Podcasts about way we do

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Best podcasts about way we do

Latest podcast episodes about way we do

Active Towns
Motonormativity w/ Prof. Ian Walker & Prof. Marco Te Brömmelstroet

Active Towns

Play Episode Listen Later Mar 26, 2025 68:17


This is a "can't miss" discussion featuring Professor Ian Walker from Swansea University in Wales and Professor Marco te Brömmelstroet from the University of Amsterdam about their recent paper on Motonormativity, also known as "car brain" or "windshield bias." Among other topics, we discuss Pluralistic Ignorance, which is a social psychology phenomenon where people mistakenly believe that their own private opinions differ from the majority's, leading them to conform to a perceived norm, even if they privately disagree. And this seems to be at the core of the challenge with Motonormativity, when it comes to people wanting a different outcome and way of life.Thank you so much for tuning in! If you enjoyed this episode, please share it with a friend and subscribe to the podcast on your preferred listening platform. Also, don't forget to check out the Active Towns Channel for more video content.Helpful Links (note that some may include affiliate links to help me support the channel):

Article 19
The Voices of Screen Readers

Article 19

Play Episode Listen Later Jan 24, 2025 50:10 Transcription Available


Explore the everyday use of screen readers and discover the nuances of navigating inaccessible web pages. Host, Katie Samson dives into this topic with co-host Kristen Witucki, who shares her personal journey with assistive tech, and accessibility expert Dax Castro. this episode dives into how screen readers work, common misconceptions, and their role in creating inclusive digital spaces. Stay connected and continue the conversation with us LinkedIn. Web Transcript | PDF Transcript   Show Notes JAWS Screen Reader: Screen reader used by Kristen and the world's most popular screen reader NVDA Screen Reader: Screen reader used by Dax and is available to everyone for free Alt Text as Poetry: An artistic endeavor that reframes alt text as a type of poetry Article 19 Episode, 'Can AI See the World the Way We Do?': Joined by Vice-Chair of Be My Eyes, Bryan Bashin, and Tamman document accessibility specialist, Liza Grant, we explore the differences of alt text written by a trained human and AI and what the future of AI looks like for blind and low-vision individuals. Chax: Further connect with and learn from Dax and the Chax team Access Ingenuity: Screen Reader class mentioned by Dax Screen Reader DOS Computer Demo: YouTube video of Kristen's first Screen Reader

Business By Nature
Get the Chaos Under Control with Jacqui Jones

Business By Nature

Play Episode Listen Later Dec 30, 2024 41:06


As the founder and CEO of Way We Do, the #1 SOP software for training and workflows, Jacqui Jones helps businesses with complex processes miss nothing again. This episode will get you hyped about SOPs, or standard operating procedures, even if you're a solo entrepreneur. SOPs may not sound sexy, but having your time back from questioning and starting over the same processes again and again is.  SOPs pave the road for growth, from being a business owner to being a business team manager. They empower you to view your business as an entity that can be led by you and tended by others. Repeatable processes produce consistent results. SOPs are intertwined with clear business strategies, and they can supercharge your success because they allow you to leverage your brain power for implementing bigger visions that come through rather than staying stuck on repetitive tasks. We dive into how different people create SOPs because these are personal and everyone does business differently.  We also discuss in detail ideas for  Mastering your content strategy Smooth sales funnels & product delivery Creating systems that lead to profitability Setting your team up for success Where and how to use automation Creatives and visionaries who resist basic business tools Don't be fooled into thinking that SOPs are something you put off for a later time when your business is bigger. Not every little thing needs to be documented, but having your mission critical processes documented from day 1 lays the foundation for your business to thrive. When life happens, someone else can step in. Your training is done for you.  For listeners of our podcast, anyone who books a meeting with Way We Do will receive a map of their first 3 processes for free.

Business By Nature
Mastering Business Growth for each Force of Nature type with Elyna Paizis and Jacqui Jones

Business By Nature

Play Episode Listen Later Dec 30, 2024 59:33


Today I welcome back Jacqui Jones, the founder and CEO of Way We Do, the #1 SOP software for training and workflows. If you haven't listened to our first conversation, I suggest tuning in to that episode to understand how empowering SOPs (standard operating procedures) are, even for solo entrepreneurs. I was so inspired by our first conversation that I invited Jacqui back to really dig into specifics for the 6 Force of Nature types. Many of the clients I work with are creatives, visionaries, and out-of-the-box thinkers who resist basic business tools. We walk through the 6 Force of Nature types and their business personalities and talk through how SOPs can create ease, support, and more freedom for each type to be their authentic selves. SOPs are not a cage! They're the ultimate stepping stone for business success and growth. We talk through each of the 6 Force of Nature types: River Volcano Earthquake Ocean Wind Wildfire Whatever your type, you'll come away with tips for navigating your own business. You'll also learn strategies for working with the different force of nature types and building teams that work well together while honoring their different approaches. If you're not sure which Force of Nature you are, take the quiz and find out in just a couple of minutes!  For listeners of our podcast, anyone who books a meeting with Way We Do will receive a map of their first 3 processes for free.

The Gabby Reece Show
Becoming Your Own Health Expert, Building Emotional Resilience, and the Roots of Behavioral Change with Dr. Chatterjee

The Gabby Reece Show

Play Episode Listen Later Dec 2, 2024 100:59


In this transformative episode, Dr. Rangan Chatterjee, renowned doctor, author, and podcast host, shares his groundbreaking approach to health, happiness, and resilience. Drawing from over 23 years of medical practice and personal growth, Dr. Chatterjee dives deep into the root causes of our behaviors, the power of reframing emotional triggers, and the profound role of self-awareness in creating lasting change. Sponsors: LolaVie: Get 15% off LolaVie with code GABBY15 at https://www.lolavie.com/GABBY15! #lolaviepod Jenni Kayne: Find your forever pieces @jennikayne and get 15% off with promo code REECE15 at jennikayne.com/REECE15! #jennikaynepartner Bon Charge: My listeners get 25% off with this holiday sale when you order from boncharge.com and use my exclusive promo code GABBY25 at checkout. Chapters: [00:00:00] Introduction: Dr. Rangan Chatterjee's Journey in Wellness and Health [00:08:00] The Roots of Behavioral Change: Why We Act the Way We Do [00:16:00] Parenting Insights: Lessons from Raising Teens [00:24:00] Emotional Triggers and the Power of Reframing [00:32:00] Building Emotional Resilience Through Daily Practices [00:40:00] Community and Connection: The Dual Power of Self-Reliance and Giving [00:48:00] The Role of Forgiveness in Physical and Mental Health [00:56:00] Breaking Free from External Validation [01:04:00] Becoming Your Own Health Expert [01:16:00] How to Cultivate Inner Peace in a World Full of Noise [01:24:00] From Expert Advice to Inner Wisdom: Becoming Your Own Health Authority [01:32:00] The Power of Forgiveness: Healing Your Mind and Body [01:35:01] Closing Reflections: A Journey Toward Lasting Change To hear more from Dr. Chatterjee, check out his podcast: https://www.youtube.com/@DrChatterjeeRangan For More Gabby Reece: Instagram: https://www.instagram.com/gabbyreece/ TikTok: https://www.tiktok.com/@gabbyreeceofficial The Gabby Reece Show Podcast on Youtube: https://www.youtube.com/channel/UCeEINLNlGvIceFOP7aAZk5A Learn more about your ad choices. Visit megaphone.fm/adchoices

SaaS Fuel
235 Jacqui Jones - Turning Chaos into Clarity: The Secret to Building Systems That Scale

SaaS Fuel

Play Episode Listen Later Nov 26, 2024 53:02


In this episode of SaaS Fuel, we dive deep into the world of scaling SaaS businesses with Jacqui, the founder of Way We Do. From bootstrapping to leveraging AI and building processes that drive real results, this conversation is packed with actionable insights every SaaS founder needs to hear.Key Takeaways00:00:00 - Welcome to SaaS Fuel with Jacqui Jones!00:00:05 - The inspiring origin story of Way We Do.00:02:07 - Recognizing market opportunities.00:04:46 - The hard work behind overnight success.00:06:10 - Why every business needs robust processes.00:08:13 - Leveraging AI to optimize and document workflows.00:12:14 - The dangers of template-based processes.00:17:25 - First steps for successful process automation.00:25:16 - Scaling challenges and finding bottlenecks.00:37:14 - The future of AI in SaaS development.Tweetable QuotesBehind every 'overnight success' is years of unseen hard work. - Jacqui JonesAI isn't about replacing your team; it's about empowering them with smarter workflows. - Jacqui JonesA process without adoption is just a pretty document collecting dust. - Jacqui JonesBefore you automate, make sure you're automating the right things. - Jeff MainsProcesses should reflect your company's unique flavor, not just a generic template. - Jacqui JonesBootstrapping isn't a setback—it's a mindset of resilience and customer focus. - Jeff MainsSaaS Leadership LessonsFocus on Real ProblemsGreat products solve specific, real-world problems. Identify the pain points of your target audience before building.Processes Are Your FoundationClear, adaptable processes are the backbone of a scalable SaaS business. Don't skip documenting them.AI is a Tool, Not a ShortcutLeverage AI to enhance workflows, but remember that human oversight ensures success.Adoption is KeyA great process is useless if your team doesn't embrace and use it. Focus on training and follow-through.Automation Comes After ClarityAutomating unclear or broken processes only magnifies inefficiencies. Start with a clear roadmap.Bootstrap with PurposeBeing bootstrapped fosters a deeper connection to customer needs, enabling sustainable growth without distractions.Guest ResourcesWebsite: https://www.waywedo.com/Linkedin: https://www.linkedin.com/in/jacquijones/Episode SponsorSmall Fish, Big Pond – https://smallfishbigpond.com/ Use the promo code ‘SaaSFuel'Champion Leadership Group – https://championleadership.com/SaaS Fuel ResourcesWebsite - https://championleadership.com/Jeff Mains on LinkedIn - https://www.linkedin.com/in/jeffkmains/Twitter -

Behavioral Grooves Podcast
Imperfectly Perfect: The Science of Human Decision Making | Lionel Page

Behavioral Grooves Podcast

Play Episode Listen Later Aug 21, 2023 43:09


Humans have limited information processing abilities and cannot possibly evaluate all possible options when making a decision. However, describing people merely as irrational paints an inaccurate picture. There can be benefits to the biases we hold.  Author of Optimally Irrational: The Good Reasons We Behave the Way We Do Lionel Page PhD, joins Kurt Nelson and Tim Houlihan on Behavioral Grooves Podcast to talk about his book. Lionel is a French-born economist who is currently working as the Director of the Behavioural and Economic Science Cluster at the University of Queensland in Australia.  Among the topics Lionel discusses is the hedonic treadmill and how happiness is always just ahead of us. Our subjective satisfaction system is designed to keep us motivated by focusing on future goals. However, once we achieve those goals, we move on to the next. Anticipated utility and loss aversion become a powerful motivational combination. Our motivations for decisions are complex. But intentionality can help make up for some of the inconsistencies in our decision making. Topics  (1:51) Speed round questions. (3:13) Is overconfidence beneficial or not beneficial? (6:06) What is rational and irrational behavior? (11:34) Why it is so important to define a field of work. (14:09) Why is it so difficult for us to ask for what we want? (17:31) Completeness helps us to find missing points. (22:38) Happiness is actually connected to loss aversion. (32:37) The benefits of anticipated utility.   © 2023 Behavioral Grooves   Links  Lionel Page PhD: https://economics.uq.edu.au/profile/9755/lionel-page  Lionel's book, “Optimally Irrational: The Good Reasons We Behave the Way We Do”: https://amzn.to/46RoYIH Episode 333, How Game Theory Can Be Used To Explain Human Behavior | Erez Yoeli: https://behavioralgrooves.com/episode/game-theory-to-explain-behavior/   Episode 171, Self Control, Belonging, and Why Your Most Dedicated Employees Are the Ones To Watch Out For with Roy Baumeister: https://behavioralgrooves.com/episode/self-control-belonging-and-why-your-most-dedicated-employees-are-the-ones-to-watch-out-for-with-roy-baumeister/  Prospect theory: https://en.wikipedia.org/wiki/Prospect_theory  Episode 276, How To Stay Motivated So You Exceed Your Goals | Ayelet Fishbach PhD: https://behavioralgrooves.com/episode/motivation-to-exceed-your-goals/  Behavioral Grooves Patreon: https://www.patreon.com/behavioralgrooves   

