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Really important stuff you must worry about all weekend

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Unless you are watching college hoops, playing with the kids, waxing the vintage auto, balancing the checkbook, vacuuming the rug, fly fishing, playing fetch with the dog, sharing a beautiful mountain sunset with a loved one, smoking a fine cigar, taking a backcountry hike, reading a classic novel, [UPDATE INSERTED AT THE REQUEST OF A VIP: ‘mapping with your GPS’] or any of the other useless stuff you might do instead of absorbing the following…

    Technology
  • Social networking is purportedly now more popular than email. I read the report, and it felt mostly like (yet another) Facebook sales pitch. Of course, if Nielson can’t sell the most popular social network on earth, I’ll bet Oprah can.
  • Google sales chief Tim Armstrong is leaving for the CEO post at AOL, and the move is generally being hailed as a good one (at least for AOL). There’s even speculation Mr. Armstrong will have his choice regarding keeping AOL under the Time Warner umbrella, or spinning it out. Either way, I believe one of Tim’s first moves is to find a growing property to rejuvenate AOL’s tired ship – I think that engine should be network of social networks Ning (logic to follow…later…maybe).
  • Finance

  • One trillion dollars is a heck of a lot of money, and it’ll seem that way to just about everyone except a government official writing checks against other people’s accounts that are already long overdrawn. Yep, one-thousand billion bucks, on double stacked pallets covering an area bigger than a football field. Visualize it here.
  • Value investor Ben Graham would think the S&P still too high, were he alive today. Further, that declaration was made by Bloomberg on Monday – the market chalked up a roughly 10% gain this week. Meanwhile, Nouriel Roubini already said there could be a suckers rally – maybe he’s not as tired as I thought he might be.
  • Fly Fishing

  • Bryan Gregson’s 15+ pound pig got a mention in Fly Rod & Reel – I say it’s about time. I was kind of surprised the Madison beast hadn’t generated a little more press, until I read the recent article. See…much as Bryan lives for the outdoors (i.e. he respects the streams, and fish he chases – and conveys it openly), that grand Madison brown died after the catch. It wasn’t bleeding at the gills, or beat with a bat and then slung on a grill. It fought the good fight, but simply couldn’t be revived. For that reason (death) publications shunned the story.
  •    And my take…

  • I’m beginning to notice a pattern: skilled anglers who just so happen to grasp the notion that fly fishing is a sport grounded in “the hunt” are putting up trophies, while a pack of panda-food-slinging, latte-sipping nancy boys jump to high-browed conclusions under cover of their keyboards. It is no wonder kids would rather play shoot-em-up video games than go outdoors – it’s genuine, unlike than the flavor of fly fishing the overzealous Gucci-elite would like to cram down their throats. The player gets a chance to comprehend finality, which is, in fact, reality.

Adieu.


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