Thank you for visiting my site. My goal is education and discussion provocation: to provide ideas, research, observations, and opinions (sometimes strong ones) that help you understand economics and finance from an angle that is not talked about often on TV or at the cocktail party. This site is also noncommercial. I will not solicit any of my subscribers in any way nor will my subscriber emails be made available to anyone else without their permission. Send me any thoughts or comments you have and enjoy!

Archive for Interesting

Jul
28

Big Mac Index Update

Posted by: Chris Grande | Comments (0)

7.28.2010

The Economist Magazine has published its latest Big Mac Index - which shows the cost of the Big Mac in various countries across the world (120).

Big Mac Cost v USD

Basically, “The Ronald” will set you back much less in Asia than in Europe which leads the Economist to conclude among other things, that the Euro is still overvalued vis a vis the US Dollar (USD).

Professor Richard Florida, well known for his ‘Creative Class” research and 2 books about the “Rise” and Flight” of the “Creative Class,” makes some interesting observations  and statistical correlations of his own at his site – Creative Class. he tracks the cost of Big Macs vs quality of life and number of creative workers in an economy vs blue collar workers. His research is interesting – check it out.

By the way, have you traveled lately and have you bought a Big Mac? When I was in Asia I preferred the street food – equally cheap and delicious.

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Jul
26

Thinking About Goals

Posted by: Chris Grande | Comments (0)

7.26.2010

I’ve been in San Francisco now since June 30 – and will be here until August 7. I must say I have enjoyed my time here as I always do and appreciate very much having this as my “second home.” But it’s not all fun and games when I come here (even though people ask me how my “vacation” is going all the time!).

When I arrived here on the night of June 30, I had a plan to accomplish some goals – 11 to be exact. 4 were business related, 3, were related to investment management and 4 were personal/other interests. One of those goals was to get in shape – specifically to continue my plan which I started beginning of June – to be in shape to run a 10k race by mid August.

To accomplish this goal, I have enlisted the help of dailyburn.com. This excellent website with a simple interface allows me to easily track my running/walking/training progress along with my daily meal intake. And of course, they also have an iPhone App to make portable tracking easy.

dailyburn app for iPhone

I highly recommend this site as it has helped me stay accountable, in an easy way, because it’s right there on my computer (and now on my mobile) which makes tracking easy to do and hard to forget.

A nice side effect of tracking what I eat (dailyburn has most foods in their database, no need to manually enter food stats) has been that I think more about the calorie content of what I eat – which means I eat less calorie intensive food so I can eat MORE – and also, it motivates me to run and walk since it gives me more calories to burn and more I can eat!

Try it out: dailyburn.com!

PS – I have accomplished 6 out of 11 goals already, am close on another 4, and need to work hard to make sure #11 gets done! How is your summer going? Any big goals? Feel free to leave a comment!

Categories : Chris' life, Interesting
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7.23.2010

In the “SoBe” section of San Francisco (“South Beach” – no there’s no beach here),  there sits not only a small slice of American coffee history – the Hills Brothers Coffee Building – but also a source of mystery as to a certain packing process for coffee.

[As an aside, another famous competitor, Folgers Coffee, was 2 blocks from the Hills Building but that is a different story for a different time.] The Hills Brothers were actually real brothers – R.W. (Reuben) and Austin who came to San Francisco in 1873 with their father (Hills Bros website says they came from England – a book I mention below says Maine – perhaps they meant “New England?” – Yet another mystery).

They bought a food distributor business in 1878 (Arabian Coffee Co. ) selling milk, coffee, tea etc. on Harrison Street – including selling butter to American troops during the Spanish-American War (1898):

Austin & Reuben in front of Arabian Coffee

Soon, the brothers outgrew their original space (pictured above) and expanded to another part of San Francisco not far away. Around 1900 according to the official Hills Bros. history website, “Reuben, an incessant tinkerer, stumbled upon” the idea for vacuum-packed coffee to help maintain freshness:

vacuum Press Process

The Infamous Vacuum Packing Process - Who's Idea Was It?

Describing the Vacuum Process

The words “stumbled upon” used by the Hills Bros. website almost made me believe that R.W. came up with the idea through his “tinkering.” However, I am guessing this book – Uncommon Grounds, the History of Coffee and How it Transformed Our World – has the correct history on vacuum sealing. My take is that any author, and in this case Mark Pendergrast, who takes the time to write about the history of coffee in the US, likely did the full research before writing his book (see sample on Google Books Here). he states that R.W. met up with Norton Brothers in Chicago who “perfected” the idea of vacuum packing coffee.  Pendergrast also goes on to state that Hills negotiated a one year Pacific Coast license to the process but no West Coast competitor copied it until 13 years later (MJB Coffee).

Uncommon Grounds...by Mark Pendergrast

Interestingly, further tinkering on my own through the website of the current owner of Hills says it was Chase and Sanborn, now a sister company of Hills, that was the “first to pack and ship” coffee using this idea. I’m not sure whom to believe now – maybe Chase was “first” but Norton Brothers “perfected” it. Ahhhhhhhhhhh I don’t even drink coffee! How exasperating! (not really)

Nonetheless, the year was 1900 when Hills marketed their first vacuum-packed coffee for sale (source: Pendergrast). And after this, they were able to ship their coffee all over the Western US – there’s even a picture at the Hills Building of a Hills Sales exec bringing coffee to Alaska by plane!

Nonetheless, continuing our Hills timeline… the fire/earthquake of 1906 caused significant damage to their business – but they bounced back and rebuilt. In 1924 they started construction of a new factory and headquarters on the corner of Harrison Street and Embarcadero (they were really growing!). The  construction site needed to be filled in due to the quality of the land. This was common then as it was in my hometown of Boston.

