Big Data: Counting What Counts

Through the use of fiber optic technology, we can take all of the data from every quarterly report of every company that’s ever been listed on the New York Stock Exchange since its inception and transmit it from New York to Los Angeles in less than three seconds.  The question three seconds later is: What do you know?  What have you learned?  What action should you take? In the book Money Ball, Billy Beane got his edge by looking at data in...

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Change…It Can Be For the Better

Technology has wrought massive changes in autos and healthcare and can potentially change your money decisions…hopefully for the better. Fueled by scientific research, medical advances have produced new and better ways to promote and restore our health.  Bloodletting, for example, a trusted practice for some 2,500 years, has been replaced with treatments that often produce better results. Technology has helped on another front.  The National...

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It’s the Fraction That Matters

Peter Vidmar was the captain of the gold medal winning US Men’s Olympic Gymnastics Team in 1984 in Los Angeles.  Peter earned one silver medal and two gold medals in gymnastics and scored a “Perfect 10” on the pommel horse as he led the team to their dramatic and stunning win against the favored People’s Republic of China.  A few months ago, I got to spend a few hours talking with Peter Vidmar just after his return from Beijing where...

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The Weakest Link

The show “The Weakest Link” tapped into a basic human fear of lacking importance and not being good enough to be included in the community.  Being the weakest link provides a certain freedom.  I know because I am the weakest link. When I played music for a living, being surrounded by musicians who were better players than me helped the band sound its best.  For me there is a freedom in acknowledging the talents and strengths of those...

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One More Zero

Imagine what would be different in your life if you woke up this morning and your portfolio and your net worth had one more zero – at the end?  Or two more zeros.  If your net worth changed overnight from say, two million to twenty million dollars? Jim Rohn, the business philosopher said, “The major question to ask on the job is not what are you getting. The major question to ask on the job is what are you becoming?”  At...

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The KFC Principle

Tom Peters said, “What gets measured gets done.” There is an amazing thing that happens when you start measuring something.  Weight Watchers uses this principal and helps people produce tremendous results.  Successful coaches, teachers and trainers use this principal to help people bring out the best in themselves. Around the world KFC is one of the most recognizable consumer brands.  But KFC can stand for more than Kentucky Fried...

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