Rants


The professor for one of my MBA classes assigned partial chapters from a book from McGraw Hill and the experience was absolutely horrid.   It then occurred to me that McGraw Hill has the same dimwitted executives that Kodak has and I can only imagine the discussions going on in the board room.

What happened at Kodak:

Smart Employee 1: “The world is passing us by as everyone switches to digital!”

Dimwitted executive: “By god, we’re a film company, always have been always will be!  Film will make a come back!”

What is happening at McGraw Hill now:

Smart employees: “The world loves Amazon and iPads, the new digital books are the future!”

Dimwitted executive: “By god, we’re a book publisher and we’re going to publish real paper books!  Hardcovers are making a come back!”

I can only thank god Steve Jobs created the iBook authoring tools, despite some of its flaws, it is the start of the first nail in the coffin of McGraw Hill.  The world is done with these idiots, their difficult idiotic platforms and copy protection scheme nonsense.”

So why I am so angry?  I’ve wasted hours trying to get a book I paid for to download after following a complicated process.  Geez, with Amazon, its ONE CLICK – hint hint idiot executives at MH.  I don’t need nor do I like your stupid virtual bookshelf!

 

I have been fed up with all the username/password combination for websites for quite some time.  I literally have hundreds of usernames and passwords but what’s now annoying me even more are the moronic security questions websites now make you use for self-service password reset.  Who was the idiot that came up with this idea?

Let me just give you a hint of some of the idiotic questions I have to answer:

What is your favorite destination?

Who is your favorite actor?

What is your favorite color?

What was your favorite vacation?

What city did you grow up in?

 

These questions are stupid on so many levels I don’t know where to begin.   I got caught up on an account I setup 5 years ago with the “who is your favorite actor” and I honestly couldn’t remember who my favorite actor was 5 freaking years ago.  Seriously, who has a favorite actor consistently for life?  Stalkers?  What about favorite vacation?  Well that changes for me year to year so how the hell am I supposed to constantly update this?  If I went to Hawaii in 2010 then Paris in 2011 then Thailand in 2012 and I’ve added 3 new accounts each year how I am supposed to constantly remember to update all my questions?

I also never answer these questions honestly because all websites tend to ask the same ones so if one web server is hacked then bingo some hacker has the answers to your questions.   Now if you have 100 usernames and passwords to remember, you now have 300 questions to have to remember questions to for and most probably don’t bother so what happens?   That’s right, we all end up calling the help desk and answer another set of stupid questions that everyone can easily find the answer to by looking up public records:  What is your social security number?  What is your birthdate?  What is your mother’s maiden name?   None of this wouldn’t be a problem if it weren’t for the fact that most systems force you to change your password every thirty days?  What the f##k for?  I’ve had the same password on Amazon for 10 years and I’ve never been hacked!

To everyone that owns a website and has a username/password & security questions to answer, the reason I don’t shop at your website is because I don’t want another username/password and set of questions.  It’s also yet another reason I primarily use Amazon for all my shopping even when I find something else cheaper on a website -I simply don’t want the hassle of another username/password/set of questions to answer.   I stick to amazon because they were the first username/password I setup and Amazon doesn’t hassle me every thirty days to change my passwords!

I really would like to know who the first moron was to come up with this scheme because everyone has now copied him/her and I really wish I could slap the hell out of them!

If the American recovery is to recover then retailers and manufacturers need to focus more on innovation.   I got Walmart’s (not that I would ever shop there)  Black Friday Ad in the mail yesterday and it helped confirm my suspicions about part of the problem with the U.S. economy.

The cover page shows a couple of flat panel TVs, Kindle and a laptop.  Pages 2 and 3 continue with more TVs and BluRay players and home theater sound system.  Pages 4 and 5 are more electronic gadgets (cell phones, digital cameras and portable dvd  players).  Pages 6 and 7 are laptops, printers, and more TVs. Pages 8 and 9 have video games.  Pages 10 and 11 have dvds and bicycles.  Pages 12 thru 15 are toys for kids.   The latter pages are for sheets, vacuums, chairs and kitchen stuff.   Finally we come to tools and sports stuff and holiday decorations.

