Category Archives: Business

An Immigrant’s View Of The Presidential Election

I had my hair cut at a barbershop owned and run by “Jane” (not her real name), a Vietnamese woman. During my haircut we got on the subject of the Presidential Election. Jane said that she is voting for “Trump“.

She told me that she would not vote for Hilary. When I asked her why that was, she said that, “Clinton just wants to get more money.  She’s in it for herself.

Jane is an immigrant and refugee. She told me in her community a lot of people say to vote for “Clinton“. She said that we need a change.

Jane said that under “Obama” her business has suffered. She said that she used to have five people working for her cutting hair,  Now she works the business alone because, she said, that people don’t have the money for a $10 haircut.  She feels that “Clinton” wants the country stay on the same path that hurt her business and only wants to be president to “get money“.

Jane said that she now has medical coverage under Obamacare but here is what I found interesting. She said having Obamacare doesn’t matter in her choice for President. I believe her words were, “I have Obamacare.  I don’t care.  We need to think about OUR country“.

This is from someone who fled a communist takeover of her birth country, came to The United States, started a business, and most importantly, CHOSE to become a citizen, adopting this country as HER country.

There is a lot of wisdom in the phrase, “We need to think about our country“.

Fighting A Short Seller and Looney Tunes

Just a quick update on a some news related to a previous post about SHORT SELLING, Hacking and Short Selling for Fun and Profit.

St. Judes Medical is fighting back against the short seller Muddy Waters Capital LLC who claims that they have evidence that a cardiac pacemaker manufactured by St. Judes can be hacked. St. Judes filed a lawsuit on Sept. 7 against the short seller seeking damages and disbursement of profits from their short holdings.  Here a LINK to a Wall St. Journal article with details on the lawsuit.

The unfortunate problem is that even if St. Judes prevails in court their reputation may already be irreparably damaged.

Additionally similarly to the effect of the ONE (now discredited) report that fuels the LETHALLY dangerous stupidity of the “Anti-vaxxer” movement amongst young mothers and old panderers such as Green Party presidential candidate Jill Stein, there may be a fallout against devices like those made by St. Judes by an uninformed public.

Okay, I can’t just let go of Jill Stein’s position on Anti-vaxxing, a position which may be vexing to a logical person.  She argues that “all concerns” have not been addressed.  This is Rees’ Maxim, “Absence of evidence is not evidence of absence”.  She says we MAY not have evidence because the Food and Drug Administration, FDA and Centers for Disease Control, CDC are paid stooges of big drug companies.  Just another Looney Tunes presidential candidate.

No offense to Looney Tunes.  The Looney Tunes characters are more insightful than our current crop of candidates!

Th, th, th, that’s all folks!

Backup Plans

When I was working in the corporate world I led a new product development team.  During the course of developing a product for an “unnamed” customer we had a new Program Manager (PM) named Gary, assigned to our team.  I had known Gary, from a previous life when I was working as a software consultant many years ago.

I brought Gary up to speed as to where we were and what the plan of execution was. After giving the lay of the land to PM-Gary he asked me a question that almost every PM asks, “What’s your backup plan?”.

“Backup plans are for losers”, is what I told him.

I almost laughed at the shocked look on his face. I doubt anyone ever said that to him before.  I will tell you that I stand behind my statement. As I explained to Gary, if I didn’t think my plan was going to succeed I wouldn’t be executing that plan. My goal was and is success and failure is not an option.  My advice is,  “Plan for success.  Don’t plan for failure”.

As I mentioned in an earlier post, how you envision your goal is how you will execute it.  If you have a backup plan, you are giving yourself an option to fail and you will most likely fail.  If you envision success, you’re on the path to success.  This is not to sound Pollyanna about progress.  Projects and plans will fail.  Course corrections (pivots as they are called) will occur.  In many cases the plan will radically alter during the course of execution.  However, no matter what happens, your mindset needs to be success.

Gary had my statement “Backup plans are for losers” written on the top of his office whiteboard.  It was still up there when I left the company.