Perthblog

This is the official Perth blog site for posts, comments, and other contributions about leadership, behavioral finance and economics, and about management generally, as well as other related topics that take our fancy.
Dr. E. Ted Prince is CEO and Founder of the Perth Leadership Institute, which has developed unique leadership assessments for financial leadership and business acumen. He is the author of The Three Financial Styles of Very Successful Leaders, published by McGraw Hill in 2005 and since published in China, India and Taiwan and Business...
Dr. E. Ted Prince is CEO and Founder of the Perth Leadership Institute, which has developed unique leadership assessments for financial leadership and business acumen. He is the author of The Three Financial Styles of Very Successful Leaders, published by McGraw Hill in 2005 and since published in China, India and Taiwan and Business Personality and Leadership Success: Using the Leadership Cockpit to Improve Your Career and Company Outcome published by Amazon Kindle in 2011. He has numerous publications in the area of leadership, management, human resources, business strategy and technology and is a frequent speaker at industry conferences. He has held the positions of Visiting Lecturer at the University of Florida and Visiting Professor at the Shanghai University of Finance and Economics. Dr. Prince has been CEO of several companies in the technology area over a period of 20 years including Chairman and CEO of a public company for 6 years. He has also been on the boards of numerous other companies including several public companies. Dr. Prince holds a BA First Class Honors degree in languages and political science from the University of New South Wales in Sydney, Australia, and MA and Ph.D., degrees in political science from Monash University in Melbourne, Australia.
More

Exercise is being way overhyped!


So you know what I mean? Can’t open any magazine, blog, newspaper, social media without being bombarded by how great exercise is for you. Nauseating right? Full disclosure: I wear a Fitbit (Blaze) permanently, run every day, walk whenever I can. I’ve drunk fulsomely of the Kool-Aid. But that doesn’t make me right. Nor does it mean that I am totally...

Continue reading
  4191 Hits

Can the cognitive biases of the intelligence agencies be exploited by our enemies?


National intelligence has been a hot topic lately. That’s a bit weird given that I have been posting on artificial intelligence. Does national intelligence come even close to AI? Can we trust its analyses? OK so I have a tiny bit of first-hand experience in this. In my callow youth I was actually a junior diplomat for a small power allied to the US...

Continue reading
  4209 Hits

AI is heading in a wrong and terrible direction!


My recent post on AI argued that currently AI is not interesting because it’s really just more incremental thinking based on current, boring,  paradigms, in effect party tricks (“AI – Let’s move beyond party tricks!”). Yep, I’ve seen the latest celebratory article in the new York Times about the amazing things they’re doing with Google Transla...

Continue reading
  5039 Hits

Is reading bad for you?


As a book writer myself I’m always interested to see who might want to read my books, or for that matter, any books. The bad news is that the book market is essentially flat, so doesn’t look like I’m going to make out with my book, even if it were a best-seller, which it’s not. The slightly better news is that e-books are growing a little faster bu...

Continue reading
  4446 Hits

Are celebrities better venture investors than the professionals?


We Americans are obsessed by celebrities. Many of them have lots of moolah. So I’m sure you took notice of the recent announcements that Leonardo DiCaprio has joined a Boston VC firm. Maybe you also happened to notice another recent announcement that Kobe Bryant had launched a $100 MM VC fund, with one Jeff Stibel. This is just the tip of the icebe...

Continue reading
  4749 Hits

Is real behavioral change ever possible?


Well this is taking a different view. There is a huge supply of companies and methods to make you a better person, a better leader, a better manager and so on. And the vast majority, if not every last man-jack of them, are based on the assumption that people can change their behavior, if not a lot, then at least a little. Aren’t we humans just a li...

Continue reading
  4183 Hits

AI – Let’s move beyond party tricks!


Right now AI is really hot. But to me it’s boring, showing no imagination. Siri still performs at the level of a very dumb 5 year old. Self-driving autos work but the tech is soooo incremental. Basically AI is all about performing party tricks. When will it get truly smart, even shocking? I am sure you have heard of the famous American science fict...

Continue reading
  4348 Hits

There’s a better alternative to the UN!


Nikki Haley has just been appointed the new US Ambassador-Elect (??) to the UN. Another day, another dollar. Elections have consequences & etc. But she’s an impressive person. So how come she is allowing herself to be appointed to be the US representative to a body which, by wide agreement just doesn’t work? One that just has not been capable o...

