Price versus Value

I must first confess that although my nerd/geek credentials are solid, I hold a Master’s Degree in Managerial Economics.  Oddly, your fields of study and your career warp your thinking.  When I was managing 7-11 stores I thought in terms of inventory, rack spacing, sales turn and shrinkage (product shrinkage not the kind you are snickering about).  When I received my electronic engineering degree and worked on avionics systems, it was voltage, current, flow, resistance, capacitance and reaction.  When I received my degree in Computer Science, it was all input, processing, output, feedback.  With economics it was all about maximizing your utils by matching marginal costs with marginal demand.  These studies have to a degree hard-wired my brain.

Price-vs-Value-Adelante-Live

Culture has the same effect on us all.  The constant stream of advertising and consumerism has created a sense of price but has neglected value.  I used to try to explain to my wife the difference between price and value when I was managing portfolios.  For instance, price of a stock can go down because of factors in the overall market and rumors.  The value of the stock may be higher.  People can take their capital away from a sector or the whole market due to unrelated circumstances.  If a company still has great sales, products, or even assets, it is worth more than its price.  Once I owned stock in a company with stock valuation less than the auction price of its plants, land and equipment.  Basically, if the company never made another dime, it could have liquidated and been worth more than its price.  Other times companies look like they have great prices – for instance penny stocks – but are not worth it.  A company in the red and going under is worth a negative amount and a penny per share is too much.

price-and-value

So it is with my life.  I used to chase the almighty dollar and a big part of me still wants that.  I learned that my wife, kids, friends, dogs and pursuit of writing are higher in value.  Still, there is that constant cultural nagging for me to jump back in and make the big bucks.  I was thinking about this as I dusted off the top of one of my comic book boxes.  It is a long skinny white box made specifically for storing them.  I have some really nice X-Men, Wolverine, Cable, Superman and other comics in there from twenty years ago.  I put them all with backing, special plastic slips and rigid upright dividers.  I plan to reread them and I realized how anal and OCB I am about it.  I am not willing to get any stain or crease in them.  My kids, adults now, probably have horrible memories about having to read the comics on a flat clean surface and turn the pages just so in order not to crease them.

comic books

The funny thing is that I have no intention of ever selling them and I never bought any collectibles as an “investment.”  Even so, I am compulsive about keeping them in mint condition.  I value my collections of books, comic books, postage stamps, figurines and sports cards completely with their emotional and sentimental value, but still society has implanted this thought that I must preserve them so their price will be high.  Strange.

My older relatives were upset when I was just a child because my Grandfather gave me his extensive stamp collection.  Think early American stamps – like all of them – in this collection.  His own sons wanted them bad.  Why did he give them to me, just a little kid?  In his words, “I know Michael will never sell them.”  It’s true.  I’m over 50 now and still have every stamp.  I’ll never get rid of them.  My goal is to find someone who loves them as much as me and pass them on.

stamp collection

Thinking about these things in detail is how I remind myself to focus on value, not price.  To focus on a good life, not a financially wealthy one.  It surprises me how hard it is to walk away from a life that was literally killing me with stress and producing no legacy.  I was leaving footprints on the beach only to be washed away by the next wave.  I know this has been a rambling post, but I hope it will help to inspire and remind you as well to pursue the things that are important to you and resist the mindset created by consumerism.

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Artists stencil 9,000 bodies onto Normandy beach to mark Peace Day

Haunting reminder of millions of lives lost in war as artists stencil 9,000 bodies onto Normandy beach to mark Peace Day

  • British led project covered the famous coastline in poignant silhouettes
  • A team of 500 artists and volunteers contributed the moving installation
  • The ‘fallen’ were left to be washed away by the tide at the end of the day

By AARON SHARP

PUBLISHED: 08:05 EST, 23 September 2013 | UPDATED: 12:20 EST, 23 September 2013

A pair of British artists have created this stunning installation of 9,000 silhouettes on a D-Day Landings beach to mark international Peace Day.

The project, named, ‘The Fallen’ is a tribute to the civilians, German forces and Allies who lost their lives during the Operation Neptune landing on June 6, 1944.

The design was the brainchild of Jamie Wardley, 33, and Andy Moss, 50.

Together with a team of volunteers the pair travelled to Arromanches beach, Normandy, to create the silhouettes, which were individually drawn into the sand.

