Judd Weiss over at Hustle Bear has awarded his 2010 Man of the Year - Peter Schiff.
I never get tired of this video:
I love how people are laughing at him and calling him wrong, calling him crazy, calling him Mr. Doom and Gloom... I've seen that video like five times now, it doesn't get old. His tenacity is amazing - he knows the fundamentals and doesn't waver.
I've read about half of Crash Proof. It's excellent:
Good call for Man of the Year, Judd. Schiff took a lot of abuse from people who had rosy projections, but didn't waver. Watch that video. Everyone should watch that. Wow.
Sebastian, this is a goddamn good video. Three things that I like to point out:
1. I don't watch US Television but, by what I see, I can tell that they don't open space to real debate. Only if you agree with majority you'll have time to speak. Peter was interrupted million of times.
2. Peter was not just right; he was continuosly right; about subprime, stock crisis, golden etc.
3. Do you have any recent (pos-crisis) material about people perceiving that he was right and analysing what he said in 2006 and 2007?
On this coming Monday or Tuesday, I'll be asking the Director of Sales and Marketing at one of the most prestigious local businesses for $100,000. I have all manner of charts, research, data, and numbers showing why this is an exceptionally good idea that will have a fantastic ROI - and it is a good deal. But still, it's mildly terrifying to present in that sphere.
Part of what I'm going to do is go in and ask for a considerable sum of money, but I'm trying to build a different sort of relationship than most people would think. If they choose my company, we'll be producing lots of good work for high pay - but I'm trying to build something other an exchange-based relationship.
What's an exchange-based relationship? Over the last 10 years or so, researchers have identified two kinds of ways trade and interact and cooperate. The first way would be through "market norms" - this is where two people clearly agree to make an exchange, and deliver what they agreed to exchange, and the deal is concluded. The second way is through "social norms" - where you're looking out for each other's best interests.
Let's go over quickly what market/exchange norms look like and how they push out social norms - then I'll have some ideas and guidelines for your own life.
If you like digging into primary source papers, this one from 1993 by Clark and Mills is pretty good. If you're more into books, this was covered in Dan Arielly's book "Predictably Irrational."
A new thing I'll be doing this year will be promotional videos for shows and upcoming events. Video and video editing is something I've wanted to take on for quite a while, and so, I am making baby steps toward that end.
This past weekend I unveiled a little Promo video for my show this coming Sunday at the Exit/In in Nashville. Many folks have never actually seen me perform live even though they may already have some of my songs. So then, of course, my goal was simple: to give people a taste what they might expect when they see me perform.
I decided to play a song called "Arabesque". It's probably the most classically-influenced piece I've written. It's a challenge to play but a ton of fun.
Heavy on the arpeggios and calling on my love for Russian and Baroque-style classical music, it's a fanciful little tune about a father expressing his pride over watching his son dance ballet and ultimately fulfill a life-long dream . . .