Continue reading
  3885 Hits

Was Darwin wrong? Why it matters


Hmmm, this sounds like a stretch, even for me. Surely natural selection is gold-plated, like the Bible, maybe even better? Nope, it’s starting to look like Darwin was barking up the wrong (evolutionary?) tree. But just so you know, I’m just the messenger, using info from the big guns, in this case a widely-published professor of biology Kevin Lalan...

Continue reading
  8905 Hits

Are universities obsolete?


So I’m sure you’ve heard about the MOOCs – massively open online courses? There’s a bunch of them now like Udacity and Coursera. Many universities are adding new online course offerings powered by them. So the MOOCs are already doing a little to disrupt the university scene. But so far they haven’t had a fundamental impact, notwithstanding recent m...

Continue reading
  4510 Hits

Being overweight is not your fault – and how to cure it


So yep a majority of people are either overweight or obese. And it’s a commonplace that they need to diet and exercise to fix the problem. The subtext is that for such people it’s their own fault. If they only had the willpower they wouldn’t have the problem. I beg to differ. Sure, for many if not most people a lack of exercise or poor diet is a co...

Continue reading
  4073 Hits

Robo-Etiquette by Emily Roast


  Have you noticed the recent explosion of robots? There are robo-soldiers, robo-advisers, robo-vacuums and so on. To my great shame I’ve even added to the clutter (Robo-coaches), so I’m part of the problem too. We have a rapidly-emerging existential crisis, namely how to communicate with these robos. I mean no-one teaches you at school or eve...

Continue reading
  4409 Hits

Can we unify traditional and behavioral economics?


So active investing is dead. Even the investment literati have finally figured that one out even though the writing has been on the wall for quite some time. I’ve been heralding the issue (“An Inconvenient Truth - Alpha Financial Styles Beget Ginormous Returns” and “Less Algebra More Fudge Brownie - What Will Managed Investing 2.0 Look Like?”). So ...

Continue reading
  4066 Hits

Head transplants – body optional?


So you haven’t heard of head transplants? Get with the times, dude! Believe it or not an Italian medical research team is planning to do a head transplant in 2017. And yep, they even have a volunteer. Takes all types. There’s considerable skepticism however that the operation can go ahead let alone succeed. Most mainstream surgeons think it’s impos...

Continue reading
  3751 Hits

Earth’s clouds expose us to ET!


Dr. Stephen Hawking has just warned us against contacting aliens. I’m sure you have heard of him? He’s the famous cosmologist who has ALS and a doughty approach to life notwithstanding. He’s also known for being an iconoclast. He believes (as do I) that it is certain that there are numerous ETs out there. And he thinks we should do nothing to encou...

Continue reading
  4353 Hits

Leadership gurus lose to Robo-Coaches!


Did you know that the classic book “Moby Dick” has been translated into emojis? Yep, to wit, “Emoji Dick”. What’s the world coming to? I guess like almost everyone in the world you use messaging on your phone. Maybe you have even been known to use emojis, but only with your kids, right?. Same here, but I have also been known to use them (suitably c...

Continue reading
  5177 Hits

Do you have Pre-Alzheimer’s?


It being Presidential silly season, what better than to write a post about past presidents. So I read the latest magnum opus on said topic recently (The American President: From Teddy Roosevelt to Bill Clinton 1st Edition by William E. Leuchtenburg). Warning: it’s a bit of a slog, but it’s worth the trek. The chapter that really caught my attention...

Continue reading
  4600 Hits

“Happy Feet” - can animals fall in love?


OK so I went whale-watching recently, my token conversion to greenery. I actually saw several whales! Humpbacks actually. The interesting thing is that all the ones I saw were in pairs. Our helpful guide told us that these were always couples, male/female. But, she added disapprovingly, the male escort was always temporary; they have their way with...

Continue reading
  6108 Hits

ECB Should Push Issue of Refugee Bonds to Turbocharge EU Growth!


Useless factoid for the day: the European Central Bank (ECB) recently let it be known that it will likely start buying equities as part of its radical approach to quantitative easing. Apparently there aren’t enough bonds around for it to be able to buy. Mario Draghi, its head, really meant it when he said the ECB will take all steps to jumpstart ec...

Continue reading
  3808 Hits

Who owns Mars?


Did you hear that China intends to land on the Moon and to have a base there by 2020? That’s only 4 years’ time. Your freshman kids won’t even have finished college by then….. And of course, SpaceX intends to have a settlement on Mars by 2024. Maybe the explosion of its rocket recently will put a dampener on that, but personally I doubt it. I think...

Continue reading
  5023 Hits

List of all Perth posts