Category: Reading

  • “Bird School” by Adam Nicolson

    • Birds are literally afraid of being watched
    • Butterfly wing “eyes” are meant to scare birds
    • Nature needs a balance of occasional destruction with time to recover
    • Fuzziness is needed to imagine other lives
    • Wrens are very productive and promiscuous
    • Birds with big eyes can “see” the day earlier and so sing earlier
    • Bird eyes are huge!
    • They sing in a combination of preference and when there is room in for them in the acoustic space
    • “Singing is expensive”
    • Males tend to sing more often than females
    • Female robin sing to be fed; the longer the male ignores her the louder and closer to the border she sings
    • Owls auditory nerve runs by the optical center so they may “see” sound
    • Owls can’t see well in the dark (about the same as us), instead they rely almost entirely on sound and memory
    • Ravens evolved with us
    • Juvenile ravens roam in murders looking for food and new territories
      • They will mob resident crows to get their way, but only if they have the numbers
    • Bird perception is really high; eels are around 14 pulse a second, humans are 60, birds are over 100
    • Birds have two voice boxes with incredible precision
    • Parts of the brain that control song expand in the spring and contract in the fall
    • For some birds, they are born with a compass but have to learn the route
    • Song birds needs a little blue light (starlight) to effectively “see” the magnetosphere, leading to them migrating mostly at night
    • Bird feeders and houses reshape the local population to the birds who favor the food or are aggressive
    • The best way to promote native birds is to provide native food
  • “The Intelligent Investor” by Benjamin Graham

    • Don’t follow the market… Dollar cost averaging is the way to go
    • Adoption of a product does not mean long-term profit or success
      • Air travel took off but experienced such problems that it had very poor returns
    • Stocks are riskier the higher they go
    • Only buy stocks that you would be comfortable holding even if you can’t see the share prices on a daily basis
    • Specific patterns in the past do not hold up in the future
      • (Markets are inherently resistant to “hacking”)
    • There is a world of difference between “hindsight earnings” and real world earnings
    • Concentration makes the ultra-wealthy but not the regular-wealthy
    • Don’t keep all your funds at home
    • “All things excellent are as difficult as they are rare.” Spinoza
    • Never buy or sell immediately after a large movement
    • Strong performing mutual funds don’t last
    • Diversify!
    • Covering your downside is never worth giving up most of your upside
    • Fixed exchange rates are tempting but are very difficult to maintain
    • If Crypto currency succeeds, it will be co-opted by governments
  • “Our Dollar, Your Problem” by Kenneth Rogoff

    • The dollars reach is a unique oddity in history
    • Inflation is inherently a minor default
    • Seahawk movie
    • Currency exchange rates were based on USD
    • Other currencies are too thin to support large exchanges
    • Size matters but is not everything
    • The US attracts foreign investment seeking safer investments
    • We then invest in foreign markets for better returns
    • Europe’s low spend in defense allows it to spend much on social programs
    • Japan’s debt is really high
      • A weak Japan is not in the US interests
    • “This time is different”
    • If not on the Euro, Greece and Spain could have printed its own money to cover debt and might not have been trusted with so much debt
    • Central Banks speak to markets like owners speak to dogs, sentiment is more important than content
    • Asia is half of the USD block
    • Trade deficit is not as important as the saving/spending rate
    • China orchestrated worked migration to prevent over pressure
    • The IMF is judged on how well they match official numbers, not actual numbers
  • “The Sweet Spot” by Paul Bloom

    • Humans pursue pain to bring meaning to their joy
    • Persons kidnafpped by indigenous people in the “Wild West” would often go back to their kidnappers, but never the other way around
    • Pleasure and pain are not opposites
    • Horror junkies like feeling scared
    • The English word “happy” is broader than comparative words in other languages
    • More money brings more satisfaction but happiness plateaus
    • Thinking about the past and the present brings meaning but not happiness
    • We tend to try to balance hedonic experiences with pain
    • Thinking something is painful makes the actual pain less intense and we experience pleasure
      • It has to be brief
      • Not cause permanent damage
      • (Surprises are painful)
    • “Expensive signaling” is a way to show you are serious and willing to “pay” the price
      • Engagement rings are a good example, expensive and pointless
    • Boredom is pain signals for the mind
    • We get the same pleasure at watching people get justice as we do getting justice ourselves
    • Thinking hard does not burn any more glucose than thinking relaxing
    • The most taxing brain exercise is opening one’s eyes
    • Mental exhaustion is a way to help compel one to look for other things to do with one’s life
    • Most engaged people are clergy, military, librarians
    • Don’t focus on being happy to be happy
  • “Cross Purposes” by Jonathan Rauch

    • Christianity is on a quick, steep decline
    • Parishioners are bringing their politics to church with them
    • For liberals, the answer to “Who is in charge here?” should be “No one”
      • The system is not perfect but tends to get better over time
      • They are seen as godless
    • Making money is the only value on the rise while most other values are in decline, especially faith
    • The US Founders thought being virtuous would help make people more governable
    • Four foundations
      • Mortality
      • Morality
      • Murder
      • Miracles
    • “People have a perfect right to believe that we exist for a reason even if that reason is not scientifically provable. We are, of course, not entitled to believe whatever we want.”
    • Being ubiquitous does not make it inherently right
    • “Any unlikely natural explanation is inherently more plausible than a miracle.”
    • Democracy depends on religion that desires to support democratic society; Religion depends on a democracy that supports moral values
    • Liberalism is inherently anarchy-adjacent
    • Conservatives characterize liberality as too much freedom
    • Locke and others knew that there needed to be limited freedom for both persons and government
    • “Religion does best when it adapts to the needs of actual people”
    • We should move zeal out of politics and back to religion
    • “Evangelic” became synonymous with “conservative”
    • (true) Christianity can be summed as
      • Fear not
      • Imitate Christ
      • Forgive each other
    • “Christian nationalism” is not religious but political
    • “We are to be governed by laws, not individual people”
    • ‘What we gain by accepting what is already de facto law is insignificant compared to what we gain by working together’
    • We should be navigating to increasing moral agency
    • Mormon theology drives its approach to politics, most churches are the other way around
    • “You can’t beat something with nothing”
    • Many churches are missing “adults” to help keep the church in the spiritual realm and out of politics
    • Christians should avoid the “Church of fear”; “fear not” is the most common admonition in the New Testament
    • We should not pass laws “because Jesus said so” but we also shouldn’t be “allergic to religion”
    • De-escalation is a benefit in itself
    • Christians practices would be benefited if they realized they not in the promised land but are exiles