On the surface it looks like there are many great items for sale but if you think about the average middle class family, most probably already have most of this stuff.   How many TV’s do manufacturers and retailers expect Americans to consume?   The same goes for the other items such as digital cameras.   Cell phones have cameras, iPads have cameras and I already own a digital SLR and three (yes 3) portable digital cameras.    Computers and printers?  I have 6 computers and 2 laser printers.  The kids have a Wii and Xbox 360 and gave away our PS2 because there’s only so many video games that can be played in any given day!

Where is the innovation?  Where is the new cool item I should go out and buy?    The kids don’t even know what to ask for Christmas this year because they have everything!  They are literally clueless as to what they should ask for since there is nothing appealing out there for them.

Ironically, I may go super low tech and super cheap and just get my kids trivial stuff like iPhone covers for their new iphones which they seem to love.

No doubt, next year the Black Friday’s ads will show the same array of stuff to buy and I’ll wonder the same thing next year.    If you’re listening out there, please give me something unique, something special, something different.   Oh Steve Jobs why did you have to die!

While it may be coincidental that the post office will be broke by the end of the year, my mail service has gone horribly wrong these past few weeks.  I keep getting my neighbors mail and packages are disappearing no doubt in other people’s mailboxes.

The post office is one of those places I despise greatly in large part because of the slow lazy pace at which the workers move in comparison to anything else on the planet.

I went back to look about the last major rant I had with the Post Office and found this gem from 2009.

I’ve spent the last two weeks on a business trip and I continue to experience the same horrible experience on Continental/United. I’m flying through areas where this is the airline that offers the most flight options between the cities I’m flying and I often have to change my itinerary the last minute so it has been the only reason I’m flying this airline but here are some recent observations:

1. I got bumped up to biz class and while we were waiting to board the plane, I was talking with a coworker as to why I went and grabbed a burger right before we board when a lady came up and started talking with us. I told my co-worker that the last time I got upgraded, I was expecting a hot meal but got a slice of turkey and crackers – in business class! I was hungry and didn’t want to be on a 3 hr flight out of L.A. with another slice of turkey. The lady waiting in biz class to board the plane agreed and said she has been horribly disappointed with Continental/United ever since the merger.
2. Flash forward 45 minutes later and the flight attendant asks what I’d like to drink. I usually only drink white or red wine so I asked what was available. She responds with, “we only have red wine, someone messed up and we’re out of inventory everywhere of white wine.” I’m not sure if this was yet another computer glitch or some penny pinching move to cut wine inventory but once again, it illustrates the horrible level of incompetence to provide some basic services on a long flight. My own personal theory is that flying this airline has become so horrible that vast amounts of alcohol are needed to get through the experience and the “glitch” was underestimating how the customer would cope with the misery.
3. Okay so I’m stuck with red wine, no problem since at least I’m getting *some* wine and I can drown out my misery but then my choice of meal is between a shrimp salad or a chicken snack wrap. I chose the chicken snack wrap then what shows up on my table is what appears to be one of those horrible burritos you’ll find at a 7-11 gas station that you microwave and only eat after being left stranded for hours or after a late night party binge when everything else is closed. Later you end up vomiting it all out….another sign of deterioration: quality of food.
4. I finally arrive at the airport and head for the luggage bay and I wait…and wait…and wait… Curiously, a guy is announcing where the bags are for which flight as evidently every computer screen is directing people to the WRONG luggage pickup area. I’m waiting for 25 minutes until I finally give up and start walking around until I find my bag about 200 yards down another luggage bay. Out of courtesy to others, I walk back to the wrong bay where everyone from L.A. is still waiting for their luggage and yell out, “if you just arrived from L.A., your luggage is in bay 5 not bay 7!!! Or at least that’s where I found my bag!” A large mass of people leaves the bay and heads for 5 to try to find their bags.

