Such a cute robot!

Isaac Asimov was perhaps the premier author of science fiction featuring robots and created one of the premiere robotic concepts, the Three Laws. So I’m glad to read that Honda has a robot named Asimo, a four foot high humanoid, in his honor. Asimo rang the bell to open trading on the NYSE today, celebrating Honda’s 25 years as an NYSE-listed stock.

picture of Honda's Asimo

I’m not the only ’83 USC J-School grad out of work

Galen Gruman, a friend and classmate of mine, is the subject of Wired’s article What’s a Wireless Editor to Do? Galen was the editor of the suddenly defunct M-Business magazine, a CMP Media publication. My sister, who just got a new publishing gig herself (congats, Jo), also got left in the lurch by this company when her Network VAR magazine was shut down a couple of years ago. Anyway, Galen was a pretty cool guy back in the school days and worked on some of the seminal VideoText projects back in the ’80s. What a small world!

Glazers, I updated my resume

Joel and Ed, in case you’ve come looking in response to yesterday’s invitation, I updated my resume. Actually, I didn’t do it for you guys but to make my technical background clearer to staff and independent recruiters who might come looking for a Product Manager, Business Development Manager, or Technical Support Manager. I have solid enterprise Ecommerce and Internet experience and would be a good match if your product is aimed at or requires enterprise developers. I speak their language, I work well across functional lines, and as this website shows, I know how to communicate.

Football coaching merrygoround: Glazers, I am available to be your GM

The Farce in Florida continues unabated, as Mark Kreidler points out in Bucs are making Notre Dame look good. Not to mention that Oregon coach Mike Bellotti is letting people know quietly that he “is very happy, though, with his current situation.” In other words, don’t bother calling. And he’s getting this message out in response to rumours that the team may call him.

Glazer Brothers, I just want to let you know that I am interested in being hired as general manager of the Buccaneers, as I read that your are about to come to a parting of the ways with Rich McKay. Although I don’t have any direct experience, and my dad wasn’t one of the greatest football coaches of all time, I have been a huge football fan since childhood and I am smart and learn fast. Also, I will work for a lot less than $1.8 million a year, how does $500,000 sound? Plus relocation expenses, of course, and since I have to move across the country, let’s make it a five year deal. One thing, I have these stomach issues so I need a semi-private bathroom to use at all games, home and away. That won’t be a deal breaker, will it?

I’m sure I can have the respect of the other teams fairly quickly after I hire a head coach. Well, I think they will at least stop laughing every time the team is mentioned. I can’t say who just yet, that’s part of what I bring to the table, but let’s just say the guy knows offense and is willing to have a strong DCon at his side. But mainly you should hire me because I am willing to take the heat for any decision you want to make. In other words, I am gonna be a great figurehead for you. Let’s take a meeting!

Dave wines again

Dave Winer, who often writes, or at least links to, interesting material also sometimes confuses readers with his blatantly wrong statements. This is a man who has moved through web technology since it came out, more or less, and co-invented XML-RPC. Then he goes and writes something ridiculous: “Finally, those of us who use tables are part of a mass of people who learned to develop websites that way. It’s impossible to get us to change.” Winer wrote this in a conversation with Dave Polaschek; Winer asked and Polaschek answered the question Why avoiding tables (for layout) is important. Definitely WinerLog material. Dave, you’ve learned and unlearned so many technologies and techniques over a 25+(?) year programming career that I can’t believe you would stoop to this level but then again you’ve surprised me before.

Passage: Victor Posner

Back in the heyday of junk bonds, there were a few names a CEO dreaded hearing: Milken, Boesky, Perelman, and Posner. Yesterday Victor Posner died after being ill with pneumonia for some time at age 83. Most of his career was as a spectacularly successful real estate investor beginning in Baltimore in the depths of the Depression. He got caught up in too many shenanigans in the ’80s playing games with Milken and Boesky and in 1993 a judge finally barred Posner from any further involvement with public companies. His Security Management Corporation is one of the largest landowners in Florida and while he bought and traded public companies, he only bought land. Throughout his troubles, though, he was a generous man, backing hospitals, universities, and other causes.

What ‘peace’ means to Yasser Arafat

Boston Globe columnist Jeff Jacoby shows us what ‘peace’ means to Yasser Arafat, really, and doesn’t paint a pleasant picture. On the one hand Arafat writes an op-ed piece for the NY Times claiming all he wants is for the violence on both sides to end and for everyone to live in harmony. On the other hand, he appeared before Palestinean rallies the same week and called for “Millions of martyrs marching to Jerusalem!” And by martyrs, he does mean suicide bombers and the like, have no doubt about that!