Raising Your Game
#167 - Alexander Latinjak | Understanding your Self Talk

Raising Your Game

Play Episode Listen Later Jul 18, 2023 78:48


Dr. Alexander Latinjak is an Associate Professor at the University of Suffolk and a Visiting Professor at the University of Thessaly. He is also a psychological skill trainer, primarily focusing on self-talk, cognitive self regulation in sports, and developing psychological programs for high-performance centres.  In this episode, we discuss the role of self-talk in an athlete's success. Expect to learn how self-talk affects athlete performance, ways to practice positive self-talk, and the role of keyword interventions in combating self-defeating self-talk.   [00:00] Introduction [03:34] What is Self-Talk? [06:48] How the Environment Affects a Person's Self-Talk [10:48] Understanding Functional Self-Talk [14:20] How to Become More Aware of Your Dysfunctional Self-Talk [17:21] The Two Main Types of Self-Talk [22:13] Self-Talk Interventions For Athletes [26:46] Keywords for Self-Talk [29:38] How to Get the Most Out of Keyword Interventions [34:20] How Self-Talk Works Under Pressure  [41:04] Making Sense of Directed Self-Talk [46:40] The Relationship Between Emotions and Self-Talk [51:07] How Self-Talk Affects an Athlete's Performance  [56:50] Secretes to Staying Calm Under Pressure [01:01:39] Ways to Improve Your Self-Control [01:07:10] Why We Act the Way We Do [01:11:17] Ways to Gain Control Over Your Self-Deafeting Self-Talk  [01:14:10] Parting Thoughts   Links and Resources: Alexander's LinkedIn Self-talk in Sport by Alexander T. Latinjak and Antonis Hatzigeorgiadis Alexander's paper on Self-Talk Join the MindStrong Academy (14-Day Free Trial): ⁠⁠⁠⁠⁠⁠⁠⁠mindstrong.lewishatchett.com⁠⁠⁠⁠⁠⁠ Get my Free Friday email 'The Game Plan': ⁠⁠⁠⁠⁠⁠⁠https://www.lewishatchett.com/the-game-plan⁠⁠⁠⁠⁠⁠⁠ Connect with Lewis at: TikTok: ⁠⁠⁠⁠⁠⁠⁠@lewis_hatchett⁠⁠⁠⁠⁠⁠ ⁠⁠Instagram: ⁠⁠⁠⁠⁠⁠⁠@lewishatchett⁠⁠⁠⁠⁠⁠ ⁠⁠⁠For more on the podcast visit ⁠⁠⁠⁠⁠⁠⁠http://www.lewishatchett.com/podcast⁠⁠⁠⁠⁠⁠⁠ Contact the show at ⁠⁠⁠⁠⁠⁠⁠⁠podcast@lewishatchett.com⁠

The Cognitive Crucible
#143 Conrado Dungca on ISR

The Cognitive Crucible

Play Episode Listen Later Apr 11, 2023 44:17


The Cognitive Crucible is a forum that presents different perspectives and emerging thought leadership related to the information environment. The opinions expressed by guests are their own, and do not necessarily reflect the views of or endorsement by the Information Professionals Association. During this episode, Conrad Dungca of the Naval Information Warfare Command Pacific (NIWC Pacific) discusses Intelligence Surveillance and Reconnaissance (ISR). Conrad discusses each component of ISR, and how ISR fits into information operations.  Research Question: Conrad suggests two research questions: 1) how has ISR evolved and what is ISR, and what is the right direction for ISR; 2) how has ISR impacted people and the world? Resources: Fleet Tactics And Naval Operations by Wayne Hughes and Robert Girrier The Myth of Artificial Intelligence: Why Computers Can't Think the Way We Do by Erik J. Larson Link to full show notes and resources https://information-professionals.org/episode/cognitive-crucible-episode-143 Guest Bio: Conrad Dungca grew up in Los Angeles, CA.  He graduated with merit from the US Naval Academy earning a Bachelor of Science in Systems Engineering, with an emphasis in Communications and Computer Engineering in May 1991. Upon graduation, he was commissioned an Ensign as a Student Naval Aviator. He attended primary flight training in Corpus Christi, TX, and advanced rotary wing flight school in Florida, earning his Naval Aviation wings of gold in 1994.  His service in the Navy was primarily flying the H-46 Sea Knight helicopter.  His other Navy tours included: Tutoring inner city high school students as a Navy Upward Bound Mentor at UCSD,  Engineer duty at Los Alamos National Laboratory in New Mexico, Assistant Operations Officer at the Joint US Military Advisory Group in the Philippines, Navy Recruiting Duty in San Diego, Officer In Charge of a Counter IED Unmanned Aerial Vehicle detachment in support of Operations New Dawn and Enduring Freedom, and Commanding Officer for two Navy Reserve Units supporting NAVAIR in the rapid research and development of naval aviation systems. Conrad Dungca served over 30 years in the US Navy, retiring at the rank of Navy Captain.  He is currently working at Naval Information Warfare Center Pacific (NIWC Pac) as the Lead Systems Engineer of the Intelligence, Surveillance, and Reconnaissance Department supporting the engineering processes of over 180 department projects.  Prior to Conrad's assignment to the ISR Department, he was involved with multiple communications related projects in NIWC Pac's Communications and Networks Department, focusing mostly with the Navy afloat and ashore communications architectures and systems. About: The Information Professionals Association (IPA) is a non-profit organization dedicated to exploring the role of information activities, such as influence and cognitive security, within the national security sector and helping to bridge the divide between operations and research. Its goal is to increase interdisciplinary collaboration between scholars and practitioners and policymakers with an interest in this domain. For more information, please contact us at communications@information-professionals.org. Or, connect directly with The Cognitive Crucible podcast host, John Bicknell, on LinkedIn. Disclosure: As an Amazon Associate, 1) IPA earns from qualifying purchases, 2) IPA gets commissions for purchases made through links in this post.

The Lawfare Podcast
Lawfare Archive: The Myth of Artificial Intelligence

The Lawfare Podcast

Play Episode Listen Later Dec 30, 2022 60:35


From March 31, 2021: Alvaro Marañon sat down with Erik Larson, a computer scientist, tech entrepreneur and author of the new book, "The Myth of Artificial Intelligence: Why Computers Can't Think the Way We Do." They talked about his background and expertise with artificial intelligence, what shaped our modern perception of AI and why the next big break in AI always appears to be 10 or 20 years away. They also discussed the current limitations of artificial intelligence, whether there are any dangers to our current approach and whether AI's advancement to super intelligence is really inevitable.Support this show http://supporter.acast.com/lawfare. Hosted on Acast. See acast.com/privacy for more information.

Something You Should Know
SYSK Choice: The Science Behind Human Quirks & Why Counting is Complicated

Something You Should Know

Play Episode Listen Later Dec 3, 2022 50:57


During the holiday season, you likely use a lot of power strips to plug in lights and decorations. This episode begins with some advice about what NEVER to plug in to a power strip for the safety of everyone in your home. And you will probably be surprised by what you hear. https://www.familyhandyman.com/article/things-you-should-never-do-with-power-strips/ Human beings are quirky. We do things and behave in ways that are frankly a bit odd. Where do these quirks come from and why do we do them? Here to explore some of the fascinating quirks of our humanness is Marty Jopson. Marty is the resident science reporter on BBC TV's “The One Show” and is author of the book, The Science of Being Human: Why We Behave, Think and Feel the Way We Do (https://amzn.to/2VYTZqY). What could be more objective than counting? If you want to find out how many of something you have – you count them. It seems pretty obvious. However, counting turns out to be a bit trickier than you might think. People can and do use numbers and counting to deceive you if you don't understand what they are doing. Joining me to explain the interesting world of counting is Deborah Stone. She is a scholar who has taught at Brandeis, MIT, Duke, Dartmouth, Yale, Tulane, among others and she is author of the book Counting: How We Use Numbers to Decide What Matters (https://amzn.to/33UeKZ1) One important difference between men and women is that men are generally better at asking for what they want. Listen as I describe the consequences of that and what women can do to get more of what they want – and the solution is fairly simple. Source: Linda Babcock author of Women Don't Ask (https://amzn.to/3AHEjNj). PLEASE SUPPORT OUR SPONSORS! Now get a complimentary bottle of Nugenix Total T when you text SYSK to 231 -231.  Tune in to Planet Money every week for entertaining stories and insights about how money shapes our world! Listen now to Planet Money from NPR -- wherever you get your podcasts. When you hire with Indeed you only pay for quality applications that match your must-have job requirements. Visit https://Indeed.com/SOMETHING to start hiring now! With Shopify, everything you need to customize your business to your needs is already in your hands. Sign up for a FREE trial at https://Shopify.com/sysk ! Constant Wonder is a podcast that will bring more wonder and awe to your day. Listen to Constant Wonder wherever you get your podcasts! https://www.byuradio.org/constantwonder Did you know you could reduce the number of unwanted calls & emails with Online Privacy Protection from Discover? - And it's FREE! Just activate it in the Discover App. See terms & learn more at https://Discover.com/Online Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Dissenter
#712 Lionel Page - Optimally Irrational: The Good Reasons We Behave the Way We Do

The Dissenter

Play Episode Listen Later Dec 2, 2022 91:30


------------------Support the channel------------ Patreon: https://www.patreon.com/thedissenter SubscribeStar: https://www.subscribestar.com/the-dissenter PayPal: paypal.me/thedissenter PayPal Subscription 1 Dollar: https://tinyurl.com/yb3acuuy PayPal Subscription 3 Dollars: https://tinyurl.com/ybn6bg9l PayPal Subscription 5 Dollars: https://tinyurl.com/ycmr9gpz PayPal Subscription 10 Dollars: https://tinyurl.com/y9r3fc9m PayPal Subscription 20 Dollars: https://tinyurl.com/y95uvkao This show is sponsored by Enlites, Learning & Development done differently. Check the website here: http://enlites.com/ Dr. Lionel Page is a Professor of Economics and Director of the Behavioural and Economic Science Cluster at the University of Queensland. He is interested in understanding how people make decisions, alone or in groups. He is the author of Optimally Irrational: The Good Reasons We Behave the Way We Do. In this episode, we focus on Optimally Irrational. We start by discussing what it means to be optimally irrational, and how rationality has been traditionally studied in economics. We talk about biases, replacing the H. economicus model, and adding an evolutionary lens to human behavior. We then go through some psychological phenomena, including rules of thumb and gut feelings; reference-dependence and loss aversion; overweighting the probabilities of extreme outcomes; preferences; kindness and reciprocity; emotions; commitment; social identity; indirect speech, ambiguity and innuendos; and overconfidence and self-deception. Finally, we discuss what rationality is. -- A HUGE THANK YOU TO MY PATRONS/SUPPORTERS: KARIN LIETZCKE, ANN BLANCHETTE, PER HELGE LARSEN, LAU GUERREIRO, JERRY MULLER, HANS FREDRIK SUNDE, BERNARDO SEIXAS, HERBERT GINTIS, RUTGER VOS, RICARDO VLADIMIRO, CRAIG HEALY, OLAF ALEX, PHILIP KURIAN, JONATHAN VISSER, JAKOB KLINKBY, ADAM KESSEL, MATTHEW WHITINGBIRD, ARNAUD WOLFF, TIM HOLLOSY, HENRIK AHLENIUS, JOHN CONNORS, PAULINA BARREN, FILIP FORS CONNOLLY, DAN DEMETRIOU, ROBERT WINDHAGER, RUI INACIO, ARTHUR KOH, ZOOP, MARCO NEVES, COLIN HOLBROOK, SUSAN PINKER, PABLO SANTURBANO, SIMON COLUMBUS, PHIL KAVANAGH, JORGE ESPINHA, CORY CLARK, MARK BLYTH, ROBERTO INGUANZO, MIKKEL STORMYR, ERIC NEURMANN, SAMUEL ANDREEFF, FRANCIS FORDE, TIAGO NUNES, BERNARD HUGUENEY, ALEXANDER DANNBAUER, FERGAL CUSSEN, YEVHEN BODRENKO, HAL HERZOG, NUNO MACHADO, DON ROSS, JONATHAN LEIBRANT, JOÃO LINHARES, OZLEM BULUT, NATHAN NGUYEN, STANTON T, SAMUEL CORREA, ERIK HAINES, MARK SMITH, J.W., JOÃO EIRA, TOM HUMMEL, SARDUS FRANCE, DAVID SLOAN WILSON, YACILA DEZA-ARAUJO, IDAN SOLON, ROMAIN ROCH, DMITRY GRIGORYEV, TOM ROTH, DIEGO LONDOÑO CORREA, YANICK PUNTER, ADANER USMANI, CHARLOTTE BLEASE, NICOLE BARBARO, ADAM HUNT, PAWEL OSTASZEWSKI, AL ORTIZ, NELLEKE BAK, KATHRINE AND PATRICK TOBIN, GUY MADISON, GARY G HELLMANN, SAIMA AFZAL, ADRIAN JAEGGI, NICK GOLDEN, PAULO TOLENTINO, JOÃO BARBOSA, JULIAN PRICE, EDWARD HALL, HEDIN BRØNNER, DOUGLAS P. FRY, FRANCA BORTOLOTTI, GABRIEL PONS CORTÈS, URSULA LITZCKE, DENISE COOK, SCOTT, ZACHARY FISH, TIM DUFFY, TRADERINNYC, SUNNY SMITH, AND JON WISMAN! A SPECIAL THANKS TO MY PRODUCERS, YZAR WEHBE, JIM FRANK, ŁUKASZ STAFINIAK, IAN GILLIGAN, LUIS CAYETANO, TOM VANEGDOM, CURTIS DIXON, BENEDIKT MUELLER, VEGA GIDEY, THOMAS TRUMBLE, AND NUNO ELDER! AND TO MY EXECUTIVE PRODUCERS, MICHAL RUSIECKI, JAMES PRATT, MATTHEW LAVENDER, SERGIU CODREANU, AND BOGDAN KANIVETS!

