Actually, airline
ticket prices have fallen 50% in last 30 years: to about 4.16 cents per
passenger per mile. What’s also saddening is that the industry lost $51 bn
between 2001 and 2011, and only made a collective profit in ½ of the years
since 1981. [Note: massive wealth transfer from share holders to customers]…Source:
http://www.theatlantic.com/business/archive/2013/02/surprise-airline-ticket-prices-have-fallen-50-in-the-last-30-years/273354/
FLAG: Forensic
Accounting In An ETF Wrapper: FLAG reconstitutes an index of 500 large
capitalization domestic companies by earnings quality and then takes the extra
step to exclude those the model believes are the most likely to underperform.
[Note: annual expense = 0.85%]…Source: http://etfdb.com/2013/flag-qa/
Will MOOCs disrupt
traditional education? Massive Open Online Courses—could it be lower cost
and access? The author believes the ultimate value is via tailored offerings
and accumulation and exchange of material. [Note: But it’s still hard—it takes
tremendous effort to sit down and learn, and results can only achieved via
painstaking practice. Few have the will]…Source: http://www.wired.com/opinion/2013/02/beyond-the-mooc-buzz-where-are-they-going-really/
A timeline of
cyber-attacks from China: report released by Mandiant, an American
cyber-security consultancy. [Note: special attention paid to tech and sectors
considered “strategic” by US gov]…Source: http://www.economist.com/blogs/graphicdetail/2013/02/daily-chart-12
Andy Levy on PS4:
“I hope I’ll be able to turn off all of these social features on the PS4. If I
wanted to be social I wouldn’t be playing videogames” [Note: I’m still doubtful
on the prospects of Sony; don’t think this console can change anything]…Source:
http://i.imgur.com/9VwkMou.jpg
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