: you by Henry Blodget. Henry Blodget mentions two profoundly (though simple) important factors that lead to poor investment decisions: Prospect Theory and Outcome Bias. He lists 7 factors, I find two profound. Prospect Theory (more details) essentially states people are eager to “lock in gains” (sell positions with profits to realize gains) and hold losses (deffer selling positions in which they have losses so … Continue reading →

Posted in Investing | Tagged , | 1 Comment

Google Photo Management Software – Picasa

Topics: Freeware – Photos I am a big fan of Google, the search engine, and the company. Google bought Picasa, digital photo management software, a few months ago and decided to give the software away as freeware. I just got around to downloading Picasa. My initial reaction is that this is a wonderful product. I suggest you give it a try. It can automatically inventory all the images on your computer and it does a great job of organizing the … Continue reading →

Posted in Google, Travel photos

Adventure Capitalist and China Wakes

I recently read two books that offered perspectives I found worthwhile and were enjoyable to read. Adventure Capitalist by Jim Rogers tracked his trip around the world by car. Previously he had documented his around the world motorcycle journey in Investment Biker. His views offer a worthwhile perspective that is often missed, in my opinion. That said I wouldn’t accept his views as the final truth they are valuable as one perspective to shed light on areas that are often … Continue reading →

Posted in Books, Economics | Tagged , , , | 1 Comment

Big Cats in America

I found a recent Washington Post article interesting: Mountain Lions Move East, Breeding Fear on the Prairie. Many new realities are suprising. Some are historically important worldwide like the fall of the Berlin Wall. Others are not as significant but still something I would have thought extremely unlikely such as the return of Cougars to a wide range of the United States. I would have thought big cats would be found only in Zoos and in the remote West and … Continue reading →

Posted in Fun | 6 Comments

Management Improvement Articles

Topic: Management – Library Additions The articles added to our library this month are especially good, in my opinion. Recent additions to the Curious Cat Online Management Improvement Library include: * A Brief Guide to Interactive Planning and Idealized Design by Russell L. Ackoff * Improving Problem Solving by Ian Bradbury and Gipsie Ranney * How To Compare Six Sigma, Lean and the Theory of Constraints by Dave Nave * In the Beginning by A. Blanton Godfrey * A Holistic … Continue reading →

Posted in Management