Going to be leaving the home for a bit to meet up with some family. Decided to backup some critical data to the cloud, just incase I won't be able to return. In disaster, the internet is incredibly handy.
Sunday, March 13, 2011
More info from a friend in Sendai
More people are coming online on Facebook reporting that they are ok. Seems like shelters are taking care of people there. One friend was able to cook several days worth of food. My friend reports that there is no power or electricity. Seems like power is up and down depending on location.
Saturday, March 12, 2011
People tweeting real time on the news
Been watching the news online and there is an integrated tweet feed. Most tweets are pretty useless and I wish there was a way to block them.
Note to self: look at sources of reliable and unreliable tweets.
From the Sendai City webpage
http://www.city.sendai.jp/
-Bus service is intermittent in some places, operational in others
-Hospitals accepting patients in severe conditions
-People are recommended to stay home
-Natural gas service is intermittent
-People without water can have access through sources at schools
-Garbage collection not in service
Hitting the supermarket in the morning was smart
The super markets and convienance stores were busy today. People have been stocking up on food since the quake. I now have about 1 weeks worth of food cooked and prepared. Other friends have mentioned that some stores are empty of food that can be immediately consumed.
Japanese reporters on radiation levels and evacuation distances
Looks like the reporters are seeding panic by wondering if the evacuations distances are sufficient. They are worried about the government covering up information and if the evacuation distances are sufficient. Exceptionally pissed off at the talking heads that they aren't doing any research.
I wish there was some kind of market to force them into a bet... where I can bet against them.
Sendai Status via Twitter
For those that know Japanese:
Via Tetu on Twitter: http://twitter.com/mahhya94/status/46425985838620672
青葉区五橋の姉と連絡つきました。13:22現在 避難はしていない様子。街中は建物もそんなに壊れてないと。 30分前13時ごろ電気復旧。水も復旧
Translation:
Go in touch with sister in Aobaku-Itsutsubashi. As of 13:22 does not seem to be evacuated. Buildings do not seem to be that damaged. At about 13:00, power restored, water running
Via Tetu on twitter: http://twitter.com/tetumemo/status/46476055724298240
【追加情報仙台市の友人から】仙台市役所前のみ電力供給あり、取引先の会社へ避難中。 長町南から長町駅、商店街付近は建物の倒壊は無いものの道路がうねり、交通が困難
Translation:
(Further information from friend in Sendai)Power only available in front of city hall, taken refuge in company building. At south Naga-machi, objects on streets not from fallen buildings on streets. Traffic is hard.
I've heard further reports that water isn't running in some areas...
Fukushima Nuclear plant explosion:
Calculations on the radiation levels:
Current reported dosage levels @ 1000*normal.
Normal radiation dosage @ 2.4 mSv/year
need 1~2 Sv dosage to start to feel nausea or vomiting -> time to that occurs is about 5 ~10 months assuming that you are *at* the power plant.
Dosage levels will probably drop in an inverse squared power law away from the power plant. Meaning we've got plenty of time to react.
Sources:
Radiation rate @ 1000 x normal: http://bit.ly/eGht2S
Radiation poisoning levels: http://bit.ly/bRheP6
Facebook, faster in disasters
Spent most of the evening and night yesterday on Facebook reading from friends reporting in that their families are ok in Sendai. SMS and cell phone contact is really slow and I thought it was ironic that it was faster for me to Skype home and contact people through facebook. I'll make a mental note of that for the future. So much information just came so fast that I hadn't the chance to organize it into a post... the damage in Sendai is extensive and we are still having aftershocks.
I think I am going to take it easy today... wonder if the grocery stores still have food.
Friday, March 11, 2011
Earthquake, I am ok
Incredibly sad the earthquake hit Sendai. I've been to some of the places they've shown on TV with damage. I am ok at least. Lots of information going through Facebook right now. Checking with friends in Sendai to see if they are ok.
Tuesday, March 01, 2011
Thinking about the Monkey Portfolio
In the old days of high school we used to have multiple choice scantron tests and we used to call the monkey score the score you would get if you just randomly started choosing answers. We used to have 5 possible choices on these tests so the monkey score would be 20%.
I was having a conversation with a friend recently about financial planning and the guy is a financial planner actually. During the discussion my friend proclaimed to me that he could structure a portfolio for clients with different risk characteristics with averaged annual returns ranging between 6%~12% and that he would recommend a 12% portfolio for young people for fast growth. His reasoning behind that was that you could take any 10 year window of the stock market and find that the market compounds at an average of 10%. Since he worked at a financial institution, they had better tools to get better returns which warranted that they could get that 12%. I decided to take his statements to task to really see if this was the case... unfortunately it wasn't.