Peace Day tribute on the Arromanches beach of NormandyMoving: The Peace Day tribute is a poignant reminder the thousands who died during Operation Overlord

D-Day tributes on the Arromanches beach, NormandyConcept: According to artists Jamie Wardley, 33, and Andy Moss, 50, the idea behind the piece was to create a visual representation of loss on an unimaginable scale

 

Those taking part made the shape of a person by putting down a stencil and raking the surface to create a distinctive figure.

The shapes were then left to the mercy of the tide which washed away the ‘fallen’ after around four and a half hours.

Speaking of the idea behind the project Wardley said: ‘The Fallen is a sobering reminder of what happens when peace is not present.

‘The idea is to create a visual representation of what is otherwise unimaginable, the thousands of human lives lost during the hours of the tide during the Second World War Normandy landings.

‘People understand that so many lives were lost that day but it’s incredibly difficult to picture that number.

D-Day tribute created by artists on the Arromanches beach in NormandySand men: The team of artists and volunteers created 9,000 of the shadows which were eventually reclaimed by the sea 

D-Day tribute on the Arromanches beach in normandyTeamwork: The project was originally made of 60 people, but after locals learned about the tribute they quickly joined in

 

D-Day tribute on the Arromanches beach in normandyLending a hand: By the end of the day it is estimated that 500 people had chipped in to create the stunning beach art

 

‘You could see the horrific casualty of war when you stood on the cliff looking down at the beach.

‘Watching the tide come in and wash the bodies away was symbolic of all the lives lost in all wars, not just during the Normandy Landings.’

Veterans and families, including some who have lost loved ones in recent conflicts have been involved in the project.

Wardley, who has been working with partner since 2009, said: ‘We turned up to the beach with a team of 60 people but by the end we had over 500 people taking part.

‘There were people from all over the world who had heard about the event and travelled all the way to France to take part.

D-Day tributes on the Arromanches beach in NormandyUnity: Operation Neptune is remembered as one of the great showings of wartime unity as the Allied forced launched their assault on Nazi occupied France

 

D-Day tribute on the Arromanches beach, NormandyReclaimed: The installation was designed so that the sea would wash over the bodies and wipe them from the beach in a moving reminder of the tragedy of war

 

Artists Andy Moss, right and Jamie WardleyAchievement: Artists Andy Moss, right and Jamie Wardley, left said they hoped their art would remind people of the value of peace.

‘There were others who happened to be walking by and wanted to get involved.

‘It showed that people from all over totally understood the message behind it and I found it very overwhelming.

‘Some people told us that they had lost family in the Second World War and others said they had lost loved ones in Afghanistan and wanted to pay a tribute to them.

‘We finished all the stencils at about 7.30pm and everyone gathered and waited for the tide to come in.

‘The last silhouette was washed away at about 10pm and it was incredibly moving.”

Read more: http://www.dailymail.co.uk/news/article-2429903/Peace-Day-Reminder-millions-lives-lost-war-artists-stencil-9-000-bodies-Normandy-beach.html#ixzz2fxxYUOE3
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Funny Signs, Headlines and Stories

For your mid-week enterntainment:

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True Elegance and Beauty

Audrey Hepburn and Grace Kelly – class.  I hope and believe had they lived today they would be the same elegant women they were in their era.  In a world with Lady Gaga, Madonna, Britney Spears, Lindsay Lohan and Miley Cyrus twerking, will we ever see a scene of such elegance and beauty again:

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Christina Bianco – Impersonates 18 Singers in Song

In case you haven’t seen this viral video yet, Christina Bianco impersonates 18 different divas as she does a cover of Total Eclipse of the Heart.  Following this video, she appeared on various national shows.  She has a pretty amazing ear and vocal range.

Christina Bianco

http://thechive.com/2013/08/14/christina-bianco-does-total-eclipse-of-the-heart-as-18-different-divas-video/

More of her:

http://www.youtube.com/user/omegalyle76

Bianco_Christina_b16_ret1

 

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California college bars student from handing out copies of Constitution

California college bars student from handing out copies of Constitution

Published September 19, 2013

FoxNews.com
  • modesto.jpg

    Robert Van Tuinen was stopped from passing out copies of the Constitution at Modesto Junior College.

The Constitution guarantees the right to free speech, but don’t try to pass out copies of it at Modesto Junior College in California.

A student at the school who tried to pass out pocket-size pamphlets of the very document that memorializes our rights got shut down on Sept. 17 – a date also known as Constitution Day.

