Category Archives: Uncategorized

Guest Posts (2) – Thanks

Still on vaca­tion, Dan Zam­bonini has been your host here on Lone Gun­man for the past week. While here, Dan pub­lished six items:

Trav­el­ling from Tokyo to Sydney and onwards to Mel­bourne over the last week I’ve had a little bit of time to pro­duce a few posts of my own.

This com­ing week I’ll be pro­du­cing some of my own post­s… but only a few. More guests posts soon.

Many thanks to Dan.

Guest Posts (2)

I’m away on vaca­tion, and last week Alex J. Mann took over Lone Gun­man for the week and pro­duced five thought­ful posts:

This com­ing week, your host is Dan Zambonini—a true Renais­sance man.

Dan is the co-founder of the excel­lent Box UK (“cre­at­ors of amaz­ing web apps” and much more besides) and not only has his own tag here at Lone Gun­man but also may be the source of more posts than any oth­er per­son.

Dan is a great per­son to fol­low on Twit­ter, and you can do that here. If you’re inter­ested in things web you should sub­scribe to Dan’s com­pany blog here, and if you love design, you should fol­low his per­son­al Tumblr-style blog here (where you can find fur­ther links to his many pro­jects in the side­bar).

On top of all this, Dan also helps to organ­ise some fine events around the UK. I spoke at one not too long ago (Ignite Cardiff) and now the first Ignite Lon­don is cur­rently lin­ing up speakers—one to watch.

Thanks to Alex and thanks to Dan.

Guest Posts (1)

Right now I’m in Japan. I’ll be stay­ing here for anoth­er couple of weeks before head­ing to south­east Aus­tralia for anoth­er few weeks. While I’m away your occa­sion­al Lone Gun­man fix will come from a selec­tion of fine guest writers.

For the com­ing week your host is Alex J. Mann.

Alex has his own tag here on Lone Gun­man thanks to the fol­low­ing posts:

As you can tell from per­us­ing the above posts, Alex is a recent gradu­ate, an entre­pren­eur, and a damn nice guy with brains to boot.

You can read more from Alex on his blog where he reflects on entre­pren­eur­ship, cul­ture and technology. As expec­ted, Alex is also on Twit­ter and you can fol­low him here.

That’s not all, of course: Alex’s fant­ast­ic Deli­cious book­marks can be seen and fol­lowed here, and you can find out more about Alex’s fant­ast­ic startup, AM Ana­lyt­ics, by head­ing here.

Join me in wel­com­ing Alex–my first ever guest author–by leav­ing com­ments on his posts.

Thanks to Alex and to you.

Risk Analysis Education

Ron Lieber of The New York Times asks, Could the cur­rent fin­an­cial crisis be breed­ing an entire gen­er­a­tion of risk averse traders?

Kev­in Bro­sious, a fin­an­cial plan­ner in Allentown, Pa., polled the stu­dents in his fin­an­cial man­age­ment class at DeSales Uni­ver­sity on the per­cent­age of their port­fo­li­os they would alloc­ate to stocks right now. The major­ity would put less than half in stocks; among their reas­ons were fear of job loss, lack of account­ab­il­ity on Wall Street and eco­nom­ic fears amp­li­fied by the news media.

The prob­lem with their approach, accord­ing to Mr. Bro­sious, is that by invest­ing con­ser­vat­ively they are prob­ably guar­an­tee­ing them­selves a smal­ler return and a more mea­ger stand­ard of liv­ing in retire­ment.

Or, as Robert N. Siegmann, chief oper­at­ing officer and seni­or adviser of the Fin­an­cial Man­age­ment Group in Cin­cin­nati, wrote to me in an e‑mail mes­sage, “Why would you con­sider tak­ing less risk NOW after most of the risk has already been paid for in the mar­ket over the past 12 months?”

[…]

So what kind of risk should you take on with the sav­ings you have left over? To Moshe A. Milevsky, […] risk should have less to do with the era in which you live and more to do with what you do for a liv­ing.

On the top­ic of reas­on­able risk assess­ment, the UK Pro­fess­or of the Pub­lic Under­stand­ing of Risk, Dav­id Spiegel­hal­ter, believes it may be time to teach risk lit­er­acy as part of the main­stream aca­dem­ic cur­riculum.

“I regard myself as part of a move­ment we call risk lit­er­acy. […] It should be a basic com­pon­ent of dis­cus­sion about issues in media, polit­ics and in schools.

“We should essen­tially be teach­ing the abil­ity to decon­struct the latest media story about a can­cer risk or a won­der drug, so people can work out what it means. Really, that should be part of every­one’s lan­guage.”

As an aspect of sci­ence, risk was “as import­ant as learn­ing about DNA, maybe even more import­ant,” he said. “The only prob­lem is put­ting it on the cur­riculum: that can be the kiss of death.”

Like Schnei­er, this reminds me of John Allen Paulos excel­lent ‘mani­festo’, Innu­mer­acy.

Academic Earth

Aca­dem­ic Earth is the latest addi­tion to my grow­ing col­lec­tion of online lec­tures from lead­ing uni­ver­sit­ies around the world.

The site cur­rently includes lec­tures from Berke­ley, Har­vard, MIT, Prin­ceton, Stan­ford and Yale on top­ics ran­ging from Entre­pren­eur­ship to Law, and Eco­nom­ics to Psy­cho­logy.