Newsletter – March

I’m thinking about switching from this medium over to Notion for all things. I like the design better: https://www.notion.so/marawaca/March-65b0576d14784a7b83ed5bf042680b39. It’s also easier for me to make🤷‍♂️ Feedback is as always appreciated. 

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Milton Friedman was the man who found out that companies should maximise shareholder value. If the companies made their investors good money, more money would flow to the market, businesses would have access to more capital, and you’d get a more competitive and efficient market. Good stuff, right? Maybe not. If you look at the reality of the situation you’ll find that the companies that followed this the most ain’t doing so good these days. GE and Jack Welsh was the ones who followed it ruthlessly. Today they are a shell of what they used to be. It did go really well for them when Milton published his findings, late 1970s. However it was implemented in bull markets. Everyone was winning. So I submit that the bull market might have covered up a bad strategy. A rising tide lifts all boats.
And now we aren’t even touching on how short term investor gains mangels long term innovation and what its actually like to work at such a company.

Everything comfortable is about removing feeling. A pillow is used to remove an uncomfortable position. A blanket is used to remove the feeling of cold.

A recounting of the love story between Anna and Fyodor. I like the part where she talks about how he treated her as if they were meant for each other. A little love goes a long way.

Throughout my life it has always seemed a kind of mystery to me that my good husband not only loved and respected me as many husbands love and respect their wives, but almost worshipped me, as though I were some special being created just for him. And this was true not only at the beginning of our marriage but through all the remaining years of it, up to his very death. Whereas in reality I was not distinguished for my good looks, nor did I possess talent nor any special intellectual cultivation, and I had no more than a secondary education. And yet, despite all that, I earned the profound respect, almost the adoration of a man so creative and brilliant.

Anna Dostoyevskaya on the Secret to a Happy Marriage – Brain Pickings – Pocket

Both conversations are good. The second one is real interesting. One investor close to zuck talks about him and how FB is dangerous. Good interview. Can Facebook Save Itself From Ruin? – Inside the Hive with Nick Bilton

Haha, turns out Sam had him over as well a few weeks later! #152 – The Trouble with Facebook – Making Sense with Sam Harris

NSB changed name and my friend Marius has some thoughts on it.

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In a later comment he adds:

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How Norwegian politics work…
Pølsefesten avslørte problematiske vennemiljøer. Hva vil redaktørene gjøre med det?

Dax talks to John Gottman. They talk about how to communicate in relationship. John is a scientist known for having found with a 90% certainty if a couple will seperate or stay together. 1-5 negative to positive things the relationship is optimal ratio. Highly insightful. Pair with Alains talk to On Being – https://onbeing.org/programs/alain-de-botton-the-true-hard-work-of-love-and-relationships-aug2018/

EXPERTS ON EXPERT: John Gottman – Armchair Expert with Dax Shepard

Interesting when they talk about English and how it might develop in the future, considering there will be 1b Chinese people learning English. Paul Romer on the Unrivaled Joy of Scholarship – Conversations with Tyler

The reason we hate professional outrage is because they prey on the good intention of people who care about them and they can’t see it.

You don’t have to cover your webcam
On Covering Webcams

Joe talks to Twitter people about free speech and how modern media is setting determining what’s free speech and not. Very important conversation as you get to see what twitters bosses thinks about it. They talk about many spesific instances, and it’s clear that Twitter has a hard job in front of them. The discussion on whether Twitter has a political bias is very interesting, hint they do – is that a problem, I don’t know🤷‍♂️ firs hour is great, last hour is meh. Holler at me on this one. #1258 – Jack Dorsey, Vijaya Gadde & Tim Pool – The Joe Rogan Experience

I’m changing jobs. Also why didn’t my parents want me to go pro?

  • A family in London is seeking a nanny to teach their two young boys to become professional soccer players.
  • They said they could pay an $96,000 a year.

A family in London is offering $96,000 a year to someone willing to live with them and help turn their 2 sons into professional soccer players

The World’s Longest Continuous Walk?

Is This The World’s Longest Continuous Walk? Cape Town To Magadan

Omar Aqil is recreating Picasso digitally. Its cool.

Omar. Aqil on Behance

A cure for all public transport? Free food if you avoid rush hour.

Instead of a worm, Tokyo’s early bird commuters could get free soba noodles with tempura if enough of them take part in a new plan to ease congestion on a busy line in the capital.

