According to professor David W. Galenson there's hope for us old guys who still want to make a contribution to society. I was listening to Dr. Galenson's lecture at an event where an organization called Civic Ventures was awarding The Purpose Prise to a group of baby-boomers who, unlike me, were taking on society's biggest challenges. It was inspiring. One of Galenson's insights that I thought was particularly interesting was this idea of two fundamentally different approaches to innovation; one the deductive "flash of brilliance" sort and the other the painstaking, gradual, cumulative, inductive sort that comes with the wisdom of a lifetime experience. He speaks of those of us in the later category feeling "stupid" in their youth at not being easily able to learn by the deductive method. This was my experience exactly and its somehow very encouraging to learn that I'm not alone.
You just have to love Dr. John Malone. The guy's a certified genius but also a "what you see is what you get" straight-shooting kind of guy. His Ph.D. is from Johns Hopkins, BA is science from Yale, worth $2.3 billion (according to Forbes, but probably way low because they just couldn't find all of it). He ran TCI (America's largest Cable company) and sold it to ATT for $54 billion. He's the kind of person that you could just sit and listen to for hours. He's so logical, well informed and well spoken. In a recent interview with the Wall Street Journal here's a few nuggets from what he had to say... (I agree with him about Obama) WSJ: What are the biggest risks for Liberty right now? Mr. Malone: I think the biggest concern I have for the next year or two would be on the retail side, because of the consumer sentiment and the macro conditions. The concerns really tend to be much more macro: Is America going to make it, rather than are we going to make it?...
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