Campus authorities told 25-year-old Robert Van Tuinen, who caught the whole thing on videotape, he could only pass out the free documents at a tiny designated spot on campus, and only then if he scheduled it several days in advance.

“Watching the video is a combination of depressing and nauseating, to see what rigamarole students have to go through just to express themselves on campus,” said Robert Shibley, senior vice president of the Foundation for Individual Rights in Education (FIRE), which has taken on campus speech codes around the nation.

Van Tuinen, who said he’d read up on the school’s regulations and expected to get chased away from outside the student center, went to FIRE with the video. The foundation penned an email letter to the school’s administration on Van Tuinen’s behalf early Thursday, but Shibley said there had been no response later in the day.

“Watching the video is a combination of depressing and nauseating, to see what rigamarole students have to go through to express.”

– Robert Shibley, Foundation for Individual Rights in Education 

A spokeswoman for the college tells FoxNews.com that students and the general public are permitted to pass out materials in areas on campus that are generally available to the public, as long as they do not disrupt the orderly operations of the college.

“In the case of the YouTube video, it does not appear that the student was disrupting the orderly operations of the college and therefore we are looking into the incident,” Modesto Junior College Marketing and Public Relations officer Linda Hoile said.

In the video, Van Tuinen is confronted by an unidentified campus police officer within minutes of passing out the pamphlets. When he protests, he is told “there are rules.”

“But do you know what this is?” he asks. “What are the rules? Why are the rules tied to my free speech?”

Van Tuinen explains that he wants to start an organization called Young Americans for Liberty.

“That’s fine, but if you’re going to start an organization like that you have to go through the rigamarole,” the police officer tells him.

“It was a tense situation,” Van Tuinen, who is from Modesto, told FoxNews.com. “To be told I can’t do something as basic as handing out the Constitution was frustrating.”

Eventually, the police officer escorts Van Tuinen into an administrative office, where an unidentified woman shows him a binder with rules she says govern free speech on campus. She explains that there is a designated place “in front of the student center, in that little cement area,” where free expression is allowed, but then notes that two people are already using it.

“You’d have to wait,” she says. “You could go on (Sept.) 20th, the 27th or you can go into October.”

Eventually he is advised to make an appointment with Brenda Thames, vice president of student services, who can explain the policy.

Shibley said he was angered by the video, but not surprised.

“One of the revealing things about this particular case is what students have to go through just to express themselves on campus,” Shibley said.

He said the very idea of speech codes on campus ought to be troubling to Americans.

“They are imposed in an attempt to sanitize the public space of anything that might offend somebody,” he said. “The fact is, no school specifically needs a speech code. They have the ability keep order on campus . Of people are too loud, harassing people, or blocking traffic they have the means to address that.”

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Skeleton of ancient prince reveals Roman life

Skeleton of ancient prince reveals Roman life

By Rossella Lorenzi

Published September 23, 2013

Discovery News
  • 1.tomb.jpg

    Italian archaeologists have unearthed a 2,600-year-old intact Etruscan tomb that promises to reveal new depths of one of the ancient worlds most fascinating and mysterious cultures. (ROSSELLA LORENZI)

  • 5.breathless.jpg

    The archaeologists were left breathless by what they found inside. (ROSSELLA LORENZI)

The skeletonized body of an Etruscan prince, possibly a relative to Tarquinius Priscus, the legendary fifth king of Rome from 616 to 579 B.C., has been brought to light in an extraordinary finding that promises to reveal new insights on one of the ancient world’s most fascinating cultures.

Found in Tarquinia, a hill town about 50 miles northwest of Rome, famous for its Etruscan art treasures, the 2,600 year old intact burial site came complete with a full array of precious grave goods.

“It’s a unique discovery, as it is extremely rare to find an inviolate Etruscan tomb of an upper-class individual. It opens up huge study opportunities on the Etruscans,” Alessandro Mandolesi, of the University of Turin, told Discovery News. Mandolesi is leading the excavation in collaboration with the Archaeological Superintendency of Southern Etruria.

A fun loving and eclectic people who among other things taught the French how to make wine, the Romans how to build roads, and introduced the art of writing into Europe, the Etruscans began to flourish around 900 B.C., and dominated much of Italy for five centuries.

Known for their art, agriculture, fine metalworking and commerce, the Etruscans begun to decline during the fifth century B.C., as the Romans grew in power. By 300-100 B.C., they eventually became absorbed into the Roman empire.

