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Monthly Archives: Dec 2014

Big Data Predictions for 2015 羊

30 Tue Dec 2014

Posted by Martyn Jones in Big Data

≈ 4 Comments

Tags

Analytics, Big Data


I Martyn Richard Jones

I have looked into the immediate twelve-month future of Big Data, and the immediate future looked back and said, “Be more goat”.

Continue reading →

How to Avoid Toxic Advice – Revised 2026

27 Sat Dec 2014

Posted by Martyn Jones in Consider this

≈ Leave a comment

Tags

Toxic advice


ToxicBanner

In the modern world if you question the lack of ethics, absence of morality or the scarcity of good sense of something, some claim, some recommendation or some piece of advice, especially if confronts or compromises the status quo, the wilfully ignorant and content and the obtuse conformists, then more often than not you will be labelled as a negative person, a mischief maker and a member of the awkward squad. Continue reading →

7 New Big Data Roles for 2015

27 Sat Dec 2014

Posted by Martyn Jones in Big Data, Consider this

≈ 5 Comments

Tags

art, Big Data, News, responsibilities, roles, social media, sports, technology


Martyn Richard Jones

This article is in English.

Plus ça change, plus c’est la même chose.

Jean-Baptiste Alphonse Karr

To Begin at the Beginning

I have been involved in an in-depth study of the changing face of IT. This includes data architecture and data management. I spent all afternoon, as a matter of fact, examining the challenges that the profession faces.

In particular, I have focused on emerging and evolving roles and responsibilities. I have examined their significance and synergies. Additionally, I considered their collaborative potential in a future marked by high-speed, volatile, and unpredictable conditions.

Continue reading →

Consider this: Data Made Simple

25 Thu Dec 2014

Posted by Martyn Jones in Big Data, Business Intelligence, Consider this, Data Warehousing

≈ 8 Comments

Tags

data


BannerDMS

Martyn Richard Jones

I have worked in data architecture and management for three decades, I have become a recognised expert in my field, and as a result I have become almost oblivious to the fads, fancies and fashions that pass through IT. However, being an expert in a field also means that from time to time we are oblivious to the difficulties that some people may have when trying to understand issues and concepts that we simply take for granted – because, one simply knows. This is the case with data.

Continue reading →

Books with influence: Dialectic of Enlightenment

25 Thu Dec 2014

Posted by Martyn Jones in Books with influence, Creativity

≈ Leave a comment


Dialectic of Enlightenment is undoubtedly the most influential publication of the Frankfurt School of Critical Theory. Written during the Second World War and circulated privately, it appeared in a printed edition in Amsterdam in 1947. “What we had set out to do,” the authors write in the Preface, “was nothing less than to explain why humanity, instead of entering a truly human state, is sinking into a new kind of barbarism.”

From the 2007 Edition.

Continue reading →

Big Data is Dead!

20 Sat Dec 2014

Posted by Martyn Jones in Big Data, Data governance, Data Warehousing

≈ 6 Comments

Tags

Analytics, Big Data, Data Warehouse


BDID6

Martyn Richard Jones

Alas, poor Yorick! I knew him, Horatio; a fellow of infinite jest, of most excellent fancy; he hath borne me on his back a thousand times; and now, how abhorred in my imagination it is!

From the play Hamlet by William Shakespeare

Big Data is dead! Long live Information Management. Continue reading →

The Sources of Truth: Rarely Pure, Never Simple – 2026 Mix

19 Fri Dec 2014

Posted by Martyn Jones in Data Warehouse, Data Warehousing, EDW

≈ Leave a comment

Tags

Data Warehouse, single source of truth


Martyn Richard Jones

Remastered for 2026

Here We Go With the Truth

1.       To begin at the beginning

“A thing is not necessarily true because a man dies for it.”

Oscar Wilde

For well over two decades one of the most talked about benefits of Enterprise Data Warehousing (EDW) has been that it gives us a single source of business truth. Continue reading →

Consider this: Anti-Intellectualism

16 Tue Dec 2014

Posted by Martyn Jones in Consider this

≈ Leave a comment

Tags

awareness


Martyn Richard Jones

Remastered for 2026

Too Clever for your Own Good


82804a
Even before the Duke of Gloucester had berated Edward Gibbon for his “thick, square book”, the encouragement of ignorance was already a powerful force in the English-speaking world.

descargaIn a young USA, both Thomas Jefferson and John Quincy Adams were accused of being unsuitable for political office due to their intellectual pursuits.

