The Thrillionaires(SM) online community that I'm working on just came out with a 3 minute Inspirational Movie that is really great. I urge you to go watch it right now and to keep this email handy--it is super inspiring and uplifting:
One of Japan's three "hidden" valleys, West Iya is home to the kind of misty gorges, clear rivers, and thatched roofs one imagines in the Japan of centuries ago. To get across the Iya River that runs through the rough valley terrain, bandits, warriors and refugees created a very special - if slightly unsteady - bridge made of vines.
This is a picture from the 1880s of one of the original vine bridges.
Some people believe the existing vine bridges were first grown in the 12th century, which would make them some of the oldest known examples of living architecture in the world. But there is one ancient group of peoples who took the concept to an entirely new level.
People over 60 who consume moderate amounts of alcohol have a reduced risk forAlzheimer’s diseaseand other dementias, according to a large review of studies.
The analysis, which appeared in the July issue of The American Journal of Geriatric Psychiatry, reviewed 15 studies that together followed more than 28,000 subjects for at least two years. All the studies controlled for age, sex,smokingand other factors. The studies variously defined light to moderate drinking as 1 to 28 drinks per week.
Compared with abstainers, male drinkers reduced their risk fordementiaby 45 percent, and women by 27 percent.
The researchers acknowledge that studying the effects of alcohol on dementia is complicated by issues like beverage type, standards of quantity and individual behavior that may interact with alcohol to affect mental acuity. But there is ample evidence from other studies that moderate alcohol consumption can increase HDL, or “good cholesterol,” improve blood flow to the brain and decrease blood coagulation. All three factors may reduce the risk for dementia.
Still, the authors warn against drawing premature conclusions. “The overall safety ofalcohol usein later life,” they write, “needs to be evaluated in relation to all of the available evidence” about its health effects.
The first day of school our professor introduced himself and challenged us to get to know someone we didn't already know. I stood up to look around when a gentle hand touched my shoulder.
I turned around to find a wrinkled, little old lady beaming up at me with a smile that lit up her entire being.
She said, 'Hi handsome. My name is Rose. I'm eighty-seven years old. Can I give you a hug?'
I laughed and enthusiastically responded, 'Of course you may!' and she gave me a giant squeeze.
'Why are you in college at such a young, innocent age?' I asked.
She jokingly replied, 'I'm here to meet a rich husband, get married, and have a couple of kids...'
'No seriously,' I asked. I was curious what may have motivated her to be taking on this challenge at her age.
'I always dreamed of having a college education and now I'm getting one!' she told me.
After class we walked to the student union building and shared a chocolate milkshake.
We became instant friends. Every day for the next three months we would leave class together and talk nonstop. I was always mesmerized listening to this 'time machine' as she shared her wisdom and experience with me.
Over the course of the year, Rose became a campus icon and she easily made friends wherever she went. She loved to dress up and she reveled in the attention bestowed upon her from the other students. She was living it up.
At the end of the semester we invited Rose to speak at our football banquet. I'll never forget what she taught us. She was introduced and stepped up to the podium. As she began to deliver her prepared speech, she dropped her three by five cards on the floor. Frustrated and a little embarrassed she leaned into the microphone and simply said, 'I'm sorry I'm so jittery. I gave up beer for Lent and this whiskey is killing me! I'll never get my speech back in order so let me just tell you what I know.'
As we laughed she cleared her throat and began, ' We do not stop playing because we are old; we grow old because we stop playing.
There are only four secrets to staying young, being happy, and achieving success. You have to laugh and find humor every day. You've got to have a dream. When you lose your dreams, you die.
We have so many people walking around who are dead and don't even know it!
There is a huge difference between growing older and growing up.
If you are nineteen years old and lie in bed for one full year and don't do one productive thing, you will turn twenty years old. If I am eighty-seven years old and stay in bed for a year and never do anything I will turn eighty-eight.
Anybody! can grow older. That doesn't take any talent or ability. The idea is to grow up by always finding opportunity in change. Have no regrets.
The elderly usually don't have regrets for what we did, but rather for things we did not do. The only people who fear death are those with regrets.'
She concluded her speech by courageously singing 'The Rose.'
She challenged each of us to study the lyrics and live them out in our daily lives. At the year's end Rose finished the college degree she had begun all those years ago.
One week after graduation Rose died peacefully in her sleep.
Over two thousand college students attended her funeral in tribute to the wonderful woman who taught by example that it's never too late to be all you can possibly be.
When you finish reading this, please send this peaceful word of advice to your friends and family, they'll really enjoy it!
These words have been passed along in loving memory of ROSE.
REMEMBER, GROWING OLDER IS MANDATORY. GROWING UP IS OPTIONAL. We make a Living by what we get. We make a Life by what we give.
