How Doctors Think (kindle edition) is a book about misdiagnosis. It starts off introducing a woman who was misdiagnosed as being anorexic, but turned out to have a case of celiac disease. Between the misdiagnosis and the proper diagnosis, she suffered for a period of 10 years.
The book covers the three major forms of cognitive errors that lead to misdiagnosis: Anchoring (fixating on a diagnosis that was already provided), Availability (looking at the first thing that comes to mind, rather than searching for more possible diagnosis that might better fit the evidence), and Attribution (having confirmed a problem, attributing all problems to it, rather than considering the possibility of having more than one disease afflicting the patient).
The book presents case study after case study, each covering a specialty in medicine, from Radiology to Surgery and Oncology. Each case study is poignant, interesting in and of itself, and educational. One is reminded time after time that doctors are only human, and that it takes an extra-ordinary one to be capable of diagosing an unusual problem, and that the patient has to take an active role in his care --- Groopman frequently discusses instances where the patient's statement triggers a physician to look deeper or consider other possibilities.
The book also criticizes modern American health-care, where primary care physicians (who do most of the difficult diagnostic work) get paid less than specialist. A whole chapter is also devoted to conflicts of interests between what's good for the doctor financially, and what's good for the patient, including a heart-breaking story about a patient who ignores her oncologist's advice.
Groopman comes across as humble, and all too aware of the limitations of modern medicine. What's interesting to me is that in computer science, the algorithmic/Bayesian approach to diagnostics is the state of the art, while this book is essentially a critique of the approach, and how time spent thinking deeper about the problem when rare cases arise must necessarily supersede the algorithmic approach.
All in all, this is a great book, and highly recommended. If you're stuck on a bug, this is a great book to have by your side to read --- some of the techniques described are great questions to ask as well. I paid full Kindle price for it and have no regrets. If you or a loved one has a difficult medical condition, you owe it to yourselves to read this book and to give a copy to the patient.
I'll close with this passage that illustrates that doctors and software engineers also suffer from the same problem. The top 10% outperforms the median by a huge factor, just like in software engineering:
Potchen’s study using the sixty films was to compare the top twenty radiologists, who had a diagnostic accuracy of nearly 95 percent, with the bottom twenty, who had a diagnostic accuracy of 75 percent. Most worrisome was the level of confidence each group had in its analysis. The radiologists who performed poorly were not only inaccurate; they were also very confident that they were right when they were in fact wrong. “Observers’ lack of ability to discriminate normal from abnormal films does not necessarily diminish their confidence,” Potchen wrote.
Friday, June 20, 2008
Wednesday, June 18, 2008
Review: In the Garden of Iden
I will admit to not being the world's biggest fan of Kage Baker's Company stories --- time travel is a pretty worn sub-genre of science fiction, and her rules make time travel so robust that I have a hard time getting excited by her plots or characters.
When Tor released In the Garden of Iden (Dead Tree Edition) for free, however, I started reading as a look see, and got sucked in, finish the novel over a couple of days. The story revolves around a Spanish operative in the 16th century. After being rescued from the dungeons of the Spanish Inquisition by a Company operative, Rosa is inducted into the group of immortals, working for the mysterious entity known as Dr. Zeus. She is trained as a botanist, assigned to return to England in the 16th century (yes, during the time of Henry the 8th) and asked to collect plant samples that have since become extinct.
The backstory is completed in a matter of pages, granting Baker time to provide you with a sense of identity through Rosa's eyes. You gain an affinity for the character and learn to identify with her. The plot is pretty simple: a new operative on her first assignment falls in love with a mortal, and considers eloping with him. (I won't spoil the ending for you)
You can tell that this is an early book in a series, since there are hints dropped about mental instability and glitches in the system of the operatives, but these are just alluded to, and don't play a central role in the story (which annoys me to no end). Nevertheless, the characters are drawn out well, the narrative moves smoothly, and the results of immortal intervention in the name of the company (as it plays out its role in the unchanging history) works itself in and ties up loose ends rather neatly.
Not a complete waste of time, and yes, that's damning with faint praise. You could be stuck with far worse novels on a plane, and of course, at the Kindle price, it's worth the money.
When Tor released In the Garden of Iden (Dead Tree Edition) for free, however, I started reading as a look see, and got sucked in, finish the novel over a couple of days. The story revolves around a Spanish operative in the 16th century. After being rescued from the dungeons of the Spanish Inquisition by a Company operative, Rosa is inducted into the group of immortals, working for the mysterious entity known as Dr. Zeus. She is trained as a botanist, assigned to return to England in the 16th century (yes, during the time of Henry the 8th) and asked to collect plant samples that have since become extinct.
The backstory is completed in a matter of pages, granting Baker time to provide you with a sense of identity through Rosa's eyes. You gain an affinity for the character and learn to identify with her. The plot is pretty simple: a new operative on her first assignment falls in love with a mortal, and considers eloping with him. (I won't spoil the ending for you)
You can tell that this is an early book in a series, since there are hints dropped about mental instability and glitches in the system of the operatives, but these are just alluded to, and don't play a central role in the story (which annoys me to no end). Nevertheless, the characters are drawn out well, the narrative moves smoothly, and the results of immortal intervention in the name of the company (as it plays out its role in the unchanging history) works itself in and ties up loose ends rather neatly.
Not a complete waste of time, and yes, that's damning with faint praise. You could be stuck with far worse novels on a plane, and of course, at the Kindle price, it's worth the money.
Tuesday, June 17, 2008
Review: On Writing
I must confess to not having read a lot of Stephen King (despite having seen a number of movies based on his novels or short stories), which might have been my loss, since this book is definitely the work of someone who's thought hard about writing (Kindle Edition).
The first part of the book is autobiographical, describing King's childhood, his obsession with writing and making sales, his meeting his wife, and the first sale of Carrie, which brought him into public eye. The second part of the book goes down to the nitty-gritty, on what writing means, what are the important tools in the writer's toolbox, and how to go about it.
Here's King on writing:
What Writing Is Telepathy, of course. It’s amusing when you stop to think about it --- for years people have argued about whether or not such a thing exists, folks like J. B. Rhine have busted their brains trying to create a valid testing process to isolate it, and all the time it’s been right there, lying out in the open like Mr. Poe’s Purloined Letter. All the arts depend upon telepathy to some degree, but I believe that writing offers the purest distillation.
King minces no words on what he considers important. My favorite section is when he exhorts the would-be writer on reading:
Can I be blunt on this subject? If you don’t have time to read, you don’t have the time (or the tools) to write. Simple as that. Reading is the creative center of a writer’s life. I take a book with me everywhere I go, and find there are all sorts of opportunities to dip in. The trick is to teach yourself to read in small sips as well as in long swallows.
Sounds like an endorsement for the Kindle, doesn't it (my sipping of books has gone up 300% since I bought mine)? King goes on to emphasize honesty in writing:
Reading at meals is considered rude in polite society, but if you expect to succeed as a writer, rudeness should be the second-to-least of your concerns. The least of all should be polite society and what it expects. If you intend to write as truthfully as you can, your days as a member of polite society are numbered, anyway.
