Sunday, September 06, 2020

Gambling and other Myths

Many people ridicule casino gambling by saying, "I've got better things to do with my money".  Ironically, some of those will lose their assets through risky, and questionable venture capital schemes. Another cites the stock market as a glorified ponzi scheme, yet it has rebounded nicely since 2008 thanks to aggressive Federal Reserve policies. At one time owning a house was nearly a sure bet investment, but we all know what happened in the 2008 financial crisis, and the ensuing melt down in housing prices. All sorts of investment vehicles have been promoted over the years with varying degrees of success. 

It seems that markets reel from one bubble to the next, with each bubble usually exacerbated by leverage and debt. The famous economist John Galbraith in his book "A brief history of financial euphoria" readily describes the common features and circumstances that have given rise to some famous financial bubbles including the Tulip Mania of Holland back in the 17th Century. History it seems, has a bad habit of repeating itself. 

What then is the answer to creating and preserving wealth? It still comes down to a vocation that pays, common sense, diversification, and a bit of luck or good fortune in life. You also have to avoid the scammers and get rich quick schemes along the way. Greed and ignorance will generally get you in trouble, although there are many "legitimate" ways to lose money too, as already mentioned.

Don't fool yourself, investing is still gambling, although some bets are better and more informed than others. Sometimes a casino bet has much better odds than more "traditional" investments.  At least in a casino you can generally calculate the odds against you. There are more than a few companies that have had their stock prices drop to zero - a few of them have been Dow Index companies. Thus investing, speculating and gambling are all part of the same spectrum. Perhaps a successful professional poker player isn't really a gambler, but a seasoned investor. Things are not always what they appear to be based upon their labels. 

Good Luck and Good Investing.

Tuesday, November 12, 2019

What if Canada became the Fifty First State?

  • They could add a star sized maple leaf to Old Glory to create the new flag.
  • Canadian funny colored money would then have Monopoly status only.
  • The Prime minister could become Assistant Vice President (ceremonial status).
  • Americans could finally enjoy the "real" Niagara falls without crossing the border.
  • Benedict Arnold could finally be exonerated.
  • Canadians would have to stop bragging about the War of 1812.
  • Canadians saying "Eh" at the end of every sentence would slowly disappear?
  • Americans would learn how to win at hockey.
  • Canadians would have a real Military for once.
  • No more painful border crossings either way.
  • Everyone likes the sound of AmeriCanadians!
  • The Sasquatch could no longer escape across the border, and would soon be caught.
  • Alaskans would finally be connected to their fellow compatriots.
  • No more Queen of Canada (she's a nice lady, but there's been too many Royal shenanigans).
  • Americans would learn how to pronounce Saskatchewan.
  • Americans would have easy access to real beer like Moosehead
  • Canadians could lose their reputation for being polite.



  • Feel free to add your own outcome to the list :-).

Thursday, December 28, 2017

Holiday Hangover Remedies

Here's the Holiday Hangover therapy list back by popular demand for the 2017 season, and hopefully in time for New Year's Eve.

For those of you who feel their drinking has become a problem with far too many hangovers:
Here's a good article discussing "How to Sober Up: Climbing a slippery slope"

James Bond can drink martinis ad nauseam, and vanquish the villains without slurring a word. After a few drinks, I'm more likely to make an embarrassing faux pas, but both of us would appreciate advice on Hangovers.

There's probably no such thing as a hangover "cure", but there are some methods to help you fight the toxic effects created by a bout of drinking.




Disclaimer:

There's sporadic scientific evidence for the remedies suggested here, but please consult any appropriate health experts before adhering to these methods. I will stake claim to a suggestion listed here. If you have a hangover, then do some mild exercise after hydrating yourself. For me this works as well as anything, but I haven't seen it mentioned elsewhere.

In the spirit of the season here is a list of hangover remedies for your holiday party survival:
  1. Drink lots of water before and after sleep (unless you are on medically prescribed fluid restriction). Sports drinks (not energy drinks) may
    be a good alternative as well since they contain sugars, and
    needed electrolytes.
  2. Take a shower or bath after a drinking bout.
  3. Ingest sweet foods that contain fructose (helps the body metabolize alcohol).
  4. Do some mild exercise, or take a brisk walk (stimulates the
    circulation etc).
  5. Vitamin B complex tablet (within recommended daily dose).
  6. Cysteine (within recommended dose) as it counteracts
    acetaldehyde - a by-product of alcohol metabolism.
  7. Vitamin C for its antioxidant effects.
  8. Be wary of headache pills as some (tylenol/acetaminophen) can
    increase the risk of liver damage in conjunction with alcohol,
    and some (ibuprofen, aspirin) can cause gastric irritation.
  9. PRAY.
Here are tips on preventing a hangover:
  1. Drink clear alcohol. Dark alcohol tends to contain substances called cogeners, and these types of alcohols are more likely to cause hangover symptoms. White wine, vodkas, and light rum are examples of clear alcohols. Red wine, dark rum, sherry, and brandy are high in cogeners. Beer is somewhere in between.
  2. Drink slowly, and have some food in your stomach. If you are a small person the same amount of alcohol will affect you more than it would someone larger.
  3. Try to drink in moderation. The National Institute on Alcohol Abuse and Alcoholism recommends that women have no more than one drink per day and men no more than two drinks per day. One drink is defined as a 12-ounce bottle of beer; a 4-ounce glass of wine; or a 1 1/2-ounce shot of liquor.
  4. Drink some water in between your alcohol containing drinks as that will decrease your alcohol consumption, and help prevent dehydration.
  5. Of course, hangovers can be prevented altogether if you avoid alcohol completely, but that's not for everyone either.
You can get more detailed information regarding all aspects of Hangovers at this Mayo Clinic site.