The Cognitive Crucible
#120 Bill Bray on Navy IW Road to Serfdom

The Cognitive Crucible

Play Episode Listen Later Nov 1, 2022 49:18


The Cognitive Crucible is a forum that presents different perspectives and emerging thought leadership related to the information environment. The opinions expressed by guests are their own, and do not necessarily reflect the views of or endorsement by the Information Professionals Association. During this episode, Bill Bray discusses his recent article: The Navy Information Warfare Community's Road to Serfdom. Bill offers a constructive critique of the United States Navy's information warfare community manpower management policies. He asserts that information warfare officers are crowded out of senior leadership positions which, in turn, is having adverse effects on morale within the community. Research Question: Bill suggests students and the information professionals community in general figure out a way to measure the effectiveness of influence campaigns.  Resources: Cognitive Crucible Podcast Episodes Mentioned #24 John Davis on Modern Warfare, Teamwork, and Commercial Cognitive Security The Navy Information Warfare Community's Road to Serfdom Friedrich Hayek The Myth of Artificial Intelligence: Why Computers Can't Think the Way We Do by Erik J. Larson Link to full show notes and resources https://information-professionals.org/episode/cognitive-crucible-episode-120 Guest Bio:  From Natick, Massachusetts, Captain Bray graduated from the U.S. Naval Academy in 1988. He served as a surface warfare officer in San Diego, California, until 1992 before transitioning to naval intelligence. In naval intelligence, he served in a variety of operational and joint intelligence billets in both the Pacific and Europe and completed two Middle East deployments and one East Africa deployment. From 2010 to 2012 he commanded the Nimitz Operational Intelligence Center at the Office of Naval Intelligence in Suitland, Maryland, and from 2012 to 2014 he served as the Naval Forces Europe/Naval Forces Africa/Sixth Fleet Director for Intelligence in Naples, Italy. In 2014–2015 he was a CNO Strategic Studies Fellow in Newport, Rhode Island. Following retirement in 2016, Captain Bray was a managing director at Ankura Consulting before being hired in August 2018 as deputy editor-in-chief of Proceedings magazine at the U.S. Naval Institute in Annapolis, Maryland.  About: The Information Professionals Association (IPA) is a non-profit organization dedicated to exploring the role of information activities, such as influence and cognitive security, within the national security sector and helping to bridge the divide between operations and research. Its goal is to increase interdisciplinary collaboration between scholars and practitioners and policymakers with an interest in this domain. For more information, please contact us at communications@information-professionals.org. Or, connect directly with The Cognitive Crucible podcast host, John Bicknell, on LinkedIn. Disclosure: As an Amazon Associate, 1) IPA earns from qualifying purchases, 2) IPA gets commissions for purchases made through links in this post.

Finding Brave
236: Summer Pick #4: How to Have Those Difficult But Crucial Conversations with Friends and Family, with Joseph Grenny

Finding Brave

Play Episode Listen Later Aug 11, 2022 37:33


Thank you for listening to our Finding Brave show, ranked in the Top 100 Apple Career Podcasts! “The goal of the conversation is not to convince. It's not to compel, and it's not to control. It's not to try to get the other person to think something different. As soon as we believe somebody is trying to control us in that kind of way, we resist. So the very effort to convince, it makes you less convincing.” – Joseph Grenny Contrary to how many people feel in our world today, it is possible to tell the truth and avoid alienating a friend or colleague or engendering terrible and painful conflict. With so much distrust among family, friends, colleagues and our leaders, it's vital to not to take the two standard approaches – being silent or violent — on core issues but instead, we need to learn the essential skills behind expressing yourself candidly yet cordially.  Today's Finding Brave expert guest reveals how it's not having different opinions that's the problem in our conflicts, rather it's how and why we express those opinions, and the approach we take before even entering the conversation.  Joseph Grenny is a four-time New York Times bestselling author, dynamic keynote speaker, and leading social scientist for business performance. Joseph has spoken at some of the world's premier leadership conferences. His books have been translated into 28 languages, are available in 36 countries, and have generated results for 300 of the Fortune 500. I had the honor of interviewing Joseph and David Maxfield in my Forbes blog in 2015 in a piece on Gender Bias Is Real: Women's Perceived Competency Drops Significantly When Judged as Being Forceful, on their groundbreaking research on gender bias, and I've often quoted the information that their research uncovered that proved gender bias is not imagined, it's real – and their research showed on how women's perceived competency and perceived worth drops exponentially more than men's when they are are perceived as forceful or assertive. I've featured their work in my TEDx talk Time to Brave Up, and in my new book The Most Powerful You and my Most Powerful You Course which is why I'm so excited to speak with Joseph today and bring you his expert insights and perspectives on navigating crucial conversations. This episode is part of our “Summer Pick series” which features a selection of the most popular and downloaded shows we've aired in the past several years.   Highlights from this Episode: Why Joseph was first drawn to topics around communication and crucial conversations [5:36] The real reasons he feels that many of the conversations happening today are so volatile [9:01] Why your internal and external approach to a conversation will often be the key to achieving a successful outcome with the other person [12:57] The way that our fears, or the threats that we perceive, will impact how a conversation unfolds [15:22] A technique he recommends to disarm perceived threats by both parties [16:06] The 3 different types of stories we tell ourselves, and how to begin mastering them today [20:30] A time that Joseph made a stand to have his voice heard, and the role that setting ground rules beforehand had in doing this [23:44] What the goal of every conversation should be, and what we shouldn't be trying to do [27:24] How I was able to diffuse a difficult situation that I faced in my professional career [32:18]   For More Information: https://josephgrenny.com/  www.vitalsmarts.com https://www.linkedin.com/company/vitalsmarts/  https://twitter.com/vitalsmarts https://www.instagram.com/vitalsmarts/    Resources Mentioned: Ready to become more confident, powerful and successful in work you love?   CHECK OUT MY “MOST POWERFUL YOU” VIDEO COURSE! If you're tired of working so hard in a career that just isn't working for you, this is the course for you! This transformative 8-module training course, based on my bestselling book The Most Powerful You, will help you close the 7 most damaging power gaps that keep 98% of professional women from thriving at the highest level, and reaching their most thrilling potential. In the course, you'll be taught transformative actions, strategies and mindsets that will help you experience exponentially more positive power, self-mastery, confidence, communication skill, leadership, and influence over what transpires in your life, career and relationships (both at work and at home).  Based on 16 years of coaching with thousands of women around the world, and from my own personal learnings in transitioning from unhappy corporate VP to therapist, to now globally-recognized career coach, speaker, writer and speaker, and with amazing strategies from over 30 of the nation's top experts in fields essential to our success, this course gives you a clear roadmap for the exact steps to take to become more confident and influential in work you'll love and feel proud of, with inspiring leaders, colleagues, and mentors who will help you thrive and keep growing for the duration of your professional life. If you're ready to close your power gaps and become the MOST POWERFUL version of you, CLICK HERE to learn more and register! Order Kathy's book The Most Powerful You today!  In Australia and New Zealand, click here to order, elsewhere outside North America, click here, and in the UK, click here. If you enjoy the book, we'd so appreciate your giving the book a positive rating and review on Amazon!  ___________________________________________________________ Other resources mentioned: Joseph's Book, Crucial Conversations: Tools for Talking When Stakes are High & His Other Works  Untangling the Mind: Why We Behave the Way We Do by Theodore George, M.D.  Kathy's Forbes Blog with Joseph Grenny and David Maxfield, Gender Bias Is Real: Women's Perceived Competency Drops Significantly When Judged As Being Forceful Kathy's Forbes Post, What Is Feminism, And Why Do So Many Women And Men Hate It? Kathy's Power Gaps Survey, Support To Build Your LinkedIn Profile To Great Success & Other Free Resources Her TEDx Talk, Time To Brave Up & Free Career Path Self-Assessment Kathy's Amazing Career Project video training course & 6 Dominant Action Styles Quiz   Sponsor Highlight   I'm thrilled that both Audible.com and Amazon Music are now sponsors of Finding Brave! Take advantage of their great special offers and free trials today!  Audible Offer Amazon Music Offer QUOTES:  “The only way norms get reset, and the only way that biases become apparent and addressable, is through conversation. That's the only mechanism that gives us any hope.” [4:00] “Time and time again, we've found that almost any area of pain within an organization, what kept those problems chronic and turned them from an incident into a pattern, is peoples' inability to confront, discuss and resolve [the issues].” [6:02] “All of us are really hardwired for failure around complex social dynamics. However, we have the software to learn. We have the capacity to rise above our thinking and our patterns, and to create new ones.” [10:25] “The words that come out of your mouth will have part of an effect, but if there's a contradiction between what I read from your face and what I read from your mouth, I'll trust the face.” [14:15] “There's a huge opportunity for us to de-escalate our own emotions, if we recognize that this is just a perceived threat, and not a real threat.” [16:03] “When you behave in a way that's inconsistent with their story, you help them dismantle it.” [34:41]   Watch video versions of my interviews on Finding Brave!  Don't forget – you can experience each Finding Brave interview episode in both audio and video formats! Check out new and recent episodes on my Youtube channel at YouTube.com/kathycaprino. And please leave us a comment and a thumbs up if you like the show!  Please share your positive ratings and reviews! If you love the show, we'd be so very grateful for a positive rating and review on Apple Podcasts! These great ratings help us reach more and more people who are interested in boosting their careers, businesses, and their leadership, and keep in the Top 100 Apple Career Podcasts in countries around the world. Thank you!

The Long View
Larry Siegel: ‘The Humblest Thing an Investor Can Do Is Buy Index Funds'