Tokyo Metro aims to ease morning rush hour overcrowding – with free soba and tempura | The Japan Times

Taschen with a new book. Massimo Listri has taken pictures of libraries and its beautiful. Cant see Trinity College in Dublin, but it should be in there.Massimo Listri. The World’s Most Beautiful Libraries – TASCHEN Books

Still excited for Taschen upcoming book “60 Years in Space with NASA” 450 pages with pictures from NASA. https://www.taschen.com/pages/en/catalogue/photography/all/01176/facts.the_nasa_archives_60_years_in_space.htm

Pau Buscató on the street. Some images are from Oslo.The Art of Finding a Good Situation by Pau Buscató

Ben Simon Rehn has taken some photos in the Arctic.Enthralling Visual Spectacles of Landscapes and Wildlife

Alexis Goodwin has made some good photos.Shanghai Dreams: Somewhere between Fantasy and Reality

Population growth – very interesting. Must read. The link has a little tidbit about Denmark vs Guatemala.

Especially when you add this counter argument:

Half a million of Danes emigrated to the USA. today , 1.5 million identify as Danish-Americans. The Kingdom of Danemark once comprised Is the Denmark population estimate corrected for emigration and territorial changes?

Half a million of Danes emigrated to the USA. today , 1.5 million identify as Danish-Americans. The Kingdom of Danemark once comprised overseas territories such as Iceland (300k). The most important change in Denmark’s borders is the Schleswig

Half a million of Danes emigrated to the USA. today , 1.5 million identify as Danish-Americans. The Kingdom of Danemark once comprised overseas territories such as Iceland. The most important change in Denmark’s borders is the Schleswig-Holstein region. On 1849, a millin Danes were conquered by Prussia . Only half of that region returned to Denmark after WW1. territories such as Iceland (300k). The most important change in Denmark’s borders is the Schleswig-Holstein region. On 1849, a millin Danes were conquered by Prussia . Only half of that region returned to Denmark after WW1.

Perhaps Guatemala population is still larger, anyway there are millions of Danes without Denmark’s citizenship.

The population explosion in the global South – Marginal REVOLUTION

Thoughts on economic hardships

So many stories these days with how many people live from paycheck to paycheck. 78 percent of Americans say they live paycheck to paycheck. https://www.cnbc.com/2019/01/09/shutdown-highlights-that-4-in-5-us-workers-live-paycheck-to-paycheck.html

The government shutdown in the US showed that savings is lacking. Norway is in the same situation. Unfortunately I can’t find the recent article stating that 1/3 (?) of us live paycheck to paycheck. Other sources that basically claim that we are in debt too: https://www.tv2.no/a/9530319/ https://www.aftenposten.no/norge/i/6n7LMe/Nesten-270000-nordmenn-har-ikke-nedbetalt-fjorarets-feriegjeld

In last months newsletter there was a podcast with Dan Carlin and Daniele Bolelli and they talk about a scenario that seems more real everyday now. If enough people are dissatisfied with their lot in life, they’ll rise up and claim what they need. To me it seems like we are at a precipice of some riots. There are already here with France and the yellow vest movement. It seems that people just want security in their life. Go figure… If you have a job, you should be able to pay for a worthy life. Worthy is a squirly word, but basically it means that if you have full-time employment, you should be able to eat, live, and thrive without being under subsistence levels – read up on FDRs thoughts on minimum wage/ a living wage when he introduced it.

[…]no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By “business” I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living.

  • Franklin Roosevelt’s Statement on the National Industrial Recovery Act. June 16, 1933

Ain’t to much to ask? If the populous don’t get that, they will riot – see any history book.

Thats where we are now. People are getting fed up and their target is capitalism. Which is the best way we have to organize our economy and society. Edward Burke should be read to gain some appreciation for the cost of overthrowing any system that works even when its not optimal.

Those who make peaceful revolution impossible will make violent revolution inevitable – JFK

Lara takes cool photos

Through the Lens of Photographer Lara Zankoul

In the case of Picasso’s paintings, our econometric analysis shows that some colors are associated with high prices.

The impact of color palettes on the prices of paintings

This is a hotel in Shanghai built in a quarry. Looks cool.InterContinental Shanghai Wonderland

Stephen Mcmennamy with creative photos. Contains dogs. Dog + Human Combo Photos from Stephen McMennamy – Dog Milk