Monday, September 30, 2013

The best predictors of success.

Passion and perseverance for long-term goals are the best predictors of success.

Dealing with even routine stresses makes you stronger.

Finish whatever you begin.

Fail and  pick yourself up again.

Immerse yourself in a discipline before you create in that discipline.

Sunday, September 29, 2013

How many people work in the U.S. Social Security Administration?

How many people work in the U.S. Social Security Administration?

62,343 workers work in the U.S. Social Security Administration

Friday, September 27, 2013

Who fights this inequality?

Who fights this inequality?

The average score for Wharton applicants on the standardized
 b-school entrance exam, the GMAT, rose seven points this
year, to a record 725 out of 800.

Top colleges requires
a SAT score of 2100 or above.

A GMAT score of 700 is comparable
 to a 2400  SAT.

The national mean SAT scores in 2013 were 491 for reading, 480 for
writing and 503 for math.

Wednesday, September 25, 2013

Marginal People or Smart People

Marginal People or Smart People

15% Of Americans Don’t Have Internet. 5% Think It’s Irrelevant.

According to  Pew Research Center


The richest people in the world don’t have an emergency fund.


The richest people in the world don’t have an emergency fund.



The median household income in the U.S. (around $52,000) would put you in
 the top 1% of earners worldwide.

About half of Americans don’t have an emergency fund that’d cover
 three months of expenses.

The state of America's competitiveness

The state of America's competitiveness

22 million corporations exist in United States
1,663,912 corporations exist in United Kingdom.

United States - population
313,914,040 (2012)

United Kingdom - population
62,744,081 (2011)

Corporations per capita in United States:
14.26882

Corporations per capita in United Kingdom:
37.70877366

Tuesday, September 24, 2013

The fighting about income inequality

The fighting about income inequality

How much money do congress members make?

 $174,000 a year

How much money do waiting staff make?

$17,400 a year

Monday, September 23, 2013

What do you need to thrive?

What do you need to thrive?

Brains and self-discipline to master tomorrow’s technology

Sunday, September 22, 2013

What is the best way to survive?

What is the best way to survive?

The best way to survive is to have a risk-taking attitude, and to be very tolerant of failure.

The best way to survive is to think you're going to win.

Why are commodity prices rising?

Why are commodity prices rising?

Because the Fed Keeps Printing $85 Billion per Month

Because the world is running out of food

Because campaign contributions come so much from the vested interests, the financial world, but more particularly the energy world.

Friday, September 20, 2013

Knowing versus Making

Knowing versus Making

During the 20th century making things was most important than knowing things.

In the 21st century knowing things is most important than making things.

In a highly competitive society the payoff of a service is greater than the payoff of a product.

Knowing leverages making. 

Wednesday, September 11, 2013

How the top earners break down

How the top earners break down

 Top 1%: incomes above $394,000 in 2012; Top 5%: incomes between $161,000 and $394,000; Top 10%: incomes between $114,000 and $161,000.

 Last year, the richest 10% received more than half of all income — 50.5%, or the largest share since such record-keeping began in 1917.

Tuesday, September 10, 2013

Why the overall savings rate today is 5.4%?

Why the overall savings rate today is 5.4%, the average since 1960 is 8.4% and it was 9.3% in the early 1980s?

Because the Federal Reserve is buying   85 billion dollars in bonds every month, the perfect tool for rising inequality.

Monday, September 9, 2013

What is a politician?

What is a politician?

A person who uses rhetorical tricks to disguise her/his limited skills.

Sunday, September 8, 2013

How to find stability

How to find  stability

Building  a skill set that allows you to control your own destiny.

Relationship between jobs and retirement.

 Relationship between jobs and retirement.


About 10,000 baby boomers turn 65 years old everyday.

 169,000 jobs were created in the past month.



Saturday, September 7, 2013

Tricks, IBM and health-insurance exchange

International Business Machines plans to move about 110,000 retirees off its company-sponsored health plan and instead give them a payment to buy coverage on a health-insurance exchange.

Health Insurance Exchange (HIX) is a federal or state-regulated marketplace/platform that allows small businesses and individuals to shop for health insurance plans; it allows them to compare various standardized plans and choose the one that suits their specific needs. Federal subsidies are available for the purchase of such plans through an exchange.


Thursday, September 5, 2013

Which are the states with lowest cancer rates in U.S.?

Which are the states with lowest cancer rates in U.S.?

Arizona
Colorado
Hawaii
New Mexico
Utah

Source:
National Cancer Institute

Tuesday, September 3, 2013

What do you need to compete?

What do you need to compete?

You need to know science, technology, engineering and math, and they are accessible but not fun.

Monday, September 2, 2013

How much cost to bomb Syria

How much cost to bomb Syria

The United States Navy has a stockpile of around 3,500 Tomahawk cruise missiles of all variants, with a combined worth of approximately US $2.6 billion.

$743.000 per  Tomahawk

700 Tomahawk were fired in Irak the first year and 110  in Libya.

400 Tomahawk are expected to be fired in Syria

400x$743.000= $297,200,000