Wednesday, November 27, 2019

The Usual Santas: A Collection of Soho Crime Christmas Capers

Book: The Usual Santas: A Collection of Soho Crime Christmas Capers
Basic Information : Synopsis  : Expectations : Thoughts : Evaluation : Book Group : New Words : Good Quotes : Table of Contents : References

Basic Information:
Author: Anthology
Edition: ePub on Overdrive from the San Francisco Public Library
Publisher: Soho Crime
ISBN: 161695776X (ISBN13: 9781616957766)
Start Date: November 18, 2019
Read Date: November 27, 2019
356 pages
Genre: Fiction, Short Stories, Mystery
Language Warning: Low to Medium
Rated Overall: 2 out of 5


Fiction-Tells a good story: 2 out of 5


Synopsis (Caution: Spoiler Alert-Jump to Thoughts):
This is a collection of short stories written by several authors. The theme is crime at Christmas time.



Expectations:
  • Recommendation: Laura through my book group
  • When: September 2019
  • Date Became Aware of Book: September 2019
  • How come do I want to read this book: My book group’s pick for a December read
  • What do I think I will get out of it? Fun mystery stories


Thoughts:
A significant number of the short stories are not worth reading. Those which are worth reading, I am marking with an asterisk (*).


Joy to the world: Various acts of kindness at Christmas.
An elderly lady seeks peace at Christmastime by Helene Tursten
An elderly lady seeks to rectify a situation in an apartment above hers, but definitely not through very ethical means.

*The usual Santas by Mick Herron
Eight Santas work at a super mall in England. But at the end of season party, nine identical Santas show up. The next morning, several shops have been robbed.


A bit satirical on the holidays being a retail experience. Also talks about how everything is validated by merchandise profiling.


*PX Christmas by Martin Limon
A couple of investigators in South Korea after the Vietnam war, end up befriending the husband of a Korean wife who was arrested for blackmarketiering. To make money to support her family, she starts to work at a mobster night club and gets trapped. The investigators form a plan to escape her out of that life and free her family.

Chalee's Nativity by Timothy Hallinan
An orphan child discovers meaning by drawing. But then discovers that drawing is not a end to itself, but a means to give joy to others.

What should something be pictured as? Photographed as? Something which is “realistic” or something which is representative?


*The Cuban Marquise's jewels by Teresa Dovalpage
Interesting. A short story told in seven parts A PI is commissioned to retrieve family heirlooms (jewels) from her former house. But the PI starts to think that things do not add up. The author does a good job of developing the story.

A mother's curse by Mette Ivie Harrison
A Mormon family is getting ready for their son’s mission trip. But the thief is a respectable person in the Mormon community who is too proud to receive from the church. The son who is going on mission finds a way to provide charity without it being charity. The curse? That will not be given away, but it is anti-climatic.


Silent night: The darkest of holiday noir.
There's only one Father Christmas, right? by Colin Cotterill
Takes place in Thailand, A robber pretends to be Father Christmas and makes a bold get away, pinning the robbery on a store Father Christmas. But his motives are altruistic. In the end, he does not succeed. The ending is a bit of a let down.

Martin by Ed Lin
A game of Trust or Dare leads into confession of murder and self introspection.

Queen of the hill by Stuart Neville
Think Kill Bill meets Christmas. That is the type of short story this is. May be OK if you are into blood and gore.

Blue memories start calling by Tod Goldberg
An old sheriff meets a gruesome kill and learns compassion. He then realizes truth is sacrificed and quits his job. When do we get used to the gruel some? The unsightly? Evil? The answer is we should never. On the other hand, some people’s jobs deal with that day in and day out.

Bo Sau (Vengeance) by Henry Chang
A cousin works out his vengeance on a hit man.

*Red Christmas by James R. Benn
A former prisoner of war remembers a Christmas where he discovered a traitor and what he did about it.


I saw Mommy kissing Santa Claus: and other holiday secrets.
When the time came by Lene Kaaberb & Agnete Friis
A liberation of plumbing and sink material meets up with an immigrant woman who is about to give birth. The buildings are deserted, except for her. The thieves are skittish about getting involved, but the head honcho knows a nurse who works with refugees and gets her involved. But then someone unexpectedly drops in.