Some promising new work on Hangovers indicates that the juice of Asian Pears can prevent or decrease the severity of hangovers!

Friday, December 02, 2016

Life Graph



The North American path to so called success is challenged in a Postmodern world. We pursue abundance to achieve "happiness", but that can become an addiction to material gain no matter what the consequences. True happiness and awareness then seem to be ever elusive beneath external circumstances and temporary forms.

Abraham Maslow discusses Self-Actualization in his book Motivation and Personality, and that is really what maximizes your potential, not the blind pursuit of material wealth.  The 12 Characteristics of a Self-Actualized Person in the linked article make for a good read.

Saturday, February 06, 2016

Valentine's Day Lowdown

Let's start with the city of Valentine, Nebraska. You might want to book a "Sweetheart Package" at the Rosebud Casino Hotel, or visit the Valentine National Wildlife Reserve located 25 miles south of Valentine on Highway 83 to see Beavers and Sandhill Cranes. "The 71,500 acre refuge was established in 1935 to create a sanctuary and breeding area for migratory birds and a variety of wildlife."



I'm not sure if the founding fathers of Valentine actually named their town after the Patron Saint, but we must give a nod to the man who actually inspired Valentine's Day. Apparently he was a Roman priest under the rule of Emperor Claudius II in the 2nd Century AD. He ignored the ruler's edict not to marry Christian couples, and ended up beheaded. Could that be the origin of the old saying "losing your head to love"?



Unfortunately Al Capone and his band of hoodlums gave a sinister taint of infamy to February 14th by orchestrating the 1929 St. Valentine's Day Massacre in Chicago. He succeeded in ending "Bugs" Moran's control of the North Side, but the foul deed brought more unwanted attention from the Federal government that ultimately led to his demise.



Here's a nice idea for a unique gift instead of the usual chocolates, sweets, and flowers. For approximately $145 U.S. you can give your Valentine 2 acres of Brazilian Rain forest. This is sponsored by the World Land Trust, and they'll throw in a box of Green and Black's Fair trade chocolate to boot!


Don't forget your Valentine this year and remember...

"The only thing we never get enough of is love; and the only thing we never give enough of is love."
~ Henry Miller

Monday, November 30, 2015

Batman vs. Superman

Superman is a hero for bright eyed optimists and youngsters, but Batman is the real deal. He's far more human than Superman - well actually he is human, and Superman is really an alien from the planet Krypton. As a human Batman doesn't really have any powers, unlike Superman whose powers are so fantastic and unbelievable that they appear comical at best. Batman has to deal with his human limitations and fragile vigilante psyche in order to mete out vengeance on the bad guys, but Superman is never really at risk. He can crush criminals with trivial use of his powers, and not even break a sweat. The only trait they really share is that of extreme loneliness. One torn asunder from his native planet and fellow beings by a planetary cataclysm. The other driven into isolation and paranoia as a child by the tragic death of his parents at the hands of street thugs. What's the point here? Stick with Batman. He's complex and conflicted like the rest of us. He's estranged from others and alienated from society, but still wants to right wrongs and make a difference. Superman is just being righteous while cleaning up the bee hive.



Tuesday, October 28, 2014

Tazmanian Devil Syndrome



Do you know anyone with TDS (Tazmanian Devil Syndrome)?

This disorder is characterized by:


  • Voracious appetites for food, power, sex and money




  • Prone to manic outbursts and hyperactivity



  • Poor impulse control



  • Strange cravings for rabbit meat



  • Extreme body gyrations and gesticulations when aggravated



  • Frequent, loud, unintelligible vocalizations



  • Ability to destroy a hotel room in seconds




  • Many Rock Stars, talk show hosts, and politicians suffer from this affliction. A transient form of this condition can often be seen in male teenagers. Contact your local TDS society or support group for more information, and please give generously by sending donations to the TDS National Foundation.



    Seasons Under The Sun is not affiliated with or endorsed by Warner Bros. Inc. Looney Tunes, Merrie Melodies characters and all related slogans and indicia are trademarks of Warner Bros., Inc. The materials provided herein are intended solely for the personal use and enjoyment of the general public. The use of such material falls under Fair use provisions.

    Sunday, August 03, 2014

    Led Zeppelin?

