The four-hour guru

NY Times: Too Much Information? Ignore It Timothy Ferriss, author of “The 4-Hour Workweek,” has a receptive audience from those hoping to get done four hours what it takes most people 5 days. Many scoff at his idea:

Nevertheless, without appearing on Oprah Winfrey’s show or doing a book tour, Mr. Ferriss has seen his book quickly become a best seller, largely on the strength of blog chatter in the tech community. Subsequently, he has become a pet guru of Silicon Valley, precisely by preaching apostasy in the land of shiny gadgets: just pull the plug. Crawl out from beneath the reams of data. Stand firm against the torrent of information.

Circulation contines falling at top dailies

No surprise that newspaper circulation is down 2.5 percent at the country’s largest daily newspapers, according to Editor & Publisher. The daily newspaper industry is in a circulation decline that I don’t think it will reverse. Advertising revenue might hold on longer, but it will soon follow. Papers are trying to get the dollars moved online, but that will be difficult.

In Fortune’s Can the Washington Post survive? it was telling:

The best evidence of the difference is the fact that advertisers paid about $573 million last year to reach readers of the company’s newspapers, predominantly the 673,900 daily and 937,700 Sunday subscribers to the Post. Advertisers paid only about $103 million to reach the eight million unique visitors to the Post’s Web sites each month.

Not worrying about what you can’t hear

Wall Street Journal columnist Terry Teachout writes in The Deaf Audiophile that while iPods and MP3 players don’t deliver a highest-quality music sound, it doesn’t matter to him. As we get older we lose the ability to hear the difference. So now he enjoys the convenience of the new devices without worrying about what he can’t hear, such as the higher frequencies.

That’s why I’m more than content to listen to “The Rite of Spring” on my trusty iPod. Would that my presbycusic ears were capable of distinguishing between great and good sound — but at least they still know the infinitely more important difference between sound and silence.

Fighting splogging with technology

Can technology catch unauthorized wholesale republication of others’ content. TechCrunch: Attack of the Splogs—One Of Our Posts Copied 152 Times Without Attribution.

Any blog that produces fresh content on a daily basis is an easy target. Google makes it economical to create such splogs through AdSense and then rewards them with traffic through its search engine. Google (and the other search engines) need to stop rewarding such behavior.

I see many bloggers and social news posters that do this — it’s not the right thing to do.

Drought outlook: Same or worse in 2008

The lack of rain is one everyone’s mind around here. A new web site from the federal goverenment focuses on the drought — www.drought.gov. The map for rain outlook through January shows little reason for hope in the Southeast. In Charlotte, we’re shy about one third the amount of rain we have on average. Click on the map to see a more readable version.

usa_drought.gif

Two measurements of wealth

Two interesting comparisons of where you compare with other Americans. The article was in Yahoo Finance, but comes from Bankrate.com. The parking ramp is an annoying gimmick, but the data is still good.

The first measure looks at annual incomes:

Annual income parking ramp

Income level (percentile) Median income (rounded)
Level VI (90 to 100) $170,000
Level V (80 to 89.9) $99,000
Level IV (60 to 79.9) $65,000
Level III (40 to 59.9) $40,000
Level II (20 to 39.9) $24,000
Level I (less than 20) $10,000

Source: Before-Tax Family Income, 2001 Federal Reserve Board Survey


The next method is looking at the net worth of families:

Net worth parking ramp

Net worth (percentile) Median net worth (rounded)
Level VI (90 to 100) $833,600
Level V (80 to 89.9) $263,100
Level IV (60 to 79.9) $141,500
Level III (40 to 59.9) $62,500
Level II (20 to 39.9) $37,200
Level I (less than 20) $7,900

Source: Family Net Worth, 2001 Federal Reserve Board Survey

In one way these levels seem so high and compared to half of Americans they are.

If you and yours are bringing in $40,000 a year, you’re doing better than half the households in America.