Now someone will ask how this post pertains to anything related to personal finance and why I bother with these rants but it has everything to do with personal finance and personal living. On the first level, this airline’s value chain is disintegrating right before my eyes (food, service, experience) and that is a huge opportunity to make money by shorting this stock or buying puts. I’m still trying to find a good entry point but with the market volatility I’m waiting for a period of a bit of stability. This airline no longer cares about its customers. Elite users could once board the plane first but for $95, that opportunity is offered to everyone who’s willing to get a United Credit card. Essentially, that’s the value of being a loyal customer to the airlines, about $95 and for that fee they’ll treat you the same whether you fly 100 miles or 100,000. Yet another indicator of the deteriorating nature of the value chain!

On a second level and why I am so frustrated is that this airline is costing me money in the form of lost time that I will never get back. Air travel is already a horrid experience with wasted hours in long lines for worthless and pointless security checkpoints, long flight delays, lousy food, and long wait times for baggage. After 9/11, I gave up flying when going to a city that’s two to three hours away because the proposition is a no brainer: 1 hr drive to airport, 1 hr in security, 0.5 to 1 hr flight delay vs. getting in a car and driving straight to the location. Driving is cheaper, faster, and better!

The only good thing I have to say is about the pilots who all seem to take it in stride. I’ve heard plenty of flight attendants complain just about everything as I usually sit just a few feet away from where they’re making the coffee and perhaps it’s unfair if the pilots are doing the same behind a locked door but things just keeps getting worse.

The pain and anguish on the faces of passengers has become all too familiar for me this week as I’ve been on three United/Continental flights and been delayed three times; it’s sad but it presents an opportunity for profit.

The common theme to United’s problems seems to be computer glitches but dropping morale can’t be helping any.

I recently witnessed someone get downgraded from first to economy undoubtedly because of a computer glitch. I have also recently witnessed flight attendants helping themselves to first class. I can’t quite make out that one except to think that many will get laid off after the merger so why not splurge?

I am so confident that United is going to fail with this merger that I’m going to buy puts on the airline. With the recent market meltdown today, it’s probably not the best day to do it but January 2012 put options look juicy.

It is a real tragedy because I remember a few years ago, Continental won various JD Power awards and now they win the big turd award.

To top off the miserable experience, we have to sit through the smug dickhead face of Jeff Smisek telling us the great progress they’re making painting airplanes. Really Jeff? You are proud of your major accomplishment of painting airplanes? Well maybe your crack team can start on the computer systems next.

Jeff, you better stay in your ivory tower because if you show your face at any airport, I’m pretty sure you’re going t get slapped and maybe have your neck wrung Bart Simpson style. I’ll keep you posted on those UAL put options…

Well I just completed yet another semester of school and I have to say that nothing much has deviated from my previous observations of the MBA program which you can read about here, here and here.   I can honestly say why MBA programs target certain individuals though because by the time you get to senior management positions within a corporation, most of what is taught in an MBA program can be seen as pretty thin and useless however naive students that haven’t “made it” yet are under the impression that these skills will get them up the next rung on the ladder.

I’ve come to the conclusion that most of the professors at these universities use the students as mules to do heavy lifting of research, work and other activities then probably take credit for most of the work.   Truth be told, you can pretty much learn what you need to know by running your own business for a year or working for a small biz owner whereby you hold multiple positions.

Having stated all that, I have learned a few things that have been of benefit particularly in finance but they were things that I could have learned through other avenues just as well.     I’m beyond the half way point now so there’s no turning back, I NEED to keep going and finish up my dual MBA plan.

My hope for the future is getting to some serious meat on the bone as my classes advance toward the higher tiers but we’ll see what happens….

So I’ve had my first BAD experience with Apple and the iPad and perhaps I’m a bit premature but there obviously needs to be a better solution to any problem with apps.   I recently purchased an app and it won’t run on iPad 2 although the App Store CLEARLY states that it is iPad compatible.   Well I guess it *may* run on iPad 1 but it doesn’t run on iPad 2.  The app just crashed upon start up, I wrote the developer and he claims a release will be updated next week that fixes the problem….oh joy next week…the checks in the mail….etcetera…..etcetera.

I figured I could easily get a refund but that’s where Apple has let me down.   The policy seems to be “NO REFUNDS” which I find quite distasteful and not very helpful.   I can easily accept that policy if the app worked as advertised and I simply didn’t like the features or functionality but I can’t even get the app to run!

