Credit: Mark Hirschey
A Fake Interview with Real* Quotes
Martial Development: First of all, congratulations: a recent surge in Berkshire Hathaway’s stock price has made you the richest man in the world. $62 billion dollars, I hear. According to my estimates, you could literally buy up all the tea in China.
Warren Buffett: I drink Coca-Cola.
Martial […]
Entries Tagged as 'Economics'
Warren Buffett on MMA Training and Self-Defense
March 8th, 2008 · 13 Comments
Tags: Economics · Fighting · Martial Arts Humor · Philosophy
James Randi’s Million Dollar Hustle
March 1st, 2008 · 9 Comments
In medical science, one must pay attention not to plausible theorizing, but to experience and reason together.
— Hippocrates
The James Randi Educational Foundation has not validated any extraordinary human ability; ergo, none is likely to exist.
— Anonymous crank
Are psi and other forms of mental kung fu real? Some research suggests that they are, but to […]
Tags: Economics · Psychology
Two Recession-Proof Investment Picks for 2008
January 25th, 2008 · 5 Comments
My Fellow Investors,
These are perilous times, for even the best of us.
A few short months ago, the market analysts were telling us this would never happen…that the fallout from the banking industry’s irresponsible lending practices would be confined mainly to the housing sector, and our broader economy would continue its gentle ascent.
Folks, the hot-air balloon […]
Tags: Economics · Health and Fitness · Martial Arts Humor
The End of Mixed Martial Arts?
December 1st, 2007 · 8 Comments
In the past few years, mixed martial arts has enjoyed remarkable commercial success. Some fans imagine that its popularity is a result of its vast technical superiority over traditional martial arts styles. But neither MMA techniques nor training methods are particularly innovative; much of what you see in the competition ring was pioneered decades or […]
Tags: Economics · Fighting · Philosophy · Psychology
You’ll Always Have The Sensei You Deserve
September 9th, 2007 · 5 Comments
In How To Choose a Bad Martial Arts Instructor, I provided a quick and easy guide to finding an inappropriate school. John W. McKenna’s recent call for thoughts on leadership reminded me to follow up on that guide, with more helpful advice.
John asked, does most leadership suck? My answer: none of your business. You don’t […]
Tags: Economics · Philosophy · Psychology · Teaching
Is Sensei a Lemon? Uncertainty and the Karate Market
June 16th, 2007 · 4 Comments
Why are the vast majority of Karate instructors below average? George Akerlof’s research on information asymmetry explains this apparent mathematical impossibility.
Martial Arts of Addition and Subtraction
January 11th, 2007 · 1 Comment
Perhaps there are two ways to approach martial arts training, after all.
I am not talking about soft and hard, or fast and slow, or offense and defense. Nor am I referring to external and internal martial arts—whatever you take those terms to mean.
Addition
The first method requires a partner. Together you drill common attack […]
Tags: Economics · Fighting · Philosophy
Why Write About Martial Arts?
September 16th, 2006 · 7 Comments
After dedicating most of my day to work and family obligations, I am lucky to find a spare hour or two for my martial arts hobby. Many of you have a similar problem, no doubt.
We could practice an hour per day for our entire lives, without exhausting the breadth and depth of martial arts. […]
Tags: Blogging · Economics · Philosophy · Training Tips
