Wednesday, October 19, 2011
Manipulation
Commodification and Profit
Saturday, September 10, 2011
Don't Sit Down
Friday, September 9, 2011
Easy Money
Making money doesn't have to be that way; there are many more honest ways to profit, e.g. horse trading.
Back in the day when you actually had to buy an animal to ride people with the right knowledge and a sharp eye could see value in horses others didn't. Perhaps someone didn't realize that the animal acted skittish in the barn due to an irrational fear of cats but behaved perfectly otherwise. It takes a good eye and experience to separate the salesman's lies from genuine bargains. Several years ago I bought an American Strat. for super cheap from Guitar Center because I realized that the neck needed a truss rod adjustment. It played funny in the store, but I realized the fix would take no time at all. I needed one so I bought it new cheaper than you can buy one on used on eBay now. The other suckers passed this one over and paid hundreds more for the exact same thing because they couldn't diagnose the problem.
In case you're a guitar player you know that eBay has a lot of guitars up for sale. This really marks the commodification of the guitar market. It's great because you can search completed auctions as well as current ones. You can see what prices similar items sold for, or that the exact instrument you are looking did even not get bid on last week. In monetary terms something is only worth what someone else will give you for it and almost any instrument you can name has an actual price that others have paid and would pay in the future. This type of visibility defines the market value.
However, eBay falls down when it comes to horse trading. No way anyone can get a close enough look at the instrument to make an independent judgment. That means you have to take it as a commodity, and like horses, every one is different. Let the buyer beware, you can buy junk that looks ok in pictures.
Monday, August 22, 2011
Decisions Wear You Down
Here is an interesting article on how making decisions costs you energy and willpower. If you make a lot of decisions at the same time, like choosing among 56 interior colors for your new car, the theory says you will run out of energy to make other choices. Willpower turns out to be a choice, and a potentially difficult one at that; resisting that piece of cake requires a lot of effort. People that work in jobs filled with a constant stream of difficult decisions come home exhausted and don't have enough energy left over to hold out. Not really fair that glucose restores mental energy and helps willpower. Once you've eaten that cake it's too late!
Getting very hungry reduces willpower as well. I know that I can get short-tempered and snappy when I'm hungry. Grandma used to say "you'll feel better after you eat" and she sure was right. I act nicer, too.
Habit might be a saving grace in this regard. Forming the habit of running after work every day can make exercise the non-decision thing to do. Unhealthy choices would require more effort and happen less. But it takes time and willpower to gain good habits and that means a large reserve of mental energy. Perhaps using peer pressure and social obligation like having a running partner would be a more efficient way to build habits. Definitely organizing your life to conserve willpower sounds like a good idea.
Saturday, August 13, 2011
Running Time Conversion
Wednesday, August 3, 2011
Sir Paul
The second night we went to Goose Island and sat in the beer garden facing Wrigley so we could listen. It sounded great and was almost the same show. Plus, it was a heck of a lot cheaper!
Saturday, July 30, 2011
You Can Geek Out on Anything
The great thing about the video is that you can tell how totally into it he is. Geek.
