The "Beware the Share" chapter by Udi Dahan resonated with me. I also now buy into version control. p. 14 "It was my first project at the company. I'd jThe "Beware the Share" chapter by Udi Dahan resonated with me. I also now buy into version control. p. 14 "It was my first project at the company. I'd just finished my degree and was anxious to prove myself, staying late every day going through the existing code. As I worked through my first feature, I took extra care to put in place everything I had learned - commenting, logging, pulling out shared code into libraries where possible, the works. The code review that I had felt so ready for came as a rude awakening - reuse was frowned upon!" "How could this be? Throughout college, reuse was held up as the epitome of quality software engineering. All the articles I had read, the textbooks, the seasoned software professionals who had taught me - was it all wrong? "It turns out that I was missing something critical. "Context. "The fact that two wildly different parts of the system performed some logic in the same way meant less than I thought. Up until I had pulled out those libraries of shared code, these parts were not dependent on each other. Each could evolve independently. Each could change its logic to suit the needs of the system's changing business environment. Those four lines of similar code were accidental - a temporal anomaly, a coincidence. That is, until I came along. "The libraries of shared code I created tied the shoelaces of each foot to the other. Steps by one business domain could not be made without first synchronizing with the other. Maintenance costs in those independent functions used to be negligible, but the common library required an order of magnitude more testing. "While I'd decreased the absolute number of lines of code in the system, I had increased the number of dependencies. The context of these dependencies is critical - had they been localized, the sharing may have been justified and had some positive value. When these dependencies aren't held in check, their tendrils entangle the larger concerns of the system, even though the code itself looks just fine."...more
Not great. Some pretty painful sentences. However I read it through.
p. 186 "So Lois must have felt, waiting for Sylvia to die, so she could marry ArthuNot great. Some pretty painful sentences. However I read it through.
p. 186 "So Lois must have felt, waiting for Sylvia to die, so she could marry Arthur and move in, and oust Felicity who was not her own blood, or joined to her by semen as a husband is, making the pair more one flesh than otherwise."...more
individual vs collective action Dave Ramsey's, Suze Orman's, Kiyosaki's: both the first and last chunk of the book were spent assembling the case thatindividual vs collective action Dave Ramsey's, Suze Orman's, Kiyosaki's: both the first and last chunk of the book were spent assembling the case that these and their peers were, at best, telling people what they want to hear, and at worst, scam artists. I didn't find that to be pioneering. But there was enough good stuff that I'll definitely be pushing certain chapters on my colleagues.
p.97 "Over the years, many have come up with plans to improve our nation's retirement system. There are Auto IRAs, which are supported by the Obama administration, where employers set up automatic deductions for employees into IRA accounts, and Universal 401(k)s, promoted by the New America Foundation think tank, where the government would match contributions on a sliding scale, with lower-income individuals receiving the most in the way of incentives, not to mention the hosts of schemes to promote savings by the poorest among us. There's even a plan - promoted by the National Conference on Public Employee Retirement Systems - to allow employees of small businesses without access to a 401(k) to buy into state pension systems... In Ghilarducci's view, pretty much anything that can be wrong with the 401(k) is wrong. For it to ultimately work as advertised, an investor not only needs to be a disciplined saver, but they must encounter no bouts of bad luck like ill health, unemployment, or divorce. They also need to understand the basics of investing, and it really helps to be a high earner since the tax-advantaged savings vehicle is not only disproportionately offered to higher-paid workers, it is most effective for those who make the big bucks."
'such studies as the National Institute on Retirement Security's Decisions, Decisions, released in October 2011, which found that monies placed in pension funds offered their enrollees greater returns for lower cost, thanks to their stable, long-term professional management and lower expenses."
p.98 "If Ghilarducci had her way she would ditch the 401(k) and create a pension plan for all of us by having workers and their employers contribute a minimum of 5 percent of pay into a guaranteed account via mandatory automatic deduction. The government, in turn, would contribute a $600 annual tax credit, which would be paid for by ending the current tax benefits applied to 401(k) and IRA contributions. All this money would be placed in United States bonds which would promise an annual minimum return of 3 percent above the rate of inflation, so participants would be protected from market downturns. Ghilarducci calls these Guaranteed Retirement Accounts."
