Posts

The Financial Tightrope: A Drama in Three Acts (Part II)

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Characters: RACHEL: A young professional trying to navigate her finances DR. RATIO: A stern financial advisor, representing pure rationality UNCLE REASON: Rachel's laid-back uncle, representing reasonableness CHORUS: A group representing the market, society, and inner voices ACT I: The Crossroads [A dimly lit stage. RACHEL stands center, looking confused. On one side stands DR. RATIO, on the other, UNCLE REASON.] RACHEL: (to audience) I've saved up some money, and now I need to decide how to invest it. But I'm torn between two very different pieces of advice. DR. RATIO: (stepping forward, voice authoritative) The optimal strategy is clear. Based on your age and risk tolerance, you should leverage your investments two-to-one. The math is indisputable. UNCLE REASON: (chuckling) Now, now. Rachel, honey, don't let those numbers scare you. Why not start with something simple? A nice balance of stocks and bonds that lets you sleep at n...

The Dance of Dollars: Rationality vs. Reasonableness in Personal Finance (Part I)

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  In the grand ballroom of personal finance, two dancers vie for the spotlight: Lady Rationality and Sir Reasonableness. Their intricate dance, a push and pull of logic and emotion, shapes the way we manage our money and, ultimately, our lives. Lady Rationality moves with precision, her steps calculated and her posture perfect. She represents the world of academic finance, where complex models and mathematical formulas reign supreme. Her dance is a masterpiece of efficiency, each movement optimized for maximum return and minimum risk. Sir Reasonableness, on the other hand, moves with a more relaxed grace. His steps, while perhaps not as technically perfect, have a natural flow that seems to resonate with the audience. He embodies the human element of finance, where emotions, personal circumstances, and the ability to sleep soundly at night all play crucial roles. As the music begins, Lady Rationality takes center stage. She dazzles the crowd with her intricate footwork, demon...

The Dangers of Never Having Enough

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The Power of 'Enough': Lessons from John Bogle and Wall Street In the pursuit of wealth and success, we often lose sight of a simple yet profound concept: enough . This idea, eloquently captured by Vanguard founder John Bogle, serves as a powerful reminder in our increasingly materialistic world. The Story of 'Enough' Bogle recounts a conversation between Kurt Vonnegut and Joseph Heller at a billionaire's party: At a party given by a billionaire on Shelter Island, Kurt Vonnegut informs his pal, Joseph Heller, that their host, a hedge fund manager, had made more money in a single day than Heller had earned from his wildly popular novel Catch-22 over its whole history. Heller responds, "Yes, but I have something he will never have ... enough." This anecdote perfectly encapsulates the essence of our discussion. In a world where the pursuit of more seems endless, the concept of 'enough' stands as a beacon of wisdom and contentment. To illustrate the ...

TechEd season is back !!!

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Today on SDN I saw the blog from Craing Cmehils - I'll Be There Banners for SAP TechEd 2009! I never got the chance to attend any Teched. I wish I will be there this time. Hoping this I am putting some TechEd 2009 banner on my blog...surely not for points..:)

What is SAP NetWeaver?

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Look at SAP NetWeaver through component-oriented sort of mid set. In SAP NetWeaver you will find following integration components. SAP Enterprise portal (SAP EP) SAP Mobile Infrastructure (SAP MI) SAP Business Intelligence (SAP BI) SAP Master Data Management (SAP MDM) SAP Exchange Infrastructure (SAP XI / SAP PI) SAP Web Application Server (SAP WAS or SAP Web AS) Development and Management Tools are SAP NetWeaver Developer Studio SAP Visual Composer SAP Composite Application Framework SAP Solution Manager SAP Enterprise Portal Helps create software that brings together all the data and software tools that a person needs to do her job in one consistent user interface. As one of the building blocks of SAP NetWeaver, SAP Enterprise Portal 6.0 on Web AS 6.40 provides key capabilities such as Portal Infrastructure, Knowledge Management and Collaboration, all based on open technology and standards, which make SAP NetWeaver a powerful integration and application platform. SAP EP Integration ...

BSP

Business Server Pages There is a very good documentation about BSP on SDN side.First is the BSP area where you will find all the links related to BSP.Hey what more you want https://www.sdn.sap.com/irj/sdn/abap?rid=/webcontent/uuid/74b23fef-0b01-0010-868a-e99de4e6d03c ...ya I wants the blogs..so you will also find lots of blogs on BSP here https://www.sdn.sap.com/irj/sdn/weblogs?blog=/weblogs/topic/24 not to forget SAP Help http://help.sap.com/saphelp_nw04/helpdata/en/e6/e23fd8c47e11d4ad320000e83539c3/frameset.htm I think this is more than enough but I am wrong I found a very good book on BSP on eSnips.com http://www.esnips.com/doc/379532ff-c08d-4f3c-9903-0cd851c53b1a/BSP-Training ......lots more to come

OSA

Objective Setting & Appraisals So here I am writing my first post on OSA.I have got the assignment on OSA.My first question is What is OSA?.so I have started searching over SDN and found losts of useful information.Keeping this in mind that this information can be useful to other I have decided to write the blog. MbO(Management by objectives) is what the SAP application OSA (Objective Setting & Appraisals) is also called. It is delivered for the first time with 4/7, extention set 1.10 and currently the ERP2005 development for this component is finished.It is not specificly an MSS/ESS scenario. It will also run in R/3, stand-alone in the intranet or included in your portal outside of MSS/ESS.Component is PA-PD-PM. General help documentation can be found on the SAP help portal Important Blogs I found very good blog series from Maurice Hagen Objective Setting & Appraisals: Document datamodel Objective Setting & Appraisals: The Web Environment Objective Setting & App...