Tag: behavioral economics

Reputation, Reputation, Reputation

“It takes 20 years to build a reputation and five minutes to ruin it.  If you think about that, you’ll do things differently.” – Warren Buffett It is fascinating how many accident videos get posted to social media.  Guess we all go to NASCAR races to see car wrecks.  In some cases, videos are personal

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The Transformation of Our Spreadsheet Society

“The only rules are the ones dictated by the laws of physics.  Everything else is a recommendation.”  — Walter Isaacson/Elon Musk We live in a spreadsheet society.  Columns of Categories of People and Rows of Wants, Needs, and Desires.  This model is too simplistic.  What is needed, and Big Data can provide, is a more sophisticated approach.

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