Quote :: That's because we're uncool..

Lester Bangs: That’s because we’re uncool. And while women will always be a problem for us, most of the great art in the world is about that very same problem. Good-looking people don’t have any spine. Their art never lasts. They get the girls, but we’re smarter.

Thanks to jayson for the quote!

rePost :: The Big Picture » Blog Archive » Top 10 Hedge Fund Managers 2009 Salary

I’m in the wrong business!

The top 25 earners were paid a collective $25.3 billion. The lowest earner on the list earned a puny $350 million — a shanda! — making it embarrassing to even show his face at the country club. (What a loser).
Here’s your top 10 list:

Top Earning Fund Mangers
1.David Tepper, Appaloosa Management
Est. 2009 personal earnings: $4 billion
2. George Soros, Soros Fund Management
Est. 2009 personal earnings: $3.3 billion
3. James Simons, Renaissance Technologies
Est. 2009 personal earnings: $2.5 billion
4: John Paulson, Paulson & Company
Est. 2009 personal earnings: $2.3 billion
5: Steve Cohen, SAC Capital Advisors
Est. 2009 personal earnings: $1.4 billion
6. (tie): Carl Icahn, Icahn Capital
Est. 2009 personal earnings: $1.3 billion
6. (tie): Edward Lampert, ESL Investments
Est. 2009 personal earnings: $1.3 billion
8. (tie): Kenneth Griffin, Citadel Investment Group
Est. 2009 personal earnings: $900 million
8. (tie): John Arnold, Centaurus Advisors
Est. 2009 personal earnings: $900 million
10. Philip Falcone, Harbinger Capital Partners
Est. 2009 personal earnings: $825 million

All data, NYT, Absolute Return + Alpha.com
via The Big Picture » Blog Archive » Top 10 Hedge Fund Managers 2009 Salary.

rePost :: What you can learn from a lousy teacher… :: Seth's Blog:

Mediocre teachers make for mediocre students. See a lot of teachers who are simply put in basketball terms mailing it in. I don’t begrudge them this because A people eventually break free from the bondage of mediocrity of surroundings, it just takes a little longer. I suspect my views of teachers have been colored by watching Mr Holland’s Opus too many times!

What you can learn from a lousy teacher…
If you have a teacher (of any sort) that you cannot please, that you cannot learn from, that is unwilling to take you where you need to go because he is defending the status quo and demonstrates your failure on whatever report card he chooses to use, you could consider yourself a failure. Or you could remind yourself…
1. Grades are an illusion
2. Your passion and insight are reality
3. Your work is worth more than mere congruence to an answer key
4. Persistence in the face of a skeptical authority figure is a powerful ability
5. Fitting in is a short-term strategy, standing out pays off in the long run
6. If you care enough about the work to be criticized, you've learned enough for today
via Seth’s Blog: What you can learn from a lousy teacher….

rePost :: I-Witness documentary wins Peabody Award – Nation – GMANews.TV – Official Website of GMA News and Public Affairs – Latest Philippine News

I-Witness documentary wins Peabody Award
04/01/2010 | 10:27 AM
Ambulancia de Paa, an I-Witness documentary that showed how a mountain community worked as a team to transport the seriously ill through rugged mountain trails, has just won the prestigious George Peabody Award, the awards’ board announced on its web site Wednesday night.
Among 36 annual winners of the award, Ambulancia de Paa “memorably chronicled how residents of a poor, remote town can only get their sick and injured to medical care using the ‘ambulance on foot,’ woven hammocks that they carry over dangerous terrain,” according to the Peabody Awards site.
via I-Witness documentary wins Peabody Award – Nation – GMANews.TV – Official Website of GMA News and Public Affairs – Latest Philippine News.

Ponder :: Sonia Sotomayor Has Pursued Her Calling :: Ben Casnocha: The Blog:

ditto. Read the whole thing!

These profiles give an authentic glimpse of a style of life that hasn’t yet been captured by a novel or a movie — the subtle blend of high-achiever successes, trade-offs and deep commitments to others. In the profiles, you see the intoxicating lure of work, which provides an organizing purpose and identity. You see the web of mentor-mentee relationships — the courtship between the young and the middle-aged, and then the tensions as the mentees break off on their own…. You see the way people not only choose a profession, it chooses them. It changes them in a way they probably didn’t anticipate at first.
… Sotomayor’s life also overlaps with a broader class of high achievers. You don’t succeed at that level without developing a single-minded focus, and struggling against its consequences.
via Ben Casnocha: The Blog: Sonia Sotomayor Has Pursued Her Calling.

Things To Ponder :: Do You Want a Family or a Calling? :: Ben Casnocha: The Blog

Damn, think I’ve made this choice already, sadly subconsciously.

I believe the unvarnished reality about work-life-balance is this: the only people who successfully follow an all-consuming, high-impact professional calling are: a) either single or married to a someone who has a “career” (or less) and not a “calling” and, b) do not have kids.
The most effective men and women of this variety tend to be married to a comparatively passive partner (this does not mean objectively passive) because marriage boosts happiness, and do not have kids.
Yes, there are plenty of exceptions, but that's what they are: exceptions. Yes, Lewis's distinction is too rigid, but it's to make a point.
Many men, including some of Silicon Valley's most famous, do their “calling” early in life and then “career” later in life with kids. Men have the luck of being able to organize their lives in a way that this can work. Women, not so much. Damn biological clock.
via Ben Casnocha: The Blog: Do You Want a Family or a Calling?.

rePost :: Notes from an Insomniac: A conversation with Noynoy by Lila Shahani

I also appreciate the types of bills he has filed: they are clearly reform-oriented in very overarching ways. It comes as no great surprise that Noynoy became a strict fiscalizer in his time, focusing more on accountability in government appropriations and spending than anything else. Among the measures he pushed for were greater restrictions on exemptions to the requirement of public bidding and strengthening legislative oversight over executive spending. He also sought to tighten congressional oversight on the executive’s use of public funds.
More importantly, if one studies the actual bills he filed and the quality of thinking that has gone into what are clearly pro-reform views, what is more striking is how many of them were not passed. How is it that none of these (arguably stellar) initiatives — on PNP reform; an increase in penalties for corporations and work establishments not compliant with minimum wage; the banning of reappointments to the Judicial and Bar Council; the prevention of reappointments and bypassing of the Commission on Appointments; real property valuation based on international standards; and superior responsibility for senior military officers, who are ultimately responsible for their own subordinates — had been passed? Had they been blocked, I had to ask? These were after all not the kind of trivial initiatives one might associate with certain legislators, for instance, and could certainly have benefited the country as a whole…
Noynoy agreed with my reading, noting that the job of an effective legislator goes beyond merely proposing laws. After all, legislators have the responsibility to ensure that the checks and balances system in our government is at work as well. But he had clearly pitted himself against the administration in a score of privileged speeches that questioned the government’s alleged human rights abuses (with respect to the desaparecidos, informal settlers, marginalized groups and extrajudicial killings). He has also continued to question the misuse of public funds (ZTE-NBN, “Euro Generals” and Fertilizer Fund, etc.). So it wouldn’t be entirely surprising if he had rubbed the administration the wrong way, which would certainly explain why so many of his initiatives never saw the light of day. Clearly, he would have been threatening to many in the establishment, which further sheds light on why he was stripped of his post as Deputy Speaker for Luzon after he called for GMA’s resignation at the height of the “Hello, Garci” scandal…
via Notes from an Insomniac: A conversation with Noynoy by Lila Shahani.