The Big Picture

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• Tender Moments of Russian Dash Cams
• Brain on Stocks: Newport Beach May 10/11 2013
• The Van Halen Principle: Brown M&Ms
• Bernard Baruch: 10 Rules of Investing
• Pumpcast News: Prank turns couple into Internet sensation
• 10 Weekend Reads
• Steve Jobs 2005 Stanford Commencement Address

Tender Moments of Russian Dash Cams Posted: 12 May 2013 02:00 AM PDT Russian people have had the worst run of luck over the past few centuries — they have a reputation for being hardened. Here is a different perspective. via kottke

Brain on Stocks: Newport Beach May 10/11 2013 Posted: 11 May 2013 05:00 PM PDT This is the presentation from the Witte Lecture Series at Newport Beach Library in California:

The Van Halen Principle: Brown M&Ms Posted: 11 May 2013 03:00 PM PDT Brown M&Ms from Van Halen on Vimeo. Source: Wonkblog

Bernard Baruch: 10 Rules of Investing Posted: 11 May 2013 09:30 AM PDT "Being so skeptical about the usefulness of advice, I have been reluctant to lay down any 'rules' or guidelines on how to invest or speculate wisely. Still, there are a number of things I have learned from my own experience which might be worth listing for those who are able to muster the necessary self-discipline:   1. Don't speculate unless you can make it a full-time job. 2. Beware of barbers, beauticians, waiters — of anyone — bringing gifts of "inside" information or "tips." 3. Before you buy a security, find out everything you can about the company, its management and competitors, its earnings and possibilities for growth. 4. Don't try to buy at the bottom and sell at the top. This can't be done — except by liars. 5. Learn how to take your losses quickly and cleanly. Don't expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible. 6. Don't buy too many different securities. Better have only a few investments which can be watched. 7. Make a periodic reappraisal of all your investments to see whether changing developments have altered their prospects. 8. Study your tax position to know when you can sell to greatest advantage. 9. Always keep a good part of your capital in a cash reserve. Never invest all your funds. 10. Don't try to be a jack of all investments. Stick to the field you know best.

Pumpcast News: Prank turns couple into Internet sensation Posted: 11 May 2013 09:00 AM PDT Part 1 – The Tonight Show with Jay Leno via MSN

10 Weekend Reads Posted: 11 May 2013 06:30 AM PDT Pull up a chair, pour yourself a cup of joe, and enjoy our longer form reads: • The Money Shot: Mark Zuckerberg and Kevin Systrom on What Really Happened When Facebook Bought Instagram (Vanity Fair) • Turns out VCs are merely as lucky as Hedge Funds:  A Humbled Kleiner Perkins Adjusts Its Strategy (DealBook) • Math as Myth (Nautilus) • Foul-Weather Friends: Radical critique from an unexpected source — the head of currency trading at a major Wall Street firm (Jacobin) • Inside the MIT media lab (FT Magazine) • The Luckiest Village in the World (GQ) • How are humans going to become extinct? (BBC) see also Can Humans Survive? (Daily Beast) • The Invention of David Bowie (New York Review of Books) • How the GOP Congressional Gerrymander Encouraged their Crazies & Hurt the Party’s National Prospects (The National Memo) • The book that changed the world: Stewart Brand’s Whole Earth Catalog (theguardian) Whats up for the weekend?   New Leaders Drive the Bull’s Charge Source: Barron’s

Steve Jobs 2005 Stanford Commencement Address Posted: 11 May 2013 03:00 AM PDT Drawing from some of the most pivotal points in his life, Steve Jobs, chief executive officer and co-founder of Apple Computer and of Pixar Animation Studios, urged graduates to pursue their dreams and see the opportunities in life’s setbacks — including death itself — at the university’s 114th Commencement on June 12, 2005. Transcript of Steve Jobs’ address: http://news-service.stanford.edu/news… Stanford University channel on YouTube: http://www.youtube.com/stanford

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