To be generous, I decided to take a nearly 30 year span of the stock market starting in June 1981 until Feb 2011 (chosen at random) to calculate compounding rate. As of June 6 1981 the Dow Jones index was at 976.88 compared to Feb 1 2011 value of 12130.45, which is a 12.4x increase. Calulating for the compounding interest rate, all I would have to do it take the root of this between the time span to find that the compounding rate to be approximately 8.86% over a 30 year period. The result is striking to me that a 10% compounding rate is optimistic at best and 12% is a bit out there.
The Dow Jones Index since June 1981 to Feb 2011
So next, I decided to do take this a step further and assumed that I invested into the market at a constant rate of $1000/month for whatever the price the Dow Jones Index was going for until the beginning of Feb 2011, what would the annual compounding rate be after ~ 30 years? The result is illustrated in the graph below:
Compounding rate calculated while making constant contributions
Sure there is a lot of movement in the compounding rate in the initial few months but as time slogs along the compounding rate begins to stabilize at 6% but drops down to 4.7% after the recent economic crash. From the results we are nowhere close to achieving the 10% compounding rate that was initially proposed. Just as a note, the graph bottom axis is in months but has the same time span as the above Dow Jones plot, I was just too lazy to change the axis.
The gains however are still significant even at a lower compounding rate though, assuming a $1000 contribution into the fun over 356 months, the total contribution turns out to be $357k (assuming +$1000 at month 0) with a portfolio value of $1.38 million after nearly 30 years of constant investing. Sure the market might have had compound growth in the upper 8% range, but the dollar cost averaged purchases of stocks over the past 30 years tells a different story. The guy was obviously making a pitch at me and setting reference points is a common sales tactic, but the reality of the matter is that a 10% continual compounding rate is optimistic. When it comes to financial advice and products, keep your wits about you.
Tuesday, February 15, 2011
Some notes on web programming
While doing the waiting, I am looking into the following things:
- How to setup an Apache server and get CGI includes for Python working
- How to create interactive applications for webpages
- How to manage data using a SQL type database
- How to create web applications on infrastructure on the Google App Engine or Amazon's EC2
- How to program websites with AJAX (since I don't like web pages reloading on me after doing a query)
- How to use Python to generate html templates or generate CSS templates through Python
- How to create menus, buttons and images through programs since I am too lazy to use things like Photoshop to do tasks like these manually
Monday, February 14, 2011
I need to certify myself as fluent in Japanese
I've also been looking at new job opportunities, people that speak both English and Japanese fluently have a leg up, there are lots of interesting opportunities out here to work in a multinational firm or setup new businesses, especially when foreign companies need people that understand the culture and want to setup base here. I have had my nose buried too deep in work and haven't been working on my Japanese as seriously as I should. My bad.
I want to raise my salary by 25~50% by the end of this year by improving my Japanese skills and picking up some marketable skills for use in different environments. One thing I have learned about working in a corporate environment is that you'll get nowhere if you're a bad communicator.
Foray into web publishing
I made one mistake with registering with these guys however, the problem being that they do not have SSH access into their servers, meaning that I cannot run command line related stuff to check the version of the software they have, but they seem to have a large repository of interesting packages to play around with. Later on, I may see about using Google's app engine or Amazon's EC2 frameworks for scalable software. It will take me time to learn things but I think there is interesting work to be done in this field. This blog may or may not move, but I am in the process of registering my own domain name and interested in developing my own web presence.
Contemplating getting a macbook
I've noticed, recently there are some rough edges that need some smoothing out, mainly in the section of professional software. The great thing about linux software is that it is free and they work pretty well-- I can pretty much do nearly just as much, if not more on a linux machine compared to a windows box, for free and even better. I really like how fast Ubuntu boots up, how quickly I can log in and how responsive the machine is even right after logging in (there isn't very heavy background software loading after you log in). It's pretty tight software. The only thing that is lacking, perhaps is a really good video editing suite or media management editing suite. The one thing that I liked about Apple software is the level of polish that goes into the software available for the Macs-- they simply work and usually are quite cutting edge.
Compared with the Microsoft ecosystem of software, I've found that looking for windows based software on the internet to be rather spammy and sometimes the software sites on the net can sometimes even seem a little dubious. Perhaps it is a result of a smaller and tighter-knit Apple perhaps? I am not entirely sure, but we are starting to see something similar happening to the iPhone/iTouch app store where sometimes dubious software sometimes does pop up (though putting software up there is done through an approval process which has wrought ire from some people).
Anyways, there is a bit of a premium when it comes to buying Mac hardware, but since the base of their software is Linux based, it shouldn't be too hard for me to pick up. The question is if I want to start off with a laptop or just an iMac mini (which I think it kind of pricy at $799!).
Keep a spare keyboard
After wondering if the keyboard was in a bad position, the receiver was in a strange location and wondering if the battery was dead, I have pronounced the keyboard dead. Generally, indicator LEDs aren't standard with wireless keyboards because they shorten battery life, making debugging rather tricky. I eventually had to dig out an cabled keyboard to connect to the desktop... only to find that the keys were rather sticky. Then it struck me... I spilled some really sticky liquor on the keyboard since the last time I used it and quickly took it to the shower where I doused it in hot water.
