While the application of false but popular economic theories continues to wreak havoc on civilization, it is comforting at least to know that there are a lot of people out there who have better ideas than the ideas that have led directly to the need for the current depression (a depression, by the way, which is essential to correct all the damage that was already done during the boom).
I'm trying to do my bit to learn and eventually make a contribution. Just for fun, I thought a short quantitative performance review of my year might be good for New Years' Eve, especially since so much of my work is highly qualitative in nature. So I put together some numbers.
Review of 2008 profession-related achievements by the numbers
Number of English words of investment research reports translated out of Japanese (this is my "day job," read: the one that generates a current cash flow). This equates to roughly 800 pages of text.
Number of words of notes, ideas, and observations added to my New Ideas file for future project development.
Number of non-fiction books read
Number of blog posts published
Number of fiction books read (on paper)
Number of fiction books listened to (thanks Audible)
[43: Book total]
One of the problems today is people not reading enough books. Even reading a lot of Web pages and blogs on a regular basis, which I also do, cannot equal the systematic development of knowledge and understanding available in books. Blogs are also good for connecting ideas with current events and for discussing new ideas, but systematic understanding is essential, and it is this that is most lacking today. It takes time to read a book. It is an investment. It pays off. Especially if you choose the titles wisely.
To greatly increase the number of non-fiction books read!