Friday, June 28, 2013
The question is: WHY?
As I was passing the paper section at the Stop and Shop supermarket, I could not help but notice this product. Everybody uses, or should use, toilet paper. Not many people like it to resemble sandpaper on a roll and expect some modicum of softness, especially in America. But quilted? Were there people out there who were clamoring for the feeling that one gets when you use the drapes or bedspread for personal hygiene? Talk about a variation on the Scarlet O'Hara theme. And, it's 3- ply.
We have one of those water saving toilets that you have to flush 3 times for number 2. Or is it 2 times for number 1? Is there a number 3?. We are worried about government in the bedroom, what about government in the bathroom? And on top of that, you can't see what you're doing under the light of a 12 watt fluorescent CFC bulb. Maybe that's why you need three plies, in case you overshoot your target. It used to be so easy.
Thursday, June 27, 2013
The POWERFUL Dieases
No, not powerful as in “these will kill you in 24 hours” I
mean powerful as in “we are on the receiving end of more charity and
governmental dollars than the other guys” kind of power. The Big Kahunas of
disease are of course Breast cancer, Alzheimer’s, AIDS, and Autism, I shall deal
with these one at a time.
Breast cancer is a terrible disease that almost exclusively attacks women. I love the women in my life and I would never want them to
get this disease and if they did, I would want them to be cured. Their ribbon is pink. The “CURE” is dependent upon money for research
etc. Prostate cancer kills almost
as many men as Breast cancer kills women and is more prevalent, but nowhere
near as sexy. There is no Prostate cancer month and the government spends about
half as much on prostate cancer as it does breast cancer. Plus, what color would the
ribbon be, if there were one, brown? You wouldn't dream of telling women they should not get screening tests but men...take you time, what's the hurry?
Cancer sucks, and contributing for research to overcome this
group of diseases is a worthwhile endeavor. Oncologists are driven or drive themselves (never ask a barber if you need a haircut) to treat patients way too
long and for cases that they know are hopeless from day one.
There is a joke, if that is ever appropriate in cancer, that goes…”Why
do they put nails in coffins? To
keep the oncologists away.” The American Cancer Society works hand in hand with
cancer doctors and as the song goes “seldom is heard a discouraging word” when
it comes to chemotherapy until the final day. As a doctor, I think we owe patients the truth not a bunch of "where there's life there's hope."
AIDS "victims" keep looking for a cure as if it is some kind of
mystery where the disease comes from.
If I had a disease that came from doing carpentry, for example, I sure
as Hell would give away my hammer. I would start with prevention. And not accepting any kind of sexual rampage is OK. To add to it, the disease did not get the benefit of epidemiology and quarantine when it first started because it was re-classified as a "disability." Our friend "reclassification."
The psychiatric profession used to classify Homosexuality,
among other things, as a disorder but some time ago they voted to reclassify it
as a choice. They update a guide book to psychiatric disorders based upon
their latest meeting.
It would be as if we could reclassify Hepatitis as a decision to turn
yellow and therefore reduce the number of cases. OR, we could increase other conditions by the same method. That’s what
they did with Alzheimers and Autism.
They are two serious disease and when they are full blown versions they
are devastating. Unfortunately,
the specialists in those area have “discovered” (read: redefined) a spectrum of
Autism that includes all sorts of learning disabilities, with once distinct
names, once they found out there was virtually unlimited funding for Autism and charities there were few charities for lesser neurological or developmental disorders.
It seems that the Alzheimer’s folks have discovered this pot
of gold as well. Even in the absence of any hard laboratory tests or
“biomarkers” (high blood sugar in diabetes or high cholesterol in
cardiovascular disease are examples of biomarkers) or reliable physical findings of pre-clinical or
pre-symptomatic disease. There are no markers that doctors can use now to
establish the early diagnosis but the National Institute on Aging is working
overtime on it. So, the “pre-symptomatic” diagnosis would be “seat
of the pants” by its very nature.
I have recently been asked how a person would know if he was
just having a “Senior Moment” or being forgetful vs. whether they were getting
Alzheimer’s. The pre-clinical
stage is a SWAG (scientific wild-ass guess). This is when we think we might be getting it because we
can’t find our keys for the 5th time this week, or this day. Mild Cognitive Impairment (MCI) is a
clinical diagnosis based upon a group of observations and history. There is NO
certainty just a probability. In Dementia due to Alzheimer’s Disease, memory, thinking, and behavior
changes are classic. Specialized
scans and spinal fluid analysis can affirm the diagnosis but most well trained
doctors believe (as Justice Learned Hand said about when he could not precisely
define pornography) ”I know it when I see it.” The answer to everything in this field is “MORE RESEARCH”
with all that entails. In the mean
time, live a cleaner healthier life which has been considered a reasonable
preventive measure, and don’t worry, be happy.
