Archive for September, 2007

David Brooks on Entitlement Spending

September 28, 2007

I fall into the fogie camp.

choice is some weird shit

September 28, 2007

Seriously. Come to think of it, I have always wondered what a well-ordering of [0, 1] looks like . . .

Tech Bubble & Goldbach’s Conjecture

September 27, 2007

A number theorist said something about math that’s stuck with me, something like “I wouldn’t know what a proof of Goldbach’s Conjecture would look like . . . I just don’t have any framework for approaching a problem like that.”

That pretty well summarizes my feelings on Facebook’s purported $10B valuation. To be sure, it seems insane to value a site with 70M users at $10B (although, to be fair, a lot of this figure must be based on anticipated growth), but I just don’t have the framework for deciding what the market cap should be. Facebook (and similar technologies, like MySpace, YouTube, and Digg) are uncharted territory. How do you model Facebook’s potential? How do you estimate the likelihood of students continuing to use the technology when nothing like it has ever existed before?

And the analysts who come up with these figures . . . do they have any idea themselves?

NYT endorses astrology

September 27, 2007

Amusing blurb in an otherwise unremarkable story about Burmese protests:

Superstitious Burmese had predicted violence on this date, whose digits add up repeatedly to the astrologically powerful number 9: The 27th day of the ninth month in 2007.