Football coaching merrygoround: Tampa bumbles again

One would think at this point the Glazer boys down in Florida would learn to keep their movements, meetings, and mouths shut unless they have something good to say. Maryland coach Ralph Friedgen might not be a bad choice for their head coaching slot, he is hot and has solid offensive-side credentials, but he decided to stay at Maryland. I suppose the press conference Friedgen held to announce this would have let the cat out of the bag anyway, but one must think that this whole tryst could have been kept under wraps, at least for the time being, if some effort had been made. The previous candidate, Marvin Lewis, got a nice consolation prize: the biggest contract ever for an assistant coach to be the Redskins’ defensive coordinator. Someday, Marvin, someday, you’ll get that head coaching gig you deserve and have a chance to show all the owners and GMs what they passed up these last few years.

Personal Finance: Age-related risk investing

Some life events took place this week, births, an anniversary, that brought to mind a way of looking at investing that I thought would be good to share with my huge reading audience. I call this, ta-da, age-related risk investing, and I do not claim to have originated this approach, although as far as I recall I did back when I was finishing up graduate school 15 years ago. I will go into more details in future entries but here are the fundamentals.

The basic premise of ARRI is that the younger you are, the higher the level of risk you should be willing to take in your investments. As you age, the level of risk in your portfolio is lowered until there is essentially no more risk. There are two key considerations, that higher risk often means higher reward and that at some point one no longer has enough working years left to earn one’s retirement nestegg. The goal of this strategy is to ensure a sufficient amount of savings to fund a 30 year retirement although I won’t go into how to calculate that amount here. Should the strategy work very well, an individual could consider retiring at a younger age.

ARRI splits one’s investing life into three stages: under 45 years old, 45-55, and over 55. People under 45 should essentially go for investments that have as much risk as possible, common stocks. If an individual is willing to take some time to educate themselves, options and futures should be added to a portfolio. People at this stage should have no, or nearly no, low risk investments like government bonds. As mentioned above, high risk often brings higher reward and, in this age range, people still have time to take chances. Historically, common stocks have provided the best return over time and should be the main investment vehicle; picking specific stocks requires an effort to do some research and analysis, as blindly following an individual newsletter or Wall St. analyst has rarely been successful.

The middle stage is a transition period. Some risk is still worthwhile, given the value of compound interest/return. ARRI calls for gradually changing the risk profile of the portfolio over the 10 years, so that at the end their is essentially no risk left. Some discipline is required here so that the transition is gradual although moving in 10 equal steps is also too strict. By age 55, the entire portfolio ought to be in investment grade bonds, preferably a mix largely slanted towards medium term government issues. There is no risk-free investment, of course, but the biggest foreseeable risk in American government bonds is inflation and there is little safe harbor from this risk that does not entail others.

Some people look at the stock market as a game, one they enjoy playing. I know because I have a close relative who does and as well off as this person is, the question could be asked as to how much better their account would otherwise be. For these individuals, the discipline of ARRI may be difficult if taken to an extreme. However, as long as one keeps the underlying goal (funding for 30 years of retirement) in mind and has a separate account for this purpose, there is no reason not to keep playing.

Tonight’s movie: Rollerball (1975)

The remake got terrible reviews, so we decided to watch the 1975 original version of Rollerball. Note that with the exception of the general play of the game and the idealistic main character, there is not commonality to these two Rollerballs. James Caan plays Jonathon E, the most famous athlete in a future world where nations, war, and poverty have faded away and six corporations rule everyone’s life. Jonathon has become bigger than the sport and this the corporations cannot allow.

But Jonathon has not become the champion he is without also learning a few things, so we have a sweet scene where he confronts the system, in the form of his ex-wife Ella (the gorgeous Maude Adams, who was taken away from him years before when an Executive desired her), and he tells her people have made the wrong choice: comfort over freedom. She replies that comfort is freedom but from the look on Jonathon’s face we know that we are to to understand that Ella is a captive of the system unable to break free from the blinders imposed by it.

Director Norman Jewison has never been afraid to use blood to make a point and he certainly does so here. Players are as likely, and in the end more likely, to end up as splatter as to walk away. His previous film was Jesus Christ Superstar and he definitely gives Caan’s Jonathon somewhat of a messianic cast, not unlike the apotheosis Keanu Reeves undergoes in the Matrix. Jewison made a Hollywood movie, but one that was obviously influenced by the visual and auditory techniques developed by European directors in the ’60s.

