Olivia takes some steps

This is my niece Olivia working on her walking. It’s amazing how quickly big things become little in our daily lives. I walk a lot, every day, but I know that it has been a very long time since I was this excited to take a few steps. It’s a nice reminder to take nothing for granted. I feel grateful for how easily I get around day in and day out.

Practically Speaking – Creative People Say Inspiration Isn’t All Luck – NYTimes.com

SUCCESSFUL inventors, entrepreneurs and writers say they are often asked where their big ideas came from. They will acknowledge that serendipity often plays a role. But equally as important, they say, is having an open mind — especially in tumultuous times like these. Big and small ideas are out there, they say, if you are looking for them.

Practically Speaking – Creative People Say Inspiration Isn’t All Luck – NYTimes.com

Practically Speaking – Creative People Say Inspiration Isn’t All Luck – NYTimes.com

SUCCESSFUL inventors, entrepreneurs and writers say they are often asked where their big ideas came from. They will acknowledge that serendipity often plays a role. But equally as important, they say, is having an open mind — especially in tumultuous times like these. Big and small ideas are out there, they say, if you are looking for them.

Practically Speaking – Creative People Say Inspiration Isn’t All Luck – NYTimes.com

Fred Wilson: America Needs A Turnaround Plan

“Tough times call for tough calls”…I really agree with everything Fred says in this post. I don’t really like to discuss politics too much simply because it never is a rational conversation. It seems to me most people are very religious in their approach to political discussions. By that I mean, they are never wrong and their viewpoints tend to rely more on their upbringing / past beliefs than facts of the situation. I try to be very logical and business oriented in my approach to politics. I think Fred does too, and that is why I like this post so much. He explains his perspective better than I could. check it out.

Fred Wilson: America Needs A Turnaround Plan

Warren Buffett on Charlie Rose

Warren Buffett spent an hour with Charlie Rose yesterday.  I highly recommend anyone interested in getting a better understanding of the current situation to watch this (along with some discussion on taxes, past bubbles).  Buffett really has a way of explaining things in an interesting, witty, and playful way, but even more importantly a way anyone can understand.  He is so even, it’s easy to see how he is able to not get pulled in by the greed on the way up, and not pulled down by the fear on the way down.  Right now we’re surrounded by fear, but he sees many opportunities.  Admittedly he doesn’t expect things to turn around tomorrow,  but he does feel very strongly in the prospects for the future.  It’s very likely that in 5 years people will look at GE at $22 a share and say “wow that was cheap.”  Anyway, spend some time to watch this.

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The Panic Of ’08: How Magazines Led Investors Toward Ruin

One thing I’ve learned over the last year is that you should never rely on magazine articles or ceo’s or (especially) wall street analysts for your stock picks. Question everything. Never take these articles or analysts recommendations at their word. Ignore them or challenge them, don’t buy because of them. Either do your own research (in your area of understanding) or buy index funds.

Gawker takes an interesting look at the flip and flop of financial magazine stock picks over the last year.

The Panic Of ’08: How Magazines Led Investors Toward Ruin