Women & Poor People - the argument here about women can also be made about poor & working class generally p. 155 ""Personal finance for women falls into the whole self-help movement. There is this whole cultural thing that women need help to be fixed," observed Mariko Lin Chang, the author of Shortchanged: Why Women Have Less Wealth and What Can Be Done About It. "In many ways, these types of efforts - I don't say they are useless, but if you don't have the money to save, they won't help." Wells Fargo's Beyond Today illustrates Chang's point perfectly. On one hand the initiative is admirably honest about women's financial lives, pointing out that women do have a harder time saving as a result of their lesser incomes and not-infrequent greater demands on their checkbooks from things like family fiscal responsibilities to lack of a pension. But the headline on the piece belies its content: "Why Women Need to Save More Than Men." How they should do this with a lesser income that's expected to do more goes unsaid. Perhaps they think women can just turn themselves into the Ginger Rogers of money management, who, as the late Ann Richards once famously observed, did everything Fred Astaire did, but backwards and in high heels."
Being skeptical on financial literacy initiatives p. 210 "In 2003, Target Financial Services contacted tens of thousands of borrowers they believed to be at risk of delinquency. Of the more than 80,000 cardholders they attempted to reach by telephone, only 6,400 of them picked up. Half of that group was offered access to an online financial education program, but only a little more than 10 percent - that's 684 people - said they would be interested in receiving the information. Six months later, only 28 of them had actually logged on to the website and - drum roll please - a grand total of 2 customers had completed the online credit literacy program... None of this should come as a surprise. There's never been an age when Americans possessed the knowledge needed for them to be deemed financially literate. If we seem more ignorant than in the past, it's likely a mirage caused by the fact we needed to know less back when. "It was savings accounts, whole-life insurance, and the home mortgage," said Steve Utkus, director of the Vanguard Center for Retirement Research. "No one," he added, "was taking surveys of our financial literacy in 1955.""
p. 222 ""You've got a minority of the population that is not very emotional around oney ... [who] say 'you should pay your credit card often and in full,'" said Mikelann Valterra, a therapeutically oriented money coach based in Seattle. "If it were that easy, people would go read a bloody book and be done with it... You've got this virtuous minority giving advice to the majority.""
the benefits of providing motivational support p. 223 "But someone who has studied financial therapy or coaching techniques understands you need to be cajoled along. They listen when you say you really were planning to put money in the retirement account this month but then your car got a flat tire just as you were set to order airline tickets and book hotel reservations so you could attend your second-favorite cousin's destination wedding in Puerto Vallarta, and you really can't skip it, not really, because it would remind everyone of the feud between your mother and aunt twenty years ago and, besides, you like Puerto Vallarta, damn it. "Motivation doesn't come from without, it comes from within," said Saundra Davis, a financial coach who often works with low-income populations. "I could say do this or do that, or I can say, 'Why do you want to pay off your debt?' We can explore what it means for your to pay off your debt, what it means for you or your children. Do you want to travel abroad?' Then I say, 'What do you think the first step should be.' Now, I know what it should be, but change comes from you. Think of all the times people told you what to do." There is some evidence that financial therapy and coaching work, especially when it straddles the line between emotional and practical support. There are efforts like the Family Independence Initiative, a program started by longtime social justice advocate Maurice Lim Miller, which places low-income families in groups where they encourage and advise one another on how to get ahead financially. The results have been startling: in one study, family incomes increased by 23 percent in two years, while debt and dependence on government social services decreased."...more
i don't have a shelf for this! learned a lot - when planting from containers, slice into the rootball, how to deal with bulbs, stagger blooming times,i don't have a shelf for this! learned a lot - when planting from containers, slice into the rootball, how to deal with bulbs, stagger blooming times, very helpful. ...more
It was fine. The first third was best, the second chunks dragged a bit. By the end I couldn't remember what I'd liked about the beginning (maybe justIt was fine. The first third was best, the second chunks dragged a bit. By the end I couldn't remember what I'd liked about the beginning (maybe just that I'd been on vacation when starting it?). Labour unrest from the perspective of British trading houses. ...more
So far hasn't given even glancing notice to tax expenditures. The amount of personnel in the military surprised me: p.22 "About 35 percent are uniformSo far hasn't given even glancing notice to tax expenditures. The amount of personnel in the military surprised me: p.22 "About 35 percent are uniformed military personnel and another 29 percent are civilians working for the departments of Defense, Veterans Affairs, and Homeland Security." Alright, I forgive. Tax expenditures get their time on p. 28. ...more