King emphasizes over and over again that everything is subordinate to the story, and doesn't believe at all in plotting. In particular, his preferred method appears to be to create an interesting situation, have a bunch of characters drive it, and then close. Then he lets the novel fallow for a period of months before going back to it afresh and then using his reading skills to tease out the theme, and then emphasize those in the rewrite. This system clearly works for him (and he emphasizes that at no point does he consider commercial viability during the writing and rewriting of the book), and seems like a valuable process to emulate.
The book closes with a description of the car-pedestrian collision that nearly killed King and destroyed his ability to write for a few years. As is normal in American Society, the driver of the car got off with a minimal jail time, despite King's stature. It also described his recovery, and writings' importance to him as that.
Two appendices round out the book, one, a sample story before and after a rewrite, to illustrate the process (and to show how ruthless King's edits are --- one should strive to do the same), and excellent insight into the process. The second is a list of books that King found good reading --- by no means are these all high brow books (all of Harry Potter is in there, for instance), but given King's emphasis on story, that's understandable.
All in all, I really enjoyed this book, and will pick up more of King's novels as a result. I'm typically not a writer of fiction, often considering myself a journeyman, writing book reviews, trip journals, and other practical manuals rather than a creator of worlds and characters, but if I ever decide to go in that direction I'll be glad to have read this book (and shall return to it). Highly recommended.
The first part of the book is autobiographical, describing King's childhood, his obsession with writing and making sales, his meeting his wife, and the first sale of Carrie, which brought him into public eye. The second part of the book goes down to the nitty-gritty, on what writing means, what are the important tools in the writer's toolbox, and how to go about it.
Here's King on writing:
What Writing Is Telepathy, of course. It’s amusing when you stop to think about it --- for years people have argued about whether or not such a thing exists, folks like J. B. Rhine have busted their brains trying to create a valid testing process to isolate it, and all the time it’s been right there, lying out in the open like Mr. Poe’s Purloined Letter. All the arts depend upon telepathy to some degree, but I believe that writing offers the purest distillation.
King minces no words on what he considers important. My favorite section is when he exhorts the would-be writer on reading:
Can I be blunt on this subject? If you don’t have time to read, you don’t have the time (or the tools) to write. Simple as that. Reading is the creative center of a writer’s life. I take a book with me everywhere I go, and find there are all sorts of opportunities to dip in. The trick is to teach yourself to read in small sips as well as in long swallows.
Sounds like an endorsement for the Kindle, doesn't it (my sipping of books has gone up 300% since I bought mine)? King goes on to emphasize honesty in writing:
Reading at meals is considered rude in polite society, but if you expect to succeed as a writer, rudeness should be the second-to-least of your concerns. The least of all should be polite society and what it expects. If you intend to write as truthfully as you can, your days as a member of polite society are numbered, anyway.
King emphasizes over and over again that everything is subordinate to the story, and doesn't believe at all in plotting. In particular, his preferred method appears to be to create an interesting situation, have a bunch of characters drive it, and then close. Then he lets the novel fallow for a period of months before going back to it afresh and then using his reading skills to tease out the theme, and then emphasize those in the rewrite. This system clearly works for him (and he emphasizes that at no point does he consider commercial viability during the writing and rewriting of the book), and seems like a valuable process to emulate.
The book closes with a description of the car-pedestrian collision that nearly killed King and destroyed his ability to write for a few years. As is normal in American Society, the driver of the car got off with a minimal jail time, despite King's stature. It also described his recovery, and writings' importance to him as that.
Two appendices round out the book, one, a sample story before and after a rewrite, to illustrate the process (and to show how ruthless King's edits are --- one should strive to do the same), and excellent insight into the process. The second is a list of books that King found good reading --- by no means are these all high brow books (all of Harry Potter is in there, for instance), but given King's emphasis on story, that's understandable.
All in all, I really enjoyed this book, and will pick up more of King's novels as a result. I'm typically not a writer of fiction, often considering myself a journeyman, writing book reviews, trip journals, and other practical manuals rather than a creator of worlds and characters, but if I ever decide to go in that direction I'll be glad to have read this book (and shall return to it). Highly recommended.
Review: Nudge
I've been a fan of Richard Thaler since I read The Winner's Curse, a great book explaining why winners in auctions (for instance, in the bid to invest in Facebook) often turn out to be losers.
Nudge (kindle edition) introduces the concept of Libertarian Paternalism --- the concept that while not taking away your choices, we can architect the selection process so that most people end up doing the right thing. My favorite example in this book is the Save More Tomorrow program, where employees who opt-in (perhaps even by default) get their raises automatically added to their 401(k) program. Once you get started, of course, lots of other things become obvious, such as the default choice of investments for 401(k) plans, which are notoriously difficult to navigate for typical investors.
As a matter of fact, over my last 4+ years at Google, I've seen huge numbers of financial mistakes. In one case, an employee had to be talked into putting enough money away to get the employer match (which at Google was very generous). In another, someone had split their monies across multiple funds which ended up confusing his asset allocation and made rebalancing quite difficult. Both mistakes would have been avoided had default choices been selected by the company that were reasonable.
Thaler and Sunstein apply this concept to a variety of topics, from healthcare to food selection in schools, where choice architecture can make a big difference to people's lives. They are also aware of the limitations of Libertarian Paternalism as a concept --- for instance, they don't claim that their healthcare proposals are a good substitute for universal healthcare, and they realize that capitalism will not
provide an incentive for supermarkets to stop selling you unhealthy foods.
A lot of the research for this book was drawn from much existing research that's become well known and documented in several other books. In any case, I recommend this book, but not at full price --- either check it out from the library or wait for the paperback.
Nudge (kindle edition) introduces the concept of Libertarian Paternalism --- the concept that while not taking away your choices, we can architect the selection process so that most people end up doing the right thing. My favorite example in this book is the Save More Tomorrow program, where employees who opt-in (perhaps even by default) get their raises automatically added to their 401(k) program. Once you get started, of course, lots of other things become obvious, such as the default choice of investments for 401(k) plans, which are notoriously difficult to navigate for typical investors.
As a matter of fact, over my last 4+ years at Google, I've seen huge numbers of financial mistakes. In one case, an employee had to be talked into putting enough money away to get the employer match (which at Google was very generous). In another, someone had split their monies across multiple funds which ended up confusing his asset allocation and made rebalancing quite difficult. Both mistakes would have been avoided had default choices been selected by the company that were reasonable.
Thaler and Sunstein apply this concept to a variety of topics, from healthcare to food selection in schools, where choice architecture can make a big difference to people's lives. They are also aware of the limitations of Libertarian Paternalism as a concept --- for instance, they don't claim that their healthcare proposals are a good substitute for universal healthcare, and they realize that capitalism will not
provide an incentive for supermarkets to stop selling you unhealthy foods.
A lot of the research for this book was drawn from much existing research that's become well known and documented in several other books. In any case, I recommend this book, but not at full price --- either check it out from the library or wait for the paperback.
Saturday, June 14, 2008
Lufthansa Misplaced my Tandem
For whatever reason, when we arrived in Munich, the tandem did not show up. Direct flights are definitely the way to go if you're going to fly with a bike and expect it to show up on the other side. A bunch of snafus kept them from delivering it today --- first, they were unable to call my cell phone (a US number), then when I called to ask them to deliver it, they seemed unwilling to do so. I eventually was given the number to the delivery service that Lufthansa uses, and got them to schedule a delivery time tomorrow. Why they wouldn't just schedule one for us today is beyond me. Good thing we're not planning on any serious riding --- I'd be hopping mad if I was.
