Monday, September 22, 2008

Necessity of nose

This blog's outlook is part of a triad. Of course, it is by no means sufficient, the nose, that is. We are multi-sensed and talented.

But, for now, if we look at current events, financial and product, from this means, perhaps a more full model will emerge.

We have to admit, though, that the old smeller can be very effective, hence it is the starting place.

Remarks:

12/13/2008 -- Much water has passed under the bridge. But, new types of revelations continue to arise.

Modified: 12/13/2008

Thursday, July 3, 2008

Nose and its peers

The thing is that we can pick the nose's view as interesting. Our observations seem to show its importance to certain species. Too, the good and the bad are easily discerned, for some, along this sense axis.

But, as we know, there are other axes (senses) that could bear equal weight in determining truth and not. One may even argue that a fully balanced entity (truthful) would collocate across all the spaces in what might be called the positive region.

Now, the focus to date has been more on the entity being evaluated, somewhat assuming that the nose is. Well, the nose may have a stroke and return awry results. That is, it may lead us to worse than the perdition path.

So, what are we to do? Therein lies one rub that has led to the modern, relativistic viewpoints. Therein lies another rub relating to the ease of misjudgment.

But, the problem, though not solvable, is manageable. That is the focus that we'll be taking, in a multi-sense framework, bowing to the nose, though, as it spawns such wonderful alliterations.

Sunday, June 1, 2008

Nose and fallacy

Since the nose, of any type, is the measures under our model, the question would always arise as to its ability in ferreting out the truth. That is, who knows whose nose knows best.

That power and money trump much is a telling tale. Somehow we need to bolster an independent view that cannot be brokered or bought.

The 'ludic fallacy' of Taleb points to one mode of discussion. Elsewhere, much has been said about abstractions and gaming, albeit that the latter is in the context of our financial world.

In terms of a program, one would think that levels of management, or involvement, would be characterized by different nose functions. For instance, that the CEO sees a different picture than does the program manager who has to deal with details of problems is obvious.

So, in determining truth, role needs some attention as well as do other factors.

In any case, the nose would tell us what stinks, mainly.

Wednesday, April 23, 2008

In defense of Nick

Oprah has been doing a weekly webcast using Tolle's book. The event is an example of things to come, technically. The book is touching a nerve across the world. Analysis about this will be an interesting topic for some time.

During the 4/21/08 webcast, a young guy, named Nick, asked about issues of practicality which is a good question. To some, Tolle's work may look to be 'navel' gazing; that is, we all don't have the luxury of being present (or receiving presents, we have to work) all the time (example: the Moscow guy already brought up the issue of having to handle the boss); there are things that have to be done in real-time where we need to show that being present contributes to efficacy.

Nick's comment about the cell-phone was right on. It may be working now, in the present. But, unless one takes action now to make sure that the thing is working in the future, it will not be working in the future. Nick's use of 'worry' in this case may have misdirected the discussion.

Tolle's response says that, yes, we need action, yet 'not to worry' is the key. Oprah noted that many think that being present leads to passivity.

Nick's question goes to the core of a hole in Tolle's approach. Since, this topic is of interest to truth engineering, let's look at that further.

Tuesday, January 22, 2008

Business and the nose

The Economist recently had an article about the 'salaryman' of Japan. Well, we know that the US has been trying to impose its worker-unfriendly methods on our partners, so the salaryman is being replaced by part-time workers who get nothing in the way of benefit, essentially creating a whole generation without the means to care for their future.

Gosh, are we proud of that or what?

Similarly, many have worked for US business and have had their dreams shattered at a point in their life where possibility of recovery was virtually nil not that an earlier point would be any more ethically palatable.

If one looks at the median income line for the US, it has flat-lined, in real terms, for the past few decades. Yet, during the same period (and in the same graph), note the top 5%. Looking at the top 1.5% is even more dramatic. That old thing of getting rich has really taken hold.

But, and this is a big but, many whose pockets are bigger are financial gamers. One wonders why this might be; well, not wonder, as the tools and systems are better leading to the inevitable exploitation of such; it's just that those who care and want to make things better can't seem to catch.

Well, the nose and truth engineering are apropos to this.

Remarks:

10/11/2011 -- Business has stunk for a long while. The protesters can smell the rankness.

Modified: 10/11/2011

Friday, January 18, 2008

Financial nose

It's obvious that we'll need this. However, there are many issues to address, such as motivation, measure, etc.

We can look at the general market issue or address specifics such as retirement (where the motive is not richness so much as moderate wealth (beyond sustenance)).

Remarks:

12/13/2008 -- Much water has passed under the bridge. But, new types of revelations continue to arise.

10/27/2008 -- Yes, things fell apart for several reasons: fiction, leverage, and more.

10/11/2008 -- It keeps getting more interesting.

08/24/2008 -- One example where we see a 9 to 1 increase off of $100K is equivalent to a reserve ration of 10% which can be considered a historically low figure for the reserve or a high multiplier. This notion is related to leveraging in the sense of creating something out of nothing from one view. Of course, as argued before, the lowering of the reserve ration goes hand in hand with increasing use of mathematics through growing computational prowess which can exacerbate the Minsky ponzi tendencies, as we've seen of late. If we're going to model the economy via computation, why not base it on some physical analog, like energy (no endorsement intended)?

Modified: 12/13/2008