Posts filed under 'default'

Texas Lottery

This surprised me:

In the Texas Lottery, 18- to 24-year-old players spend a median $50 per month on lottery play, the highest level among all age groups.

WHO ARE THESE PEOPLE??

June 11th, 2008

Greatest UT class ever

They lit up the Tower just for us!


May 27th, 2008

The business of cocaine distribution

There’s a surge in the use of submarines as cocaine transpiration to los Estados Unidos.
Just like they taught us in business school — distribution is everything!

May 11th, 2008

Programming note

I took a job with Duff & Phelps as a senior associate. New job will be working in property tax valuation — working on complex properties and helping businesses argue value against county assessors. Challenging stuff, plus I get to stay in Austin, so win-win.

Anyway, you seven people who read this blog might have noticed a topic shift recently. Short, to-the-point linkage to articles I enjoyed, mostly finance and business related. That’s in keeping with the pace of the new job — fast fast fast. I’ll keep that going as much as I can.

May 8th, 2008

Props for “Two-Buck Chuck”

Researchers conclude: Individuals who are unaware of the price do not derive more enjoyment from more expensive wine.
I scanned the research paper — no mention of Two Buck Chuck
or my one-time favorite cheap wine, Boone’s Farm Snow Creek Berry. Nonetheless, they deserve some love, even if they are made from antifreeze.

April 27th, 2008

How 2,393 Subprime Loans Become a High-Grade Investment

Roger Lowenstein walks through the credit ratings process back in the mortgage heyday.

27credit2450.jpg

April 23rd, 2008

Feet good. Shoes bad.

From New York Magazine, an eye-opening account of why most shoes are bad for you.
Just fascinating. Makes me want to run out and buy a pair of Vivo Barefoots.
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April 21st, 2008

Smashing two pigs together

Blockbuster City!

The last quote is priceless:

“Our view of the change that’s occurring in consumer electronics and the movie-rental business is one of convergence,” Mr. Keyes said. He sees Apple Inc.’s stores as an example of “a user-friendly one-stop shop with solutions for the consumers” that could be a model for Blockbuster-Circuit City combination.

Yeah, Apple stores! There’s the future of the big box and corner store synergy! Do it like Apple does! With lower-paid employees…and technology they don’t own…and a horrible balance sheet…but other than that, looking good!

April 14th, 2008

Go Georgetown

Fortune says that Georgetown, Texas is great for entrepreneurs. And who am I to argue? Even though the commute into Austin is not the best part of anyone’s week, Georgetown is still a place where you can live comfortably on a lower income. Housing is cheap, and property tax rates are a full point lower than Austin or Round Rock. (The latter is entirely due to the the abundance of seniors in Sun City that pay into the school system, but whose kids are all grown up.)

The two things I’d love to see in Georgetown:

  1. A mass transit system to get into Austin, a la Leander’s commuter line to the city. Supposedly that’s an option down the road.
  2. A buildout of downtown Georgetown residential living. Georgetown’s downtown is experiencing a revitalization, with new shops and restaurants dotting the city square, all surrounding the newly-refurbed County Courthouse. Yet, living “downtown” means buying a $400K Victorian about 12 blocks away. Considering the condo / mixed-use explosion in downtown Austin, you’d think G-town might want to explore some type of residential tie-in with the commercial growth.

March 28th, 2008

When a Movie Theater is not a Movie Theater

Live events are a growing segment of movie theater shows (NYT).
Wonder what took them so long. You mean empty parking lots isn’t a good thing?

March 23rd, 2008

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About

I'm Ruben Miranda. I'm an MBA student graduate and financial services advisor living in Austin, Texas. This is my blog, home to some random takes on finance, business, software, and occasionally pop culture. Thanks for stopping by. (By the way, I don't speak for my employer.)

rem@alum.mit.edu

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