Why should I care about Nelson Mandela?
Nelson Mandela was born in South Africa in 1918 which makes
him about 94 years old this year.
He has been very sick lately and by some reports might even be on life
support. He has been in the news a lot this week, possibly because our
president, who has African roots, will be visiting that continent at a cost to
American taxpayers of about $100 million (not counting Billions in foreign aid which will likely follow). Not a small amount. Just
think of the income taxes you paid last year and see how far this “big number
to you” goes toward making your country a better place when L. L Cool Prez
blows a hundred mil on his summer vacation at taxpayer
expense. Martha's Vineyard is so much cheaper (you don't hear that often).
Why should you or anyone else care about Nelson Mandela
other than as a curiosity, like you would any historic or biographic figure? Like Che’ Guevara? I really don’t
know. My life is no better as a
result of his time on this planet.
I tried to think of ways it might be but I came up empty. I couldn’t
find a solid reason to care any more about him than I cared about, say…Kurt Cobain. Mandela was President of
South Africa, not the one I grew up learning about in high school but the other
one, the post-apartheid one with the violence and crime.
In fact, the whole damn thing seems pretty
inconsistent. Here in America we
are supposed to be all enthusiastic about TSA and Homeland Security and be anxious to
line up to be frisked and have our phone calls and e-mails monitored for the good of all. We are taught obedience to our flag and to our government
and respect for the National Anthem.
Violently opposing the American Government, could be considered an act
of treason. Yet, in South Africa,
Mandela was arrested, convicted of sabotage and imprisoned for 27 years, where
he became the symbol for government oppression. There were good reasons to call him a terrorist and he was aligned with
anti-government interests. Like
our President, Mandela won the Nobel Peace Prize, but I can't tell why for sure. I
still don’t get why Mr. Obama won it, he had yet to do anything significant at
the time of its awarding, 15 milliseconds after his election. Some
would say he still has not. Maybe the
whole prize is just a popularity contest where leftists get to cast all the
votes.
Anyway, I love my country and wouldn’t want some
rabble-rouser overthrowing the government and changing the whole country to fit
a new model, which is what happened in South Africa. So, it comes around again to “Why do I care about this guy?” I don't and I wonder why the press is so invested in this story. They like big government more than most people do and Mandela's life work was overthrowing one. Just rebellion? Unjust? Who is the judge of that?
Wednesday, June 19, 2013
LIME GREEN POLYESTER LEISURE SUIT
When we charge out to the store to buy the latest fashion, the platform pole-dancer shoes, or whatever Vogue tells us we won't look good without, think back to those days in our past when we were absolutely sure we were "TOO COOL FOR SCHOOL" wearing items such as these, complete with the hair style, belt, and wide collar. More often than not the shirt was silk or rayon with a gaudy floral pattern. The car in the photo was a 1970 Mercedes so it was taken sometime in the mid to late 70s.
Sunday, June 16, 2013
Do what you love, Love what you do
If this chart looks interesting to you for reasons other than you convince yourself that you "might" make some money by knowing how to trade stocks, then go for it. Personally, it puts me to sleep. I have tried to do fundamental and technical analysis of stocks for a while. It is not ME. I enjoy investing in its many forms and have done so for decades, and there are opportunities for creativity in real estate, stocks, or whatever. Equity trading and the more "sane" longer term investing, can go right to the core of those who are good at it. It is in harmony with their spirit and they follow the axiom that I have used as the title to this post. In an attempt to be a partner and friend with someone who is very gifted at this and loves it, I bought the books, took the courses, and executed trades. I am not without skills and have made some money. I would rather trim hedges than be a hedge fund manager. I will have to be true to myself and do something I love more than "charts."
I have a portfolio manager who is doing exactly what he loves to do, and he has helped me, his client "Don't worry, make money". If I were to study the subject for 1000 years, considering I don't much love it, I will never know as much useful stuff as he knows. There is no substitute for mastery and the 10,000 hours needed to get it. And, if I ever get tired of trying to "Seek Alpha" (get better than market returns) with a manager, there are always Index Funds like Vanguard Total Market Index that ride the total ups and downs of the DOW, NASDAQ, S and P, etc. Over a lifetime, that is a generally good idea since the Dow, for example, is now at 15,000., and it was in the hundreds during my lifetime.
Anyway, this post is about doing what you love and not talking yourself into doing something because it is good for you, like Broccoli, or what Society thinks is acceptable and the "high ground" more traveled. We only get one life to live and to spend it doing what you don't love for some secondary gain like trading your life for money does not seem to be a good idea. Even the bible had something to say about this..."What does it profit a man to gain the whole world and suffer the loss of his immortal soul?"
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