Last year, the same thing happened in Zurich, and again, Lufthansa gave us the run-around. We eventually decided to just head over to the airport to pick up the bikes, because it was just too much to burn vacation time waiting for them to get around to delivering. It's one thing to do this for an essentially free service, but it's another when they're charging incredible excess luggage fees ($127). Of course, the real fear is what all this extra transition is going to do to the bike. Fortunately, Santana bike boxes are very sturdy, and by getting it delivered to the apartment there's a chance I might get to reuse the box.
Last year, the same thing happened in Zurich, and again, Lufthansa gave us the run-around. We eventually decided to just head over to the airport to pick up the bikes, because it was just too much to burn vacation time waiting for them to get around to delivering. It's one thing to do this for an essentially free service, but it's another when they're charging incredible excess luggage fees ($127). Of course, the real fear is what all this extra transition is going to do to the bike. Fortunately, Santana bike boxes are very sturdy, and by getting it delivered to the apartment there's a chance I might get to reuse the box.
Saturday, June 07, 2008
Sinking Saddles
Just for introduction, I am not Piaw. I am, in fact, female. Given the number of times recently I've been having the same conversation, I thought I'd reiterate it here in the hope that it would be edifying for others as well.
Right up front, let me say that everyone's butt is different. Even more importantly for fitting a saddle, everyone's soft tissue (read: genitalia) is also different. There are, however, certain important similarities that help narrow down the kind of saddle that is likely to be comfortable for you. Several of the guidelines to picking a good saddle are counterintuitive, but work well for me and the women I know.
As a woman, I've had to learn the hard way that few bike stores are inclined to take me seriously (and I greatly treasure those that are). Even those that are are generally staffed by men whose best help on certain female-specific fit issues amounts to the reiteration of something they heard worked for a friend of theirs or (far worse) reading the advertising on the item's packaging. In the case of bike saddles, this often comes down to claims that this will be comfortable for everyone and is the best thing since sliced bread. Having gone through a number of far-too-expensive iterations of this, there are now a few things that I look for in a saddle:
1. Where do my seat bones end up? The right answer here is "on the saddle". I'm not a big person (I wear a size 4-6), but my seat bones are wide enough apart that a narrow saddle means that my seat bones slide right off the sides of the saddle. In the case of a particular narrow saddle (that I rode for years before I learned that pain is an indication of something wrong) my seat bones actually sat on the hard plastic ridge around the edge. On a Brooks B-17, I sit right on the metal rivets. Neither is a sign of many happy miles to come. You can measure the distance between the outsides of your seat bones a few ways, but my favorite is lying on my back, curling my knees to my chest and poking around until I find them. Then it's a relatively simple task to do the measurement. When you compare this measurement to the size of saddles, remember that the seat bones are supposed to go on the saddle, not on the edge, so add at least 10-15mm (depending on saddle design).
2. How hard is it? The right answer here is "way harder than you'd expect". If your thumb sinks into the seatbone portion of the saddle, run away. It's totally counterintuitive, I know, but think about what's going to happen when you ride. You sit on the saddle and your seat bones sink right into that squishiness. Then the next thing that happens is all the soft structures squish into the foam and you're bearing weight on all of them. This is great in a mattress, but not so good in a saddle. You don't just get pain, you get numbness, and then you get that terrible feeling of sensation coming back. I had a saddle once that was so bad in this respect (combined with totally failing test #3) that I took to riding while always standing up. It was great for my legs, but not so good for things like stopping.
3. Is there a ridge where my soft tissue is going to go? My number 1 indication that a saddle is not actually designed for a woman (instead being a crappy, overpriced, pink copy of the men's version) is a big honking ridge in the soft-tissue region. If you're not sure what I'm talking about, look at the (men's) Flite saddle. If you feel any inclination to put your soft tissue on the nose of that saddle, I suspect that you're either a man or a masochist. Many women's saddles (even ones with cutouts) have a less-extreme version of the ridge and no woman I know can tolerate it.
4. How slippery is it? If the saddle is too slippery, it's hard to employ my absolutely favorite fitting technique: tip the saddle nose down. (It's especially fun to do this on saddles for women who are in so much pain that they're considering giving up riding. It helps a lot for nearly everyone.) If you tip the saddle down too far, you'll put too much weight on your hands. Saddle friction helps with this, because it keeps your butt planted on the saddle instead of trying to migrate forward.
How exactly this advice plays out for you depends on what kind of riding you're doing. If you're sitting up on your bike more than I am, then the soft tissue aspect won't be quite as important and you may need a slightly softer saddle. This goes double if you're sitting up pretty far on a tandem. I managed to beat my seat bones up quite thoroughly riding stoker on a road tandem on mountain biking trails, so I'm trying out a slightly softer saddle that I wouldn't let anywhere near my road bike.
My current favorite saddle (for a road rider) that you have some chance of still being able to buy is last year's Specialized Jett: the 155 version is wide enough for my seat bones, it's hard enough to keep the seat bones up in the air and (aided by the cutout) my weight off of my soft tissue, and the little circles of higher-friction material keep my butt planted where I want it to be. I haven't tried out this year's Specialized Jett, but I hear rumours that it's softer and that the white version is more slippery. This isn't a good sign.
My old favorite saddle was my Terry Zero X. Unfortunately, they stopped making the kind I bought several years ago and the new ones are so soft after I break them in that I get an unacceptable amount of soft tissue pressure. Still, Terry saddles are good to try, especially if your handlebars are not lower than your saddle. If you want them to start making harder saddles again, make sure to let them know. Given how people tend to buy based on saddle squishiness, it's important to let manufacturers know that people often ride based on saddle hardness.
Right up front, let me say that everyone's butt is different. Even more importantly for fitting a saddle, everyone's soft tissue (read: genitalia) is also different. There are, however, certain important similarities that help narrow down the kind of saddle that is likely to be comfortable for you. Several of the guidelines to picking a good saddle are counterintuitive, but work well for me and the women I know.
As a woman, I've had to learn the hard way that few bike stores are inclined to take me seriously (and I greatly treasure those that are). Even those that are are generally staffed by men whose best help on certain female-specific fit issues amounts to the reiteration of something they heard worked for a friend of theirs or (far worse) reading the advertising on the item's packaging. In the case of bike saddles, this often comes down to claims that this will be comfortable for everyone and is the best thing since sliced bread. Having gone through a number of far-too-expensive iterations of this, there are now a few things that I look for in a saddle:
1. Where do my seat bones end up? The right answer here is "on the saddle". I'm not a big person (I wear a size 4-6), but my seat bones are wide enough apart that a narrow saddle means that my seat bones slide right off the sides of the saddle. In the case of a particular narrow saddle (that I rode for years before I learned that pain is an indication of something wrong) my seat bones actually sat on the hard plastic ridge around the edge. On a Brooks B-17, I sit right on the metal rivets. Neither is a sign of many happy miles to come. You can measure the distance between the outsides of your seat bones a few ways, but my favorite is lying on my back, curling my knees to my chest and poking around until I find them. Then it's a relatively simple task to do the measurement. When you compare this measurement to the size of saddles, remember that the seat bones are supposed to go on the saddle, not on the edge, so add at least 10-15mm (depending on saddle design).