Suffice to say, I won't be able to use my desktop computer today and am currently using the internet through my netbook. I've put an order for a new wireless keyboard online and the total cost for a new one is about $25 bucks, including free shipping. Not bad, it's something that I can live with.
Friday, February 11, 2011
Sometimes, you have to entice people to commit
I've been in a recruitment phase for finding a community of smart people to work on projects with and eventually turn those into a viable service or product and there are great opportunities out there for data mining/business intelligence type applications. There is so much on the internet that we have just begun to scratch the surface, but people know that the market is there and there are many startups that are moving into this realm.
There is only so much that I can do on my own and that has been one of the biggest realizations for me. Yes, it is true that I could probably learn what I needed to know to do something, but it takes time to be a master at sometime. If you truly want to do something big, you're going to need a team of people to do it, a tight group of smart people.
I've been making some programmer friends recently and I've made several pitches to try and get a project off the ground. Yes, I can convince them that some of my ideas are interesting, I also enjoy bouncing ideas to find new avenues of use. I have some code written and some proof of concept, but I need to learn how to make people to commit. I tend to generally be soft on people, like when I tell them "spare whatever time you have" or "get things done whenever you can," to be honest going easy on people like that is a mistake and you'll get no real commitment from them; unless of course, that the people you are talking to implicitly feel strongly that you are going to succeed with or without them (but still, it is a weak play).
If you want people to commit to working on a project with you, you do have to entice them. Show them that the project has momentum, that you are strong willed and believe that it is a good idea and that if they want to join up that they have a short but reasonable time to do so, because people usually don't do things unless there is a deadline to for decision; it is simply human nature (oddly enough, I think it is similar to dating and that you shouldn't give a person that you really like the opportunity to go out with you whenever they feel like it because you are implicitly saying that you don't value yourself that highly... but I digress).
In short, you have to act with urgency and find ways of making what you do a priority for other people if you want them to join up or else things will happen "whenever," which translates to "never."
Wednesday, February 09, 2011
Now a fan of audio books
Fast forward 3 years, I started listening to a few audio books while exercising, riding my bike and while on the train. The lack of having a (sometimes) large, heavy book with me was definitely a good thing, because I had less heavy things to carry around with me and I'd be learning during times when I had nothing else to do, which means time productively spent.
An audio book can take about 6 hours to listen to (about 1 hour/chapter) but it isn't bad considering that for a normal commute to Tokyo takes about 1 hour one way meaning that I can finish 1/3 of a book just on a trip out to Tokyo and that doesn't include the time for me while walking around. The other nice thing about listening to audio books is that I find the information content from books to be much more nourishing as the topics covered in books are covered with greater depth compared to what you generally find on the internet. The only disadvantage for audio books is that books discussing complicated math or needs graphs to explain ideas becomes very hard to comprehend, so topics that do not require a lot of "rigor" are usually good to listen to. Hopefully I'll find some good Japanese audio books to further develop my Japanese skills.
Tuesday, February 08, 2011
Updating the resume
I mentioned earlier that I wasn't so hot about waiting 4~6 years for a promotion. I think that one of the biggest faults of an organization is limiting the speed at which a person can climb the ranks is a fatal mistake, since no one will have an incentive to take on more responsibility than they have right now. But hey, that's bureaucracy and politics for you.
Interestingly for the past 3~4 months, I have been looking at other opportunities in different organizations, the pay is dramatically better and pretty good for even a young person like me. I've started sending out applications... no real bites for positions just yet.
It's been a long while since I did any real work hunting, preferably, this time in a more "Western" organization as I find my mental capacities are much sharper when I work and communicate in English. Good Japanese skills here are very important and can even improve the value of a worker too and I intend to work on that as well... I just don't have an incentive to do anything at the place where I am currently employed. But I digress...
What I realized after getting into the working world again (since the last time I did any kind of job hunting when I was graduating from my undergrad studies) is that the nature of the resume has changed. I was good at marketing myself as a student with my resume, which was padded with a lot of good academic achievements, what I realize now is that I can't play those up as much any more and have had to chance the format of my resume to reflect the kind of work and my new work interests.
Not in all cases, can one send a cover letter out for each application as for the recruitment sites that I've been working through now only use the resume to evaluate a candidate, to which I realize my resume is too engineering heavy for the positions that I've been looking at.
The other thing about looking at job postings, especially at recruitment sites is that they have concrete job descriptions and approximate salary ranges for the kinds of people they are looking to hire, which is really different compared to the standard Japanese system where you just apply, then they accept you and then figure out where in the company they want to send you. I am far more comfortable with the normal western hiring practices.
I've made the mistake of sending out too poorly tailored resumes to too many job openings that there aren't any new good ones at the moment so I am going to have to slow down and think of strategies of improving my skills set to get a good position elsewhere. It is an interesting experience to be back in the work search world again.