Wednesday, April 13, 2016

Beans, again

I put two posts on Truth Engineering (TE) related to this theme: Beans and such and Boomer lessons. Why TE? Well, beans are important. We expect that they will be handled appropriately; yet, through history, beans have been hard to control.

In the modern realm, things are a little better. Little? Yes, we have accounting. Yet, books are cooked; people are screwed out of their life savings. Then, even the most modern are problematic. Take bitcoin. It has been used to support gambling, illicit activities of other types, and even piracy. Piracy? Yes, someone ran a Ponzi scheme, evidently successfully.

So, oops, too? You bet.

And, beans apply here, too (04/11/2009). Back then, the conversation was about the fiction in finance. Is it any different, today?

Not. But, we must get a better handle on these things. How to go about that varies so much by personality and such.

We must not think that it is hopeless; after all, we learn how to engineer chaos, manage NP, and have some sort of success with Turing issues.

Remarks: Modified: 04/13/2016



04/13/2016 --

Friday, March 25, 2016

Ranting bot

Could not have asked for a better Good Friday gift: ranting bot. There will be subsequent analysis after a little time to see the reactions.

Related to this? Big-daddy data. Gosh, if only Janet would pull the plug on this mania by raising the rate. Janet, you are coddling moral idiots in their trashing of our economy.

Remarks: Modified: 03/25/2016

03/25/2016 --

Monday, February 29, 2016

Leap Day, 2016

We started this blog in 2007. So, this will be our third Leap Day. It might be interesting to see what was going during each of those earlier times.
    2008 This blog's first focus was looking at one product from a project management perspective. By February 2008, there was a fourth survey completed. See Oops happen. The response was hardly enough to be significant; however, it it interesting. We intend to get back to this; however, the engineers took over in 2010 which prompted this "We're gone" post.

    You see, we could trust engineers to do a product right once the marketing folks got out of the way. Finance? Not, it's a mess. Was then; still is. There were so many things out of whack that several books have not covered the gamut. So, expect more about this.

    2012 A few years later, the product was in the air. However, we were all watching Ben trying to get the economy to go. Those who could were still not getting things back to normal. That is, the best and brightest were still baffled and baffling to the rest of us. By this time, there ought to have been some recovery that would have pushed inflation and prompted Ben to raise rates. But, now, Ben went into QE and more; savers, essentially, went from being slapped to being flayed.

    Guess what? Now, we're dealing with Janet. Things are still running amok. The investors want cheap money. But, why not? Some central bankers have gone negative. Makes it all the more apparent that there needs to be a redefinition. What this might look like is the task. 
This brief look back us of the work that remains to be done.

Remarks: Modified: 02/29/2016

02/29/2016 --

Friday, February 19, 2016

Update

Still plugging along. Truth engineering covers the larger picture. Quora has been taking time and interest of late. There will be more about the discussion platform made available via Quora. I have attained a frequently-read writer status in several areas.

A couple of items. These will continue to be of interest as is safe computing.
  • . Businessweek had an article: Why Doesn’t Silicon Valley Hire Black Coders? One coder talked about his culture shock. Now, having lived in several parts of the country, I can relate. Some location transitions are more jolting that others. Now, this guy said that he kept hearing: I started to code at 7 years old. Turns out that SV is full of these types. Loose or non existence moral sense? Elsewhere, I mentioned that the financial mess is due in part to the young, best-and-brightest being let loose. As in, old guys with money not wanting to look at technical details. It's true, folks. One wonders how things will be when the current millennial mix gets older. To my view, this whole perturbation was a one-off deal. Technology came along causing (forcing) all sorts of changes. One prevalent view, that is troublesome, is that (real) people are in the way and unnecessary. We will get back to that. 
  • .The WSJ reported that BA has a deferred cost burden around $28B. Yes, billion. And, they are nearing the point where they can sell for more than they spend making the 787. Now, let's say that they sell 2,000. That would be a burden on each of $14M. Yes, million. Deferred cost? Just what exactly is that? Many would like to know. 

I will link this blog, and the other blogs, to Quora this year. 

Remarks: Modified: 02/19/2016

02/19/2016 --

Saturday, January 9, 2016

I'm back

Earlier, there was a not-back series. But, it's time to get involved, again.

Yesterday, I saw two attempts at taking over the machine. Now, why is this related to 7'oops7? After all, the 787 flies. Well, the whole cloud / internet is a mess. And, engineering is responsible for part of this. What ought to be done about the mess?

Too, the younger types are running after the internet of everything. They need to talk to some old fart, like myself, who sees things more clearly than their pursuit of money and fame allows them to see. Okay?