2. How hard is it? The right answer here is "way harder than you'd expect". If your thumb sinks into the seatbone portion of the saddle, run away. It's totally counterintuitive, I know, but think about what's going to happen when you ride. You sit on the saddle and your seat bones sink right into that squishiness. Then the next thing that happens is all the soft structures squish into the foam and you're bearing weight on all of them. This is great in a mattress, but not so good in a saddle. You don't just get pain, you get numbness, and then you get that terrible feeling of sensation coming back. I had a saddle once that was so bad in this respect (combined with totally failing test #3) that I took to riding while always standing up. It was great for my legs, but not so good for things like stopping.
3. Is there a ridge where my soft tissue is going to go? My number 1 indication that a saddle is not actually designed for a woman (instead being a crappy, overpriced, pink copy of the men's version) is a big honking ridge in the soft-tissue region. If you're not sure what I'm talking about, look at the (men's) Flite saddle. If you feel any inclination to put your soft tissue on the nose of that saddle, I suspect that you're either a man or a masochist. Many women's saddles (even ones with cutouts) have a less-extreme version of the ridge and no woman I know can tolerate it.
4. How slippery is it? If the saddle is too slippery, it's hard to employ my absolutely favorite fitting technique: tip the saddle nose down. (It's especially fun to do this on saddles for women who are in so much pain that they're considering giving up riding. It helps a lot for nearly everyone.) If you tip the saddle down too far, you'll put too much weight on your hands. Saddle friction helps with this, because it keeps your butt planted on the saddle instead of trying to migrate forward.
How exactly this advice plays out for you depends on what kind of riding you're doing. If you're sitting up on your bike more than I am, then the soft tissue aspect won't be quite as important and you may need a slightly softer saddle. This goes double if you're sitting up pretty far on a tandem. I managed to beat my seat bones up quite thoroughly riding stoker on a road tandem on mountain biking trails, so I'm trying out a slightly softer saddle that I wouldn't let anywhere near my road bike.
My current favorite saddle (for a road rider) that you have some chance of still being able to buy is last year's Specialized Jett: the 155 version is wide enough for my seat bones, it's hard enough to keep the seat bones up in the air and (aided by the cutout) my weight off of my soft tissue, and the little circles of higher-friction material keep my butt planted where I want it to be. I haven't tried out this year's Specialized Jett, but I hear rumours that it's softer and that the white version is more slippery. This isn't a good sign.
My old favorite saddle was my Terry Zero X. Unfortunately, they stopped making the kind I bought several years ago and the new ones are so soft after I break them in that I get an unacceptable amount of soft tissue pressure. Still, Terry saddles are good to try, especially if your handlebars are not lower than your saddle. If you want them to start making harder saddles again, make sure to let them know. Given how people tend to buy based on saddle squishiness, it's important to let manufacturers know that people often ride based on saddle hardness.
Friday, June 06, 2008
Follow up Mint.com Review
Yes, I kept my mint.com account, and still play with it on occasion, especially when I'm in Germany, where I haven't been able to keep tabs on my Quicken account as often as I usually do. Hint to Intuit: move Quicken to the web, as soon as possible, and stop trying to charge me $20 to store my data on your servers.
Recently, when they announced the new investments section of the product, I jumped in and signed up for the beta. So far, the feature is nothing to write home about. There's a portfolio view, which lets you look at your various accounts and transactions. But there's no search or filtering functionality, so if (like me), you use your money market account as a general transaction account, good luck hunting for that check you wrote last month.
The performance tab is bad. I don't understand why so many financial websites don't understand fundamental investment principles and effectively design for the day-trader. 6 months is a really short time for a long term investor. Having that as your longest possible period is really useless. Then, mint.com insists on providing me with a stock by stock comparison with some index, like the S&P 500.
But a good investor doesn't care about that stock by stock comparison. He wants to aggregate his portfolio, and compare it with a benchmark. As mentioned before, the S&P 500 should not be your investment benchmark!
I really feel that mint.com dropped the ball on this one. When introducing a product for beginners, you have an opportunity (and dare I say responsibility) to introduce best practices. Provide sample asset allocations. Allow the user to model different portfolios over long time periods (10 years is a good start. 50 years is even better. 100 years, and I might be ready to give up Quicken). Give the user a good interface for managing his taxable events, and paying estimated taxes.
As it currently stands, this first step just doesn't cut it. I'm sticking to my spreadsheet method of keeping track of my portfolio sales and taxable events. And I'm moving that data on the internet so that my stay in Germany doesn't cause me to lose track of that stuff --- but I'm using Google Docs and Spreadsheets instead of mint.com.
Recently, when they announced the new investments section of the product, I jumped in and signed up for the beta. So far, the feature is nothing to write home about. There's a portfolio view, which lets you look at your various accounts and transactions. But there's no search or filtering functionality, so if (like me), you use your money market account as a general transaction account, good luck hunting for that check you wrote last month.
The performance tab is bad. I don't understand why so many financial websites don't understand fundamental investment principles and effectively design for the day-trader. 6 months is a really short time for a long term investor. Having that as your longest possible period is really useless. Then, mint.com insists on providing me with a stock by stock comparison with some index, like the S&P 500.
But a good investor doesn't care about that stock by stock comparison. He wants to aggregate his portfolio, and compare it with a benchmark. As mentioned before, the S&P 500 should not be your investment benchmark!
I really feel that mint.com dropped the ball on this one. When introducing a product for beginners, you have an opportunity (and dare I say responsibility) to introduce best practices. Provide sample asset allocations. Allow the user to model different portfolios over long time periods (10 years is a good start. 50 years is even better. 100 years, and I might be ready to give up Quicken). Give the user a good interface for managing his taxable events, and paying estimated taxes.
As it currently stands, this first step just doesn't cut it. I'm sticking to my spreadsheet method of keeping track of my portfolio sales and taxable events. And I'm moving that data on the internet so that my stay in Germany doesn't cause me to lose track of that stuff --- but I'm using Google Docs and Spreadsheets instead of mint.com.
Riding the Frankenbike
For my short visit to California, I didn't bother lugging my custom bike over just to lug it back to Germany again, especially since this time I have to bring the tandem over. So I borrowed my brother's Frankenbike and used it to commute to work.
It's a great bike. The funny thing is I don't miss any of the gears. 5 speed drive-trains really don't suck, which makes me wonder why anybody rides 8 speeds, 9 speeds, or 10 speeds. Oh wait, because you can't buy any 5 speed cassette hubs, and cassette hubs are better than freewheels.
The only gear I could consider that I was missing was the 12 tooth cog --- if I were chasing Cheryl Prothero along Portola Valley and she cranked up to 30mph, I would want that gear. But that's strictly speaking only an argument for 6 speed freewheels.
Too often, in cycling, we always assume that the latest and greatest is the best. It isn't. 10 speed chains are weaker, cost more, and frequently the indexing goes out of whack in all but the best conditions. A woman friend of mine ripped teeth of her 10 speed chainrings, because they got shaved so thin that they don't last. Lisa and I have ripped apart 9 speed chains on our tandem. So all those advancements in technology that brought us 8, 9, and 10 speed drive-trains? Marketing. Pure and simple. And we only have ourselves to blame, because we suck it all up, and then ask for 11 speeds.
It's a great bike. The funny thing is I don't miss any of the gears. 5 speed drive-trains really don't suck, which makes me wonder why anybody rides 8 speeds, 9 speeds, or 10 speeds. Oh wait, because you can't buy any 5 speed cassette hubs, and cassette hubs are better than freewheels.
