Friday, May 15, 2009

Stuff I read today

Today was a good day for finding interesting things to read about. And since I haven't posted in a while, it seemed like a good thing to share:

First, CR pointed me to this interview with Charlie Munger (the guy from Berkshire Hathaway who isn't Warren Buffet). I'm clearly biased, but I agree with his statement, "We don’t need all our bright engineers going into derivative trading and hedge funds..."

Next, a head-scratching story about a man who made a living writing about excessive mortgage lending, then took on too much debt to buy his house. Getting that vacation home didn't help things either.

Continuing the theme of wrist-slitting economic news, where else to go but to Prof. Roubini? For some thoughts about how your dollars will be worth less, and why you should be learning Mandarin, check out his op-ed piece in the Times today.

If all that depressed you, perhaps this Onion article will take the edge off...

Moving on, did you know that Michael Lewis' Moneyball is being made into a movie? This is odd for so many reasons, not the least of which is that this book doesn't really have a story--half the book is about how baseball statistics can be analyzed more thoroughly. But the movie is directed by Steven Soderbergh (wha?), Billy Beane is played by Brad Pitt (huh?), and several baseball players will be playing themselves. I have no idea how this movie is going to turn out.

Just for kicks, here's a weird photo somebody sent me.

Lastly, a great article from Sports Illustrated on Roger Federer and Rafael Nadal, and how this rivalry has drastically become one-sided. The mental aspect of this rivalry is the most intriguing--I loved the following observation:

The results have left Federer demoralized. "To Roger, Nadal's tennis is unorganized: big, loopy topspin forehands, that slice serve, now he's slicing his backhand, he's lefthanded -- [it affects Roger] mentally," Wilander explains. "When Roger's in his comfort zone, he's a serious fighter. But when he's not in it, he's not able to fight."


And not one of those articles was about football or the Patriots...