The film has strong performances from John Houseman as the Executive who confronts Jonathon, John Beck as the teammate who is sacrificed to teach Jonathon one final lesson, Burt Kwouk (Cato in the old Pink Panther movies) in a small role as a doctor, and Moses Gunn as Jonathon’s mentor.

If you want to see a good Rollerball, save your $9 from the new release and rent the original.

More Enrons: Ron Perelman plays financial games

Barron’s reports on Ron Perelman’s latest shenanigans and that he’s likely to get his way in selling a stake in Panavision to M&F Worldwide, another publicly-traded company he controls. Somehow, this other company was willing to pay $17.50 per share when Panavision stock was trading at $4. The other shareholders of M&F weren’t so happy and drove the stock down 18% Friday after the news cme out. Perelman is an operator whose exploits go back to the junk bond salad days in the 1980s. As the article mentions, one wonders how much longer such financial engineering will be going on in light of Enron, Global Crossing, and (speculating) Calpine.

NBC’s Opening Night Coverage Is More Limp Than Olympic

I’ll just go with the article headline for this one, hard to put it better. I kept thinking, “Why is Costas/Couric talking now? I would like to listen to the show.” Over and over. How stupid. I was surprised just how touching the Native American and Sting/Yo-Yo Ma performances were and there were some lovely visual touches with the stadium audience, but NBC really blew their coverage. Just hope the event commentators aren’t such blabbermouths.

Today’s email joke: Viagra

Over the past few years, more money has been spent on breast implants and Viagra, than on Alzheimer’s. In a few years we will have millions of people running around with huge breasts and stiff dicks, but won’t remember what the hell to do with em…

Football coaching merrygoround: Bucs imploding

Well, one day after the Bucs werethisclose to naming Marvin Lewis as head coach, they dumped him. And now GM Rich McKay’s future with the Bucs is unclear, since he wanted Lewis and the Glazer boys told him no. On one hand this is not too surprising a development since ex-coach Tony Dungy was shown the door because he couldn’t move the offense and Lewis has no track record on that side of the ball. On the other hand, their search has been so high profile, what with being jilted by Bill Parcells early on and being left with their noses pressed up against the Raiders window with a birght shiny Gruden doll just inside, that you’d think the team would go with the obvious choice and calm the storm. Lewis now appears resigned to another defensive coordinator stint, getting paid near head coach dollars, with Spurrier and the Redskins. Marv Levy, 76 years old and obviously bored out of his skull with five years of retirement, is offering his services on a one year deal (leaving the Bucs in position to grab Gruden when his contract expires), but the initial reaction from Tampa Bay is not too bright. Tick tock, tick tock boys!

One Runtime to Bind Them All

Microsoft is positioning certain aspects of the .NET initiative as much more flexible and unconstrained than Java/J2EE, the main competition. However, in One Runtime to Bind Them All, Osvaldo Pinali Doederlein and the Java Lobby post a detailed rejoinder to what looks more and more like a marketing-only feature, the ability of the Common Language Runtime to support many different programming languages. But, and this is a big but, only of the language is modified to in some very restrictive ways. C++ and Eiffel, for example, support multiple inheritance but the CLR does not so the .NET versions of these languages, Managed C++ and Eiffel#, don’t either. So much for out of the box compatibility with existing code bases. Anyway, read the article and be enlightened.

eWeek: What is going on?

I know that economics in the computer publishing industry have been difficult lately, causing several well-known magazines to shut down and pushing rivals into mergers. But I expect that still-going concerns like eWeek/ZD Media to at least use their resources wisely. Instead we get pieces like DB Test Pioneer Makes History written by the West Coast director of eWeek Labs. I wrote him the following via email:

“”Just curious as to the point of this article. Most people in the industry are already aware of the license limitation, although I suppose the point of origin is an interesting tidbit. Seems like recently there have been an increasing number of such short pieces in eWeek. Given the lawsuit filed by the NY Attorney General against Network Associates on a similar license clause, I would have expected the article to at least speculate on similar applicability in this situation. How, after all, is Oracle’s clause different from NA’s?”

ZD did post an article on the New York case as well. Though a similar question could reasonably be posed to the New York AG: why sue NA now and only them and not other companies with speech-stiffling license clauses as well? For example, Microsoft has similar restrctions on SQL Server and the .NET Framework components.

Back to my original point: what useful value is served by Dyck’s article?

Update: Mr. Dyck replies “I had talked to David DeWitt and thought the origin of the license clause was an interesting historical event — that was the only point. I wrote that story a few weeks ago, before the NY Attorney General’s lawsuit, so couldn’t reference that event, but I’m very supportive of it, and hope the state is successful. All these clauses are on similar legal ground, and so this case will be precedent setting.”