The only gear I could consider that I was missing was the 12 tooth cog --- if I were chasing Cheryl Prothero along Portola Valley and she cranked up to 30mph, I would want that gear. But that's strictly speaking only an argument for 6 speed freewheels.
Too often, in cycling, we always assume that the latest and greatest is the best. It isn't. 10 speed chains are weaker, cost more, and frequently the indexing goes out of whack in all but the best conditions. A woman friend of mine ripped teeth of her 10 speed chainrings, because they got shaved so thin that they don't last. Lisa and I have ripped apart 9 speed chains on our tandem. So all those advancements in technology that brought us 8, 9, and 10 speed drive-trains? Marketing. Pure and simple. And we only have ourselves to blame, because we suck it all up, and then ask for 11 speeds.
Wednesday, June 04, 2008
Review: Look to Windward
I remember reading Look to Windward a few years ago, and found myself re-reading it on the plane. This was in many ways Iain Bank's post 9/11 novel, and the themes reflect it.
The Culture has an unsuccessful intervention in another civilization (by attempting to remove the caste system). That intervention leads to civil war, causing massive numbers of deaths, and resulting in The Culture admitting their error, apologizing for its actions (it claimed a low probability of such a disaster), and making reparations.
Those reparations are insufficient for many of the Chelgrians, and that faction lays a plot to essentially send a suicide bomber to a Culture orbital to kill an estimated 5 billion Culture entities as retribution. The plot then revolves around the bomber (Major Quilan), his motivations, his cover story (an attempt to repatriate a famous Chelgrian composer), and an apparent race against time as the plot is uncovered in a different part of the galaxy.
As a novel, this lies squarely in the mediocre part of Banks' work. It's not as good as Player of Games, but is at least more accessible than Excession (especially in the characters). There is a bit of fun as Banks produces a page after another of ship names that are perhaps amongst the best characteristics of the Culture universe. The misdirection part of the novel doesn't quite work, and of course, one wishes that the counter-intelligence portion of the Culture's real-world counterparts are as effective as the Culture's.
Nevertheless, even mediocre Banks is still excellent fiction. Recommended if you can get it from the library.
The Culture has an unsuccessful intervention in another civilization (by attempting to remove the caste system). That intervention leads to civil war, causing massive numbers of deaths, and resulting in The Culture admitting their error, apologizing for its actions (it claimed a low probability of such a disaster), and making reparations.
Those reparations are insufficient for many of the Chelgrians, and that faction lays a plot to essentially send a suicide bomber to a Culture orbital to kill an estimated 5 billion Culture entities as retribution. The plot then revolves around the bomber (Major Quilan), his motivations, his cover story (an attempt to repatriate a famous Chelgrian composer), and an apparent race against time as the plot is uncovered in a different part of the galaxy.
As a novel, this lies squarely in the mediocre part of Banks' work. It's not as good as Player of Games, but is at least more accessible than Excession (especially in the characters). There is a bit of fun as Banks produces a page after another of ship names that are perhaps amongst the best characteristics of the Culture universe. The misdirection part of the novel doesn't quite work, and of course, one wishes that the counter-intelligence portion of the Culture's real-world counterparts are as effective as the Culture's.
Nevertheless, even mediocre Banks is still excellent fiction. Recommended if you can get it from the library.
Tuesday, June 03, 2008
On ipods and cities
I've had an ipod in one form or another since 2005, but aside from the occasional non-cycling trip, it never found its way to any kind of regular use. It was only until I got to Munich that I realized that I'm in this unique category of commuters --- the cycle commute at suburban speeds doesn't make it desirable for me to listen to music on my commute. The rest of the world either drives, walks, or take transit, and when I was in Munich, walking or taking transit, I would actually use my ipod for the 20 minutes (each way) that I would walk to work, or the 15 minutes it would take to use transit. (I never used transit to save time, but to avoid poor weather, or to carry lots of baggage) Yes, cyclists in Munich actually do use ipods, but they also aren't cycling at suburban commute speeds.
Speaking of transit, Munich's transit is incredibly complicated, with three fare systems, one for buying one-use tickets, one for buying day tickets, and one for buying weekly or monthly passes. As a resident, you can figure it out, but boy, non-German speaking tourists who don't read guidebooks before they show up are going to have a massively hard time with it. The optimization function for using the transit isn't even easy for a resident to gauge, let alone figure out.
Basically, if you're going to be here within a calendar month, one round trip to the airport on different days will make buying a monthly pass worth while. But of course, if you're jet-lagged and don't speak English, good luck figuring out the machines! Now that answers are completely different if you're traveling in a group, or if your trip spans 2 months, or if you have to be some place before 9am. I have no idea why it has to be so complicated --- like almost all transit systems, the one in Munich is run at a slight loss, and revenue generation should be secondary (since many residents who use the transit just buy the passes and are done with it).
Speaking of transit, Munich's transit is incredibly complicated, with three fare systems, one for buying one-use tickets, one for buying day tickets, and one for buying weekly or monthly passes. As a resident, you can figure it out, but boy, non-German speaking tourists who don't read guidebooks before they show up are going to have a massively hard time with it. The optimization function for using the transit isn't even easy for a resident to gauge, let alone figure out.
Basically, if you're going to be here within a calendar month, one round trip to the airport on different days will make buying a monthly pass worth while. But of course, if you're jet-lagged and don't speak English, good luck figuring out the machines! Now that answers are completely different if you're traveling in a group, or if your trip spans 2 months, or if you have to be some place before 9am. I have no idea why it has to be so complicated --- like almost all transit systems, the one in Munich is run at a slight loss, and revenue generation should be secondary (since many residents who use the transit just buy the passes and are done with it).
Monday, June 02, 2008
Raising the Bar Revisited
My brother bought the kindle edition of Raising the Bar(dead tree edition) after I told him about the book, so when it showed up on my Kindle (yes, my brothers and I all share the same Kindle account for sharing convenience) I read it again.
I reviewed this book last year, but re-reading it reminds me that it is such a great book and that I really like it. If you're a touring cyclist, you owe it to yourself to read this book. It really highlights the huge difference between the guided tours, the heavily loaded tours, and the spirit of adventure.
I've alluded to all that in the past, but I'll say this for sure: most people, when given the opportunity, will turn down adventure. That's why guided tours and packaged vacations are so popular, even though they cost 3-4 times what a white road adventure tour costs, to use Gary Erickson's terminology. (That's right, for the cost of one of those cycling vacations, I can tour for 3-4 months!) Given the choice between being cocooned in a bubble of America, with other English speakers to talk to, with a cue sheet given to you every morning, and all meals and snacks taken care of, most folks would rather do that. On my tours, I have to pick my own route (with input from others in the group of course), talk to people who don't speak English, buy food, select restaurants, select hotels, all on the fly. But the entire package is what's appealing --- the freedom to go where I please, stay an extra day, and tailor the ride to my needs is worth the effort. And the people you meet know that you're vulnerable, and because of that, go out of their way to help you. If you don't put yourself in that position, you will never really get to know the people of the country you are visiting.
