Thursday, October 30, 2014

How The Economic Machine Works by Ray Dalio

In this engaging and easy to follow animated video, hedge fund manager Ray Dalio explains how the economy works. You'll learn more about economic concepts like credit, deficits and interest rates, which will give you a good understanding about how the economic machine works.



To learn more, visit economicprinciples.org for Ray's podcast and research paper.


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Supercuts: The Laborious Task of Making Video Compilations


On Supercut.org, you'll find supercuts, video montages that consist of phrases, actions and cliches of similar characteristics, clips that usually have been collected from movies or TV shows. The result is repetitive and often hilariously funny.


This compilation of MIT Professor Walter Lewins' drawn dashed lines is just great fun:



Sony Crockett in Miami Vice uses the word "pal" alot. The YouTube uploader says, "The clips are just from the first season. There's only one episode (Nobody Lives Forever) where he doesn't say it.":



Featured video: A beautiful compilation of film director Darren Aronofsky's sound effect shots.


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McDonald's Cup Sizes Around the World

BuzzFeed collected McDonald's cups from different countries and this is how they compare:



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Will Oasis' Song Titles Help Bringing Back Stolen Band Portrait?


Greater Manchester Police is trying a different route in their work of bringing back a stolen black and white portrait of Oasis painted by artist Olga Tsarevska Lomax.


In a statement, they're quoting the title of the songs The Masterplan and Some Might Say, with the hope they're pleading to an Oasis fan:


Pc Katherine Gosling, said: "Quite what the master plan behind this theft is I don't know, but a local business has been broken into and a one of a kind piece of art work taken.


"This was the only piece taken and some might say we are therefore looking for an Oasis fan - similarly it may have been stolen to order. Regardless we are keen to find it and return it.


Featured image: The painting via BBC News.


Via NME.

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Wednesday, October 29, 2014

Bounty Hunting the Loch Ness Monster


In Dr. David Clarke's new book Britain’s X-traordinary Files, he reveals documents that show the National History Museum wanted to catch the Loch Ness monster and display its carcass. This was even on the agenda in the late 60's when Prince Philip wanted to enlist the Royal Navy in an attempt to catch the mysterious creature:


The documents, exposed by David Clarke in his new book Britain’ s X-traordinary Files, show that in March 1934 an unnamed official at the museum issued instructions to 'bounty hunters' on how to tackle the mythical creature.


He said: “Should you ever come within range of the ‘monster’ I hope you will not be deterred by humanitarian considerations from shooting him on the spot and sending the carcass to us in cold storage, carriage forward.


“Short of this, a flipper, a jaw or a tooth would be very welcome.”


The Royal Scottish Museum in Edinburgh didn't take this very lightly and wrote a letter to the Scottish Secretary Sir Godfrey Collins the same year, telling him, among other things, that “the museum urges strongly that the RSM have the reversionary rights to the ‘monster’ if and when its corpse should become available.”


Featured image: The famous Surgeon's Photograph from 1934 that is now considered a hoax.

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The Game of Kabaddi


Have you heard about the contact sport Kabaddi before? I hadn't until this morning. It's actually been around for centuries and is today hugely popular with millions of people watching the game on television:


A fighting game that Indian boys have been playing for hundreds of years has arrived on television screens and the Indian public is delighted.


[...]


Indian TV viewers are likewise wild about the sport. On the opening day of action of the national Pro Kabaddi League, 22 million people in India tuned in to the television broadcaster Star India to watch.


For comparison, this was ten times as many as the Indians who watched the opening match of the football World Cup in Brazil in June. In the initial weeks of broadcasts since the season opened, audience ratings have beaten every other sport except for cricket.


[...]


It's a breathless game, literally. In the Pro-Kabaddi version of it, the action takes place on a court about half the size of a basketball court. Two teams of seven players face off against each other.


Then a raider moves towards the opposing side where he must touch an opponent with some part of the body. However, the attacker may take only one breath of air beforehand. To prove to the judges that he is not inhaling, he must repeatedly call out out "Kabaddi! Kabaddi! Kabaddi!"


The opponents either try to avoid being tagged by the raider, or else, if they do get tagged, to catch him and prevent him from getting back to the mid-line before he has to start breathing again.


Often the rough-and-tumble play resembles rugby, with the raider being tackled or wrestled to the floor. After this raid has either succeeded or failed, it is the other team's turn to send a raider.


A point is awarded for each raider who succeeds in getting back to his half of the court. The team with more points is the winner.


Here is a BBC News coverage explaining the game and how it's done (unfortunately, no embed alternative).


Featured image: An Italian Kabaddi player (right) is tackled by a US opponent during the 1st Pearls World Cup Kabaddi Punjab 2010 tournament at Guru Nanak Stadium in Amritsar April 8. Photo by Narinder Nanu/AFP/Getty Images. Via Boston.com.

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Tuesday, October 28, 2014

Foodies Served McDonald's at a Food Expo

When visiting a food expo in Houten, Netherlands, the team from LifeHunters presented the visitors with an organic alternative to fastfood. But, here's the twist: the food specialties were cut-up pieces from McDonalds, nicely served.


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One Billion Dollars: In Numbers

If you had one billion dollars, you would be able to make a pretty hefty donation or gift without really having to see your bank account shrinking.


Byron Bernstein illustrates this in the following video:



Via Aplus.com.

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Wednesday, October 22, 2014

Desert Utopia: Mid-Century Architecture in Palm Springs


The small town of Palm Springs, was once the creative playground to several great architects such as William Krisel, E. Stewart Williams and Albert Frey.


In the film Desert Utopia: Mid-Century Architecture in Palm Springs by Jake Gorst, we get to see rare archival images and footage from this very special era, together with interviews with some of these great architects, homeowners and historians, and learn more about the preservation issues that face the region today.



Featured image: The Tramway Gas Station designed by Albert Frey and Robson C. Chambers. Via Modern Design Interior.

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Hedge Fund Manager Ray Dalio's Principles


Ray Dalio, president of hedge fund Bridgewater Associates, runs his business in a manner that's new to me. Three years ago, Ray wrote down a set of 295 principles, which now serve as signposts for his employees:


Mr. Dalio's basic philosophy is what he calls "hyper-realism," a notion that brutal honesty, no matter how uncomfortable, yields the best results. Principle No. 8: "There is nothing to fear from truth....Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right."


At Bridgewater, being truthful also requires being a bit ruthless. Employees aren't allowed to talk critically about someone unless the person is present. Principal No. 11: "Never say anything about a person you wouldn't say to him directly. If you do, you are a slimy weasel." If an employee breaks the rule three times, they can be fired.


"Most people actually love this rule,'' says Mr. Dalio.


Recordings of company meetings are stored electronically in what some employees call a "transparency library," and many can be listened to by any of the firm's 1,000 employees.


[...]


At a recent staff meeting in a Bridgewater conference room, Mr. Dalio blasted a department head who admitted he'd given an employee a better performance rating than he deserved. "Telling me what I want to hear creates a sugar addiction," said Mr. Dalio, who was wearing chinos, boat shoes and a company name badge with the word "Ray" in big letters.


You find a copy of his principles here.


Featured image: Via Dealbreaker.

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