In one case, it was a survey that was presented under the guise of a legitimate company with whom I deal. Let's say the company is right in the middle of the stream. We cannot live digitally / virtually / cloudily / et-al without this type. But, they are not saints, to use one culture's view. The survey then popped up coupons, for trashy stuff. Sheesh. Of course, I did not follow the lead; til then, I had ignored this type of thing. But, this was from a core piece of the flow.

Then, later, while browsing / searching via Google a pop-up came on about the machine being in a state of a comprising nature. I happened to have the speakers on since I deigned to watch a video (crap, did not tell me anything of value, no one reads anymore? - sheesh, give me text to read) on the subject - technical, by the way. A woman's voice broke into my awareness with a supposed message of concern.

So, I have my ways and means; I got the process trashed before it could do anything. But, it gave me pause. As when one is working and focused, one does not expect that a coworker would set up an unsafe mode. Not usually. If you work in an environment that is unsafe, then process and caution will help. OSHA, for one, deals with the proper way there.

So, thanks brothers and sisters who are providing the internet. Nice job. Lots to say here.

Slogan: We stay safe as we practice safe computing. But, we, too, need to identify the idiots and not allow them to make so much money (by the way, those with the most money are, sometimes, the dumbest from one very old, and respectable, view - but, then, it is an age-old set of problems that we are dealing with here).

Remarks: Modified: 01/09/2016

01/09/2016 --

Monday, January 4, 2016

Summary, 2015

In 2015, there were 14 posts.

See Summary, 2014. The "All time" reads are the same as last year. The "Last 30 days" reads are all of this year's posts.

Top 5 posts 

Prior years: 201120122013.

See "4th December" in 2010 and "Last post for 2008" (for Truth Engineering, this same post has been popular). 

Remarks: Modified: 01/04/2016

01/04/2016 --


Thursday, December 17, 2015

Mania and more

I never saw any of the these movies. And, I am starting to remember the mania at the first movie release (Star Wars). At the time, it seemed awful silly. Now, we're decades past, and it still seems so.

But, then, some made oodles of money. And, a whole lot of people have been entertained.

Soon after the original mania, a Defense Initiative got a "Star Wars" nickname. Remember that? Lots of folks were weighing on both sides of that argument. Then, the later '80s and early '90s sort of pushed that whole theme to the background.

And, now, we find that some naive views on security were way off base. The internet, for one thing, is a mess. Then, we can start to list ... (must we?). Let's just say, the cloud is muddy (no manna there).

When the first movie came out (we were all younger), I had just gone through a couple of years reading a bunch of science fiction. Of course, Asimov was high on the list of favorites. There are more.

But, I never went to a movie if I had read the book after doing it once. Like Paul Simon says, cannot beat the sweet little imagination. Hear that, Hollywood? Their quandary is that things have to rush to the bottom (real fast) in order to keep the titillation up.

Remarks: Modified: 12/17/2015

12/17/2015 --

Sunday, November 15, 2015

Quora II

Earlier, I mentioned Quora and getting involved (7-oops-7, fed-aerated, also truth engineering). Quora seems to have no end to subjects and questions. In many cases, the responses are world class.

Quants 
The image is from the FEDaerated blog and from a post on Quants. I did several posts here one the subject (Quants via 7oops7).

Yesterday, I got a comment in regard to my use of "Dismal Science" with regard to Economics (shocking truth?). Of course, I had my usage (very valid extension of the meanings). And, I see that there has been a lot of discussion on the web. So, we'll be picking that up here for a theme.

While looking at the commentator's Profile, I noticed that there were tens of these related to finance, including some on financial engineering (my earlier posts). Blogs are static affairs. One writes and can look at counts. Sometimes, there are comments. But, it's one-sided. Quora is more full in that several opinions can be expressed. That is, opinion meaning a viewpoint based upon assumptions and differences in understanding.

So, expect that there will be more here that ties these two paradigms.

Remarks: Modified: 11/16/2015

11/16/2015 -- Added link to this Question: What are the most shocking truths about macro economics at the global level?


Tuesday, September 29, 2015

Quora

Since late July, I have been using Quora. It is a means for questions to be posted. Then, people answer. See related posts on Truth Engineering.

One answer pertinent to this blog is this: How-could-Googles-new-logo-be-only-305-bytes-while-its-old-logo-is-14-000-bytes/answer/John-M-Switlik

Also, this answer is the most read, to date.

Remarks: Modified: 11/15/2015

11/15/2015 -- Good look at the downturn (my response).