The same thing applies to events like Team-in-training. Most folks would get a much better program by either joining a cycling club or doing their own rides themselves. Both options are much much cheaper than the typical TIT pledge (take the difference and donate all that money to charity, rather than paying for the typical charity ride overhead). But for some reason, to join a cycling club would stretch most people beyond their comfort zone.
Then again, the fact that most of the world is like that means that people like Gary Erickson, Jobst Brandt, and to a lesser extent, myself, get the advantage of doing what we enjoy doing without an avalanche of other cycle tourists descending on our little country hotels driving prices up, so perhaps I should not talk up this way of life too much.
Once again, read Raising the Bar, if you haven't already. (And yes, it's another company that gives employees free massages --- it's not just strange companies like Google that does it)
I reviewed this book last year, but re-reading it reminds me that it is such a great book and that I really like it. If you're a touring cyclist, you owe it to yourself to read this book. It really highlights the huge difference between the guided tours, the heavily loaded tours, and the spirit of adventure.
I've alluded to all that in the past, but I'll say this for sure: most people, when given the opportunity, will turn down adventure. That's why guided tours and packaged vacations are so popular, even though they cost 3-4 times what a white road adventure tour costs, to use Gary Erickson's terminology. (That's right, for the cost of one of those cycling vacations, I can tour for 3-4 months!) Given the choice between being cocooned in a bubble of America, with other English speakers to talk to, with a cue sheet given to you every morning, and all meals and snacks taken care of, most folks would rather do that. On my tours, I have to pick my own route (with input from others in the group of course), talk to people who don't speak English, buy food, select restaurants, select hotels, all on the fly. But the entire package is what's appealing --- the freedom to go where I please, stay an extra day, and tailor the ride to my needs is worth the effort. And the people you meet know that you're vulnerable, and because of that, go out of their way to help you. If you don't put yourself in that position, you will never really get to know the people of the country you are visiting.
The same thing applies to events like Team-in-training. Most folks would get a much better program by either joining a cycling club or doing their own rides themselves. Both options are much much cheaper than the typical TIT pledge (take the difference and donate all that money to charity, rather than paying for the typical charity ride overhead). But for some reason, to join a cycling club would stretch most people beyond their comfort zone.
Then again, the fact that most of the world is like that means that people like Gary Erickson, Jobst Brandt, and to a lesser extent, myself, get the advantage of doing what we enjoy doing without an avalanche of other cycle tourists descending on our little country hotels driving prices up, so perhaps I should not talk up this way of life too much.
Once again, read Raising the Bar, if you haven't already. (And yes, it's another company that gives employees free massages --- it's not just strange companies like Google that does it)
Sunday, June 01, 2008
Holzkirchen Loop Ride (2)
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| Holzkirche |
Today, I made the basic cycle touring mistake --- I forgot to bring a paper map with me on the trip to Holzkirchen. It wasn't too bad at first, since I still had my GPS unit, and had programmed in the desired route earlier. Chris and I found the 20% grade I had discovered on an earlier ride, and it turned out to be just as fun as I expected --- fully shaded, and very pretty. Zipping along into Meisbach, however, I soon discovered that part of the route had inadvertently been routed along a road with way too much traffic for my preferences.
As was my wont, I took a turn off the main road just to see if I could find a smaller one, but unfortunately, doing that confused the GPS, to the point I had to bring up the menu and hit the recalculate button. That reset the GPS, and it rerouted us back to Holzkirchen rather than attempting to follow the route again. That was no good, but at that point we had done about 40km, so decided that it was ok to have a 70 or 80km day.
Unfortunately, the return route also tried to follow the main route, and we soon decided to ignore that in favor of small roads. A few false turns, and we soon found ourself at a dead end. However, there was a small dirt path, and a road was seen on the GPS just in the direction the path was headed in, so we rode down the path and were rewarded by a river side track.
Soon, however, we were at a cross roads, and the GPS couldn't make up its mind as to which way to go, so we picked one at random. After a bit, however, I noticed that we weren't getting any closer to Holzkirchen. I stopped a man going the other way, and he said he was going to Holzkirchen and invited us to follow him. When in doubt, as a local, as it were.
Soon enough, we were cycling through by ways, a gorgeous bike path that led us through meadows and lovely lakes. We were soon in Holzkirchen where our guide told us that 300m before the train station was the best ice cream in Bavaria. So we stopped there for ice cream, and then hopped on the train back.
Not bad, 80km, and 1153m of climb on a hot beautiful sunny day.
Interesting Sights
Today I saw something interesting. I saw a girl riding a bicycle with a helmet in the basket behind the seat. Now why would you not wear that helmet if you're going to bother carrying it? A moment later I saw her boyfriend roller blading with a helmet on, and then noticed that in the basket was also a set of roller blades. The implications were obvious --- roller blading was so dangerous that you needed to wear a helmet, but cycling is so safe that a helmet is unnecessary. Irony of ironies, the helmet she was carrying was obviously a bike helmet.
Now some of that safety is real --- cycling in Germany is three times safer than cycling in the USA. But a lot of that has to do with a culture that would rather encourage cycling without helmets than no cycling. By increasing the number of cyclists (a lot of women would give up cycling rather than mess up their hair), safety for all cyclists is also improved.
Now some of that safety is real --- cycling in Germany is three times safer than cycling in the USA. But a lot of that has to do with a culture that would rather encourage cycling without helmets than no cycling. By increasing the number of cyclists (a lot of women would give up cycling rather than mess up their hair), safety for all cyclists is also improved.
Saturday, May 31, 2008
Review: Market Forces
Market Forces (kindle edition) is Richard Morgan's novel about capitalism. It depicts a world in which corporations run foreign policy on behalf of corporations in order to keep labor costs low and sweat shops running.
The protagonist, Chris Faulkner, grew up in the cordoned zones after his father was killed for not having money to pay bills at he supermarket cashier. The result: the son grows up to become a corporate warrior in a world where promotions are determined by the results of duels on the streets where men and women fight it out in battle-wagons.
The novel starts with Faulkner joining Shorn Associates as a new executive. His boss hates him, and schemes against him at every opportunity. His new partner who becomes a friend is a blood thirsty maniac who shoots four car-jackers in "self-defense." Faulkner becomes successful despite their machinations, but at the cost of becoming a cold blooded killer in the model of Shorn Associates. His wife then begins a battle for his soul...
Maybe I've become inured to Morgan's novels, but the sex and violence don't seem all that explicit at this point. There is definitely something odd about Morgan writing about corporate-style capitalism, since the man has apparently never had a corporate job in his life. As it is, the corporate cut-throat behavior of executives does ring true (I've seen enough of it in my time), but the concept of executives ever bloodying their hands when they can have minions do it for them doesn't strike me as something true. In any case, like all of other Morgan's novels, it's a great read, just not as great as the Takeshi Kovacs series. Recommended at the Kindle price.
“I’d say a practicing free market economist has blood on his hands, or he isn’t doing his job properly. It comes with the market, and the decisions it demands. Hard decisions, decisions of life and death. We have to make those decisions, and we have to get them right. We have to be determined to get them right. The blood on our hands today is the blood of our less determined colleagues, and that says something. To you, Liz, to our audience, and most of all to our Cambodian clients, that blood says that when the hard decisions come, we will not flinch from them.”
The protagonist, Chris Faulkner, grew up in the cordoned zones after his father was killed for not having money to pay bills at he supermarket cashier. The result: the son grows up to become a corporate warrior in a world where promotions are determined by the results of duels on the streets where men and women fight it out in battle-wagons.