It’s become abundantly clear that Apple needs to IMPROVE their app policy, almost every major retailer in the real world offers up to 30 days return on almost all items.    I would be happy with a 24 hour no questions asked return policy on Apps.   Heck I’ll settle for two hours of try it before you buy it but this policy is totally insane!

I guess I could develop crap applications, sucker a few thousand people at a time to buy them at $0.99 and when Apple catches on, move over to a new “company” and develop another crap app and sucker a few thousand people….rinse and repeat and rake in tens of thousands a month!

The one word of advice is to READ THE REVIEWS and if it’s anything less than 5 stars BUYER BEWARE!

So I’m on a business trip working in my hotel room and I’m watching a show on TV called “Extreme Couponing” and they show person after person walking away from the grocery store with $1,200 of grocery items for $2.00 or less.

Interesting but how do they do it?  Well you won’t learn a damn thing from this useless show because they don’t show how exactly these people are doing it.   All you get is “clipping coupons from Sunday fliers” type information.

They also show people stocking up on 100 bottles of hand soap or mustard but seriously, do you really need this much soap or mustard?   I know ALL of my local grocery stores have limits on how much stuff you can buy especially with coupons so it’s not like I can walk in there with a coupon and get 100 bottles of soap for free either.

Ultimately, the show is a bit disingenuous as I tried to play the coupon game a couple of years ago when I was on “hiatus” from employment.  It didn’t work out because most of the coupons were for useless junk that I wouldn’t buy anyway even if it were free!

 

I have two stories to write about today and I’ll start with why Google/Android sucks!   I bought my son a VirginMobile Samsung Intercept phone for Christmas and for the last three months I’ve been trying to figure out how to get the damn Android Market to work and have not yet found a solution despite HOURS and HOURS of research.    Essentially, my son’s phone would constantly get one of two messages, “can’t establish a reliable data connection to the server” or “your username and password do not match” over and over  again.    I can log in to my son’s account using a laptop into gmail with no problem with the same username and password but it won’t work on the phone!   I’ve searched every google forum, samsung forum, and other places but no one has a solution.   The common “fix” is to hard reset the phone and I’ve done that three times to no avail.    I’ve just about given up but I understand there may be an upgrade coming out so that may fix the problem.    Here’s something funny though, one of the forums I read had this quote,

“Same problem here too. The only information I can find is to do the factory reset.  Verizon told me to call Motorola. Motorola told me to call Google.”

I’ve heard that same line before whenever I had a problem on a Dell/HP/Gateway/<insert manufacturer here> and Microsoft operating system whereby Microsoft would claim it was a manufacturer problem and the manufacturer would claim it’s a Microsoft problem.  I was considering possibly buying a Motorola Xoom or an Android based phone but quite honestly, I’m done with crap hardware/software which is why I converted to Apple a few years ago.   I left the Microsoft world, a world full of spyware, viruses, blue screens, bickering hardware manufactures and software manufacturers  and and other crap that made my life miserable.   Steve Jobs is absolutely right about the “experience” of technology and not just be worried about industrial functionality or cheap commodities so I ordered my iPad 2 today and expect to get it in a few weeks tax-free w/ free shipping.

I feel confident in saying that I’ll sync iPad 2 to my mac laptop flawlessly and have it up and running in under two minutes in contrast to the bloatware and problems with Microsoft and Google based crap.    In the end, time is money, and I can’t afford to waste countless hours debugging crap for Google or Microsoft so I’m abandoning these inept folks for greener pastures and better experiences.   Thank you Steve Jobs.

 

UPDATE:  After investing a couple of more hours in as a last salvo I read this thread:  http://www.tech-recipes.com/rx/5343/android-cant-establish-a-reliable-data-connection-to-the-server/   and added a youtube account, reverted back to trying a bunch of different things and suddenly the market place began to work.   I’m not really sure if adding a YouTube account worked or if something else finally clicked but it’s all working fine now.   I have to admit, there are some pretty neat apps on there but the hours of frustration and lack of clarity as to the solution still keeps me from ever buying an android phone.

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