220px-Richard_HofstadterMuch later, Richard Hofstadter, in a classic study of the plight of intellectualism in the USA, noted that “It seemed to be the goal of the common man in America to build a society that would show how much could be done without literature and learning–or rather, a society whose literature and learning would be largely limited to such elementary things as the common man could grasp and use”.

Andrew_Jackson_Daguerrotype

Indeed, the widely popularised and populist Andrew Jackson, seventh President of the United States, delighted his followers with witty observations of the type “It’s a damn poor mind that can only think of one way to spell a word”.

France-marianneIn France, Sarkozy’s “Cultivated Anti-Intellectualism” used to be something of an embarrassment, given that the Gaullist right were never “quintessentially vulgar” or anti-intellectual. That was in sharp contrast to the situation in other G8 countries, where “bread and circuses” are served up as a daily substitute for political engagement.

121025_apple_corps_logo

Indeed, if people consider that a bit of rad chit-chat on the old iDog ‘n’ Bone is a form of political engagement, then where are we?

22_univac_94001Which leads me to Isaac Asimov, as dead as he is, who thought there was a “false notion that democracy meant that ‘my ignorance is just as good as your knowledge'”.

cool_britannia

Meanwhile, in the UK, a former Education Secretary told an audience, including “gifted and talented” children, that academic success is to be celebrated as much as sporting achievement, adding “being clever is sometimes seen as a term of abuse, for example: ‘Too clever for your own good’.”

Unfortunately, this was the very same person who was also the cabinet colleague of a man who blamed the French for the Iraq War, because, according to this particular ‘brain box’, they had caused the war, because they voted against it.

mark-steel-09It didn’t stop there, because the justification for using the “blame the French” ruse was so mangled and indecipherable that comedian Mark Steel was led to remark that “the Government would have done better to have their policy explained by Po of Teletubbies”.

Anti-intellectualism extends to the political blogosphere, where the established principle seems to be that the way to attack the opposition is not to address it, because that would involve reading, comprehension, and joined-up writing. But, conversely, to mock, ridicule, trivialise, deny, invent, deflect, and misrepresent is an acceptable opening gambit, which, when all else fails, can be replaced by attack using blunt adjectives and deceitful indignation.

images (1)Of course, there is nothing new in that. Stewart Lee is on record as saying, “You can prove anything with facts, can’t you?” Since when can an argument not be sustained by reason or evidence, then gut instinct and prejudice become your friends?

It seems that offering a reasoned, well-placed opinion is actually a transgression. Something that decent chaps just don’t do. As if political life were a football match between right and wrong.

The keeper in the red, effortlessly blocks a weak shot, boots the ball right up the field to his mate cruising in the opposition’s penalty area, who, like Gareth Bale, sends the ball crashing into the back of the opponent’s net.

Of course, when things don’t go to plan, Team Right, in the blue strip for those watching in black and white, surround the man in black with appeals to reason.

images“Eh, Referee! The other lot are cheating again. That argument was well offside”.

This cultivated anti-intellectualism is not confined to politics.

Image10

Just look at the manufactured hype and faddishness surrounding Big Data, and the wilful ignorance of those who genuinely want to believe.

Anti-Intellectualism is not clever or funny, and ultimately it is divisive and destructive.

Thanks for reading.


File under: Good Strat, Good Strategy, Martyn Richard Jones, Martyn Jones, Cambriano Energy, Iniciativa Consulting, Iniciativa para Data Warehouse, Tiki Taka Pro

BERNIE AND THE SLICKEST HEDGE FUND IN THE WEST

16 Tue Dec 2014

Posted by Martyn Jones in Banking, Risk

≈ Leave a comment

Tags

Investments, Poetry


bernie

Martyn Richard Jones

 Apologies to the late Benny Hill

 You could hear the dollar fall, then it crashed upon the ground

And the chatter from the White House as they spun, around and ’round

And he glided into Wall Street, his scam beneath his vest

His name was Bernie, and he sold the slickest secrets in the west

 

Now Bernie loved his Lipstick, a place where mom’s the word

He worked alone on Third Avenue, at 53rd at Third

They said that he was just da’bom[1]; they were greedy, vain and chic

But Bernie got his kickbacks[2] there, five days in every week

 

They called him Bernie, Bernieeeeeeeeeee!

