I am not going to list the numerous reasons that you should subscribe to the Lefsetz letter (see below) but you should. Its a no brainer if you are in the music industry or if you are fascinated by the industry in general, but here is the single most relevant reason why I subscribe. What element of a society is more reflective of a moment in time or culture--in an urgent and undeniable way? Music, hands down. Bob Lefsetz never disappoints with relevance to a variety of themes and industries. I am not sure if this is by design or if I just share a similar aesthetic but I do know that to be creative you have to leave your lane. Especially in medicine or healthcare. If there ever was an industry more in need of inside-out revolution it is medicine. But hold on, back to the brilliance of Lefsetz.
Nate Silver is no longer on the front page of the "New York Times," and therefore his insights have no traction. In other words, the bloviating press that loves a horse race is going on about the success of Donald Trump when the truth is contrary to the hubbub.
Let's assume we are all politically agnostic and are focused on data and data alone. Nate Silver's recent post, Donald Trump is the Nickleback of GOP Candidates is brilliant and you can clearly see similarities between any industry that has a loud and vocal minority that may not reflect the values of the majority. Nate likens Trump to the band Nickelback--"disliked by most people but with a few very passionate admirers".
Yesterday I was writing on deadline. Here is what works for me. A few cups of coffee, a nice long run, and classical music playing on the Bose radio in my office. Sadly, I heard that the NPR station would no longer be playing classical music during the day. Like many NPR stations the new format is primarily news and talk throughout the day. Don't get me wrong I enjoy the programming but while I am working I prefer the classical. It reminds me of the melting of the normal curve post from earlier this week. The outdated view of the normal curve where 95% of the normal curve lie within 2 standard deviations of the mean--trying to please the majority or the averages encourages a race to the bottom. Appeal to the averages and ignore your customers in the tails. Now as the normal curve "melts", more of the distribution includes the unique--apparently classical music lovers are at home in the tail.
My point about Lefsetz is apparent in the quote from his latest letter. I recently posted about becoming a punk analyst where I encourage readers to question everything. The emperor has no clothes or if you are an optimist--he/she is at least disrobing at a maddeing speed.
Headlines blushed with enthusiasm for arecent Tonight Show performance, "Last night Lauryn Hill blessed us with a performance on The Tonight Show. She sang her cover of Nina Simone’s “Feeling Good” and made us all painfully aware of our own inadequacies in the face of greatness"--Lauren Larson. .I do love Lauryn Hill's cover of "Feeling Good" but it isn't the one. This performance was revered and applauded and I am excited for Lauryn but I will just sit alone with my fellow "long tail" peers and defer to the beautiful soulfullness of Nina Simone.
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