Wednesday, December 01, 2010

Disappearing Jobs, Fiancial Advice and King James

Want to know if your job is being eliminated? Well, the first place to look is to see if the industry you work in is disappearing. To help with that, Yahoo! Finance and CBS Money Watch have put together a list of high-paying jobs that are disappearing (H/T Wendy). Let's just say that if you were planning to work in sports journalism, you may want to rethink that decision.

Want to know why you can't treat your employees better than their manager? Well, look at the situation going on in Miami with the Heat, their star player, LeBron James, and their head coach, Erik Spoelstra as told by Adrian Wojnarowski of Yahoo! Sports. This one passage should make most managers and Human Resources professionals cringe: "The fundamental problem for Spoelstra isn’t that James doesn’t respect coaches – he doesn’t respect people. Give LeBron this, though: He’s learned to live one way with the television light on, and another with it off. He treats everyone like a servant, because that’s what the system taught him as a teenage prodigy. To James, the coach isn’t there to mold him into the team dynamic. He’s there to serve him." Eek.

Most people don't want to invest their own pensions, 401(K)s or IRAs, but if you do, there may be a book by two former Wall Street honchos you may want to pick up. As told by the New York Times: "when Mr. Murray, a former bond salesman for Goldman Sachs who rose to the managing director level at both Lehman Brothers and Credit Suisse First Boston, decided to cease all treatment five months ago for his glioblastoma, a type of brain cancer, his first impulse was not to mourn what he couldn’t do anymore or to buy an island or to move to Paris. Instead, he hunkered down in his tiny home office here and channeled whatever remaining energy he could muster into a slim paperback. It’s called “The Investment Answer,” and he wrote it with his friend and financial adviser Daniel Goldie to explain investing in a handful of simple steps."

Happy Hanukkah to fall my fellow Jews out there. May your nights be full of light and your bellies be full of oily foods. Even without the presents, it's probably my favorite holiday.

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