Monday, June 18, 2007

Intellegence, Management and Government

The Becker-Posner Blog: Intelligence and Leadership--Posner
talks about the limited " versatility of combined general-specific human capital that a lateral entrant brings to a high level government job of a managerial or advisory rather than technical character." In other words smart people might just be bad managers for three reasons: 1) intelligent people often neglect other traits of good management and rely only on intelligence, 2) logical reasoning does not always provide the best way to solve political problems, 3) smart people often don't listen to staff who are not as smart as they are but might know more about a specific problem.

Thursday, June 07, 2007

Graphical display of Information

This is an interesting speech in regards both to its content (development) and presentation. Hans Rosling on stats and third world myths. Here is the site to play with the data yourself.

Tuesday, June 05, 2007

Long Short Equtiy secrets revealed

Many are really long only funds that lose money on shorts. As shorting is so difficult, a number of managers are shorting etfs.