The Long View

Play Episode Listen Later Jul 19, 2022 48:24


Our guest this week is Larry Siegel. He is the Gary P. Brinson director of research at the CFA Institute Research Foundation. Prior to that, he was director of research for the Ford Foundation's investment division for 15 years. Siegel began his career at Ibbotson Associates in 1979. He specializes in asset management and investment consulting and has served on various boards as both an advisor and a director. He has also served on the editorial board of the Financial Analysts Journal and currently serves on the editorial board of The Journal of Portfolio Management and TheJournal of Investing. Siegel is a prolific writer and has authored several critically acclaimed books in recent years, including Unknown Knowns: On Economics, Investing, Progress, and Folly as well as Fewer, Richer, Greener: Prospects for Humanity in an Age of Abundance. He earned his Bachelor of Arts from the University of Chicago and his MBA in finance at the University of Chicago Booth School of Business.BackgroundBioUnknown Knowns: On Economics, Investing, Progress, and Folly, by Laurence SiegelFewer, Richer, Greener: Prospects for Humanity in an Age of Abundance, by Laurence SiegelResearch"Lifetime Financial Advice: Human Capital, Asset Allocation, and Insurance," by Roger Ibbotson, Moshe Arye Milevsky, and Kevin Zhu, ResearchGate, January 2007.Popularity: A Bridge Between Classical and Behavioral Finance, by Roger Ibbotson, Thomas Idzorek, Paul Kaplan, and James Xiong, Jan. 15, 2019."Bursting the Bubble—Rationality in a Seemingly Irrational Market," by David F. DeRosa, SSRN, April 29, 2021."Equity Risk Premium Forum: Don't Bet Against a Bubble?," by Paul McCaffrey, CFA Institute, April 8, 2022.The Myth of Artificial Intelligence: Why Computers Can't Think the Way We Do, by Erik Larson, April 6, 2021."Value Investing: Robots Versus People," by Laurence Siegel, larrysiegel.org, June 30, 2017.Endowments and Investing Lessons"Don't Give Up the Ship: The Future of the Endowment Model," by Laurence Siegel, larrysiegel.org, April 7, 2021."Where's Tobin? Protecting Intergenerational Equity for Endowments: A New Benchmarking Approach," by M. Barton Waring and Laurence Siegel, larrysiegel.org, April 21, 2022."Debunking Nine and a Half Myths of Investing," by Laurence Siegel, larrysiegel.org, March 12, 2020.Inflation"Protecting Portfolios Against Inflation," by Eugene Podkaminer, Wylie Tollette, and Laurence Siegel, The Journal of Investing, April 2022."The Novelty of the Coronavirus: What It Means for Markets," by Laurence Siegel, larrysiegel.com, April 1, 2020."Will Demographic Trends Drive Higher Inflation and Interest Rates?" by Laurence Siegel, larrysiegel.com, Feb. 10, 2021.Other"Cliff Asness: Value Stocks Still Look Like a Bargain," The Long View podcast, Morningstar.com, May 31, 2022."Tom Idzorek: Exploring the Role of Human and Financial Capital in Retirement Planning," The Long View podcast, Morningstar.com, June 7, 2022.TranscriptJeff Ptak: Hi, and welcome to The Long View. I'm Jeff Ptak, chief ratings officer for Morningstar Research Services.Christine Benz: And I'm Christine Benz, director of personal finance and retirement planning for Morningstar.Ptak: Our guest this week is Larry Siegel. Larry is the Gary P. Brinson director of research at the CFA Institute Research Foundation. Prior to that, he was director of research at the Ford Foundation's investment division for 15 years. Larry began his career at Ibbotson Associates in 1979. He specializes in asset management and investment consulting and has served on various boards as both an advisor and a director. He has also served on the editorial board of the Financial Analysts Journal and currently serves on the editorial board of The Journal of Portfolio Management and The Journal of Investing. Larry is a prolific writer and has authored several critically acclaimed books in recent years, including Unknown Knowns: On Economics, Investing, Progress, and Folly as well as Fewer, Richer, Greener: Prospects for Humanity in an Age of Abundance. Larry earned his Bachelor of Arts from the University of Chicago and his MBA in finance at the University of Chicago, Booth School of Business.Larry, welcome to The Long View.Laurence Siegel: Thank you.Ptak: Thank you so much for joining us. We're really excited to chat with you. I wanted to start with your early career. You worked for Roger Ibbotson early in your career. In fact, you were Ibbotson's first employee if I'm not mistaken. Talk about Roger's influence on you and more broadly, the impact he has had on our understanding of markets and investing.Siegel: Roger was not only my first boss, he was my first finance professor at the University of Chicago. So, I got fed the Ibbotson—and to give credit where it's due, to Sinquefield—view of the markets early. I was 21 years old. And I would describe that view as that asset classes are what's important; that security, individual securities, are best viewed as components of asset classes, although when you get involved in the business, you realize that you have to understand the market at the security level, too; and that long-term performance is very strongly in favor of equities. So, at the time, pension funds, who were the main customers for Ibbotson Associates' work, had relatively little in equities, and one of our missions was to improve the returns of those funds and thus for the sponsors and the employees by holding more equities. This was in the early ‘80s. I was hired in 1979. So, you can see that was a good strategy.Benz: So, sticking with your background in your early career, you think young professionals should have a grounding in the humanities and liberal arts. Why is that?Siegel: Well, not every single one needs to, but the ones who are going to rise to the top in the business need a grounding in the common cultural heritage of the human race, and that's given by humanities and social sciences that the liberal arts broadly construed. Investors invest in businesses or governments, but mostly businesses, and businesses exist to serve the needs and wants of people, an ever-changing group of people around the world. So, without a deep understanding of human affairs—in other words, of the why of business—young investment professionals are likely to fall into some intellectual traps: short-termism, geographically narrow thinking, where you only think about your own country, and a bunch of other well-documented behavioral biases—you shouldn't do that.Ptak: Maybe a dumb question to follow up on that: Why doesn't the market do a better job of creating incentives to ensure that younger professionals—let's talk about those who are heading into finance and in investing in particular—that they have a liberal arts background and they're able to better avoid some of those traps? Why haven't those incentives really taken shape and why is it still so typical to see this procession of MBAs and people with the traditional finance background dominating finance and investing?Siegel: Well, if you're as old as me, I'm 68, you have observed that it used to. The market, when I was getting out of school, was in a very different position. There weren't many MBAs. It was an unpopular decision to go to business school. And most of the people who were accepted in business school had an Ivy Plus background where a liberal arts education is required in order to graduate. By Ivy Plus I mean the University of Chicago, Stanford, Northwestern, places like that, plus the Ivy League. So, this staffed the investment business with a fairly broadly educated group of people. What happened in the next 40 years is that business got too big. And the MBA programs mushroomed from a little specialty of a dozen or two dozen schools to something that everybody felt they had to get in order to get a job. So, it just became more of a trade school degree rather than an academic degree. And I'm sorry if I'm offending anybody here, but that's the way I see it. And the investment business became more of a trade. So, the market became less efficient, I think, because it just got so big that it had to pull in a lot of different people, including people who had specialized early because they wanted to be in finance because they were seeing people in finance made a lot of money.Benz: Speaking of specialization, do you think that the only way to truly specialize is to have had a generalist humanistic education first? In other words, are the most successful specialists people who trained as generalists first and is there any evidence for this?Siegel: I think there is among CEOs and maybe CIOs, chief investment officers. The greatest businesspeople in the world have generally had a pretty broad background and a lot of them started, the legend is in the mail room, but they may have started in engineering, accounting. They may have started in sales. Whatever they did, they found their way to the investment business through a kind of evolution over time. An organization needs foxes and hedgehogs. Isaiah Berlin, drawing on an ancient Greek story, said that there are two kinds of people of foxes who know a little about everything and hedgehogs who no one big thing. Einstein, for example, was a hedgehog. He really only cared about physics, and he was very productive. We would have a very different world without him. I am suggesting that you're better off looking for foxes, but you also want to have a few Einsteins in there, and an organization that consists entirely of foxes would be very unfocused and would be more like a college dorm than a business.Ptak: Wanted to shift and talk about something that seems like it's been an awfully short supply lately, which is optimism. You wrote a book called Fewer, Richer, Greener, evincing optimism about the global economy and humanity in general. Have you always been an optimistic person? Or has it gone back and forth or been situation dependent?Siegel: I've always been an optimistic person in terms of my intrinsic biases. I do know enough economic history and regular history to know that living conditions have improved so much in the last 250 years, and actually in the last 50, that you'd be kind of crazy to deny that things have improved. This is a bad year and a bad decade. And it's very easy to become pessimistic when you read the news or check the stock market or look at the world situation with wars and so forth. But underneath the surface of all this chaos and negativity, technology is continuing to advance at an amazing rate of speed. And what we really rely on for economic growth is improvements in technology, where I use the word technology to mean it very broadly. Technology is not just the gadgets or computing power. It's biology. It's social technology—my ability to gather together a bunch of people in a Zoom meeting from all over the world and have a board meeting. And as this technology has grown in the broad sense, we have made our lives much easier; work has gotten easier. We do less of it. The 80-hour work week has now become a specialty of doctors, lawyers, and CEOs. Coal miners—my father-in-law was a coal miner and he worked 80 hours a week in a coal mine when they let him. He would have preferred to work 40, but he needed the money. So, we have an economy in which we produce an awful lot without doing all that much, frankly. We have probably the easiest lives of any population that's ever existed.Benz: Optimism seems like one of those secret weapons in investing, in finance in that if you're optimistic, you're more likely to stick with it, stick with your plan, and markets have tended to reward people who have stuck with it over the longer term. But it's hard to be optimistic about the long term given how unknowable things are. So, is the equity-risk premium compensation for subjecting ourselves to that unknowability?Siegel: Yes. There are two kinds of risks. One is fluctuations in asset prices. We all know what that is. The market just went down 20% or 25%, and we're feeling it. And we might forget this, but it went down 34% in a month in the spring of 2020, which is a profound dislocation in the markets. And a few months later, we forgot it. The other kind of risk is actually more profound, and it's the possibility that our general expectations for assets are wrong. And if you look back, equities have returned about real 7%, 7% plus inflation. Going forward, it's pretty unlikely that they're going to do that over the next 20 or 30 years just because of the high prices. Even if economic growth were as rapid in the future as it was in the past, you want to pay less rather than more for the stocks. So, right now, they're selling at a premium to their historical average. That conventional asset-allocation input of equities generate 6.7% or 7% real is almost certainly too optimistic, and we've got to do what Jack Bogle said, which is budget for it. We can't all earn alpha and earn a higher return, because the net alpha in the market is 0, so we would all be trying to take it away from somebody else. We have to budget for lower returns.When you look at the bond market, it's even worse. Bonds seem to be priced to yield about real 0%  to real 1%. That's much lower than the historical average, about half the historical average.Ptak: You got that right. It looks like real yields across the yield curve 49 to 99 basis points as of yesterday, which would be July 11, so a pretty paltry real yield. I did want to, if I may, stick with the general topic of optimism and its nexus with investing, talk about that in the context of value investing. I sometimes wonder if value investing pays off because it's so repulsive over long stretches that it's almost impossible to be optimistic. That does, though, raise questions about the implications for its practical usability. For instance, if investors are likely to give up on it because they do find it so repulsive when it underperforms growth as it had done until relatively recently, they might miss out on some of that payoff, which can come in bunches. Or do you think that's off base? Do you think that value investing really is usable, you just have to stick with it long enough?Siegel: I think that value investing is usable. But you shouldn't concentrate your whole portfolio in it. What we've seen is that the pendulum has swung between value and growth in very long cycles and large cycles where value does much better or much worse for the entire time that data are available. Fama and French did this back to 1927 and you get these five- to 15-year swings, which is so long that people give up on either value or growth at exactly the wrong time. So, in 2007, value had outperformed massively, and it was a great time to buy growth stocks because we were just about to enter not a tech bubble but a period of tech innovation that produced huge returns for a decade and a half. Anybody who went against the grain, anybody who went against the tide and overweighted growth stocks did much better than the market from 2007 until a year or two ago. Now people are saying, only growth works, so value is disgusting. And the more disgusted you are, the more likely it is to work. I would overweight value right now, but not all the time.Benz: I wanted to ask about intuition. It's something that tends to be greatly valued in everyday life, but it can lead us astray when it comes to investing. For example, in March 2020, which you referenced earlier, few of us expected the great snap back in the markets because intuitively we knew the pandemic would be bad for humanity. Do you think intuition was a better model for investing before markets became so efficient or has it never really worked?Siegel: Well, informed intuition, if you've spent a lifetime in, let's say, engineering and you know something about the way that computers are put together or the internet is put together or something, you might have had the intuition that this was going to be a profound change in the way everybody did everything and you bought those stocks. But the problem is that most people who bought the stocks in the first tech wave, in the 1990s, bought them without knowing anything about the individual companies. They were right about the technology; they were wrong about the companies. So, you would now have a portfolio of AltaVista and Netscape and AOL and a bunch of other companies that had promised but they were just outcompeted by somebody else. So, I would rather hang my hat on analysis than intuition unless you just happen to be one of those people with special inside knowledge but that is obtained legally. But most people who think they have inside knowledge don't. So, I would try to avoid relying on intuition too much.Ptak: Wanted to shift and talk about your role at the CFA Institute. You have a lot of experience assessing research proposals in that role. What are the best pieces of research have in common based on your experience?Siegel: Well, they draw heavily on theory to make practical recommendations that can be implemented in the short to medium term. And going back to Roger Ibbotson, we published a piece in 2007 on lifetime financial advice that came from Roger with several colleagues. We are about to publish, but have not yet received the manuscript, the second installment of that from Paul Kaplan, Tom Idzorek, and a third author whose name I forget, and that will come out later this year or early next year. So, even though they're 15 years apart, the Ibbotson people have an integrated theory of investing insurance, annuities—all these different tools in order to provide people with a lifetime income that's secure and yet has the room for adding value through either asset allocation or security selection alpha. So, that's the kind of research I like most. We sometimes have also done pieces that step outside of the box of the Financial Analysts Journal or the Journal of Portfolio Management -type of research and look at a broader set of issues—for example, geopolitics, demography. There was a beautiful piece by David DeRosa on bubbles. He's against them. I don't know how he can be for or against bubbles. Either bubbles are or bubbles are not. But he takes the position that what we think are bubbles are mostly rational responses to circumstances and then when the circumstances change, the bubble bursts. But it wasn't a bubble; it was rational at the time. I don't know that I buy that 100%, but it sure was interesting reading his logic because he expresses it so well. So, these are the kinds of research I enjoy the most.I've also done some of my own research here. I am compiling for the CFA Institute Research Foundation a book on the equity risk premium, which was a symposium of 11 fairly famous people—Marty Leibowitz, Rob Arnott, Cliff Asness and so forth—which I led. I'm not one of the famous people, but I know them all socially, so I was able to get them to come. And I edited it with a co-editor, Paul McCaffrey, who is producing a book on that as we speak. It could come out in the next month.Ptak: I did want to ask you about what's become the new rage in investing research and portfolio management, which is combining quantitative and human-driven decisions. If you had to draw up a CFA curricula for a bot, how would it differ for the current human-based curricula? And on the flip side, how do you think the current human curricula ought to be reshaped to account for the rise of things like machine learning? Is that something you've given any consideration?Siegel: A little bit. I'm writing a book review right now for Advisor Perspectives, which is an industry newsletter, a very good one. And the review is of a book by Erik Larson that's called The Myth of Artificial Intelligence. I'm giving it a good review, so you can see where I'm going to come out. I believe that machine learning is a real thing. Machines can be programmed to learn, and that's a valuable tool in investment management. But when you step beyond that to the idea of artificial general intelligence, I think it's an illusion caused by very fast computers, very big data and very clever programmers who want to create that illusion. So, we have had 300 million years of evolution—not as human beings obviously but as animals—to develop a set of connections in our brains that actually are intelligent. Yet intelligence in the sense that we are talking about now didn't really emerge until the last 200,000 years. So, it is rare. It is fragile. And we don't know what it is. It's like Justice Potter Stewart said about pornography: We don't know what it is, but we know it when we see it. And to imagine that we're, as human beings, of one level of intelligence, whatever we are, can build a machine in a few decades of those 200,000 years that's more intelligent than we are with all that evolutionary heritage is frankly ridiculous. These machines are going to do what we tell them to do. But if we tell them using instructions that are crafted well enough, it will give the illusion of being intelligent. When I don't know how something works, like everybody else, I tend to think it's magic. I'm driving and there are two or three cars lined up at a red light, it immediately turns green and makes the other traffic stop because it's a smart red light, and all it's doing is counting the number of cars that are waiting for it to turn and changes the cycle, changes the frequency, according to the traffic instead of operating on a fixed time cycle. But it looks like a pretty smart red light when you haven't encountered it before and you say “Gee, that's really amazing.” Well, I think that AI as we're experiencing it now is kind of the same as that. It's just a technology that other people understand because they developed it, but we don't because we don't have the knowledge and so we feel like it's magic or intelligence, whichever you want to call it.Benz: There's been a lot written about the glut of skilled, highly trained professionals in the investing field. Can you talk about the level of competition you see now versus what you saw earlier in your career?Siegel: The industry has become way too big. Every stockbroker has become a financial advisor. Ninety-six percent of them ought to tell people buy, hold, diversify, and rebalance and minimize taxes, and then they have to fill in that outline through implementation. In other words, somebody has to do it; their clients aren't qualified to do it. But they should mostly be telling people to buy index funds and to use premixed asset-allocation decisions that conform to what somebody at the headquarters has decided is optimal. To add value for an individual, what you really need to do is be more like a psychologist and a life counselor who says, “You have too much debt, you're not saving enough; you have too many houses; at some point your assets become a liability.” Or you don't have a house at all, you are a renter—you might want to consider a house as a hedge against inflation. But telling them which securities to buy or micromanaging the list of mutual funds, to me, is a fool's errand for most people.Inside the business, that's the public-facing side. Inside the business there are too many security analysts, too many asset allocators, too many broker/dealers. And I think that competition has become more and more people fighting over fewer and fewer real alpha opportunities, and that's why the competition feels so fierce. It used to be an easy business. And it's not easy anymore because the market is more efficient, I guess.Ptak: Wanted to shift gears and talk about asset allocation, specifically the 60/40 portfolio. And my question for you, which is a question I think many are asking, is the 60/40 debt. It's having one of its worst years ever. But the paradox is that yields are now, albeit they're still paltry, they're now a little bit higher and valuations are a tad lower, which you'd think would boost the 60/40's future prospects. What's your take on the 60/40, Larry?Siegel: I think that it's a pretty good consensus outcome of people buying what's available in the market. If you look at the supply of securities, it has to be somewhere around 60/40 because everybody holds it, and the supply and demand have to equilibrate in the long run. But why do issuers produce that ratio? I think that the underlying reason is that for a very long period of history, bonds were a very good investment. If you didn't have 40% in bonds, you wanted to, because they were producing high real returns. And that period is roughly 1981 to 2007. It's a long time. From 1940 to 1981, bonds did terribly because interest rates were going up and up and up, and we didn't have a lot of 60/40 portfolios, but what we had was mostly 0 or 100. Institutions bought fixed income to fund their pension plans. They bought fixed income to fund if there were insurance companies. The big money was in fixed income and equities were this gravy—you sold some stocks to some rich people. And over time as the stock market went up and the bond market didn't go up, you had greater interest in equities, and the consultants who emerged from this world of pension funds settled on 60/40 as a consensus. And so, you've got what I call the standard model. The allocators picked from a list of active managers in each asset class, usually buy way too many of them, didn't have access to index funds or didn't want to buy them. And so, they compared the performance of their active managers to benchmarks, fired the underperforming ones, gave more money to the outperforming ones, and since these things tend to run in cycles, generally underperform the market. They also had to have an overall asset-allocation policy where 50/50 was the tradition that they'd been coming from, but they moved it up to 60/40 because the stock market was beating the bond market and it just stayed there. Stocks are risky. So, 70/30 or 80/20 seemed like it was too volumed. We're all human, and we do what we see the person next to us doing. I think it's really just consensus-building, although there is a supply aspect to it. You have to buy what's out there. And if we all decided to increase our allocation to equities, we couldn't. But we would just be buying them from each other. This is a point Cliff Asness made. He can usually be counted on for very good thinking.Benz: Our research has found that fund investors tend to do a really poor job of utilizing so-called liquid alternative funds. If you take the illiquidity and gates away from alternatives, do you think they can still work for individual investors in the form of liquid alternatives?Siegel: Well, the term liquid alternatives has changed over time. When I started hearing about liquid alternatives in the early to mid-90s, it meant hedge funds and to some extent managed-futures funds because the stuff they were buying was liquid, and then the illiquid alternatives were venture capital and private equity. Over time, liquid alternatives have come to mean liquid to the investor. And when you securitize an alternative investment, you've removed—so that you can trade it like a stock—you've removed the one thing that has tended to give alternative investments better returns, which is the lockup. If you can lock up somebody's money for a long time, you can take risks that don't necessarily pay off in the short run, but that may pay off in the long run. If you take that away, I would rather just invest in liquid nonalternatives, stocks, bonds, and some real estate. Although some people call real estate an alternative. It's the oldest asset class, so I'm reluctant to put it in the alternatives bucket.Ptak: Wanted to shift and talk about endowments. You spent a good chunk of your career in the endowment world. And as you know, a lot of ink has been spilled concerning debates over the endowment model. Some decried it as costly and complex, others defend it as path-breaking. What are the lessons an advisor or an individual investor should take away from the success of the endowment approach? And conversely, what are the lessons they need to unlearn, so to speak?Siegel: I'll start with the last one because it's so easy. The lesson they need to unlearn is that if David Swensen can do it, so can I. He and the people at other big endowments and foundations have access to the best funds because they come to you, you don't have to go ferret them out. The best people they can afford to hire, outstanding analysts and other chief investment officers who can make millions. And if they do lose money, they have this capability of withstanding some pain. A foundation, in particular, which doesn't have professors to pay, or buildings to maintain, or students to give scholarships to, has to pay out 5% of whatever it has at the time, so if it loses some of the assets, their liabilities go down too in a one-to-one correspondence and so, at some level, they don't care. Of course, they do care because it's always better to have more money to give away than less. But the foundation isn't going to be destroyed by a 20% decline in the market.Endowments are a little trickier because the liabilities are not so flexible. If you start paying your professors less, they will just go to another place that doesn't pay less. Students will do the same thing. But these institutions also have a lot of reserve in their fundraising ability. An ordinary individual investor doesn't have any of this backstop. If I want to raise funds, I have to work harder. I'm already working as hard as I can. And I don't have the option to reduce my liabilities by saying I'm just not going to pay them. So, individuals have to be inherently more conservative. You get older, life becomes a race against diminishing capabilities and your risk level has to go down as you get older. So, there's a lifecycle effect that institutions don't experience. So, I would say that's the main lesson is, endowments and foundations have generally done well, but they have some structural advantages over individuals. Unless you have a rich uncle—a university has a rich uncle—which is the alumni and yet that's not an unlimited resource any more than your rich uncle is. But it is a backstop for bad performance.Benz: One investing paradox is that success demands humility, but humility is a tough sell. What's the humblest thing an investor can do to boost their odds of success while also attracting clients? Is it to have a long time horizon?Siegel: Well, the humblest thing an investor can do is buy index funds. It says to the client, I don't know what stocks are going to do best, but other people collectively as a market make pretty good decisions, so I'm just going to trust them to say the prices are roughly right. And when you buy an index fund, you're making a bet that the prices are roughly right. They're obviously not exactly right. In terms of having a long time horizon, it can be humility, or it could be hubris. I can claim to have a long time horizon, but I don't know what liabilities I'm going to face tomorrow, so I better have a short time horizon with some of my investments and I could also live 30 more years, so I need to have a long time horizon with other parts of my portfolio. But the time horizon issue I don't see so much as humility versus hubris, but it's a planning tool that a lot of people don't use effectively.Ptak: One of your more popular pieces of writing in recent years was an article you wrote on investing myths. If I'm not mistaken, I think you've updated it a few times to this point, the most recent being in 2020. Why'd you write it, and how would you change it if you were to update the piece yet again today?Siegel: I wrote it because somebody in Brazil paid me to come down there and give a talk on Siegel's Nine Myths of Investing. So, when that gave me an outline I had to fill in. Most of the myths have changed over time. I've updated it every two to five years. And what would I change now? Well, first of all, you'd have to go back and look at what the myths are. I don't really think I have time to go over all of them. But the one that I would change today is that stocks and bonds are always negatively correlated, so each is a good hedge against the other. It's not true. It runs in cycles. There was a period where they were positively correlated in the ‘90s and then before that at some other time, and all of a sudden, it's back. So, with stock market down, the bond market is also down, and people say, "Diversification doesn't work." Well, first of all, nobody told you to go out and buy the longest bond. Diversification within the bond market works in the sense of holding some less-volatile, shorter-term securities. They sacrifice some yield in order to get that safety. Secondly, stocks and bonds will again be uncorrelated or negatively correlated someday. But this is not that day. And there are other assets. The one that comes to mind is the original alternative investment: cash. Right now, you're losing money in cash in real terms, because inflation is so high. But, on average, over time cash has paid a percent or so over the inflation rate. And then the other one is real estate. I keep coming back to real estate because it has become the unloved stepchild in the investment world. And other than their house, nobody has any. The last time I heard somebody talking about real estate as an investment was probably in the decade of the 2000s, and probably it was going up a lot. Then there was a crash. And the crash stuck in people's minds while real estate itself turned around and went up again. And there may yet be another crash, but it's just another asset class that should probably be in your toolkit.Other myths—I kind of went out on a limb in the last version of that article and started talking more about social and political issues. One is that we can transition to entirely green energy without disrupting the entire world economy. We can't. We either have to transition slowly, which may not be good enough, but I actually happen to think it is, because energy transitions have taken a half century or so—wood, coal, coal to oil, oil to natural gas, and so forth—and the next transition is not going to be all solar and wind. Nuclear power is going to be a vital and probably the most important part of it. So, if the myth that you're subscribing to is the, let's call it the European version, although that's not quite fair because they have plenty of nuclear power in Europe. It's not going to happen, but we're going to need all the energy we've got, because the world is getting richer fast. Growth rates in China are down to 5%. That's still huge. Indonesia is higher than that, and it's a country of 300 million people that most Americans couldn't find on a map. The energy demands are going to be huge from all these different parts of the world that are growing and becoming middle class. And so that myth is something I spent a little time on in the article and I would write more about it next time.Benz: You more or less predicted the spate of inflation we would have before it happened. In fact, one of the myths you wrote about in 2020 was that the government could borrow all it wanted without sparking inflation. What did you see then and what do you think people should be monitoring to assess how long high inflation will persist into the future?Siegel: My forecast at the time was based on basic economic history from the 1700 and 1800s, which is that when the government borrows more money than it can pay back, it's going to pay it back anyway but in cheaper dollars. And the way that you get cheaper dollars is to have inflation. Inflation is a transfer of resources, of real resources, from savers who are bondholders and cash holders, to borrowers, which in this case is the government itself. So, it's tax. So, when you have a budget—that's how government budgets, it's out of balance by a lot for a long time— you're going to have a lot of inflation, because it's the only way the government is going to be able to make those payments on the bonds. I didn't see anything in the economy other than the budget deficits. And it was so early that you could say, I was wrong. There's not much difference between being a decade and a half early and being outright wrong. So, I'll say I was wrong.What I didn't see was the supply catastrophe that came with COVID and our response to COVID. So, when you get a supply shock like the one we've just been through, prices are going to rise, and you don't even need an unbalanced government budget, you don't need budget deficits for prices to rise when there are shortages of things because by ships not being able to dock and workers not coming to work, we just have never seen anything like this. And so, I think the inflation rate will come down from these astronomical rates to something more normal, 2%, 3%, 4%, 5%, but we're not going to go back to zero to 2, because governments have over-leveraged, and deleveraging is always inflationary.Ptak: What role do you think top-down macro should play in an allocation and investing process? Obviously, it's hard to correctly make a macro bet, though we've just talked about one you did correctly make, but it's even harder to translate that into a successful investment. So, should most people just avoid macro and diversify and call it a day?Siegel: If you mean macro bets to guide your general asset-allocation philosophy, I think you should. In other words, if you believe, as I do, that global economic growth, while slowing, is going to be very large in absolute terms for a very long time. In other words, the absolute terms meaning the number of overall dollars, or whatever your currency is, generated by the world economy that you want to hold equities because bonds don't give you a claim to that growth. And they give you a very indistinct claim I wouldn't bank on it. But international investors say that when a country is growing rapidly, the currency goes up, so you get a little bit of diversification that way. But equities are much more powerful, and international equities are frankly cheap relative to the United States. So, that's a macro bet, and I'm recommending it. But again, I recommended it for a long time. I thought the U.S. was expensive. It hasn't been cheap since the 2007-08-09 period. So, you should make an evaluation of those conditions and implement it through your portfolio.In general, most Americans suffer from home country bias because the U.S. is so big that you can get a pretty diversified portfolio with just the S&P 500 actually, because that's a lot of stocks, and those are all the big caps. If you lived in Belgium, you would not be under the illusion that Belgium was the whole world. It's just you can reach the border in an hour from anywhere in the country. So, you've known since you were a little kid that there's a big world out there. We Americans just don't have that intuition. So, that's why I'm saying that international is a macro bet that is reasonable to make. Now, if by macro bets you think that you act like a hedge fund and you think that the pound is going to crash, and that oil is going to go to $70 and then back to $110. No, individual investors should not do that.Benz: People aren't very good at respectfully disagreeing these days. You're someone who seems unafraid of having a fulsome debate. Besides stepping away from social media and the internet, what are some things we can do to exchange differing views without becoming polarized?Siegel: Well, if I knew I would run for President. People have become dug in—I don't like it at all. Spend a quarter of your reading time reading points of view that you know in advance you're going to disagree with, see how that person expresses themselves and what arguments they make and trying to take their side mentally while you're reading it. Consider maybe I'm wrong, maybe they're right. If I name some names, that would be too obvious where my biases are. But I would read the moderates on the other side, because the extremists are extremists, and they overstate everything. That's about all I can think of other than be nice. If the people you care about and generally respect have different views from you, ask yourself why. It's not because they're crazy or stupid or evil. It's because they've looked at the same data in the broad sense. They've looked at the same world and come up with different conclusions. Try to think about why that might happen, and then picture them doing that to you. That's about all I have to say about that.Ptak: Well, that's great advice and I think a great way to close this conversation, which we very much enjoyed, Larry. Thanks so much for your time and insights. We very much enjoyed having you on The Long View.Siegel: Well, thank you very much.Benz: Thanks so much, Larry.Ptak: Thanks for joining us on The Long View. If you could, please take a minute to subscribe to and rate the podcast on Apple, Spotify, or wherever you get your podcasts.You can follow us on Twitter @Syouth1, which is, S-Y-O-U-T-H and the number 1.Benz: And @Christine_Benz.Ptak: George Castady is our engineer for the podcast and Kari Greczek produces the show notes each week.Finally, we'd love to get your feedback. If you have a comment or a guest idea, please email us at TheLongView@Morningstar.com. Until next time, thanks for joining us.(Disclaimer: This recording is for informational purposes only and should not be considered investment advice. Opinions expressed are as of the date of recording. Such opinions are subject to change. The views and opinions of guests on this program are not necessarily those of Morningstar, Inc. and its affiliates. Morningstar and its affiliates are not affiliated with this guest or his or her business affiliates unless otherwise stated. Morningstar does not guarantee the accuracy, or the completeness of the data presented herein. Jeff Ptak is an employee of Morningstar Research Services LLC. Morningstar Research Services is a subsidiary of Morningstar, Inc. and is registered with and governed by the U.S. Securities and Exchange Commission. Morningstar Research Services shall not be responsible for any trading decisions, damages or other losses resulting from or related to the information, data analysis or opinions or their use. Past performance is not a guarantee of future results. All investments are subject to investment risk, including possible loss of principal. Individuals should seriously consider if an investment is suitable for them by referencing their own financial position, investment objectives and risk profile before making any investment decision.)