And he finessed the slickest Hedge Fund in the west

 

She said she’d like to work in funds, he said, “All right, braveheart”

And when he’d finished fiddling, he loaded up his chart

He said, “D’you want to leverage? ‘Cause leverage is best”

She says, “Bernie, I’ll be happy if there’s money left to invest”

 

That tickled old Bernie, Bernieeeeeeeeeee!

As he pimped the slickest Hedge Fund in the west.

 

Now Bernie had a rival, a governmental man

Called quickstep Chris from Harvard Yard[3], and he drove S.E.C.’s[4] van.

He tempted her with his oversight, regulator’s feet of lead

And when she seen the size of his compliant eyes, Lipstick trader placed a spread[5]

 

She almost sold on his insider tips and he said, “If you put me right,

You’ll have issues every morning, dividends every night.”

He knew once she sampled his laissez faire, he’d have his hedging way,

And all Bernie had to offer was a NASDAQ loss a day.

 

Poor Bernie, Bernieeeeeeeeeee…

And he rode the slickest Hedge Fund in the west.

 

One bell time Chris copped Bernie, doing deals outside her floor,

It drove him mad to find them trading even after half past four.

And as he jumped up from his chair, hot issues through his veins did course,

And he went across to Bernie’s trades and didn’t half kick his Bourse[6].

 

[Of course, it was his horse]

 

Whose name was Ponzi, Ponziiii…

And he schlepped the slickest Hedge Fund in the west.

 

Now Bernie rushed out onto Wall Street, prospectus in his hand,

He said, “you wanna subscribe to Lipstick you’ll pay for her like a man.”

“Oh why don’t we place bets for her?” he derisively replied,

“And just to make it interesting we’ll do some shorting on the side.”

 

Now Bernie dragged him up from F Street and beneath the Times Square clock,

They stood there face to face, and Chris went for his stock.

But Bernie was too quick, things didn’t go the way Chris planned,

An unexpected corporate-action sent it spinning from his hand.

 

Then Lipstick rigged a Chinese Wall to keep them both onside

But Bernie, made a haircut deal and subprime caught him underneath his pride.

And as he looked up at BASEL II, an OFAC hardened trust

Of a next day trade, caught him in the PEP, and Bernie got ‘da bust’[7].

 

Poor Bernie, Bernieeeeeeeeeee…

And he blagged the slickest Hedge Fund in the west.

 

Bernie was only just 60, he didn’t wanna lie

But now he’s stopped making deliveries to that Hedge Fund in the sky.

Where the investors are quite stupid, and regulation banned,

And the trader’s life is full of dosh, in that alternative land.

 

Yet Lipstock’s needs are manifold, and soon she collared Chris

Strange things happened on their redemption day, as they talked a ‘loada pish’[8]

A KYC oversight? Or old secrets out the gate?

Ole Bernie’s market making? A rattled exchange rate?

 

They won’t forget Bernie, Bernieeeeeeeeee…

As he ‘vanished’ the slickest Hedge Fund in the west.

[1] Quite jolly good.

[2] A return of a part of a sum received often because of confidential agreement or coercion.

[3] Harvard Yard, in Cambridge, Massachusetts, is a grassy area of 22.4 acres enclosed by fences with twenty-seven gates. It is the oldest part of the Harvard University campus, its historic centre, and its modern crossroads.

[4] Securities And Exchange Commission

[5] An options position established by purchasing one option and selling another option of the same class but of a different series.

[6] A market organized for the purpose of buying and selling securities, commodities, options and other investments.

[7] Revealed

[8] Not of a superior quality


File under: Good Strat, Good Strategy, Martyn Richard Jones, Martyn Jones, Cambriano Energy, Iniciativa Consulting, Iniciativa para Data Warehouse, Tiki Taka Pro

Consider this: can we avoid destructive eagerness?

15 Mon Dec 2014

Posted by Martyn Jones in Consider this

≈ 10 Comments

Tags

Consider this


For their feet run to evil, and make haste to shed blood.

Proverbs 1:16

Fools rush in where angels fear to tread.

Alexander Pope, An Essay on Criticism

Martyn Richard Jones

Remaster for 2026. A Coruña, Galicia, Spain.

I’m not a psychologist, and people who read my blog will know this for sure. But I would like to examine the notion of wanting something so much that, at best, we don’t enjoy it when we obtain it, or worst still, that our eagerness means that we will never get that which we truly want. Continue reading →

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