Everyone's job one - great insight from @37signals...
Philip H. Howard | Concentration in the US Beer Industry -
Great visualization of how the beer industry isn’t as diverse as you might think looking at the beer aisle in your local establishment. More good reasons to brew your own beer - or support the local small guy. That is, as long as they actually ARE a local small guy (e.g. note that the “Craft Brewers Alliance” is really just a bunch of brands owned by AB InBev - see Red Hook, Kona, Widmer Bros., etc).
BTW - if you haven’t seen the documentary Beer Wars yet, and you find this graphic at all interesting, then I highly recommend you check it out. Otherwise, just kick back and enjoy a Dogfish Head 120 Minute IPA or better yet, something you brewed yourself :).
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CDR Salamander: The most important chart in the world -
This chart is truly scary. I just finished reading “The Big Short” by Michael Lewis and after having my eyes opened WIDE by that tale of insanity (if you haven’t read that yet, I highly recommend it, lots of “light-bulb moments” in there for me), this really chills me to the core.
CDR Salamander hits the nail right on the head in his blog post - You can see exactly what happened in 2006 and 2007 then through 2008 when all those sub-prime mortgages exploded and how the overall amount of AAA rated securities went down accordingly (although they never should have been high in the first place if the ratings agencies were doing their job). Remember, AAA means essentially “no risk”. Um, yeah, right. Now look at the spike back up in 2009 - and then look very closely at what the majority of that money is in. Sovereign Debt.
So the next bubble isn’t the internet or the housing market or anything else in the “commercial” sector - it’s actual countries. And that bubble bursting is really what we’re seeing across Europe right now - Ireland, Greece, Portugal, Spain, Italy, and so on and so on. Just watch some of the riots happening in Greece due to the new “austerity measures” to catch a glimpse of what happens when a government leverages itself into oblivion and then tries to dig itself out. Living over on this side of the pond gives you a bit of a different perspective (closer, and a little more nerve wracking), so I watch what our bonehead government is doing right now with genuine awe - how we can risk getting into the same boat as these countries simply astounds me. I’m sure the geniuses at the ratings agencies are already scrambling to figure out how to rate US debt if they don’t figure this out, and it’s probably not going to be good. We truly live in strange times….
Attended a great talk by Alberto Savoia (@Pretotyping) from Google yesterday. Nothing remarkably new or earth shattering about this concept, it’s once again a simple “well, duh” concept that we tend to forget about in our rush to deliver the next big thing. In a nutshell - remember that over 90% of great ideas still fail, so expect it and invest the minimum amount you can to see if it will really work. Just be sure to fail fast and learn a lot from it, the worst thing is to fail slow. Build a little, test a lot, and be sure you’re delivering what people actually want…
Surveillant Society -
Fascinating article - really great points here about “every person a sensor” and how that’s really changing how people behave…..
The concept of a “Life Strategy,” such as that your grandparents knew, or I expected when I graduated from Annapolis before you were born, is irrelevant. Your life will be tactical, not strategically defined. —
ADM James Stavridis, USECUCOM Commander / SACEUR, speaking to the graduates of the University of Miami. His theme - “You never know…” - just a fantastic speech, lots to think about here. Full text linked below (via @tericee).
Commencement season is upon us… « EUCOMversations
Those who get it always will.... (preserveandhonor.com) -
This site is starting to get a lot of attention, I found it off the USNI Blog and I have to say it’s a clear sign that those who “get it” find a way to make things happen. This 17 year old isn’t constrained by bureaucracy, culture, “the process” or any of the 50 million other things that those in the government infrastructure have to deal with when there’s a clear need to fill. He saw the need and just did something about it.
The other thing this demonstrates is that with a few simple tools and a clear vision, you can make a huge impact. We don’t need a bunch of 200 million dollar programs to solve our IT problems in government, we need to build an infrastructure that allows those with a clear vision like this to accomplish things like this quickly.
Strong work Mr. Gilleland, you’ve got a bright future…
9 Women Can't Make a Baby In a Month (via Tech Crunch) -
Great guest post by Mark Suster on “Lean Startups” and the danger of having too much money and an immature market. Absolutely love the analogy here, makes the point crystal clear….
Bad Bunny S.P.A. (Sicilian Pale Ale) - Spring 2011
So the next batch is ready, and it’s definitely for the hop heads in the crowd. This is another Brewer’s Best kit, India Pale Ale. I’m calling it “Sicilian Pale Ale” just for grins, but there’s definitely a difference from your standard IPA. I talked about the hard water here when I made my Christmas Red Ale, and it had a similar effect in this batch. Thick foamy head when you pour this one, accompanied by a very powerful hop aroma. This one is not for those who aren’t into a seriously hoppy beer. It’s comparable to Sierra Nevada Pale Ale, or Tupper’s Hop Pocket - exactly what I was after.
So another successful batch - and more to come. I’ve found a source for some flip top bottles (thanks Steve!!) so now I can have two batches in rotation at a time. Next up - Imperial Stout..