Critical Matters
Point of Care Ultrasonography (POCUS)

Critical Matters

Play Episode Listen Later Dec 23, 2021 66:54


In today's podcast episode, we will discuss Point of Care Ultrasonography (POCUS). We examine key trends in technology, the relationship of POCUS to consultative ultrasonography, growing clinical applications, and challenges with POCUS. Our guest is Dr. Jose Luis Diaz-Gomez. Dr. Diaz- Gomez is the Chief of Transplant, Cardiovascular, and Mechanical Support Critical Care, and Director of Critical Care Echocardiography at Baylor, St. Luke's Medical Center in Houston, Texas. He is a Senior Faculty in Cardiovascular Anesthesia and Critical Care at Baylor College of Medicine. Additional Resources: Point of Care Ultrasonography. By J.L. Diaz-Gomez et al. New England Journal of Medicine 2021: https://bit.ly/3JftVPt Multi-organ point of care ultrasound for COVID-19 (PoCUS4COVID). Expert Consensus: https://bit.ly/3mrXvaF Society of Critical Care Medicine Resources for critical care ultrasound: https://bit.ly/3yZsW1m Point of care ultrasonography Certification – CHEST: https://bit.ly/32bZfyd Books Mentioned in this Episode: The Myth of Artificial Intelligence: Why Computers Can't Think the Way We Do. By Erik Larson: https://amzn.to/3ySWDRm Essentialism: The Disciplined Pursuit of Less. By Greg McKeown: https://amzn.to/3EfVeFT

Bottle of Brown
Episode #38 - Brown Bulletin!