    This Band was reviled by many when they debuted. Rolling Stone Magazine panned their first Album. Parents cringed when their teenaged sons blew out the family Stereo with Ramble On.
    No matter, their Disciples knew that genius was lurking behind the wild riffs and soaring Robert Plant vocals. Jimmy Page is the undisputed Champion of Acoustic/Rock guitar, creating techniques that have yet to be equalled.
    Sadly, after a twelve year run up to 1980 or so it was all but over. They lost their beloved ground breaking Drummer John Bonham to Vodka poisoning in 1980, and essentially disbanded, except for a few sporadic performances since.
    Their body of work is still relevant today, and music evolution since the Seventies has revealed the true genius behind their songs. 
    Find and play a few Led Zeppelin tunes. It may open up your own creative soul beyond the music.




    Friday, April 25, 2014

    E-Cigarette Anyone?

    1. a cigarette-shaped device containing a nicotine-based liquid that is vaporized and inhaled, used to simulate the experience of smoking tobacco.

    "more smokers are turning to electronic cigarettes to help them quit smoking"

    Whatever sporadic cigarette smoking that I've tried was done years ago, but when on Vacation, I admit to having the odd craving for a Camel, or some equally repugnant strong cigarette (one reason I should avoid Vegas!). This has led me to consider the whole E-cigarette fad, and whether that would be a good alternative to satisfy the occasional nicotine craving. The main component of these devices is electronically vaporized, liquid nicotine often combined with other chemicals or flavoring elements. Presumably there are fewer toxic chemicals in the vapor as compared to regular cigarettes, but the product is unregulated and has not been rigorously studied in terms of health outcomes. There's no second hand smoke, but second hand vapor may not be harmless either. It's hard to believe that there wouldn't be some adverse effect on the lungs by inhaling concentrated nicotine. Children may be at special risk, as nicotine may slow the growth of the adolescent brain.
    So I suppose it's buyer beware at this point, and avoiding temptation seems like the best option - In Vegas or not.
    Get more information on E-cigarettes at How Stuff Works: 10 facts about e-cigarettes.

    Wednesday, January 15, 2014

    Guest Author Invitation

    Do you have an unpublished article or story kicking around? Perhaps a theme that doesn't quite fit your website? In an effort to encourage fellow authors Seasons Under The Sun would like to publish your story here.

    The story can be on a topic of your choice, and you can include photos too. Of course you'll retain sole copyright to the article, and you're free to publish it on your own site as well. We won't censor any submissions, but will simply publish the first few reviewed stories that we like. This is a standing invitation to submit an article with no deadline. The stories will be published on the day of approval, and will link to your site. Each story will be on the main page as the most recent top post for at least two days, and will be permanently archived at this site as well unless you prefer otherwise. This should be a Win/Win proposition, and may have special appeal for novice bloggers trying to get established, or writers who may not have a website or blog to publish at. We look forward to reading your posts!

    Please send your submissions by e-mail here: Let's hear from you!
    You may also leave your article or story to be reviewed as a comment on this post if you prefer (the comment will remain as part of the post unless you would like it removed once the story has been reviewed).

    Thursday, December 12, 2013

    Domestic Blunders

    Our homes are sanctuaries that protect us from the harsh realities of life, but running a household is a complex undertaking. I'm proof that a supposedly capable person can make domestic gaffs that make Mr. Bean look like a genius. Even the brilliant Albert Einstein could be forgetful around the house, so what hope is there for the rest of us?

    The "take home" lesson? Don't expend all your brain power at work - you need some for household duties too.

    MY SHORT LIST OF MISADVENTURES AT HOME:
    1. Tried to cook pancakes on a George Foreman Grill. You know - the one with the sloped surface.

    2. Used regular liquid soap in an automatic dish washer. Try it if you want to see wet soap suds bubbling out of the dish washer all over your kitchen floor.

    3. Activated the home security system for motion detection prior to a walk, but forgot about the house cat. Came back home to blaring alarms and a terribly traumatized tabby.

    4. Locked myself out of the house on numerous occasions while tending to the yard. Good opportunity to learn meditation skills.

    5. Forgot about a lit candle that was in a flammable, plastic holder (or was this my wife?). The candle holder caught on fire, but fortunately we were able to extinguish it right away.

    6. A ladder slipped out from under me while I was trying to put Christmas lights on the eavestrough (This is a classic). Luckily, I was able to grab a part of the ladder while hanging onto the trough thus averting disaster. This is similar to a ladder scene involving Chevy Chase in the movie Christmas Vacation.

    7. Forgot about some pita bread I was grilling in the oven - yes it caught on fire. The fire remained confined to the oven, but the oven door was permanently charred and discolored. Try explaining that one to the wife.

    8. Tried to get rid of bags of dated pasta by throwing them in the garburator. This created a kind of starch super glue that completely clogged the garburator throughout every orifice (actually my wife did this).

    9. Left a closed spray nozzle attached to a garden hose on in the spring. It burst after a few freeze/thaw cycles dumping thousand of gallons of water into the yard. Coincidentally our sump pump gave out and the basement flooded. Realized the outdoor faucet was still on days and dollars later.



    10. I could describe various scientific theories about human error and why it occurs in different situations, but that isn't the point. All of us can be Dumb, Dumber, or Dumberer at times. I'm sure many readers can relate to their own silly gaffs at home. If you would like to come clean about any of your domestic blunders, then please tell us your story by leaving a comment below.