Monday, March 31, 2008
I'm going to give this a try and I'll let you know. Great job Mike. This is a winning idea.
Saturday, March 29, 2008
Friday, March 28, 2008
Thursday, March 27, 2008
I didn't get to see Bon Iver because he played Austin on Thursday night, the night before I got there, but I love this song.
Bon Iver - Skinny Love
MGMT was another band I missed. Luckily loyal reader John recommended them and I've been listening ever since.
MGMT - kids
Eric Becker recommended this oldly but goody. Love Elton John.
Elton John - Levon
I talked up this Sea Wolf song earlier in the week, but can't stop listening to it. Check it out.
Sea Wolf - Middle Distance Runner
If I had a vote for the Fed Chairman, I would vote for Jim Grant. Here's an interview with him where he calls the recent bailout, an "Economist's Nightmare." He also brings up a good point, the Fed is highly leveraged. The NY Fed has very little equity (Jim says $10B) and has taken on a lot of debt. Not a lot of margin of error there. They have taken on a lot of risk, and if they have to write down the value of the bonds, that equity could be wiped out quickly.
My favorite line, "the people who are paying for all this are the Savers...the Saver's have taken a pay cut, as the Fed Fund's rate has been cut, to accommodate Speculators."
Jim Grant nails it.
Wednesday, March 26, 2008
Nice work John. I got a lot closer to voting for you today.
Monday, March 24, 2008
Sunday, March 23, 2008
Sea Wolf - You're A Wolf
Sea Wolf - Middle Distance Runner
Saturday, March 22, 2008
When you are newspaper, this kind of thing happens, and your distribution is retarded.
Check out the interview and In Rainbows if you haven't already. See my previous entry on In Rainbows for a few songs to listen to.
I love Ella's. It's my favorite breakfast place in SF and I live almost on top of it. Good news for me.
Happy Birthday Novita!
Friday, March 21, 2008
Anyways, I've been reading "Fleck" for many years. He's one of my biggest investing influences and he wrote a great article for MSN on the current mess we are in. You can subscribe to his newsletter for $100 a year. It's the best $100 I spend every year.
Here is my favorite quote from his MSN article:
The post-Volcker Fed has changed all that. Ever since it bailed out Wall Street during the Long-Term Capital Management crisis in 1998, the financial system has become more leveraged and less transparent. In the ensuing 10 years, not only were interest rates not tightened to prevent a recurrence, the rules were loosened as the Glass-Steagall Act, which had regulated banks since 1935, was repealed. The Alan Greenspan-led Fed fomented a bubble in stocks, then chose to shortcut the aftermath by creating a housing bubble. That has left us far, far worse off today, and I suspect there are no bubbles left with which to temporarily bail us out.
Thursday, March 20, 2008
Check out Coco Velocity.
Tuesday, March 18, 2008
Word to Your... is another great picture site. Love it. Slightly gross though.
I'm noticing a lot more of these simple pic sites. I think the ease of sites like Tumblr are making this possible. Fail Dogs and Word to Your to Your look like they are running on a Tumblr back-end. The web is getting easier every day.
Sunday, March 16, 2008
NPR's Fresh Air Interview with David Simon
Friday, March 14, 2008
Thursday, March 13, 2008
Reblogged from Seth Godin:
from Dan Kennedy's very funny new book:
First of all, before we change anything, is the light bulb really burned out? Maybe we just need to breathe some life into it; repackage it, maybe the light bulb could do a duet with somebody (Sheryl Crow? Tim McGraw?) in hopes of getting some crossover appeal, maybe it could be in a beer commercial, maybe we could get it out on the road with a brighter light bulb. The other thing to think about is that this summer, Honda is rolling out a 100 Million dollar campaign for a new car aimed at thirty-somethings who consider themselves adventurous/spontaneous but can't really afford something like a luxury S.U.V. and it might be a perfect campaign to tie this light bulb into, at least it would be the perfect demographic, in terms of age.
Also, and this is just an idea: what if we found out what video games are being released in the third quarter and maybe pitched the idea of having our light bulb make an appearance in the video game at some certain level of completion; like, you get to a dark cave, let's say, if it's an adventure game, and if you have enough points you can get the light bulb - and it would be our light bulb, obviously - and then it's easier to see in the cave. The other thing is this: worst-case scenario the light bulb is, in fact, burned out. Is that really the end of the world? I mean, maybe that's actually of more value to us in the long run: Picture this for voice over: "The light bulb is dead. . . but the legend lives on. . . re-released, re-mastered, revealed. . . the light bulb. . . IN STORES NOW." It almost makes more sense than taking the time changing it, plus, if it's dead we can sell it without dealing with it, you know what I mean? No demands from it, no hotels, no road expense, no delays in the project from its end, etc. But, like I said, I'm just thinking off the top of my head here, just brainstorming, and none of this is written in stone. But the first thing we should do is figure out how we want to handle this, because the light bulb's manager is a total nightmare and we're going to have to take a meeting and listen to him sooner or later, and we should know what our plan is before we sit down with him. And let me tell you right now that the first thing out of his mouth is going to be, "This light bulb should be the brightest light bulb in the world, and it could be the brightest light bulb in the world, but you need to support the light bulb, you need to give the light bulb TV ads, you need to be more active in giving the light bulb tour support, we need to have some promotion from your end!" and on and on. And in that meeting, if you're in it, the only answer from our side should be that we're obviously very excited to be working with the light bulb, that we don't think it needs to be changed, that the only problem is people haven't seen how bright the light bulb could be, and our plan is to do everything we can to make this light bulb happen.
