Archive for March 8th, 2012

March 8, 2012

The Intelligent Investor

Benjamin Graham

The Intelligent Investor by Benjamin Graham, first published in 1949, is a widely acclaimed book on value investing, an investment approach Graham began teaching at Columbia Business School in 1928 and subsequently refined with David Dodd. Value investing generally refers to buying securities whose shares appear underpriced. Graham’s favorite allegory is that of Mr. Market, an obliging fellow who turns up every day at the shareholder’s door offering to buy or sell his shares at a different price. Often, the price quoted by Mr. Market seems plausible, but sometimes it is ridiculous.

The investor is free to either agree with his quoted price and trade with him, or ignore him completely. Mr. Market doesn’t mind this, and will be back the following day to quote another price. The point of this anecdote is that the investor should not regard the whims of Mr. Market as a determining factor in the value of the shares the investor owns. He should profit from market folly rather than participate in it. The investor is advised to concentrate on the real life performance of his companies and receiving dividends, rather than be too concerned with Mr. Market’s often irrational behavior.

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March 8, 2012

Utne Reader

food fight by jason seiler

Utne Reader [ut-nee] is an American bimonthly magazine, which collects and reprints articles on politics, culture, and the environment from generally alternative media sources, including journals, newsletters, weeklies, zines, music, and DVDs. In addition, the magazine’s writers and editors contribute books, film, and music reviews and original articles which tend to focus on emerging cultural trends. The magazine’s website produces ten blogs covering politics, environment, media, spirituality, science and technology, great writing, and the arts.

The magazine was founded in 1984 by Eric Utne and Nina Rothschild Utne. Utne Reader was part of the salon movement of the 1980s, devoted to debate on the issues of the day, and was an early source of coverage of the mythopoetic men’s movement when it surfaced in the early 1990s. Every year, the magazine gives out its Utne Independent Press Awards, which honor alternative and independent magazines from around the world. Past winners include the ‘Wilson Quarterly,’ ‘In These Times,’ ‘Virginia Quarterly Review,’ and ‘High Country News.’

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March 8, 2012

Obesogen

new american diet

Obesogens are foreign chemical compounds that disrupt normal lipid metabolism, which can lead to obesity.

Obesogens are functionally defined as chemicals that inappropriately alter lipid homeostasis and fat storage, change metabolic setpoints, disrupt energy balance, or modify the regulation of appetite and satiety to promote fat accumulation and obesity. The term obesogen was coined by Bruce Blumberg of UC, Irvine. The topic of this proposed class of chemical compounds and how to counteract their effects is explored at length in the book ‘The New American Diet.’

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March 8, 2012

Spherical Cow

Spherical Cow

Spherical cow is a metaphor for highly simplified scientific models of complex real life phenomena.The phrase comes from a joke about theoretical physicists: ‘Milk production at a dairy farm was low, so the farmer wrote to the local university, asking for help from academia. A multidisciplinary team of professors was assembled, headed by a theoretical physicist, and two weeks of intensive on-site investigation took place. The scholars then returned to the university, notebooks crammed with data, where the task of writing the report was left to the team leader. Shortly thereafter the physicist returned to the farm, saying to the farmer ‘I have the solution, but it only works in the case of spherical cows in a vacuum.’

It is told in many variants. In Russian, it is called a spherical horse in a vacuum, from a joke about a physicist who said he could predict the winner of any horse race to multiple decimal points – provided it was a spherical horse moving through a vacuum.The point of the joke is that physicists will often reduce a problem to the simplest form they can imagine in order to make calculations more feasible, even though such simplification may hinder the model’s application to reality.

March 8, 2012

Venn Diagram

euler

venn

Venn diagrams are diagrams that show all possible logical relations between a finite collection of sets (aggregation of things). Venn diagrams were conceived around 1880 by John Venn. They are used to teach elementary set theory, as well as illustrate simple set relationships in probability, logic, statistics, linguistics and computer science. Venn diagrams normally comprise overlapping circles. The interior of the circle symbolically represents the elements of the set, while the exterior represents elements that are not members of the set.

For instance, in a two-set Venn diagram, one circle may represent the group of all wooden objects, while another circle may represent the set of all tables. The overlapping area or intersection would then represent the set of all wooden tables. Shapes other than circles can be employed as in Venn’s own higher set diagrams. Venn diagrams do not generally contain information on the relative or absolute sizes (cardinality) of sets; i.e. they are schematic diagrams.