Since their puzzling, non-Indo-European language was virtually extinguished (they left no literature to document their society), the Etruscans have long been considered one of antiquity’s great enigmas.

Indeed, much of what we know about them comes from their cemeteries. Only the richly decorated tombs they left behind have provided clues to fully reconstruct their history.

Blocked by a perfectly sealed stone slab, the rock-cut tomb in Tarquinia appeared promising even before opening it.

Indeed, several objects, including jars, vases and even a grater, were found in the soil in front of the stone door, indicating that a funeral rite of an important person took place there.

As the heavy stone slab was removed, Mandolesi and his team were left breathless. In the small vaulted chamber, the complete skeleton of an individual was resting on a stone bed on the left. A spear lay along the body, while fibulae, or brooches, on the chest indicated that the individual, a man, was probably once dressed with a mantle.

At his feet stood a large bronze basin and a dish with food remains, while the stone table on the right might have contained the incinerated remains of another individual.

Decorated with a red strip, the upper part of the wall featured, along with several nails, a small hanging vase, which might have contained some ointment. A number of grave goods, which included large Greek Corinthian vases and precious ornaments, lay on the floor.

“That small vase has been hanging on the wall for 2,600 years. It’s amazing,” Lorenzo Benini, CEO of the company Kostelia, said.

Along with Pietro Del Grosso of the company Tecnozenith, Benini is the private investor who has largely contributed to the excavation.

Although intact, the tomb has suffered a small natural structural collapse, the effects of which are visible in some broken vases.

Mandolesi and his team believe the individual was a member of Tarquinia’s ruling family.

The underground chamber was found beside an imposing mound, the Queen Tomb, which is almost identical to an equally impressive mound, the King’s Tomb, 600 feet away.

About 130 feet in diameter, the Queen’s Tomb is the largest among the more than 6,000 rock cut tombs (200 of them are painted) that make up the necropolis in Tarquinia. Mandolesi has been excavating it and its surrounding area for the past six years.

Both mounds date to the 7th century B.C., the Orientalizing period, so called due to the influence on the Etruscans from the Eastern Mediterranean.

According to Roman tradition, Demaratus, a Greek from Corinth, landed in Tarquinia as a refugee in the 7th century BC, bringing with him a team of painters and artisans who taught the local people new artistic techniques.

Demaratus then married an Etruscan noblewoman from Tarquinia, and their son, Lucumo, became the fifth king of Rome in 616 B.C., taking the name of Lucius Tarquinius Priscus.

The story emphasizes the importance of Tarquinia as one of the most powerful cities in the Etruscan league.

Indeed, the two imposing mounds would have certainly remarked the power of the princes of Tarquinia to anybody arriving from the sea.
According to Mandolesi, the fact that the newly discovered burial lies a few feet away from the Queen’s Tomb indicate that it belonged to one of the princes of Tarquinia, someone directly related to the owners of the Queen’s Tomb.

“The entire area would have been off limits to anybody but the royal family,” Mandolesi said.

“In the next days we are going to catalogue all the objects. Further scientific tests will tell us more about the individual and the tomb,” Mandolesi said.

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NASA sees Han Solo on planet Mercury

NASA sees Han Solo on planet Mercury

Published September 23, 2013

news.com.au
  • Han Solo on Mercury 1.jpg

    Is this Han Solo? The picture on the left, returned by NASA’s Messenger probe to Mercury, suggests Jabba the Hutt may have stashed his recalcitrant smuggler’s carbonite-encased body on the inferno planet closest to our Sun. (NASA)

  • Han Solo on Mercury.jpg

    A rock formation on Mercury looks suprisingly like Han Solo encased in carbonite, NASA joked recently. (NASA/JOHNS HOPKINS UNIVERSITY APPLIED PHYSICS LABORATORY/CARNEGIE INSTITUTION OF WASHINGTON)

A photo of the surface of the planet Mercury has set astronomers giggling with what appears to be Star Wars’ hero Han Solo — frozen in carbonite.

The picture, released by the Messenger spacecraft division of NASA, shows a formation in the terrain of the Caloris basin “in the shape of a certain carbonite-encased smuggler who can make the Kessel Run in less than 12 parsecs.”

“If there are two things you should remember, it’s not to cross a Hutt, and that Mercury’s surface can throw up all kinds of surprises,” the NASA website posted.

