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Entries tagged Scott Adams

Scott Adams on Betting on the Bad Guys in Investing

Adams argues that investing with our hearts is much more likely to end in an empty wallet.

Instead of investing in companies you hate, as I have suggested, perhaps you could invest in companies you love. I once hired professional money managers at Wells Fargo to do essentially that for me. As part of their service they promised to listen to the dopey-happy hallucinations of professional liars (CEOs) and be gullible on my behalf. The pros at Wells Fargo bought for my portfolio Enron, WorldCom, and a number of other much-loved companies that soon went out of business. For that, I hate Wells Fargo. But I sure wish I had bought stock in Wells Fargo at the time I hated them the most, because Wells Fargo itself performed great. See how this works?

Scott Adams on Complexity

Man, what that guy said. And while we’re on the subject, Joel Johnson put together an infographic of all of Sony’s gadget products. Insanity.

In the end, it will turn out to be something simple. I probably called the Bankcard Merchant Services department instead of the Merchant Services Bankcard department, and they can only see certain types of accounts, or some such thing. I don’t think my money actually disappeared. The real problem is that the world has become so complex that simple tasks are nearly impossible.

[via marco]

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