The novel starts with Faulkner joining Shorn Associates as a new executive. His boss hates him, and schemes against him at every opportunity. His new partner who becomes a friend is a blood thirsty maniac who shoots four car-jackers in "self-defense." Faulkner becomes successful despite their machinations, but at the cost of becoming a cold blooded killer in the model of Shorn Associates. His wife then begins a battle for his soul...
Maybe I've become inured to Morgan's novels, but the sex and violence don't seem all that explicit at this point. There is definitely something odd about Morgan writing about corporate-style capitalism, since the man has apparently never had a corporate job in his life. As it is, the corporate cut-throat behavior of executives does ring true (I've seen enough of it in my time), but the concept of executives ever bloodying their hands when they can have minions do it for them doesn't strike me as something true. In any case, like all of other Morgan's novels, it's a great read, just not as great as the Takeshi Kovacs series. Recommended at the Kindle price.
“I’d say a practicing free market economist has blood on his hands, or he isn’t doing his job properly. It comes with the market, and the decisions it demands. Hard decisions, decisions of life and death. We have to make those decisions, and we have to get them right. We have to be determined to get them right. The blood on our hands today is the blood of our less determined colleagues, and that says something. To you, Liz, to our audience, and most of all to our Cambodian clients, that blood says that when the hard decisions come, we will not flinch from them.”
Tips on using the Garmin 76CSx
Now that I've got more experience with the Garmin 76CSx, I can provide a few tricks:
All in all, I have been very pleased with the data and output I've gotten out of the unit. As always, if you want all the features of the GPS, make sure you have a Windows machine. There's now a version of Mapsource for the Mac, but given Garmin's lack of software expertise, I am not at all confident that the Mac version will provide reasonable data, or even be compatible with routes designed by the windows version. I once told Pardo that he shouldn't buy a unit because he hates both Macs and Windows, but now that I've figured out the dynamic routing trick, I think I can withdraw this recommendation --- you still have to carry paper maps, but I think you should resign yourself to doing that anyway --- the screen is just way too small to rely on to make sure that say, you're heading in the right direction for the pass you want to do. The unit does make navigating cities and big town completely hassle free now --- not that I want to use this option often, but it's there when absolutely necessary.
Is there an Edge 705 in my future? Now that there are reasonable power solutions (the link is to the kindle battery extender, but a $5 mini-usb trip will make it work with the 705), I am finding the Edge 705 less objectionable than before. However, given that the maps lock me into my current unit, I think I'll find the patience to wait to extract full value out of my current unit first.
- Garmin Mapsource is a piece of crap. It crashes frequently, so when working with it, save early and save often. I'm unhappy that no one else has provided a reasonably good program.
- The site for uploading maps data is motion-based. They're owned by Garmin, but don't seem to suck too badly. There's a very cool feature, which is after you've uploaded the data, you can download the Google Earth KML file and run the tour as a fly-by view. I tried Bikely, but because it's tied to Google Maps, it doesn't know what to do with routes that might not be on a known road.
- Speaking of roads --- Mapsource includes most dirt roads in its database. This is very useful for planning routes, since every possible route is included, but be prepared to turn back if you don't want to ride dirt (usually, any dirt road on Mapsource is easily rideable by me).
- There's a battery options menu deep inside the Setup menu. Setting it correctly can grant lots of additional battery life for NiMH batteries. I don't think it actually changes power consumption profile (how could it), but the reporting gets a lot more accurate (NiMH batteries start at a lower voltage than alkaline batteries), which means that the unit runs longer before nagging you about low power. The unit is extremely good about batteries, I am extremely happy with the battery life.
- When routing, your best choice is to use MapSource --- it lets you pick exactly the roads you want to ride on. One thing to watch out for, however, is that the GPS unit proper can't deal with routes needing more than 50 waypoints (that's clicks on the map to you). So if you need that much, you have to split the route into multiple pieces. One alternative is to use auto-routing as much as possible (plug in the start and end points), and then insert way points to morph the route into what you want. This is very effective because the Garmin unit routes like MapSource. In fact, the few times I thought the unit didn't do so it was because of user-error --- I really did enter in a different route than what I ultimately rode.
- For dynamic routing, push the "Find" button, then select "Cities". The menu will fill out with cities/villages within the next 10km. Now, this option is only useful if you already have a map with you. What you want is to find the city that's on the way to a destination. The trick here is to not use big cities, as much as possible --- in fact, when you need to navigate through a big city, what you should do is to select the city in the direction of travel just after the big city --- this ensures that the GPS unit will route you through the city as efficiently as possible. (This is assuming you want to avoid the city, which is my usual mode --- obviously if you actually want to visit the city, selecting the city will take you to the city center, which is exactly what you want) One interesting divergence between road signs and the GPS is that German road signs usually count distance to the outskirts of a city, while the GPS unit will compute distance to the city center, so don't get too happy when the road signs give you a smaller number than the GPS)
All in all, I have been very pleased with the data and output I've gotten out of the unit. As always, if you want all the features of the GPS, make sure you have a Windows machine. There's now a version of Mapsource for the Mac, but given Garmin's lack of software expertise, I am not at all confident that the Mac version will provide reasonable data, or even be compatible with routes designed by the windows version. I once told Pardo that he shouldn't buy a unit because he hates both Macs and Windows, but now that I've figured out the dynamic routing trick, I think I can withdraw this recommendation --- you still have to carry paper maps, but I think you should resign yourself to doing that anyway --- the screen is just way too small to rely on to make sure that say, you're heading in the right direction for the pass you want to do. The unit does make navigating cities and big town completely hassle free now --- not that I want to use this option often, but it's there when absolutely necessary.
Is there an Edge 705 in my future? Now that there are reasonable power solutions (the link is to the kindle battery extender, but a $5 mini-usb trip will make it work with the 705), I am finding the Edge 705 less objectionable than before. However, given that the maps lock me into my current unit, I think I'll find the patience to wait to extract full value out of my current unit first.
One more thing: if you use the Garmin unit for cycle touring, try Piaw Routing and let me know what you think.
View of Munich
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| View from Top of Frauenkirc |
Frauenkirche is the big symbol of Munich, and is taller than all the other churches. You climb up a flight of stairs to reach an elevator that takes you nearly 100m to the tallest view of the city (Munich is kinda flat, though on a clear day like this one, you get a view of the Alps!). For my money, Peters Church is probably a better view, because it's not enclosed.
Friday, May 30, 2008
My solution to my banking problems
I'm just going to go to my bank's ATM, use my American bank's ATM, withdraw money, and then go into the bank's branch and deposit the cash right into my bank account. Obviously, this can't be used to transfer huge sums of money, and I can do so only 4 times a month (which is how many times First Internet of Indiana will reimburse me for ATM charges), but at this point, it is the expedient thing to do.
International Banking: not for the faint of heart
International Banking: not for the faint of heart
Review: How to Rig an Election
How to Rig an Election(kindle edition) is a book by Allen Raymond, the Republican operative who went to jail for jamming democratic phone lines in New Hampshire during the 2002 elections.