The building was completed in 1925 and along with the 10 foot tall letters proclaiming Hills Bros Coffee on the roof, it made quite a statement.

Hills Brothers HQ

Bean Testing With a View of the Bay

The Hills Brothers died in 1933 & 1934 leaving the business to their children.

Portraits of Reuben & Austin Hills

Many years later, after the children and grandchildren got involved, Hills Brothers was purchased by Nestle – in 1985; and subsequently Sara Lee in 1999. Finally Massimo Zanetti Beverage USA purchased the company from Sara Lee in 2005 – they interestingly own MJB, Chock Full of Nuts and Chase and Sanborn among other brands (I didn’t know that!). Hills Brother Plaza is still in San Francisco at 2 Harrison Street, housing many companies and a daycare and Gordon Biersch on the first floor.

Hills Brothers Building from Harrison looking toward Embarcadero

The building has been refurbished and is actually a very classy building. You can find a photo history of the building on the first floor or go to this site for a timeline of events in the life of Hills Brothers or this page for Wikipedia.

San Francisco has many interesting historical stories. If I can dig up information on the Folgers family I will. and I recently solved a minor mystery involving the name of an alley street in SF’s financial district (aka: “FiDi”): Liedesdorff – which I will try to investigate further for your entertainment. As for who was the original inventor of the vacuum-sealed process? Read Pendergrast’s book and do your own investigating. Perhaps you will come up with a different answer. In the meantime, check out the history of the Hills Brothers – it’s a great American success story!

P.S. sorry for the slight rambling – this post became a lot longer than I originally planned due to that little mystery about who invented vacuum packing!

Categories : Interesting
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7.16.2010

This is a great article in IBD about a company that helps people who don’t use computers do tasks online:

Investors Business Daily

The company does a lot of work with non-tech savvy seniors and is appropriately located in South Florida. What an idea!

Proves you can turn almost any idea into a business…

Categories : Interesting
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7.14.2010

For those of you debating whether energy efficiency is worth the effort – considering Jevons’ Paradox about energy efficiency should come into your thinking process. Here is an interesting discussion about nuclear energy and Jevons’ Paradox:

Pro-nuclear Democrats

British economist William Stanley Jevons argued that increased efficiency = increased use – if you think about it, it is very true…

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Jul
13

Can You Vanish Without a Trace?

Posted by: Chris Grande | Comments (0)

7.13.2010

great article by Evan Ratliff in Wired Magazine:

Wired

He tries to vanish, hiding all traces of where he is, what he does etc by doing such things as using prepaid phones, buying with cash, changing his name and the like.

Wired Magazine then challenged people to find him and hundreds of savvy internet users tracked him down when he made small mistakes in revealing information…check it out! I guess we can never get away now…

thanks to Casey’s Daily for forwarding this link on.

Categories : Interesting
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Jul
02

Canada vs USA – Gold v Silver

Posted by: Chris Grande | Comments (0)

7.2.2010

This is quite funny – especially for you hockey fans:

Categories : Interesting
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6.29.2010

I had  just mentioned Groupon.com the other day and lo and behold, they are featured in an article in Investors Business Daily HERE. Groupon is a great example of the technology incest which I find most interesting – the president of Groupon was formerly an exec with Yahoo then founded Sidestep (which was bought out by kayak.com according to IBD). The CEO of the company previously founded The Point which led to Groupon. The company is already profitable, with millions in revenue, and recently attracted over $100M in venture funding.

If you are curious about the strange phenomenon known as technology incest, and if you are of an entrepreneurial bend, or enjoy reading about it, then I would recommend you start your reading with the Paypal founders – which are informally known as the “Paypal Mafia” as their exploits have stretched across many subsequent firms. Former Paypal founders have started subsequent large companies and invested in very successful ideas including Facebook. You can read about them here in this Fortune article or here in this wikipedia write up.

Are you starting a company? I’d enjoy hearing your story…

Categories : Interesting
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This is great!

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6.25.2010

Consumer Reports, the consumer watchdog magazine and organization, offers free newsletters on various topics such health, product safety, medications, green alert etc – I subscribed to a few of them recently and find them to be a quick easy summary of recent issues that may affect my clients or me – therefore I recommend signing up if you would enjoy the same information. You can do that here:

Consumer Reports

Categories : Interesting
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This was passed on from a friend and I thought I would share it with you:

Enjoy!

Categories : Interesting
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5.27.2010

If you’re wondering what a currency crisis will look like here you go:

Zero Hedge

They don’t want to pay taxes or cut the budget but eventually, the bill must be paid. Greeks will lose in purchasing power much more than they ever gained by borrowing and spending and avoiding taxes.

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5.17.10

For those of you who need to update your computer security software, I thought I would pass along this deal from Staples for today only – $9.99 for Norton Internet Security 2010 (after $40 rebate).

not bad – here’s the link:

Staples – Norton

Note: I do not endorse this product in any way nor am I getting paid (of course) to mention this. Purely FYI

Categories : Interesting
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May
14

I need this gadget!

Posted by: Chris Grande | Comments (1)

5.14.2010

this was sent to me today – yet another device that I had already invented in my mind:

Drivemocion

PS: notice the Boston accent in the pic comment :)

tell the other guy to simma!

Categories : Chris' life, Interesting
Comments (1)
May
03

IBD: Top 10 Tech Rivalries

Posted by: Chris Grande | Comments (0)

5.3.2010

This is a fun read whether or not you are a tech geek:

Investors Business Daily

Enjoy!

Categories : Interesting
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