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Swimming with dolphins
Those of us who grew up watching Flipper understand the transformation that the dolphin – human relationship has had over these few years. The second most intelligent creature on Earth (some actually say the most) became an object of admiration and most water zoo-parks around the world have some kind of cetacean show. I never knew or bother to ask where do all these dolphins come from? This weekend I saw The Cove, the audience award-winning film from Sundance 2009. A documentary that answers that question with a magnificent movie experience. Continue …
It is not about the gadget
Reading through my June 2009 Bicycling magazine – which I typically do cover to cover, ads and all – the article from the editor Loren Mooney caught my eye. The author does a great piece on how keeping logs has changed and the the amount of data available for the casual rider thanks to multiple cool gadgets in the market. Technology combined with biking, what can go wrong? I then ventured to find my first logs too. Although I will not reveal the content, I found out that keeping a log by hand did not work for me not only because I was not too good, but because I was – actually still am – lazy too. However, towards the end of 2008 I snatched the Garmin Forerunner 305® on a huge sell that couldn’t resist. Given my definition of good weather, I have been able to try it out a couple of times only and I now realize this is the only real way to create a log.
Stocks Suck!
We hear all the time that investing in stocks is the best way to grow your money in a passive way. Over the long run stocks have always outperformed other asset classes. hmm… let’s see: The Dow Jones Industrial Average (DJIA) closed at around 380 points on August 1, 1929 with a volume of some 3.8 million shares. 80 years seem like long term, right? $1000 invested in the DJIA on August 1, 1929 will be worth today, May 1, 2009 $21, 529 with a volume of around 10 billion shares. Pretty good. If we assume a 3% inflation rate for 80 years, it is equivalent to $2029 in 1929 dollars. The chart on top shows our inflation adjusted grand invested in August 1929, of course backwards. We doubled our money in 80 years! It doesn’t seem like a lot, now does it?
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