This short book is written in a curt, cynical, condescending style. Though Raymond was a Republican operative, it wasn't clear that he didn't look down at the typical Republicans he associated with:
No offense to the true believers, but it’s hard to get any serious business done with someone from the God Squad twisting your ear about the evils of stem cell research while an NRA lifer demands your assurance that the black helicopters won’t be swooping down to deprive him of his twin-mounted .50-caliber Brownings.
More fascinating than the story of what he did to go to jail, was his story of what was perfectly legal and regularly used by the Republican party: using the voice of an angry Black man to call white democrats urging them to vote, for instance. The level of mendacity is quite incredible, and when Raymond helped run Steve Forbes' campaign, and the man refused to fight Bush's lies about him, Raymond concluded that Forbes did not really want to win and didn't deserve to win the election. The list of dirty tricks was quite extensive, and the cynicism accompanying them just so.
Perhaps the most telling was his reference to a study that people picked who they voted for for president based on his appearance. I guess with this level of intelligence in the electorate, perhaps I should be grateful for low turnout in elections. The book is recommended as far as the time spent reading is concerned --- it's quite a short book, and is very entertaining. I wouldn't pay full price, however!
This short book is written in a curt, cynical, condescending style. Though Raymond was a Republican operative, it wasn't clear that he didn't look down at the typical Republicans he associated with:
No offense to the true believers, but it’s hard to get any serious business done with someone from the God Squad twisting your ear about the evils of stem cell research while an NRA lifer demands your assurance that the black helicopters won’t be swooping down to deprive him of his twin-mounted .50-caliber Brownings.
More fascinating than the story of what he did to go to jail, was his story of what was perfectly legal and regularly used by the Republican party: using the voice of an angry Black man to call white democrats urging them to vote, for instance. The level of mendacity is quite incredible, and when Raymond helped run Steve Forbes' campaign, and the man refused to fight Bush's lies about him, Raymond concluded that Forbes did not really want to win and didn't deserve to win the election. The list of dirty tricks was quite extensive, and the cynicism accompanying them just so.
Perhaps the most telling was his reference to a study that people picked who they voted for for president based on his appearance. I guess with this level of intelligence in the electorate, perhaps I should be grateful for low turnout in elections. The book is recommended as far as the time spent reading is concerned --- it's quite a short book, and is very entertaining. I wouldn't pay full price, however!
Monday, May 26, 2008
The Perils of International Banking
Lots of people would believe that in this age of globalization, it would be easy for capital to move around. After all, with wire transfers, international networks, IBANs and SWIFT codes, one should be able to get access to his or her monies anywhere in the world, right?
If I had any illusions about that, they have all been shattered now. Over a month ago, I set up a bank account with Deutsche Bank. Now my co-workers had warned me that this was like asking for a permit to transfer nuclear weapons, and just as difficult. The process itself however, went smoothly for me, so I thought I'd skirted that particular bomb. At that time, I wanted to fund my bank account by writing a check. Oh no, said the bank representative. You don't want to do that. It's slow and would take forever. Better to use a wire transfer.
OK, my status with Vanguard was such that wire transfers were free anyway. So I worked through the details, including writing a paper letter, signing it, and getting it air-couriered to Vanguard. (Yes, there's a lot of safeguards in the process, so I wasn't worried about security) A few days later, the money was deducted from my Vanguard account.
2 weeks later, the money still had not showed up, so I asked Vanguard for a wire trace. Just 2 days ago, I got e-mail from Vanguard saying the Deutsche Bank had told them that my account did not exist. And get this --- at the same time I'd communicated with my Deutsche Bank representative, and they never got back to me. Not once! I went to the bank today in person to write a check to fund it. Again, I got that warning about speed. I told the representative: if I had written a check a month ago, I would have the money NOW.
And for all this lack of service, Deutsche Bank, like almost all other banks in Germany, charges 5 Euros a month, for an account that pays no interest. There's no consumer bank in the US that could survive doing business like that. (The bank that charges no fees is the Post Bank, but they don't have an English web-site, and when dealing with money, I want to be able to read every freaking word on the web page)
Now, in case you think I'm being an idiot, and am an out-lier, I checked with the office --- every prior transfer has had massive difficulties with the German financial system. 100%. No exceptions.
All this has taught me one thing: the USA still has the best financial infrastructure on the planet. It's no wonder the Chinese desperately want to give us their money, and it's no wonder everywhere else in the world wants to invest in the US. I take it for granted too often, but thank you Vanguard, Capital One, Wells Fargo, etc., etc. You guys work hard for my business, and I didn't know how good I had it until I had to deal with your foreign counter-parts.
If I had any illusions about that, they have all been shattered now. Over a month ago, I set up a bank account with Deutsche Bank. Now my co-workers had warned me that this was like asking for a permit to transfer nuclear weapons, and just as difficult. The process itself however, went smoothly for me, so I thought I'd skirted that particular bomb. At that time, I wanted to fund my bank account by writing a check. Oh no, said the bank representative. You don't want to do that. It's slow and would take forever. Better to use a wire transfer.
OK, my status with Vanguard was such that wire transfers were free anyway. So I worked through the details, including writing a paper letter, signing it, and getting it air-couriered to Vanguard. (Yes, there's a lot of safeguards in the process, so I wasn't worried about security) A few days later, the money was deducted from my Vanguard account.
2 weeks later, the money still had not showed up, so I asked Vanguard for a wire trace. Just 2 days ago, I got e-mail from Vanguard saying the Deutsche Bank had told them that my account did not exist. And get this --- at the same time I'd communicated with my Deutsche Bank representative, and they never got back to me. Not once! I went to the bank today in person to write a check to fund it. Again, I got that warning about speed. I told the representative: if I had written a check a month ago, I would have the money NOW.
And for all this lack of service, Deutsche Bank, like almost all other banks in Germany, charges 5 Euros a month, for an account that pays no interest. There's no consumer bank in the US that could survive doing business like that. (The bank that charges no fees is the Post Bank, but they don't have an English web-site, and when dealing with money, I want to be able to read every freaking word on the web page)
Now, in case you think I'm being an idiot, and am an out-lier, I checked with the office --- every prior transfer has had massive difficulties with the German financial system. 100%. No exceptions.
All this has taught me one thing: the USA still has the best financial infrastructure on the planet. It's no wonder the Chinese desperately want to give us their money, and it's no wonder everywhere else in the world wants to invest in the US. I take it for granted too often, but thank you Vanguard, Capital One, Wells Fargo, etc., etc. You guys work hard for my business, and I didn't know how good I had it until I had to deal with your foreign counter-parts.
Sunday, May 25, 2008
Riding my gloves to destruction
I have a history of riding equipment to destruction, but I also have a similar approach to clothing --- I tend not to throw any clothing away until it's no longer functional, even if it already has holes in it. This isn't due to any kind of innate cheapness, but because old clothing just wears better and is more comfortable.
Well, this is the second pair of Specialized Body Geometry gloves I've worn out. Don't take this as any criticism of their gloves --- it took me about 2 years to wear this pair to destruction. (The symptom was that the hole in the glove would get caught in my bar end shifters) I didn't like my other gloves enough to wear them to destruction (and some get lost, etc). The problem is that this newer model isn't as comfortable as the old gloves I destroyed a couple of years back. The durability seems poorer as well. However, they are still the most comfortable gloves for long rides, by far. This doesn't mean I can wear them for 10 hours straight --- I sometimes have to take them off and ride bare handed on ultra long days.
I guess I'll just stock up on them when I next return to California.
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