not so miserable life!
From BBC,
Jose Mourinho says
living alone in Manchester has become a "bit of a disaster" and is
beginning to tire of photographers camped outside his hotel.
Mourinho, 53, has
been living in the city's Lowry Hotel since being appointed United manager
in the summer.
Yet the Portuguese
claims he is loath to venture out because of the persistent hordes of
photographers.
"I just want
to cross the bridge and go to a restaurant. I can't, so it's really bad,"
Mourinho told Sky Sports.
for 10 million pounds a season i would live in a different city too. His kids are 20 so no big deal. José use your time to work big time.
Doing something right in Japan!
More about Japan:http://thoughtmeme.blogspot.pt/2015/04/lets-be-more-japanese.html
Wednesday colection
People seldom do what they believe in. They
do what is convenient, then repent.
Bob Dylan
“The mind that opens to a new idea never returns to its original size.”
Albert Einstein (a German-born
theoretical physicist with wild hair and endless mind-opening ideas)
Within about fifteen
years of stopping smoking, your lung-cancer risk approaches that of a lifelong
nonsmoker. Your lungs can clear out all the tar buildup and, eventually, it’s
almost as if you never smoked at all.
Michael Greger, MD
With over $500 million of equity money raised already, Tri Alpha made a major breakthrough last year, using plasma technology to control the fusion reaction needed to generate power. While there is still plenty of work to do, Samberg told Real Vision in a recent interview that the firm is well on its way to its goal of producing clean electricity, without a steam turbine, for just pennies per kilowatt hour.
Business Insider
Stop pining for the good old days: This is as good as it gets … until it gets better.
It’s hard to find a measure of the quality of life in the U.S. that was not markedly lower in 1950 than it is today. In that year the median family income was $28,000, compared with $64,000 in 2013. Life expectancy at birth was 68 years, vs. 79 today, and tuberculosis, syphilis, whooping cough, and measles were still considerable killers—with prevalence between 10 and more than a hundred times today’s levels. One reason for poorer health was lower-quality housing: About a third of houses still lacked decent indoor plumbing (compared with fewer than 2 percent today), and air conditioning was a rare luxury. The homicide rate did climb in the 1960s and ’70s, but it has dropped since, and the 1950s level was higher than today’s. The year 1950 was also when the Korean War broke out—1.5 million American men were drafted to fight, and more than 36,000 died (five times the U.S. death toll in Afghanistan and Iraq).
Bloomberg
My comment: One day energy is going to be free! it's not far away. If you can stop smoking today after a bit (i stopped smoking Pipe in 2009) you don't miss it at all. I stopped smoking in the day my firm said no more smoking inside. I did't want to go down to the street to smoke. too much trouble. And finally yes the good old days were much worse than what we have now. and it's getting better.
you get what you pay for!
From WSJ, By ROB COPELAND
Steven A. Cohen is boosting the bonuses he pays to the top traders managing his $11 billion family fortune, but only if they beat the market.
The move is in some ways a return to the free-spending ways of Mr. Cohen’s former hedge-fund firm, SAC Capital Advisors LP, which stopped managing outside investors’ money after the firm pleaded guilty to insider trading three years ago.
It also reflects pressure on the hedge-fund industry to deliver better returns than benchmark market indexes. Mr. Cohen’s firm, Point72 Asset Management LP, doesn’t manage external money, but the billionaire filed documents this spring to set up a new firm that can eventually seek outside funds.
Point72 had been paying its stock pickers a fixed 20% bonus on investment returns regardless of how they performed against broader benchmarks. That meant they could be paid handsomely just for matching a rising market.
Under the new bonus system, Point72 will boost those payouts to as much as 25%, but it will only pay the top bonuses on so-called alpha, industry parlance that roughly translates to investment performance above a market benchmark.
I think if you pay for performance you will get what you pay for. However it's a good optionality to make a bonus if you do well and get zero if you do a lot worse!. The best system is of course some long term measurement. if you did very bad last year you have to come back before you can make a BONUS.
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