It won the razzie for worst movie of the decade. Hilarious.
I didn’t realize it was a Scientology movie. Nor did I see it.
Doesn’t Elrond Hubbard sound like a wacko?
Speaking of Scientology, THIS is a must-see.
Among the ideas suggested for market expansion are expanding the lines of business covered to include risks such as workers compensation and liability risks and also allowing cat bonds to address broader geographical coverage rather than peril and location specific risks.
Is this cheap talk? We definitely get a lot of that in the (re) insurance business. It’s a mega competitive market and the only real way of innovating is by introducing new information that gives you an edge in evaluating risk.
AND THEN you need to be proven right in your risk evaluation, which can often take years, perhaps take too long, actually, for you to make any money on it.
What investors are saying is: give us the information we need to evaluate new risks. Well, shucks, wouldn’t we all like that…
Let me get to the big point here: You are what you do all day.
Think of it in terms of the Malcom Gladwell Outliers genius thing. 10,000 hours to become an expert, etc…
He’s got lots of stuff here. Even though the “who” should be “whom” in the title.
I dug through and I like the part on writing a great job description and on what the historical research on good employee selection tools are (general intelligence and some kind of work preview – like a sample test or trial period).
Arnold, you crazy guy
My theory of the ruling class is that it comes from the lower right quadrant. That is, people who are highly educated but lacking in useful skills. If you will, the suits are in the lower-right quadrant and the geeks are in the upper-right quadrant…
If it were not for the protection provided by credentialism and government employment, my guess is that many of those in the lower-right quadrant would have incomes no higher than those of people who are not college educated.
Reminds me a bit of what the difference is between people who make things and people who sell things. I think that’s an Eric Barkerism…
Physics has (d)evolved into a bizarre series of metaphors and perhaps only make sense if you have postgrad training in mathematics and can access the equations. Absolutely incomprehensible to me.
It’s a 600+megabyte monster, but it’s one of my favourite books and I always thought it would work really well as an audiobook.
If the population density of the United States was equal to that of Brooklyn, the entire US population would fit into New Hampshire.
h/t tyler cowen
Not Unreasonable 