I'll send out an email to everyone before the meeting to remind people of our position on this, but the bottom line is we don't have the budgets right now, and basically we need to see something happening with the light bulb before we go throwing good money after bad, but obviously we can't have the light bulb's manager hearing that. I can tell you all that I'm personally very excited to be working with the light bulb, I think it will light up very brightly, and we're not going to stop working the light bulb, in whatever ways budgets will permit, until it does, in fact, light up very brightly. . . the light bulb is a very big priority for us from the top of the company to the bottom. Period. We can talk more about this when I am back from Barbados next week, and I'm going to need everybody's help on this. I know we can do it, but we need everybody working hard.
Wednesday, March 12, 2008
Dutch swears it would be great for Friday Chill Music and I agree.
Tuesday, March 11, 2008
Falken Blog exposes Michael Lewis.
I thought this was an interesting point. I love Michael Lewis and think Moneyball is an incredibly important book, and it just happens to be written about baseball players. However, if you've taken a few finance classes, at least Professor Petersen's at Kellogg, you quickly learn that Black Scholes is an option valuation framework that works well in a perfect world. We don't live in a perfect world so it's foolish to depend too much on it.
My guess is that people in finance take risks and when those risks backfire, they look to blame a framework rather than their own judgment.
Monday, March 10, 2008
Shouldn't this be what musicians do? Authors are facing the same type of piracy pressure that bands are facing. This is Seth's responsive, provide a little more value add, something personal, and charge for it. I hadn't planned on buying the book but hearing him talk pushed me over the edge.
I'd shell out for a 30 minute call with Jeff Tweedy, Jim James or Eddie Vedder. Personalization makes all the difference.
Saturday, March 8, 2008
Friday, March 7, 2008
First up, music-wise is My Morning Jacket. I just heard that they will be previewing their new album next Thursday night. This is a major problem for me because I don't get until Friday. Darn it. I'll have to settle for Jim James. Here is one of my favorite MMJ songs to pump you up. Turn it up.
My Morning Jacket - One Big Holiday
Second, I'm crazy about Kimya Dawson and can't wait to see her in Austin. I think it's the playfulness in the music that I really love. This song feels like a fun, inside joke, that I get to be a party of.
Various - Kimya Dawson / Loose Lips
Third, I'm excited to see M. Ward. He put out a cool album with Zooey Deschanel (the actress) and it sounds kind of classic. Here's a song I like. Feels a timeless, like it could have been big in the 50's (in a good way).
She and Him (ft. Zooey Deschanel & M. Ward) - You Really Got A Hold On Me
Thursday, March 6, 2008
Here is my concert schedule feed: http://sched.org/sxsw2008/scottorn
Matt's feed: http://sched.org/sxsw2008/poolhead1
Wednesday, March 5, 2008
Tuesday, March 4, 2008
"Beginning today, the paper will institute three changes intended to reduce printing costs without compromising news-gathering resources or news space....On Mondays and Tuesdays only, the Sports and Business sections will be combined, with Sports starting from the front and Business from the back."
Loyal reader, Ben Munoz, passed this onto us. We're lucky to have such great readers (and talented - look at what Ben built for a community of people who share a medical condition he has - AVM Network)
Monday, March 3, 2008
Many of you know that I've dabbled in the beverage industry. I'd love to make Crux, the drink we developed at Kellogg, a success someday. Right now it's just a dream for me but a recent Kellogg alum, Wyeth Goodenough, is making it a reality. Wyeth is COO of a drink startup called JetSet that was profiled in the San Francisco Chronicle. His drink is much more than a cool name, it's a line of mixer drinks (soda water, tonic water, etc) with a caffeine boost. Think Red Bull meets a basic mixer. Jetset is distributed all over the country in Safeway's and Beverage and More's. It's big in the Bay Area bars and growing.
Next time you go to a bar and are looking for a boost, help an entrepreneur out and order a JetSet and [fill in the blank].
“Senator Clinton had her red phone moment. She had it in 2002,” Mr. Plouffe said. “It was on the Iraq war – she and John McCain and George Bush all gave the wrong answer.”
Saturday, March 1, 2008
Apparently, Dave Eggers gave a great speech at TED yesterday. He asked that we all engage with one public school near where we live. I'm a big fan of his book, A Heart Breaking Work of Staggering Genius, and I know Ananda and Schweifler have volunteered at his 826 Valencia Street project. They had an amazing time tutoring a bunch of kids in Chicago. They helped the kids construct a story and then the kids acted it out. Their smiles were a mile wide when they got home.
I'm going to try to grant Dave his wish, and so should you. Check out his bio and see how you can help. Let's check back in with each other in a month and see what we've accomplished with a local public school.