August 2015

August 2015

Pondering’s next. It was a good old word, “ruminate,” meaning to think deeply. You could imagine Samuel Johnson or Oliver Wendell Holmes just sitting there ruminating. (Unless you’re a cow. Then it means chewing your cud.) Now organized psychology has absconded with the word. Psychologists use “rumination” to describe a run-up to worry, anxiety, depression, and madness. Sad, if you really think about it.

Good news from Down Under. Discovered in 1845, the Australian Night Parrot obliged ornithologists by pretty much disappearing for the next 170 years. This month, one of the little rascals (maybe the only one; who can say) was identified, captured, and tagged in Queensland. You didn’t ask, but it’s important for you to know the long-missing species is one of 29 ground-dwelling varieties of bird that include turkeys, penguins, and emus. Now, where do you suppose they put that Dodo?

You are now free to move about the cabin. Take your time. Why would anybody fly 8,590 miles from Dubai to Panama City (the one in Panama, not the Redneck Riviera) Well, for one thing, it’s going to be the world’s longest flight (17 hours) beginning in February. To justify the $2,500 USD fare on Emirates Air with the boys in Finance: the new, improved, Chinese-financed Panama Canal, which is set to start pulling in vast numbers of the world’s largest oceangoing vessels a few months later.

The coddling of the American mind. Now appearing on college campuses: “free speech zones.” But don’t let us catch you doing it anywhere else around here.

“The tournament.” You hire the best and brightest coming out of top law schools, and then you subject them to grueling 90-hour weeks and unrelenting competition from people who are supposed to be their teammates and friends. Survivors rise and prosper, financially at least; the bottom 90 percent are sent packing. It started in 1945 at Cravath Swain in New York and grew to dominate big (and some not so big) law firms around the country. Lately it has arisen in Silicon Valley. Now, second thoughts are emerging from prematurely aging millennials, and Amazon is being soundly trounced in the media.

Classic quote to note: “I thoroughly disapprove of duels. If a man should challenge me, I would take him kindly and forgivingly by the hand and lead him to a quiet place and kill him.”
– Mark Twain

And a somewhat newer one: “Getting a college degree cannot make one smarter, just harder to fool.” – Paul M. Thomson, Edmond, Oklahoma.

Thanks for reading,
@LedlieGroup on Twitter

The Ledlie Group has begun work with a leading non-profit in the Southeast and an annual seasonal project in financial services that began 15 years ago.

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