Wednesday, November 28, 2012

The difference between the business of living and the business of life

I see the business of living being what you do on a daily basis.

The business of life is what you make out of your life in its totality.

"The Mystery of Things"

Been re-reading Muggeridge's Jesus Rediscovered. Inspired and inspiring writing.

In our lives we go about our daily business...our regular routines...the norm.

Like a dream that we half remember, and want to remember more, we sometimes catch a glimpse of those fleeting things, and want to capture them, but cannot fully hold on. Those heavenly visions. Those inspirations. Those touches.

Only to come back to earth and be subsumed once again into our daily bread.

Tuesday, November 20, 2012

How The Industry Has Changed

Stage 1. Stock broker. Modus operandi: stock picking (wizard behind the curtain: sell side research).
Stage 2. Financial advisor. Modus operandi: mutual fund picking - picking the pickers (wizard behind the curtain: institutional stock pickers).
Stage 3. ETF picking - picking your index (wizard behind the curtain: index makers).

The stages are cumulative and not mutually exclusive.

And so we have an environment today where there are stock brokers recommending stocks for individual clients, financial advisors picking mutual funds and ETFs for individual clients, mutual fund managers picking stocks for their investor pool, ETF marketers packaging indexes for their investor pools, and individual investors picking and choosing from all options available.

Thursday, November 15, 2012

A Book I'd Want To Read

I reckon this is a good book idea.

Need to think about this a little.

An account of the origins, the people and the ideas behind our modern mindset and culture, and how those ideas became embedded in our modern belief system.

Example
The idea of social justice.
Modern fatalism and nihilism.
Deterministic materialism.
Humanism.
Secular liberalism.
Existentialism.
Being and becoming.
The social contract.
Identity.
Origins.
Rationalism vs scientism.
Utilitarianism vs evolutionary naturalism.
Pragmatism.
Idealism.
The role of the state.
Collectivism v radical individualism.

Wednesday, November 14, 2012

Finding a job is like selling a house

It often takes a long time.
You only need one buyer.
There is often a lot of negotiation and tire kicking.
You've got to spruce things up a bit.