Bottle of Brown

Play Episode Listen Later Oct 6, 2021 84:24


URL links mentioned in the show:Life Hacks - These Common Household Items Have Mind-Blowing Hidden Functions - Trendy Matter Traffic book - Amazon.com: Traffic: Why We Drive the Way We Do (and What It Says About Us) (Audible Audio Edition): Tom Vanderbilt, Marc Cashman, Random House Audio: Audible AudiobooksRecorded on Thursday, August 5 2021Email the show at bottleofbrown@gmail.comLeave us a voicemail! +1-602-529-4562

amazon bulletin marc cashman way we do traffic why we drive
Something You Should Know
SYSK Choice: Think Like an Ant When You Drive & Ways to Optimize Your Likability

Something You Should Know

Play Episode Listen Later Sep 18, 2021 40:15


How could using reusable grocery bags affect your body? f you take your own bags to the grocery store, there may be an unintended health consequence – and it's not good. Listen as this episode begins by revealing what happens to some people who use reusable grocery bags. https://grist.org/food/are-your-reusable-grocery-bags-making-you-fat/ Every driver has a real impact on the flow of traffic according to Tom Vanderbilt, author of the book Traffic: Why We Drive the Way We Do and What It Says About Us (https://amzn.to/2XTgPDL). Tom joins me to explain why traffic flows the way it does, why it sometimes stops for no reason and how your driving affects other drivers. He also reveals what we can all do to make the traffic flow better. Do you know the best way to get ketchup out of the bottle? Everyone seems to have their own technique. However, the people at Heinz ketchup created a secret little way that works if you know what to look for. I'll explain their method which actually works on any ketchup bottle. https://www.today.com/food/how-get-ketchup-out-bottle-trick-heinz-57-t118061 Some people are just more likable than others. And there are some simple strategies anyone can use to make themselves more likable. Michelle Tillis Lederman author of the book The 11 Laws of Likability (https://amzn.to/2LwUoxn) is here to explain what makes someone likable and how anyone can improve their likability. PLEASE SUPPORT OUR SPONSORS! Helix Sleep is offering up to $200 off all mattress orders AND two free pillows for our listeners at https://HelixSleep.com/SYSK Listen to Build For Tomorrow with Jason Feifer, our favorite new podcast, right here! https://apple.co/3rPM8La or visit https://www.jasonfeifer.com/build-for-tomorrow/ Omaha Steaks is the best! Get awesome pricing at https://OmahaSteaks.com/BMT T-Mobile for Business the leader in 5G, #1 in customer satisfaction, and a partner who includes benefits like 5G in every plan. Visit https://T-Mobile.com/business Discover matches all the cash back you earn on your credit card at the end of your first year automatically and is accepted at 99% of places in the U.S. that take credit cards! Learn more at https://discover.com/yes JUSTWORKS makes it easier for you to start, run and grow a business. Find out how by going to https://justworks.com https://www.geico.com Bundle your policies and save! It's Geico easy! Never try to beat a train across the tracks. Stop. Trains can't. Paid for by NHTSA Learn more about your ad choices. Visit megaphone.fm/adchoices

Talks at Google
Ep170 - Tom Vanderbilt | Traffic: Why We Drive the Way We Do | Talks at Google

Talks at Google

Play Episode Listen Later Aug 13, 2021 56:26


Tom Vanderbilt is an author who writes about design, technology, science, and culture for Wired, Slate, The New York Times, and many other publications. His book entitled “Traffic: Why We Drive the Way We Do (and What It Says About Us)" is based on exhaustive research and interviews with driving experts and traffic officials around the globe. The book gets under the hood of the everyday activity of driving to uncover the surprisingly complex web of physical, psychological, and technical factors that explain how traffic works, why we drive the way we do, and what our driving says about us.  Vanderbilt examines the perceptual limits and cognitive underpinnings that make us worse drivers than we think we are. He demonstrates why plans to protect pedestrians from cars often lead to more accidents; how roundabouts, which can feel dangerous and chaotic, actually make roads safer—and reduce traffic in the bargain. He uncovers who is more likely to honk at whom, and why. He explains why traffic jams form, outlines the unintended consequences of our quest for safety, and even identifies the most common mistake drivers make in parking lots. Originally recorded on August 14, 2008. Watch the video of this event: g.co/TalksAtGoogle/WhyWeDrive.

unSILOed with Greg LaBlanc
The Benefits of Lifelong Learning feat. Tom Vanderbilt

unSILOed with Greg LaBlanc

Play Episode Listen Later May 10, 2021 40:20


When was the last time you learned a new skill? Maybe you've always wanted to teach yourself how to rollerblade, to speak French, or to woodwork. What's stopping you?Today, we speak with journalist and author Tom Vanderbilt. His most recent book is called Beginners: The Joy and Transformative Power of Lifelong Learning. Inspired by his daughter, Tom tries to learn how to sing, surf, juggle and draw. Along the way, he attempts to figure out why adults stop learning for learning's sake.In this episode, we'll hear more from Tom about the “Cult of Mastery” and how we worry too much about being good rather than just being.We'll also talk about why so many of us stop trying to learn new things and take a lesson or two from the curiosity and resilience of children.Episode Quotes:On the “Cult of Mastery”:“I could learn to separate performance from pleasure… I think that's a symptom of our age, that cult of mastery, of needing to be good at something. And it particularly affects adults. I think when they go into the learning process this is something that distinguishes them from children who you know, children learn in a very low-pressure environment, it's been suggested. This is one of the reasons they're so, so adept at learning, but adults, you put all this immediate pressure on themselves, they don't want to look bad.”On getting out of your own way:● “I saw in a lot of these things trying to get yourself out of the way of what you were trying to learn and become instead a learning machine that was just adopting whatever algorithm it was, rather than doing a lot of active thinking on your own, because that act of thinking often gets in the way of motor skill activity.”On why masters don't always make the best teachers:● “There's an interesting argument that people can learn better from watching the error-filled efforts of fellow novices or maybe even intermediate performers.”Show Links:LinkedInTom Vanderbilt WebsiteOrder Book: Beginners: The Joy and Transformative Power of Lifelong LearningOrder Book: You May Also Like: Taste in an Age of Endless ChoiceOrder Book: Traffic: Why We Drive the Way We Do

Hyper Curious
Tom Vanderbilt -- The Curious Power Of Lifelong Learning

Hyper Curious

Play Episode Listen Later May 6, 2021 32:25


For all of us who are hyper curious, who are motivated to learn new things in our lives, today’s guest, Tom Vanderbilt, is an inspiration. “One of the greatest ways to kickstart a desire to stay curious, to stay intellectually humble, to admit that you don't know everything that's out there, is to take up a new skill in which you have no background.”Tom is a journalist and author of New York Times bestseller Traffic: Why We Drive the Way We Do and Beginners: The Joy And Transformative Power of Lifelong Learning. Tom writes on many subjects for many publications, including Wired, The Financial Times, The Wall Street Journal, Rolling Stone and the New York Time Magazine. In this episode, we talk about the beginner's mind and why adults stop learning, how absorbing completely new skills triggers your curiosity to look at the world around you with a fresh perspective, and why we should be inspired by kids when they playfully try and fail and learn, as opposed to having a big goal to get to.“Skill learning could help combat stress and build resilience because you no longer feel as if your life is dependent on a few things.”From the importance of openness to experience, to mastering what you’ve learned by repeating and practicing it, to why the disruptive pandemic has forced us to change and given us a good excuse to learn new things. “A lot of life is very habitual. We're not even aware of how much is habitual and one of the greatest ways to induce behaviour change is to have a disruption in one's life.”If you’re a founder, starting a company or changing career, this is a truly curious episode that will hopefully inspire you to be a lifelong learner.On today’s podcast: Why he wrote Beginners The main traits of hyper curious people The risk of being a generalist How the pandemic induced collective behaviour change Don’t rely on goals Links: Twitter: @tomvanderbilt LinkedIn: Tom Vanderbilt Tom Vanderbilt

Motherhood Unstressed
Beginners, How to Stoke the Joy and Transformative Power of Lifelong Learning with Best Selling Author Tom Vanderbilt

Motherhood Unstressed

Play Episode Listen Later Apr 12, 2021 30:52


When was the last time you learned how to do something completely new? In this episode of the podcast, I ask best selling author Tom Vanderbilt about his new book "Beginners" and why engaging in the childhood joy of learning is so important, especially as we age.  Public Goods - Use code Unstressed for $15 off your order. Motherhood Unstressed CBD - Stress Less. Use code podcast to save 15% at www.motherhoodunstressed.com  Learn more about my guest at tomvanderbilt.com Get the Book! TOM VANDERBILT, has written for many publications, including The New York Times Magazine, The Wall Street Journal Magazine, Popular Science, Financial Times, Smithsonian, and London Review of Books, among many others. He is a contributing editor of Wired UK, Outside, and Artforum. He is the author of You May Also Like: Taste in an Age of Endless Choice, Traffic: Why We Drive the Way We Do (and What It Says About Us), and Survival City: Adventures Among the Ruins of Atomic America. He has appeared on a wide range of television and radio programs, from the Today show to the BBC’s World Service to NPR’s Fresh Air. He has been a visiting scholar at NYU’s Rudin Center for Transportation Policy and Management, a research fellow at the Canadian Centre for Architecture, a fellow at the Design Trust for Public Space, and a winner of the Warhol Foundation Arts Writers Grant, among other honors. He lives in Brooklyn, New York. Learn more about my guest at tomvanderbilt.com "Beginners is ultimately about more than learning. It's about the possibilities that reside in all of us." --Daniel H. Pink, New York Times best-selling author of When, Drive, and To Sell is Human The best-selling author of Traffic and You May Also Like gives us an inspirational journey into the transformative joys that come with starting something new, no matter your age Why do so many of us stop learning new skills as adults? Are we afraid to fail? Have we forgotten the sheer pleasure of being a beginner? Or is it simply a fact that you can't teach an old dog new tricks? Inspired by his young daughter's insatiable need to know how to do almost everything, and stymied by his own rut of mid-career competence, Tom Vanderbilt begins a year of learning purely for the sake of learning. He tackles five main skills (and picks up a few more along the way), choosing them for their difficulty to master and their distinct lack of career marketability--chess, singing, surfing, drawing, and juggling. What he doesn't expect is finding himself having rapturous experiences singing Spice Girls songs in an amateur choir, losing games of chess to eight-year-olds, and dodging scorpions at a surf camp in Costa Rica. Along the way, he interviews dozens of experts to explore the fascinating psychology and science behind the benefits of becoming an adult beginner. Weaving comprehensive research and surprising insight gained from his year of learning dangerously, Vanderbilt shows how anyone can begin again--and, more important, why they should take those first awkward steps. Ultimately, he shares how a refreshed sense of curiosity opened him up to a profound happiness and a deeper connection to the people around him--and how small acts of reinvention, at any age, can make life seem magical.

The Lawfare Podcast
The Myth of Artificial Intelligence

The Lawfare Podcast

Play Episode Listen Later Mar 31, 2021 60:50


Alvaro Marañon sat down with Erik Larson, a computer scientist, tech entrepreneur and author of the new book, "The Myth of Artificial Intelligence: Why Computers Can't Think the Way We Do." They talked about his background and expertise with artificial intelligence, what shaped our modern perception of AI and why the next big break in AI always appears to be 10 or 20 years away. They also discussed the current limitations of artificial intelligence, whether there are any dangers to our current approach and whether AI's advancement to super intelligence is really inevitable.

