Posts by Andrew Stotz
Optimizing Diversity: Role of a Manager in Education (Part 3)
In this third discussion in a series on the Role of a Manager, David and Andrew discuss how a manager should view, and treat, people. Deming wrote, “It’s just not ranking people, it is instead recognition of differences between people and an intent to put everybody in position for development.” David applies this to education: literally looking at how to support everyone with limited resources.
Read MoreISMS 24: Larry Swedroe – Confusing Skill and Luck Can Stop You From Investing Wisely
In this episode of Investment Strategy Made Simple (ISMS), Andrew and Larry discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this fourth episode, they talk about mistake number 7: Do you confuse skill and luck? And mistake number 8: Do you avoid passive investing because you sense a loss of control?
Read MoreBecome a Better Investor Newsletter – 3 June 2023
Time for an uncapped debt ceiling. Debt ceiling deal increases spending. A gentle reminder about crazy valuations. China is no.1 in terms of skyscrapers. Bye-bye, cheap travel.
Read MoreMaking Data Meaningful: Deming in Schools Case Study with John Dues (Part 3)
Education is often touted as data- or evidence-driven. But in this discussion, John Dues contends that educational data is often fiction, given how easy it is to distort, both via the inputs and outputs and through manipulation.
Read MoreMy Worst Investment Ever May 2023
In May 2023, we published 15 new episodes of the My Worst Investment Ever podcast. Listen to all of them here.
Read MoreBecome a Better Investor Newsletter – 27 May 2023
Fake AI image led to a stock market drop. It looks like dot com 2.0. Japan headed for three-decade high. Chinese cars to flood the world. Your instant cup of Joe is getting pricy.
Read MoreMeeting Requirements Is Not Enough: Awaken Your Inner Deming (Part 2)
What is quality? Does it mean always meeting specifications? What if the calculus for specifications means little and tells managers almost nothing about the process or its potential for improvement? Dr. Bill Bellows discusses the negative consequences of this kind of black-and-white thinking and what to do about it.
Read MoreBecome a Better Investor Newsletter – 20 May 2023
Weak retail signals US slowdown. US household debt surpasses US$17trn. QT ain’t happening. Consider your health span. A green world needs nuclear.
Read MoreFostering Cooperation: Role of a Manager in Education (Part 2)
In this episode, Andrew and David discuss how managers can help people to see themselves as components in a system, working with those before and after them in the process of educating children – for the benefit of all.
Read MoreISMS 23: Larry Swedroe – Do You Allow Yourself to Be Influenced by Your Ego and Herd Mentality?
In this episode of Investment Strategy Made Simple (ISMS), Andrew and Larry discuss chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this fourth episode, they talk about mistake number five: do you let your ego dominate the decision-making process? And mistake number six: do you allow yourself to be influenced by herd mentality?
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