Brian Gongol

Take a look at the 1887 newspaper coverage of the construction of a railroad bridge across the Missouri River at Sioux City, Iowa. The pictures alone should cause one to step back and think, "Would I even volunteer to try to build a bridge across a river today, using modern tools and all of the safety equipment available?" No? Then imagine what kind of guts it took to build things like that before most cities had electric streetlights. What's perhaps more remarkable is that some bridges from that era are still in use today. ■ It just goes to show that human knowledge is additive -- that is, we build upon what the knowledge of the people who came before us (as long as they have the courtesy to write it down and pass it along). The awful counter-examples -- like the destruction of the Library of Alexandria -- are the kinds of human failures we should fear and avoid most of all. Pity us for going through a Great Recession, perhaps, but it's not as though we as a species forgot everything we learned before 2007. As long as we continue to add to the knowledge base -- and document it! -- life will continue to get better for our descendants. And maybe for us, if we find ways to live longer.

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(Video) It's a mystery what kind of brain-wiring it takes to inspire one to create a toothpick sculpture with multiple "marble runs" embedded within it -- but the result is certainly bewildering and amusing at the same time.


A Forbes contributor analyzes stock purchases made by Warren Buffett, but uses so-called "technical analysis". Technical analysis, plain and simple, is bunk. Hogwash. Bullhockey. It's the use of stock charts, looking at past results, to predict future results. Can people make money doing it? Sure. Just like they could make money flipping a coin or shaking a Magic 8 Ball. ■ The only reason to buy a stock is that one thinks he or she will get more in return from the purchase than he or she gives up. Further refined, one should also seek to be getting more in return for putting up that capital (i.e., buying the stock with cash) than one could obtain by investing in what is called a "riskless" asset, like a US Treasury Bill. ■ The only sane way to evaluate whether such a return is likely is to make a calculation of intrinsic value -- determining three things: What the company's net assets are worth today, what the company can be conservatively estimated to produce in net earnings over a reasonable time period (usually ten years), and how much that is worth per share of stock. If by that test a stock's price is higher than its intrinsic value, then it's not a good investment. ■ Technical analysis is nothing more than a wager on the sanity, insanity, and moods of millions of other people. The same people who get whipped up over voting on "American Idol" and buying hipster glasses. Using technical analysis to pass comment or judgment on investments -- especially those made by the world's most famous fundamental-analysis investor -- is just plain ridiculous.

So.cl looks a great deal like Google Plus (though, suspiciously, it doesn't always want to show up on the Mozilla Firefox browser). It's supposedly geared more towards encouraging collaborative research by folks like college students than towards getting people to share minute-by-minute updates on their experiences in the fast-food line, like other social-networking sites. Worth dipping a toe in the water? Maybe.

The opportunities to lend aren't going away anytime soon: The Congressional Budget Office says that if we go ahead with higher taxes and spending cuts in the start of 2013, we could go right into a new recession. No politician wants to preside over one of those, so undoubtedly we'll find that the Federal spending leviathan will continue to borrow from China to spend in the USA.

That's what the IMF says about the UK's economy thanks to trouble in the Euro zone, and the risks back and forth among them. The US should care because the UK is our #6 trading partner overall (year-to-date), and our fifth-biggest importer. If they stop buying, that means we stop selling.

Which, in and of itself, creates a whole new type of security hazard. It's one risk to let people through and onto planes unscreened or poorly-screened. It's another to have large groups of people queued up in long lines, waiting to go through security checkpoints.


David Mitchell's column takes a paragraph or two to get rolling, but the payoff later is worth it. His best line: "What seems unpleasantly vulgar in a tycoon is appropriately headstrong in a king."

Timothy Geithner says he expects to leave the job, even if President Obama wins a second term in office, so there will likely be a new Treasury Secretary next year, one way or another.

If this research doesn't blow your mind, you're not going to be amazed by anything. But if it's up your alley, then you might also want to see what's happened at MIT, where a team has developed a non-toxic coating that lets ketchup spill right out of the bottle.

Can we please do whatever is earthly necessary to expedite this test's rush to the market?

Some stock traders -- it's hard to call them "investors" for paying the hugely-inflated Facebook IPO price -- are suing, saying that some of the underwriting banks told selected investors about some disappointing forecasts but withheld that information from others.