The Upgrade by Lifehacker
How to Be a Beginner, With Journalist Tom Vanderbilt

The Upgrade by Lifehacker

Play Episode Listen Later Mar 8, 2021 38:04


This week we're learning how to embrace being a beginner again (and why we should) with help from journalist Tom Vanderbilt. Tom is the best-selling author of Traffic: Why We Drive the Way We Do (and What It Says About Us), and You May Also Like: Taste in an Age of Endless Choice, and his latest book is Beginners: The Joy and Transformative Power of Lifelong Learning. Listen to hear Tom describe how becoming a beginner again can change your perspective and offer multiple cognitive benefits, as well as tips on how to get over the initial hump of getting started.Have an idea for a future episode? Call us at 347-687-8109 and leave a voicemail, or write to us at upgrade@lifehacker.com. We want to hear from you!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Retirement Wisdom Podcast
Learning is a Lifetime Sport – Tom Vanderbilt

The Retirement Wisdom Podcast

Play Episode Listen Later Jan 26, 2021 31:24


  What comes to mind when you hear the phrase lifelong learning? Formal classes, with homework, delivered over Zoom? That's part of it. But there's another dimension that our guest Tom Vanderbilt, the author of the new book Beginners: The Joy and Transformative Power of Lifelong Learning, highlights. He writes about learning a new skill, as opposed to acquiring knowledge. And he's not focused on professional skills. His book is about learning new skills - for fun. Intrigued by his daughter beginning to learn chess, he decided to learn along with her. And that began a journey of learning how to surf, sing, draw and juggle. His book shares his experiences and explores the science of learning, including why cultivating a Beginner's Mind is key for adults committed to lifelong learning. We discuss: The story of how his daughter learning chess led to this book The benefits of learning a new skill Why being a beginner is more challenging for adults Why  a 'Beginner's Mind' is helpful What gets in our way What he learned about unlearning The advantages of learning a new skill in groups How couples can benefit from learning a new skill together Why juggling can be a good learning experience Why these times are perhaps the best of times for lifelong learning ________________________ Bio Tom Vanderbilt has written for many publications and is a contributing editor of Wired (U.K.), Outside, and Artforum. He is the author of Traffic: Why We Drive the Way We Do (and What It Says About Us) and Survival City: Adventures Among the Ruins of Atomic America. He has been a visiting scholar at NYU’s Rudin Center for Transportation Policy and Management, a research fellow at the Canadian Centre for Architecture, a fellow at the Design Trust for Public Space, and a winner of the Warhol Foundation Arts Writers Grant, among other honors. Tom Vanderbilt writes on design, technology, science, and culture, among other subjects, for many publications, including Wired, Outside, The London Review of Books, The Financial Times, The Wall Street Journal, The Wilson Quarterly, Artforum, The Wilson Quarterly, Travel and Leisure, Rolling Stone, The New York Times Magazine, Cabinet, Metropolis, and Popular Science. He is contributing editor to Artforum and the design magazine Print and I.D., contributing writer of the popular blog Design Observer, and columnist for Slate magazine. He has consulted for a variety of companies, from ad agencies to Fortune 500 corporations, and has given lectures at a variety of institutions around the world, from the Eero Saarinen Lecture at Yale University’s School of Architecture to the Australasian Road Safety Conference in Canberra. He has appeared on a wide variety of radio and television programs around the world, including NBC’s Today Show, ABC News’ Nightline, NPR’s Morning Edition, Fresh Air with Teri Gross, the BBC’s World Service and The One Show, MSNBC’s Morning Joe, Fox Business, and CNN’s Business Today, among many others. He is a Visiting Scholar at New York University’s Rudin Center for Transportation Policy and Management, and has received fellowships from the Andy Warhol Foundation for the Visiting Arts, the Design Trust for Public Space, and the Canadian Centre for Architecture. He is also a member of the U.S. Department of Interior’s Cold War Advisory Committee, a group studying the identification of sites and resources significant to the Cold War. __________________________ Wise Quotes On Learning a New Skill "...As my daughter was sitting there learning this new thing, I thought, why shouldn't I also try to learn this thing? ...And so this little experiment was born in which we were, these two people separated by four decades of age, trying to learn the same thing. We were beginners at the same skill, but coming to it from a totally different place. And that experience I went through just opened my eyes as to just how long it had been since I'd really t...

Something You Should Know
Interesting Quirks of Being Human & The Weird Ways We Count Things

Something You Should Know

Play Episode Listen Later Dec 14, 2020 50:57


During the holidays, we use a lot of power strips to plug in lights and decorations. So this episode begins with a list of things to NEVER do with power strips for the safety of everyone in your home. And you will probably be surprised by some of what you hear. https://www.familyhandyman.com/article/things-you-should-never-do-with-power-strips/ As a group, we humans are kind of quirky. There are things we do and ways we behave that are uniquely human and sometimes cause problems for ourselves and fellow humans. Joining me to explore some of the fascinating quirks of our humanness is Marty Jopson. Marty is the resident science reporter on BBC TV’s “The One Show” and is author of the book, The Science of Being Human: Why We Behave, Think and Feel the Way We Do (https://amzn.to/2VYTZqY). One interesting difference between men and women is that men are generally better at asking for what they want. Listen as I describe the consequences of that and what women can do to get more of what they want - and the solution is pretty simple. http://www.womendontask.com/questions.html Counting is one of those things you take for granted. Nothing is more objective than counting. If you want to find out how many of something - you count. However, it turns out that counting is actually a bit trickier than that. People can use numbers and counting to deceive you if you don’t understand what they are doing. Here to explain the intricacies of counting is Deborah Stone. She is a scholar who has taught at Brandeis, MIT, Duke, Dartmouth, Yale, Tulane, among others and she is author of the book Counting: How We Use Numbers to Decide What Matters (https://amzn.to/33UeKZ1) PLEASE SUPPORT OUR SPONSORS! https://www.geico.com Bundle your policies and save! It's Geico easy! Get Honey FREE and start saving on your online purchases! Simply go to JoinHoney.com/Something and start saving! https://www.joinhoney.com/page/dr-us-simplified-yellow-general/?utm_campaign=PODC_All_Audio_All_Education_NA_NA_something_DR-US-Simplified-Yellow-General&utm_source=podc&utm_medium=aud&utm_term=undefined&utm_content=undefined&from=r https://deals.dell.com/en-us or 1-800-BUY DELL for the best savings available now! https://www.bluenile.com Use Promo Code: SYSK to get $50 off orders of $500 or more at BlueNile.com! Get great cardio and strength training! Go to JoinFightCamp.com/something for free shipping and a gift worth $109 https://joinfightcamp.com/?utm_source=Podcast&utm_medium=Radio&utm_campaign=Something_You_Should_Know&utm_term=know&utm_content= Learn more about your ad choices. Visit megaphone.fm/adchoices

The Civil Engineering Academy Podcast
CEA - Transportation Engineering with Britney Ward

The Civil Engineering Academy Podcast

Play Episode Listen Later Jun 9, 2020 34:32


Britney is a good friend of mine. Today I bring her on the show to discuss what she does an engineer, how she got here, and what she's passionate about. She shares some great resources and talks about being a female in a very male dominate industry (we need more female civil engineers!). It's a fun episode so check it out! Resources Mentioned 99 Designs - if you're in the hunt for a new log for your business, new business cards, or anything graphically-related then you'll want to check them out! Use our link and get a graphic upgrade. https://www.civilengineeringacademy.com/99designs PPI - PPI is our partner to help you ace your FE and PE exams. Use our discount code of CIVAC and our link at https://www.civilengineeringacademy.com/ppi to get 15% off any book you order. CEA Community - haven't joined up on our free community? What's wrong you? J/K. Ok, just go to https://www.ceacommunity.com and join a group of like-minded civil engineers! Civil Engineering Academy - if you need exams, solved problems or courses make sure to check out our home base. https://www.civilengineeringacademy.com LDS Jobs - if you're in the hunt for a job Britney mention using ldsjobs.org! Check them out. Recommended Book: Britney mentioned this book as a good resource, Traffic: Why We Drive the Way We Do (and What it Says About Us) by Tom Vanderbilt. You can check that out here. Facebook Group - Britney also mentioned using the Facebook group A Mighty Girl to learn about the amazing features of women! --- Send in a voice message: https://anchor.fm/civilengineeringacademy/message

Why Do We...
Ep 5: Why Do We Respond the Way We Do to a Pandemic?

Why Do We...

Play Episode Listen Later Mar 20, 2020 41:46


We are living through an unprecedented time. Facing a global pandemic, many of us have been struck by unknown waves of worry, shock, and sadness. In this period of uncertainty, social distancing, and increased isolation, we may feel alone and afraid. Many of us are asking how can we navigate this uncharted emotional territory, cope... Read more » The post Ep 5: Why Do We Respond the Way We Do to a Pandemic? appeared first on PsychAlive.

Something You Should Know
How YOUR Driving Affects Traffic & How You Can Make Yourself More Likable

Something You Should Know

Play Episode Listen Later Jul 25, 2019 37:01


If you take your own bags to the grocery store, there may be an unintended health consequence – and it’s not good. This episode begins by revealing what happens to some people who use reusable grocery bags. https://grist.org/food/are-your-reusable-grocery-bags-making-you-fat/How you drive has a real impact on the flow of traffic. Tom Vanderbilt, author of the book Traffic: Why We Drive the Way We Do and What It Says About Us (https://amzn.to/2XTgPDL) joins me to explain why traffic flows the way it does, why it sometimes stops for no reason and how your driving affects other drivers. He also reveals what we can all do to make traffic work better.What’s the best way to get ketchup out of the bottle? Everyone seems to have their own technique. However, the people at Heinz ketchup created a secret little way that works if you know what to look for. I’ll explain their method which actually works on any ketchup bottle. https://www.today.com/food/how-get-ketchup-out-bottle-trick-heinz-57-t118061Some people are just more likable than others. And there are some simple strategies anyone can use to make themselves more likable. Michelle Tillis Lederman author of the book The 11 Laws of Likability (https://amzn.to/2LwUoxn) is here to explain what makes someone likable and how anyone can improve their likability.This Week’s Sponsors-Native Deodorant. For 20% off your first purchase go to www.nativedeodorant.com and use the promo code SYSK at checkout -Grove. Get a 3-piece cleaning set from Mrs. Meyer’s spring scents, a free 60-day VIP membership, and a surprise bonus gift just for you when you sign up and place an order of $20 or more at www.grove.co/something-Linked In Jobs. Get $50 off your first job post at www.LinkedIn.com/podcast-Proactiv. Go to www.Proactiv.com/SOMETHING and with your order, you'lll also receive Proactiv’s “On the Go Bag” (close to a $100 value!) PLUS FREE SHIPPING & a 60 Day Money Back Guarantee!-Embark DNA Kit. Go to www.EmbarkVet.com and use Promo code SOMETHING to save 15% off your Dog DNA Test Kit

The Science of Sex
#45 – The Truth About Female Infidelity

The Science of Sex

Play Episode Listen Later Oct 23, 2018 62:19


Are women’s sex drives really weaker than men’s? Are women really less likely to cheat–or want to cheat? Are they really better suited for monogamy? And how much are these gender differences due to nature vs. nurture? In Episode 45, we bring best-selling author http://www.wednesdaymartin.com/ (Dr. Wednesday Martin) on the show to talk about her new book http://wednesdaymartin.com/books/untrue/ (UNTRUE: Why Nearly Everything We Believe About Women, Lust, and Adultery is Wrong and How the New Science Can Set Us Free,) which reviewers say totally upends our common beliefs about these issues. Tune in to hear some of the surprising insights Dr. Martin gleaned from her interviews with numerous (mostly female!) researchers across a range of academic disciplines, discussions with women living various adulterous or openly nonmonogamous lifestyles, and immersive visits to sex parties and sex workshops.  We had such a fascinating–and at times heated–conversation with Dr. Martin, that we decided to devote the whole episode to it and skip the foreplay this time. Please enjoy, share, and get Dr. Martin’s book for even more info on the subject. About our Guest https://scienceofsexpodcast.com/wp-content/uploads/2018/10/9780316463614_Wednesday-Martin_Don-Flood.jpg ()http://www.wednesdaymartin.com/ (Dr. Wednesday Martin) is a feminist cultural critic and #1 New York Times bestselling author. She earned her PhD in comparative literature and cultural studies, with a focus on anthropology, from Yale University. Her other notable books include Stepmonster: A New Look at Why Real Stepmothers Think, Feel, and Act the Way We Do and her memoir Primates of Park Avenue.” The Atlantic calls UNTRUE “revolutionary” and predicts “it may well set off nuclear bombs in bedrooms and boardrooms.” Visit her http://www.wednesdaymartin.com/ (website) or follow her on Instagram https://www.instagram.com/wednesdaymartinphd/?hl=en (@wednesdaymartinphd) or Twitter https://twitter.com/WednesdayMartin (@wednesdaymartin).   Before Next Time… Remember to like The Science of Sex Podcast on https://www.facebook.com/ScienceofSexPodcast/ (Facebook), https://twitter.com/ScienceofSexPod (Twitter), and https://www.instagram.com/scienceofsexpodcast/ (Instagram)!      For more sex science articles, events and discussions please join our https://www.facebook.com/groups/1930239240355951/ (Science of Sex Facebook group)! Visit https://www.adameve.com (Adam & Eve) and use promo code SCIENCE for 50% off just about any product. Plus 3 FREE adult DVDs, FREE mystery gift and FREE shipping. Check out Dr. Zhana on November 20th at her Think & Drink event where she will be debunking some common myths about the female orgasm, learn while enjoying a drink! Buy tickets https://www.drove.com/action/5bc4b05d3af7640001eb3477?via=5a98702d8c66a009178d6cde&utm_medium=copy+link&skey=.Fa3 (here). Remember to submit comments, questions, and everything in between on our https://scienceofsexpodcast.com/contact/ (Get in Touch Page)! Do you love The Science of Sex Podcast and all the work Dr. Zhana does? Support her by becoming a monthly https://www.patreon.com/drzhana (Patreon Supporter)! Facebook Twitter Google+ Pinterest LinkedIn 9Shares

