Lemonade Stand

Many American children are encouraged at a young age to earn pocket money by selling a product or service. The lemonade stand is a metaphor for getting out there and selling something, whether it be used toys, books, or helping older people with their shopping. Sales is believed to be a skill which is always in demand regardless of the state of an economy.

KISS

The acronym for “keep it simple, stupid” is attributed to Kelly Johnson, an engineer at the U.S. weapons company Lockheed. Although there are several other variations, the principle states that systems work best if they are kept simple.

Complexity should be avoided. Johnson had given a team of design engineers a set of tools, then challenged them to design a jet aircraft which can be repaired by an average mechanic under war conditions with these tools only.

There is nothing original about KISS, however. See the statement attributed to William of Ockham that “among competing hypotheses, the one that makes the fewest assumptions should be selected”; to Leonardo da Vinci that “simplicity is the ultimate sophistication”; to Mies van der Rohe that “less is more”; and to Antoine de Saint Exupéry “It seems that perfection is reached not when there is nothing left to add, but when there is nothing left to take away“.

Business Schools

American business schools offer degrees in business administration. The focus is primarily on analyzing quantifiable factors. The predominant subjects are finance, accounting, statistics. The methods are data-driven, structured and rigorous. The goal is to be as scientific as possible.

As of 2012 there were 662 business schools in the United States. Out of 436 schools reporting, over 168,000 students were enrolled in Master’s in Business Administration (MBA) programs in 2012 alone. From 2008-2009, 347,985 Bachelor’s degrees, 168,375 Master’s Degrees and 2,123 Ph.D.s were conferred in Business and Management. Many Americans believe in the the discipline of business administration.

Future

When the search term future is keyed in on Amazon.com, 134,329 search results are generated. Some titles found from the search include the following: Future Perfect: The Case for Progress in a Networked Age by Steven Johnson, Physics of the Future: How Science Will Shape Human Destiny and Our Daily Lives by the Year 2100 by Michio Kaku, The Price of Inequality: How Today’s Divided Society Endangers Our Future by Joseph E. Stiglitz, and The $100 Startup: Reinvent the Way You Make a Living, Do What You Love, and Create a New Future by Chris Guillebeau.

A Love-Hate Relationship

Americans have a love-hate relationship with theory. On the one side the U.S. has many world-renowned institutions of science and higher learning. Americans are proud of the great scientists and thinkers the country has produced.

On the other hand Americans are skeptical of theory, which for them is almost by definition a separation from reality, from experience. The more education a person has, the fear is, the more detached, impractical, and inexperienced they are.

The “ivory tower” is a figure of speech that describes a state of privileged seclusion from the facts and practicalities of the real world. Some intellectuals are often perceived to be living in an “ivory tower,” detached from real world experiences.

Richard P. Feynman

Richard Feynman was an American physicist who is best known for his work on QED (quantum electrodynamics, and a pun on the Latin phrase ‘quod erat demonstrandum’). He also developed the now-standard Feynman diagrams and won the Nobel Prize in Physics in 1965.

Feynman was a strong advocate for simplicity and explaining things so that the average person could understand them. He believed that anyone who understood something should be able to explain it to a layperson.

In fact, he believed this so vehemently that once, when he was asked to explain why spin one-half particles obey Fermi Dirac statistics, Feynman initially said that he would prepare a freshman lecture on the subject.

Later he admitted “You know, I couldn’t do it. I couldn’t reduce it to the freshman level. That means we really don’t understand it.” It’s also believed that Feynman said “If you can’t explain it to a six year old, you don’t really understand it.”

Bill Clinton. Aretha Franklin.

From Merriam-Webster: a usually short narrative of an interesting, amusing, or biographical incident. Synonyms: story, tale.

The artful placement of an anecdote is key to being persuasive in the American culture. Stories are convincing. They speak to our experience. Storytelling. Great leaders in business, politics, culture know how to speak to the imagination of their audience. Listen to former President Bill Clinton speak at the funeral service for Aretha Franklin:

“Super common with this breed”

The vet should have stopped after she got the dog-owner to accept the first three. Here are some funny comments:

“for anyone who thinks that eye removal joke is an exaggeration my mom’s yorkie almost had her eyes removed by the vet after years of treatment when another vet cured them easily with some drops and a cream”

“Sounds surprising similar to the last time I took my car in to the mechanic for a “general check-up.”

“When my dog started to have trouble walking the vet touched his belly for like one minute and told me he only has 3 months to live. Charged me $80 for it. He did die 3 months later tho so thanks for the heads up”

Searing

Searing: Very hot; marked by extreme intensity, harshness, or emotional power.

The United States is an immigrant country. More accurately stated: a younger, more recent immigrant country. For the history of mankind is the history of man moving, settling, then picking up and moving again.

There were and are reasons for why people moved and continue to move to the United States. Many seek greater freedom of thought, of religion, of way of life. Economic opportunity was/is certainly a motivation for many, if not most. And there are those who wanted to break out of the inflexible structures of their native country.

The immigrant experience is searing. It is of great emotional intensity, forming who we are as individuals, families, ethnic communities, and as a nation. The stories, the emotions, the choices made are passed down from generation to generation.

Oddly, but understandably, an American of German descent will say: “I’m German,” meaning, “My ethnic heritage is German,” in a deeper sense, “My national cultural hard-wiring is American and German,” just as it is for others: American and Italian, American and Irish, and Vietnamese, and Mexican, and Polish, and so on.

A searing experience. People left behind all that they knew. Language, culture, traditions, friends and relatives. The risks were both high and not entirely known. The immigrant experience leads to a complex relationship with what was once home. For people take their culture with them. National culture changes only slowly and painfully.

Immigrants admire, respect, long for their home. But they also leave it behind, in some ways they reject it. Americans have always seen America as the New World. Not just a new settlement, a new country. But a new world, as if mankind were starting afresh, anew. It is a part of the American self-understanding to believe that you can strike out on a new path, question old ways, methods, traditions.

Realistic for Americans means that the present is a starting point to the future, a new starting point towards a new future, possibly different and better than the past. Yes, the present is the result of the past, but not locked into a pre-determined, unalterable trajectory. The past, therefore, has less relevance. There is less need to explain how the present was arrived at.

Whereas for Germans realistic means “keeping your feet on the ground,” maintaining a sober view of the situation, not deviating too much from known ways; “knowing where you come from.” For Americans realistic means developing a vision, imagining new possibilities, stretching beyond, reaching for more and greater things.

“… an idiot could lead”

“I’m looking for companies which an idiot could lead.” Warren Buffett. May 2015.

Buffett is an American investor, businessman and philanthropist. With an estimated $72.7 billion he is estimated to be the third-wealthiest person in the world. 

The majority of that wealth is in Berkshire-Hathaway, the  investment firm he founded and leads. Stocks in Berkshire are the most expensive in the world.

His formula for successful investing: He looks to buy stocks in companies that are so successful that an idiot could run them. For sooner or later one will. Buffett has a few basic rules. One is investing in companies whose business model is immediately and intuitively understood.

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