God promises a safe landing, not a calm passage. If God brings you to it, He will bring you through it.
The Jesusita Fire in Santa Barbara , CA this year caused these two to take shelter together. The fawn is about 3 days old and the bobcat about 3 weeks.
They immediately bonded and snuggled together under a desk in the Santa Barbara County Dispatch Office for several hours.
Animal Planet is reporting the bobcat kitten was rescued near Arnold Schwarzenegger's ranch, where it was dehydrated and near death.
They rescued the fawn during the wildfire. Although wild animals, especially of separate species, are never placed together due to regulations, in this emergency situation, they had no choice. During the mayhem of the fire, they were forced to put animals anywhere they could, since they had run out of crates large enough for the fawn. The kitten ran to the fawn,and it was instant bonding.
After graduating from college, I left the barren Arizona desert for Manhattan to take my first job. It didn't take long for my new Manhattanite friends to inform me that it was time to upgrade to wine from beer, so I enrolled in a wine-tasting class. But while it was great fun, I don't think that I was any better at assessing the quality of wine after I'd completed the class than I was going in, though I was much better at faking it.
It wasn't until years later that I discovered the secret, and it came via a Princeton economist. Understanding the fact that wine is an agricultural product, and as such is dramatically affected by weather, Orley Ashenfelter used decades of weather data and auction prices to come up with this equation for Bordeaux wines:
"Wine quality = 12.145 + 0.00117 winter rainfall + 0.0614 average growing season temperature0.00386 harvest rainfall"
Assessing wine is considered an art rather than a science, but oftentimes creativity is about applying a little science to artas Orley did by taking into account weather and auction data. In an effort to inspire entrepreneurs to also turn ill-practiced art into science, below I share a few other examples.
The Mathematics of War
Sean Gourley, a physicist by training, wanted to gain a deeper understanding of what was happening with the war in Iraq. So he worked with a cross-functional group to understand "the mathematics of war." What he found was fascinating, that guerilla wars around the worldin Iraq, Columbia, Peru, Indonesia and Afghanistancould be reduced to this equation:
Gourley tells the entire story in the video below, including how he arrived at the fact that alpha (the slope of the line) is 2.56. As he explains it, guerilla war has evolved to a state of equilibrium that can be defined by an equationthat there is an optimal organizational structure for fighting an organized military. Guerillas either discover this structure, and implicitly, this formula, or they get killed off.
Mathletics, Sabermetrics and "Moneyball"
The story of Sabermetrics and statistics in baseball has been told many times, so I won't repeat it here. Suffice to say that if you have any interest in baseball stats, "Moneyball" is a must-read.
A story not as widely told is that of Wayne Winston and the Dallas Mavericks. A few years ago, Winston, a decision sciences professor from IndianaUniversity, consulted the Mavericks on a new rating system aimed at measuring the impact a player has on the entire team. Points or assists don't offer much information in and of themselves; what's far more valuable information for a team is answering the question: "When player x is on the court, does our lead grow or shrink?"
From a 2003 New York Times article about the system:
Ignoring every traditional statistic for players, Sagarin and Winston have designed a ranking that is modeled on hockey's plus-minus system, in which players receive credit for being in the game when their team does well. Whether they actually score points or grab rebounds does not matter.
"Did you make the pass before the assist? Did you tip a ball to someone who made a shot? Did you set a pick? Did you take a charge?" said Winston, a fast-talking former "Jeopardy" champion who, like Sagarin, grew up outside New York City rooting for the Knicks of the late 1960's and early 70's.
"Nobody's got a stat for these," Winston said. "Ninety percent of basketball is made up of things there aren't stats for."
I just pre-ordered Winston's new book, "Mathletics," due out this fall. I can't wait to read it.
How to Develop a "Prediction Function"
Step 1:
Start with some insight about the relation between two thingslike the fact that weather determines wine quality.
Step 2:
Identify "output" data to tune your prediction functionfor example, historic auction prices as an approximation for wine quality.
Step 3:
Graph the data to examine the best way to extract the function. Does the data look like it fits a line? If so, do a simple linear regression (a very simple way to do this is the Regression function in Microsoft Excel's Data Analysis package - unfortunately, it's no longer available on Excel for the Mac, but you can do it elswhere). Does the data look like an exponential curve? If so, you can do a logarithmic regression (here is an online tool for a simple regression). And you can use much more sophisticated statistics to find the right equation, if one exists.
Step 4:
Profit.
There are so many areas in which having the ability to make dramatically better predictions would enhance our livesjobs, dating and health, to name a few. I can't wait to see what the future has in store.
Mike Speiser is a Managing Director at Sutter Hill Ventures. His thoughts on technology, economics and entrepreneurship will appear every week on http://gigaom.com/.