Events

The Chicago Tribune points out that Sears' $5 bn in losses could actually help the guy who killed it, Eddie Lampert: As of the retailer's bankruptcy on Oct. 15, Sears estimated it had net operating losses it could use to offset $5 billion of future taxable income, and separate tax credits of around $900 million. These are the most valuable assets Sears has, and under U.S. tax law, they could disappear in bankruptcy if another company or investor takes the company over. When a company has accumulated net...

I finished unpacking from my move yesterday, with only a few chores left (like finding a home for all the little things in my office that have taken over my desk). Shortly after finishing, I took out the trash, and started to wind down. Then I noticed my house getting warmer. The previous owners had an Ecobee thermostat, which, because I'm on the Google ecosystem, I will replace with the Nest thermostat that should arrive today. I noticed that this Ecobee had a very strange reading: 63°F. And falling....

Lisbon has unique sidewalks, which are beautiful—and dangerous: In a city without an iconic monument like Paris’s Eiffel Tower or Rome’s Colosseum, Portuguese pavement has become become Lisbon’s calling card. Its graphic black-and-white patterns are printed on souvenir mugs, canvas bags and T-shirts. City Council has even gone so far as to propose the sidewalks be added to UNESCO’s Intangible Cultural Heritage list, alongside Portugal’s melancholic national music, fado. Portuguese pavement is excellent...

We've known this for 50 years: open-plan offices do nothing good for companies except reduce rent costs, but they do a whole lot of bad. They are not "fun;" they are not "collaborative;" they are not "start-uppy." They just suck: Over the decades, a lot of really stupid management fads have come and gone, including: Six Sigma, where employees wear different colored belts (like in karate) to show they've been trained in the methodology. Stack Ranking, where employees are encouraged to rat each other out...

Nice.

Two milestones yesterday: I tested my grill with some friends and with decent results (note to self: soak the cedar plank first), and I finished unpacking the guest bedroom. Regular posting will resume at some point.

We have a deployment at work tonight at 5pm (because in financial firms, you always deploy at 5pm on Friday). Fortunately, we've already done a full test, so we're looking forward to a pretty boring deployment tonight. Fortunately, we have the Internet, which has provided me with all of these things to read: It turns out, men are responsible for 100% of all unwanted pregnancies. Real, live diplomats explain how to respond to something like Jamal Khashoggi's apparent murder, and how we're not actually...