Love Yourself To Happiness Show
37- Stepmoms Who Are Committed To Personal Growth And Living Their Best Life With ​Anna De Acosta

Love Yourself To Happiness Show

Play Episode Listen Later Jul 16, 2018 38:10


Anna de Acosta is creator of The Mindful Stepmom series of guided-audio meditations, designed to help stepmoms cope with common challenges and feelings faced along their journey. Having worked for years in medical and family care-giving research, Anna understands that there is no one-size-fits-all solution when it comes to families. She also understands that the challenges we face as moms and stepmoms are an opportunity for personal development and healing, that each person's path is unique, and that we have access to the answers we're looking for by connecting with our intuition. She's a mom and full-time stepmom who lives in Peru with the love of her life and their 4 children. Anna writes regularly for Stepmom Magazine and her blog at annadeacosta.com Type of coaching: Anna works with stepmoms to help them gain control of their life and live in peace despite the chaos that may be going on around them. Specific Techniques: Practical mindfulness, compassionate inquiry (Dr. Gabor Mate), helping you identifying your role in the situation and any limiting beliefs that are holding you back from thriving, compassionately acknowledging the past and choosing to live differently in the present, inner child work, guided meditations, empowering yourself by learning to distinguish between what you can/cannot control, control what you can (your own beliefs, thoughts and emotions) and let go of the rest. Mission statement: I help stepmoms use their intuition as a guide to honor their desires and live in peace in their blended families. In Today’s Episode We Chat About: Common challenges with the biological mothers Co-parenting (letting go of what you can’t control) To pick and choose your battles with the children Showing what you mean is better than saying it Letting kids process and express anger is okay and help them process that and not just ignore it Trust the process Make the best of what you have Book Recommendations: Stepmonster: A New Look at Why Real Stepmothers Think, Feel, and Act the Way We Do by Wednesday Martin Ph.D. Miracles Now: 108 Life-Changing Tools for Less Stress, More Flow, and Finding Your True Purpose by Gabrielle Bernstein The private healthcare system where we live I’m in a place with internet access in this cafe even though not at home because of a scheduled power outage That we’re planning a trip to Canada in August The Mindful Stepmom: 2 free meditations on my website www.annadeacosta.com Social Media Instagram @annadeacosta Facebook https://www.facebook.com/themindfulstepmom/ www.annadeacosta.com

Track Changes
Tom Vanderbilt explains all of your choices

Track Changes

Play Episode Listen Later Oct 24, 2016 45:38


How does the web shape our taste—and our choices? This week Paul and Rich talk to Tom Vanderbilt, author of You May Also Like: Taste in an Age of Endless Choice. They examine how online ratings affect our perceptions, the power of negative reviews, and Tom and Rich’s shared appreciation (/love) for Rush. They also discuss Tom’s previous book, Traffic: Why We Drive the Way We Do (and What It Says About Us), and how his research led him deep into the world of cycling.

Kobo Writing Life Podcast
#59 - Exploring Personal Tastes with Tom Vanderbilt

Kobo Writing Life Podcast

Play Episode Listen Later Jun 7, 2016 36:19


Nathan Maharaj, Kobo's Director of Merchandising, interviews Tom Vanderbilt, the best-selling author of Traffic: Why We Drive the Way We Do, about his latest book You May Also Like: Taste in an Age of Endless Choice which is an interesting exploration of our personal tastes and what it says about us. During the interview, Nathan and Tom discuss: The role that red pants came to play in Tom's book when he was living in Madrid and how that relates to the “mere exposure” effect The role of context in how we experience things The language element involved in a dining experience (and a callout to Dan Jurafsy's book The Language of Food: A Linguist Reads the Menu The effect by which the guided “headphone” tour through an art museum can alter the user's experience within a gallery, including the cognitive tunneling that can occur A unique book that was created with a built in camera and facial recognition software entitled The Cover That Judges You that was designed to only open if the person looking at the cover displayed a completely neutral face. The effect on social liking and music, musical tastes, how the long tail got longer and how popularity has gotten more hierarchical rather than less so The phenomenon of “guilty pleasures” and the difference between guilt and shame How taste can be a more taboo subject than sex or money The idea of not trusting the “easy like” The interesting juxtaposition between “freedom of choice” and “freedom from choice” KWL Director Mark Lefebvre then speaks about the concept of reviews and refers to something Tom mentioned in the interview regarding how both five star and one star reviews are sometimes interpreted by consumers and the importance of having a wide spread of reviews to make the product reviews seem more “natural”   OTHER LINKS OF INTEREST: Tom Vanderbilt's website Tom Vanderbilt on Twitter    

Cloud Stories | Cloud Accounting Apps | Accounting Ecosystem

Today on episode 44 of the Cloud Stories podcast I’m talking with Jacqui Jones the founder of Way We Do, a cloud based standard operating procedures platform. Although Jacqui’s career started in film and TV, she accidently fell into the Internet industry right at the beginning of the Web with Netscape Navigator 1.2. She moved from Brisbane to Auckland for a 6 month contract, which turned into 14 years.   Her career has spanned a range of Internet specific roles including digital product management at APN, Head of Digital Product at Yellow NZ, Marketing Manager and SEO Consultant at Netconcepts (NZ & US), Communications Manager at The Electronic Commerce Network (ECN), owner of web development agency Webenz, and Product Manager at MessageMedia, a subsidiary of NZ Post.   Way We Do is a cloud based standard operating procedures software, enabling businesses to create electronic work instructions, such as policies, procedures and checklists, so teams won’t forget simple or complex tasks when they do their day to day work. Business owners implement Way We Do primarily for productivity and compliance purposes. Subscribers currently come from 9 countries, ranging from small businesses with a handful number of team members to large enterprises with thousands of employees.  Way We Do is used by a variety of industries including accounting firms, bookkeepers, professional services, retail, trade, medical, manufacturing, technology and many more.    Subscribe to Episode 44 of Cloud Stories on iTunes: https://itunes.apple.com/au/podcast/cloud-stories-heather-smith/id908333807   In this episode I talk to Jacqui about: Dan and Jacqui started ‘Way We Do’ after starting a business called Key Word Intent – a software and internet marketing business. They participated in the Business Mastery –Turn Key program at the National College of Business in 2012. Discovered they and other businesses were struggling with the tools they were using to document their business. So they decided to create a solution to solve this problem. Jacqui discusses how customers affected their brand evolution which currently includes old planes and emblems. Jacqui likes inventors, curious people and problem solvers. Jacqui uses Xero, ZenDesk and CapsuleCRM though may replace Capsule with Hubspot, in their own business. Discussion about online note taking solutions – I use iAWriter. Jacqui trialled Evernote. Why should businesses systemise and document their policies and procedures? To scale up you need to document policies and procedures so your staff know what to do and you deliver quality and consistently. Procedures can free up a business, so you can run the business without being in there. Plus they have a business they can sell, license or franchise. Keep refining and improving processes Coaches recommend running a business like a franchise. You should start systemising business from day one, especially if you hope to employ people, and scale up. Implementing procedures can cut out a layer of waste in the business. Anyone in the organisation can document policies and procedures: subject matter expert, business owner, or pair people with writers to extract. Hire specialist technical writers. Start on one part of the business first – Jacqui suggests tackling the biggest problem area first – so you get a few wins on the board. To create a positive feel about the process of implementing processes! WayWeDo prompts the team back to the solution to keep using the operations manual. This minimises inconsistency with brand experience. WayWeDo is built on an API so can connect with other solutions. Pitching to Venture Capitalist and raising capital for the right reasons. RiverPitch and lessons learnt. The WayWeDo incorporates images, video and audio and different learning styles – important for people who struggle with reading or learning difficulties. Aids with outsourcing and with non-English speakers. WayWeDo has a partner programme.   Today’s episode is sponsored by Spotlight Reporting.   Resources mentioned in this interview   Xero https://www.xero.com/au/ Evernote https://evernote.com/ iaWriter https://ia.net/writer/ios/ Capsule CRM https://capsulecrm.com/ ZenDesk https://www.zendesk.com/ Hubspot http://www.hubspot.com/ Business Mastery –Turn Key program at the National College of Business   Connect with Jacqui   https://www.xero.com/au/ Website: www.waywedo.com LinkedIn: www.linkedin.com/company/way-we-do/ Facebook: www.facebook.com/waywedo Twitter: https://twitter.com/waywedo Google+: https://plus.google.com/+Waywedo/   Thanks for listening! What’s been your biggest learning from today’s episode? Share in the comments below.

National Book Festival 2014 Webcasts
David Theodore George: 2014 National Book Festival

National Book Festival 2014 Webcasts

Play Episode Listen Later Nov 20, 2014 42:22


Aug. 30, 2014. David Theodore George appears at the 2014 Library of Congress National Book Festival in Washington, D.C. Speaker Biography: David Theodore George M.D. is an associate clinical director at the National Institutes of Health in Bethesda, Md., and a clinical professor of psychiatry at George Washington University School of Medicine. In his book "Untangling the Mind: Why We Behave the Way We Do," George provides an understanding of how emotions play a role in the inner workings of the brain. He explains how to identify the difference between a legitimate emotional reaction and a pathological one, understand the biological basis of hard-wired reactions and recognize why distress is caused by a neurological malfunction. This text connects with readers across the board who have experienced intense and overwhelming emotions associated with joy, fear, sadness or depression. For transcript, captions, and more information, visit http://www.loc.gov/today/cyberlc/feature_wdesc.php?rec=6523

Art of the Kickstart
ATK013: Design, Kickstarter and Creating Amazing Minimalist Products

Art of the Kickstart

Play Episode Listen Later Jul 27, 2014 35:58


Superstar designer Rich Thrush joins the Art of the Kickstart podcast to share his experience creating amazing products. During the interview we cover his and his brother's awesome leaning tricycle to teach kids how to ride and tons of other useful insights to boost business success. The Dreisch Leaning Trike Campaign Success Dieter Rams' 10 Principles of Success Links Dreisch Trike Terrible Design by Phillipe Starck Epic Books Go Like Hell: Ford, Ferrari, and Their Battle for Speed and Glory at Le Mans Designing Interactions Traffic: Why We Drive the Way We Do (and What It Says About Us)   Connect with the Guys @dreischtrike Love the Show? Leave us a Review    

Critical Transit
Episode 43: Traffic signals with Matt Steele

Critical Transit

Play Episode Listen Later Jan 2, 2014 72:00


A new year, a new challenge to the deity of traffic engineering: the traffic light. Streets.mn contributor and recent Minneapolis City Council candidate Matt Steele says we have too many traffic signals and explains why that's a big problem for everyone. Choosing alternative measures of traffic control offers significant benefits to pedestrians, bicyclists, cars and trucks, and even help transit run more reliably. Links include Strong Towns, the relation between speed and death, roundabouts and a very successful shared space project at a busy junction in Poynton, England.Today's news selection features a fantastic Bikeyface comic on what snow says about our cities' priorities, another cyclist hit without accountability, and another oil train derailment and explosion near Fargo, North Dakota. We recap the horror that is fracking (natural gas drilling) and play two songs about fracking ("We'll Be There" & "My Water's on Fire").A listener suggests that automation in transit operations may actually decrease safety as the humans involved become less alert. The same has happened with private cars as they've become safer for the people inside. Very interesting stuff.UPDATE: Here's a link to the book I couldn't remember the name of, about the phenomenon of drivers being less attentive given increasing automation: Traffic: Why We Drive the Way We Do by Tom Vanderbilt.May 2014 be the year in which we finally take traffic violence seriously and focus our attention and investments on sustainable transportation modes: walking, cycling, skating and especially public transit. Help support this show and my other work by sharing it widely and by making a donation to my Transit Tour Fund if you are able to. I am headed to the northeast very soon; please get in touch if we might connect.

Balfour Covenant Church
Does the Way We Do it Serve our Purpose MAy 26 - Jason Ashley - Sun May 26, 2013

Balfour Covenant Church

Play Episode Listen Later May 26, 2013 32:05


Does the Way We Do it Serve our Purpose MAy 26 - Jason Ashley - Sun May 26, 2013 by Balfour Covenant Church

serve sun may way we do jason ashley
The Spokesmen Cycling Roundtable Podcast
The Spokesmen #48 - February 20, 2010

The Spokesmen Cycling Roundtable Podcast

Play Episode Listen Later Feb 20, 2010 88:00


The Spokesmen 48 'WADA Gum' February 20, 2010 This episode of The Spokesmen Cycling Roundtable Podcast incuded: • David Bernstein from The FredCast Cycling Podcast • Carlton Reid from BikeBiz.com and QuickRelease.tv • Tim Jackson from Masi Bicycles • Neil Browne from NeilBrowne.com Topics include: • Floyd Landis is a Hacker? • Warrant for His Arrest • Arnie Baker & Joe Papp • The Real Floyd Landis Twitter Account • Tour of Oman • Cycling Etiquette • Use of Mobile Phones While Driving • I Pay Road Tax • The FredCast with Commentary on Mobile Phone Use • How We Drive Web Site • Book Link: Traffic: Why We Drive the Way We Do (and What It Says About Us) • Tips The Spokesmen Cycling Roundtable Podcast is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.