Although launched less than two years ago, ChatGPT has made artificial intelligence accessible to the masses, transitioning AI from nerds-only tech to a mainstream audience. The extremely fast adoption of ChatGPT has ushered in a proliferation of additional large language models with real utility to businesses and individuals alike. According to ChatGPT itself, its top 10 use-cases are currently:...
The Fed announced a 50-basis point rate cut in September 2024. What does this mean? How is it done? Why was it done? What are the future implications? How should we think about this with regards to investing? These are the questions I aim to answer, perhaps controversially, in this article. Disclaimer: I have no idea what I’m talking about, and you should most definitely NOT make a financial or...
“Hey guys. Listen up. A plane has flown into the Trade Tower.” That’s all our trainer knew that morning. That’s all anyone knew at that moment. I had been working for Bear Stearns (London office) for about five months but we were in New York City for training during the infamous 9/11 attacks. “You might want to call your family and tell them you are OK. There’s a pay phone in the hallway. Class...
When our children were little, we replicated the time-honored tradition of putting the kids to bed each evening. Once the baby fell asleep, we would often close the door to attenuate household noises, especially the clamor of older siblings bustling about, lest we wake the baby. This brings us to a cardinal rule young parents learn quickly: Rule #1: Do NOT wake the baby. …especially late in the...
(An Introduction to Your Future Math Classes) An exceptional teacher is distinguished by a constellation of critical attributes. Among these include a mastery of the material, an innate desire to teach, a modicum of patience, a splash of pizzaz for entertainment, a creative approach to communicate concepts to various learning styles, an element of storytelling, and more. I had a professor in the...
When you work in groups, you can’t help but notice certain social dynamics within the group and between groups. Some groups are more serious. Some are more fun. Some groups are hyper efficient. Some take longer to get things done. Groups can do things that individuals can’t do alone. Consequently, at some point, most of us want to be part of a group, to share a collective aim with a collection of...
In 2012, I hired a Ukrainian web development firm. At the time, they had a dozen employees and offered an array of technical services my company needed. My initial project manager, Alexandra, was one of their company founders. She was ambitious, highly competent, and just as important, likable. As their company grew from 12 people to ~200 employees, Alexandra moved from project management for...
When I was little, I had an assortment of plastic toy animals – farm animals, a few dinosaurs, a giraffe, an elephant, and some others odd characters… the usual gang of creatures a young child might enjoy. And I did. This motley crew became the bedrock of an imaginary world that could occupy my mind and engross me in solitary play for extended periods. I don’t recall the various adventures my...
Numerous threats encompass a nation and a national psyche – some real, some existential, some external, some internal. In this post, I discuss a real internal threat, one of our own creation, completely under our control, but not under control – our national debt. Our nation’s enormous debt and persistent deficit spending significantly constrain our future economic options and form the...
“Should I go for 3-of-a-kind or the full-house?” I thought aloud. I was home from college for Christmas break. Between semesters. Final exams behind me. Eight family members gathered around the kitchen table to play Yahtzee (the dice game) at my grandparents’ house. I sat on the end of the table, closest to the door. To me, Yahtzee was an exercise in statistical probabilities mixed with pure...
Citizens often complain about taxes and government waste. If we suspected less of the latter, there might be less of the former. Yeah, maybe not. Anyway, in thinking about this, it occurred to me that while I have read summaries and commentaries on the U.S. Federal Budget, I had never read the Budget itself – the actual source document. To develop a more informed view, I read the Federal Budget...
This blog post has a purpose – to prompt young people to reflect on the qualities they aspire to find in a prospective life partner before they become entangled in love and feel they have found their future spouse. More than a decade ago, I meandered into an airport bookstore in Stockholm and, on a whim, purchased a book for my transatlantic flight. The book was titled Too Soon Old, Too Late...
Artificial Intelligence (AI) is all the buzz lately, and rightly so. I suspect it’s a bigger deal than you think. AI isn’t just some fringe, hypothetical Star Trek tech for geeks and nerds to drool over. Not any longer. Prediction – AI technology will creep into every facet of modern culture and will completely transform vast industries such that we will not recognize them in 10 years, perhaps 5...
I bought a 50 lbs. bag of rice at Sam’s six months ago for $20. I know, that’s a lot of rice. But it was cheap! This week, I was shopping at Sam’s again and saw the same rice product, priced at $26 per bag. That’s 30% inflation over 6 months! How does this square with the reported 12-month Consumer Price Index inflation rate of 6.0% (9.5% for food)? See chart below. I discussed this, in part, in...
I needed to test a new microphone. So, just to have something to say for the audio test, I began discussing potential & kinetic energy as a analogy to life… a thought I have been contemplating for more than a decade. I expected the idea would eventually be a written blog post, but I thought the initial rambling in the video was decent, so I just kept talking… for nearly 10 minutes. A...
The U.S. Treasury (plus the Fed) holds a lot of gold. I was curious about this, so I looked into it… so you don’t have to. How Much is a Lot? The U.S. Treasury currently holds 261 million Fine Troy Ounces of Gold (261,498,926 to be exact). The book value for this gold is recorded as $11 billion. If you’re not familiar with accounting, book value is NOT market value. Dividing $11 billion by the...
Summer. 2018. Sweden.
Lightning struck this tree, which subsequently toppled and almost fell on my wife’s head.
It is a strange thing to miss your own father’s funeral. Today is the second anniversary of my father’s death. He passed away while my family and I were in transit to visit family in Sweden. Mom waited until we had completed our first flight and were about to board our trans-Atlantic flight before telling me that Dad was nearing the end. Mom knew I would have stayed, had I known, and she wanted...
The Consumer Price Index (CPI) came out for May 2022, showing 8.6% inflation over May 2021. “Experts” claimed this was higher than expected. For the rest of us, inflation feels higher than 8.6%, when we visit the grocery store, go to lunch, or fill up at the pump. In fact, it’s difficult to name a product we regularly purchase that’s ONLY up 8.6%. So, where’s the disconnect between what leaves...
The kids and I used to wrestle on the living room floor when they were younger – when I was younger. All three were afforded the same wrestling opportunities, but Soren (my son) seemed to enjoy it more than his sisters. Boys sometimes have extra physical energy demanding an outlet. Because Soren was smaller than me, I wrestled with him down on my hands and knees. This enabled Soren to develop his...