Among Internet Explorer, Chrome, and Firefox

The state, among its many other peculiarities, is pretty much on its own when it comes to electricity -- it's largely on its own independent grid. And the operator of that grid says they're going to start cutting it really close between maximum supply and demand over the next few years. Time to switch to LED bulbs, folks!

"Fast Company" recognizes him as one of the "100 most creative people in business". The important thing, really, is that he's taken up the job of popularizing science -- making sure it's something for which people see a need in their daily lives, and in ways that aren't just way-out-in-the-cosmos abstract.

The Minneapolis City Council voted 7-6 to give a total subsidy of $306 million to build a new stadium for the Vikings, but not everybody agrees it's the right thing to do. Many an argument will be made about how a stadium helps the local economy. But has anyone considered that this project -- which obligates the city, apparently, to subsidize the project through 2046 -- may outlast the popularity of football itself? A lot could happen in the next 34 years. They may so drastically change the rules of football in order to avoid concussions, for instance, that the game no longer appeals to people. Or tastes may simply change. Remember how baseball -- America's pastime -- was thought to have one foot already in the grave until the McGwire-Sosa home run era? It may sound like heresy, but the same thing could happen to football.

...is too goofy to be serious, but not funny enough to be satirical. It's like there were three people involved -- one who wanted to make a funny ad (hoping it would go viral), one who's a true believer in what the candidate is saying, and the candidate himself (who seems to be half off his rocker). It sounds as though he's a long-shot candidate anyway. Thank goodness. (Incidentally, one should avoid wearing hats with the name "Barth" in order to avoid an unfortunate 80s reference.)


But, right out of the gate, they're making big mistakes. The old CEO is out, and a Google transplant is in. And Google CEO Larry Page says "he's already off to great start with some very strong new hires for the Motorola team". Rule of thumb for businesses: If you like the way a company is working well enough to buy it, keep the management in place. Truly good managers are hard to find. On the other hand, if you don't like the management, why would you buy the company in the first place? For its physical assets? ■ Google is doing something that could very well turn out to be smart -- having vertical integration from the phone people use to access the Internet up through the services that they use while there. And Motorola has been making some good phones lately -- the Droid Razr Maxx is a really good smartphone. Really good. But this is a big gamble for Google -- $12.9 billion big -- and they're paying $64.3 million to get rid of the CEO they decided not to keep around. So, in essence, they're saying that the replacement CEO is worth $130 million to the company...the amount they're paying to get rid of the proven guy who's leaving Motorola Mobility, plus the amount they'll have to compensate the new guy (which has to be at least as much over the next few years as the value of the "golden parachute" they're giving the guy who's leaving. ■ It's decisions like these that should give Google shareholders heartburn and give the rest of us pause to consider whether Google can really remain a juggernaut in its second decade.

MIT researchers have developed it -- and it could improve delivery of vaccines to the developing world as well as reduce the risk of infections by contaminated needles.

Social Security numbers, addresses, grades, financial-aid information, even bank account details for some people. It's a big attack -- though it's unclear what information they were able to download, if any.

A family watched two tornadoes merge together on their farm before they decided to go to the basement, whereupon the tornado destroyed the house above them. It's possible we sometimes get a little too casual about tornadoes in the Midwest.

It's a subtropical storm (bringing about regular tropical-storm warnings), and it's moving to the southwest, which is an odd direction for a storm on the Atlantic coast to go

A unit based in Virginia will be working on ways to conduct surveillance on phone calls, Internet activity, voice-over-IP calls, and other communications



It could cause you to slip out of the tandem harness. Yikes.

It's a "self-stabilizing two-wheeler" with an electric powertrain and it has two doors and a steering wheel. It's not a car, nor a motorcycle. It stays upright using two high-RPM gyroscopes. But it looks just about as likely to get a driver killed in a wreck as a Smart Car.

They've been a major nuisance for Microsoft for a long time, so blocking them entirely would mean a lot of added certainty for their projections and operations

They got absorbed into HP, but then HP cancelled the enterprise. Now, rumors abound that some of them will move to Google. Officially, the ecosystem around it is now "sponsored by HP", but is supposed to become an open-source affair.