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Key tool for metacognition

If you’re thinking about the marshmallow and how delicious it is, then you’re going to eat it. The key is to avoid thinking about it in the first place.
--Psychologist Walter Mischel via newyorker.com

Maybe newspapers do have a chance.

No American, for the first 30 years of television, paid anything for their rabbit ears. Now they pay $60, $70 a month for better content.
--David Simon, creator of "The Wire," via nytimes.com

The European welfare state: NYTimes ponders...

While the top income-tax rate in the United States is 35 percent, the numbers are a bit misleading. “People coming from the U.S. to the Netherlands focus on that difference, and on that 52 percent,” said Constanze Woelfle, an American accountant based in the Netherlands whose clients are mostly American expats. “But consider that the Dutch rate includes social security, which in the U.S. is an additional 6.2 percent. Then in the U.S. you have state and local taxes, and much higher real estate taxes. If you were to add all those up, you would get close to the 52 percent.”

On high IQ's

Abnormally high IQ scores, by their nature, often speak of a brain too general to be of much use. “Effectively,” said Rust, “you are mastering far too many things.
via ft.com

a lot of people lost jobs this year. really, quite a lot.

Men were designed to strive, mostly unsuccessfully, for greatness.

Tradeoffs again: perhaps nature designed women to seek to be lovable, whereas men were designed to strive, mostly unsuccessfully, for greatness.

And it was worth it, even despite the “mostly unsuccessfully” part. Experts estimate Genghis Khan had several hundred and perhaps more than a thousand children. He took big risks and eventually conquered most of the known world. For him, the big risks led to huge payoffs in offspring. My point is that no woman, even if she conquered twice as much territory as Genghis Khan, could have had a thousand children. Striving for greatness in that sense offered the human female no such biological payoff. For the man, the possibility was there, and so the blood of Genghis Khan runs through a large segment of today’s human population. By definition, only a few men can achieve greatness, but for the few men who do, the gains have been real. And we are descended from those great men much more than from other men. Remember, most of the mediocre men left no descendants at all.

Why you should iterate fast.

A chess novice can defeat a master if moving twice each round.

Genius is nothing more nor less than childhood recovered at will.
--Baudelaire via boston.com

When you're young, go long on risk.

Yogi Berra may have said when you come to a fork in the road take it but I’d merely add when you come to a fork in the road take the riskier path.

One hell of a startup idea by one hell of a big ass company.

Oracle’s engineers are already brainstorming about how to build “industries in a box”—complete computer systems that come fine-tuned for, say, banking or retailing.