Jamie Dimon Profile

"Jamie Dimon on the Line"

Warren Buffett, who owns shares in JPMorgan, says that when Berkshire Hathaway bought the railroad Bur­lington Northern for $26 billion, in the fall of 2009, he called up Dimon on the Tuesday morning just prior to the public announcement of the deal and said, “Jamie, I need $8 billion!” “You got it,” Buffett says Dimon told him. “Even with some of the other big banks, that’s not something you could do on the phone,” Buffett adds.

… “Most corporate leaders hide and never say anything that they believe in,” says Warren Buffett. “Jamie certainly hasn’t put his views in a blind trust. I think he knows as much about banking as anyone in the country, and he ought to talk about it. It would be a terrible thing for him not to voice his views.”

Very lengthy [but also good] Vanity Fair profile of Jamie Dimon, one of my favorite CEO’s and speakers [head of JPMorgan]

"From $0 To $1 Billion In Two Quarters – Facebook's Mobile Ad Business Is Suddenly Huge"

75% of $4 million is $3 million. $3 million per day over 365 days is…$1.1 billion.

Good explanation for part of the reason why I’m confident in Facebook’s long term revenue growth. For example, mobile revenue has grown from $1 million per day at the end of Q2 to $3 million per day at the end of Q3.

Really enjoying The Bedwetter "autobiography" read on CD by Sarah Silverman.



Funny stuff.

One Hell Of A Tale

Truly amazing plane crash story

Why do some smart people lack common sense?

Because smart people can overthink things:

Intelligent people, however, have a tendency to overapply their analytical and logical reasoning abilities ...and, as a result, get things wrong. In other words, ...intelligent people lack common sense because their general intelligence overrides it.

Even more interesting is that IQ improves your side of the argument, but not your understanding of the other side:

...high IQ improves people’s ability to defend their own position but doesn’t have any effect on ability to better understand the other side’s position. So smart people are better at arguing their own views but they’re not necessarily better at understanding where others are coming from.

I guess it's good to be loved

Is there someone in your life whom you would feel comfortable phoning at four in the morning to tell your troubles to? If your answer is yes, you will likely live longer than someone whose answer is no.

Determination: The Key Ingredient To Developing Expertise

With the same amount of practice, the long-term-commitment group outperformed the short-term-commitment group by 400 percent.

Reinforces my belief that determination is the key ingredient to success.

Building Rituals Into Your Schedule

I’m going to put reminders on my work calendar to try to make these sort of “reset” breaks automatic:

The key to success is building rituals — highly specific practices that you commit to doing at precise times, so that over time they become automatic, and no longer require much conscious intention or energy.

… 2. As your final activity before leaving work in the evening, set aside sufficient time — at least 15 to 20 minutes — to take stock of what's happened that day. and to decide the most important tasks you want to accomplish the next day.

…4. Take at least one scheduled break in the morning, one in the afternoon, and leave your desk for lunch. These are each important opportunities to renew yourself so that your energy doesn't run down as the day wears on. They're also opportunities to briefly take stock.

...You're Welcome.