The region of Mercury’s surface was shaped by magma ejected during the formation of the Caloris basin. The body-shaped lumps may be remnants of what was there before.

The Messenger spacecraft is the first sent in to orbit the inferno planet closest to our Sun. During its two years of operation, it has so far taken more than 150,000 images as well as many other sensor readings.

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Insult to Injury

Nowadays, it’s not easy being a Raider fan.

Growing up in California I had a distorted view of sports fandom.  My college team was the UCLA Bruins under Coach John Wooden.  They won 11 National Championships.  My baseball team was the Oakland A’s with Reggie Jackson, Sal Bando, Gene Tenace, Rawley Fingers, Catfish Hunter, Sal Campenaris, etc.  They won championships.  My pro-basketball team was the LA Lakers with Wilt Chamberlain, Jerry West, Gail Goodrich, Elgin Baylor, etc.  Later with Kareem Abdul Jabbar, James Worthy, and Magic Johnson.  They won championships.  My football team was the Oakland Raiders, the silver and black attack, just win baby, pride and poise.  First Darryl Lamonica then Kenny Stabler, Fred Biletnikof, Double O Otto, Otis Sistrunk from the University of Mars, Hubbard, Pete Banaszak, Marcus Allen, Cliff Branch, John ‘Big Red’ Madden as head coach and so many more.  They won championships.  Even my high school, the Monache Marauders were undefeated for six consecutive years in wrestling.  I was on East Yosemite League championship teams in basketball.

The Dream Team

The Dream Team

You can see I was used to my sports teams always winning.  I didn’t really understand being a fan of a losing team.  My college alma mater is the University of Oklahoma.  We kind of have a good history in football, basketball and baseball as well.  In fact, the Oakland, then LA, then Oakland again Raiders closed the 1980s with the highest win percentage of ANY team in history in ANY sport!  That’s right.  The Raiders were the team of the century – no one could rival their franchise win percentage.  They won the Super Bowl in 1976, 1980 and 1983!  That last one was thirty years ago…sigh…

So now I have proven I am not a bandwagon or a fair weather fan.  The last winning season for the Raiders was 2002, some eleven years ago.  They can’t seem to get a quarterback and they really suck.  Still, I get depressed when they lose.  Another downside of losing is that they don’t show them on TV much anymore.  So they appear tonight on Monday Night Football against the hated Denver Broncos with horse-faced Elway, the once hated rival now their General Manager.  Don’t get me wrong, I really like Peyton Manning, and I don’t have anything against the people, but given the Broncos vs. Raiders rivalry of the past, I see orange and it makes me see red.

I know they are going to lose.  10 of the 11 starting Raider defenders were not on the team last year.  Their offense is all new including the QB, offensive line and receivers.  The RB, Darren McFadden is unhappy and quite frankly can’t even fall down and get a yard.  Peyton Manning picked them apart and could have run up the score even more if he had tried.  Instead, they were nice enough to run a lot and use up the clock.

raiders

But the insult to injury?  The officiating was terrible!  Don’t get me wrong, if the game had been closer from good calls, Peyton Manning would have tried harder and beat the stuffing out of us.  Still, why the bad calls?  Examples:  The Raiders get a first down on a very early drive.  They are called for ‘offensive pass interference’ of all things.  They show it in slow motion – nothing.  Then they call some ticky-tack defensive pass interference calls on the Raiders.  The very next drive, they show in slow motion a Bronco holding and slapping a Raider receiver out of bounds while trying to catch the ball, well before the play, never looking back at the ball, and it is a no call.

The referees failed to reset the time clock after a play, so they left the Raiders with less than 25 seconds, not 45 seconds.  The Raiders complained, the referee saw it but did nothing, and the Raiders had to use a time out.  On a Bronco running play, the pulling guard is clearly holding onto the tackler from behind and pulling on him while he tackles the Bronco runner.  No holding call?  The calls were so one-sided it was shocking.  The time clock thing always favors the home team a bit, but over 20 seconds off a 45 second clock?

The Raiders were totally outclassed and would have lost big anyway, but come on refs, enough already.  Just because the Broncos are better doesn’t mean they get all no calls and the Raiders get cheated.  Give us a break.  What is even worse, my daughter and son are…choking back tears…Denver Bronco fans.  There, I said it.  I have not failed as a fan, but somehow that part of parenting I failed.

 

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11 of the world’s best new skyscrapers

11 of the world’s best new skyscrapers 

SEPTEMBER 19, 2013

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