March 8, 2012

Game Over

game over man by vincent carrozza

Game Over is a message in video games which signals that the game has ended, often due to a negative outcome – although the phrase sometimes follows the end credits after successful completion of a game. In certain uses; particularly during conversation, ‘Game Over’ is sometimes shortened to the first two letters: ‘GO’ with each letter pronounced individually. The phrase was used as early as the 1950s in devices such as electromechanical pinball machines, which would light up the phrase with a light bulb.

Before the advent of video game consoles and personal computing, arcades were the predominant platform for playing games which required users to deposit a token or coin into an arcade game machine in order to play. Players would usually be given a finite number of lives (or attempts) to progress through the game which when expended would usually result in the display of the message ‘Game Over’ indicating that the game had ended. The phrase might also be followed by the message ‘Continue?’ and a prompt asking the player to insert additional tokens to prevent the game from terminating and allowing the player to continue their progress.

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March 8, 2012

Dimensions of Dialogue

Jan Svankmajer

Dimensions of Dialogue (Czech: ‘Možnosti dialogu’) is a 1982 Czechoslovak animated short film directed by Jan Švankmajer. It is 14 minute long and created with stop motion. The animation is divided into three sections:

‘Exhaustive discussion’ shows Arcimboldo-like heads gradually reducing each other to bland copies; ‘Passionate discourse’ shows a clay man and woman who dissolve into one another sexually, then quarrel and reduce themselves to a frenzied, boiling pulp; and ‘Factual conversation’ consists of two elderly clay heads who extrude various objects on their tongues (toothbrush and toothpaste; shoe and shoelaces, etc.) and intertwine them in various combinations.

March 8, 2012

Jan Švankmajer

Bilderlexikon Zoologie

Jan Švankmajer [shvank-mai-er] (b.1934) is a Czech filmmaker and artist whose work spans several media. He is a self-labeled surrealist known for his surreal animations and features, which have greatly influenced other artists such as Terry Gilliam and  the Brothers Quay. An early influence on his later artistic development was a puppet theater he was given for Christmas as a child. He studied at the College of Applied Arts in Prague and later in the Department of Puppetry at the Prague Academy of Performing Arts.

He contributed to Emil Radok’s film ‘Doktor Faust’ in 1958 and then began working for Prague’s Semafor Theatre where he founded the Theatre of Masks. He then moved on to the Laterna Magika multimedia theatre, where he renewed his association with Radok. This theatrical experience is reflected in Švankmajer’s first film ‘The Last Trick,’ which was released in 1964. Under the influence of theoretician Vratislav Effenberger Švankmajer moved from the mannerism of his early work to classic surrealism, first manifested in his film ‘The Garden’ (1968), and joined the Czechoslovakian Surrealist Group.

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March 8, 2012

PES

pes

PES (Adam Pesapane) is a director and animator of numerous short films and commercials. He uses everyday objects and stop-motion animation to create short films such as ‘Roof Sex,’ and ‘Western Spaghetti.’ An early influence on PES’s animation style is the work of Czech surrealist Jan Švankmajer. PES’s first animated film, ‘Roof Sex,’ features two life-sized chairs having sex on a New York rooftop. Though only a minute long, the film took 20 shooting days to complete. The war short ‘KaBoom!’ (2004) was instrumental in defining the artist’s personal style and approach to animating objects. The film features an atomic airstrike on a miniature city using children’s toys and festive objects such as gift bows, Christmas ornaments, and clown-head cupcake toppers.

In ‘Game Over’ (2006) PES recreated classic arcade death sequences (from the games Centipede, Frogger, Asteroids, Space Invaders, and Pac-Man) with familiar objects including muffins, toy cars, insects, pizza and fried eggs. The film was inspired by an interview with Toru Iwatani, the creator of Pac-Man, who said the original source of inspiration for the Pac-Man character was a pizza with a slice missing. In 2008, PES released his short ‘Western Spaghetti.’ The film shows PES cooking spaghetti (the hands in the film are PES’s) but all the ingredients in the dish are replaced with objects such as tomato pin cushions, rubber bands, rubik’s cubes, post-it notes, and bubblewrap, and all are brought to life through stop-motion animation.

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