*Hairpin holiday by Sujata Massey
A woman comes in spouting truth from a book. There is a public gathering to hear her. But a blackout occurs and the book is stolen. But is it? Our lady lawyer is curious about a series of events.

Can something be bigger than truth itself? In this case, what was being hidden was the fact that a personality had been caught up in the success of a fraudulent book and then the book could not be revealed. But people thought there was a great deal of wisdom in the book.

The prince (of peace) by Gary Corby
Machiavelli is forced to choose between two people to rule over a city and consequently Machiavelli’s own hometown may be in danger. How does he choose?

Christmas a necessary evil???

The author puts pseudo words into Machiavelli’s mouth to make it sound like the author of The Prince. Somewhat effective, but also confusing. Somebody will think this is Machiavelli really talking.

Cabaret aux assassins by Cara Black
A Sherlock Holmes story without the elegance of it. A woman gets the better of Holmes, and they are working towards the same goals.

Jane and the midnight clear by Stephanie Barron
A Jane Austen story where diamonds are stolen at a dinner party. But are they?

*Supper with Miss Shivers by Peter Lovesey.
Interesting take when the family story is based upon a misconception of a father dies with a mistress on a train crash. The mother is in the hospital giving birth to a daughter. But was she really his mistress? A mysterious person invites the daughter to a dinner date where the secret is revealed.



Evaluation:
Usual Santas is a series of short stories. Some of the stories are well written and engaging. But many of the stories seem pretty flat, obvious, or seemingly slapped together to meet a deadline. I am left with the impression there must be a better set of Christmas-mystery short stories.

 
Notes from my book group:
Which story was your favorite and why? Which one(s) did you not like? Why? What drew you to the ones you liked?

When reading a short story, how do you read it? What qualities does should it have?

After reading these stories, does a Chritmas theme with mystery seem appriopriate?

Many of these questions are either from or adapted from LitLovers.
  • Why the title of Usual Santas?
  • Does this book work as a collection of short stories??
  • Do the stories fitting together? Are they satisfying? Predictable?
  • Which story was the most convincing? Least?
    • Which story did you identify with?
    • Which one did you dislike?
  • Every story has a world view. Were you able to identify with any of the stories world view? What was it? How did it affect the story?
  • In what context was religion talked about in these stories?
  • Was there anybody you would consider religious?
    • How did they show it?
    • Was the book overtly religious?
    • How did it affect the books story?
  • Why do you think the publisher published this book?
  • What “take aways” did you have from this book?
  • How did this book affect your view of the world?
    • Of how God is viewed?
    • What questions did you ask yourself after reading this book?
  • Talk about specific passages that struck you as significant—or interesting, profound, amusing, illuminating, disturbing, sad...?
    • What was memorable?



New Words:
  • Charcuterie: the art of preparing and assembling cured meats and other meat products. But, many people use the term charcuterie to refer to an assortment of meats that are paired with different accompaniments, such as toast, fruit, cheese, and sauces.
  • Farang: caucasians, but may refer to American’s inThai
  • Santeria: a pantheistic Afro-Cuban religious cult developed from the beliefs and customs of the Yoruba people and incorporating some elements of the Catholic religion
  • mamlocha: Crazy Mama
  • pichidulce: smart sugar???

Good Quotes:
    • First Line: The churchyard was silent and peaceful so early on the morning of Christmas eve.
    • Last Line: This is a wonderful Christmas present.
    Table of Contents:
    • Foreword by Peter Lovesey
    • Joy to the world: Various acts of kindness at Christmas.
      • An elderly lady seeks peace at Christmastime by Helene Tursten
      • The usual Santas by Mick Herron
      • PX Christmas by Martin Limon
      • Chalee's Nativity by Timothy Hallinan
      • The Cuban Marquise's jewels by Teresa Dovalpage
      • A mother's curse by Mette Ivie Harrison
    • Silent night: The darkest of holiday noir.
      • There's only one Father Christmas, right? by Colin Cotterill
      • Martin by Ed Lin
      • Queen of the hill by Stuart Neville
      • Blue memories start calling by Tod Goldberg
      • Bo Sau (Vengence) by Henry Chang
      • Red Christmas by James R. Benn
    • I saw Mommy kissing Santa Claus: and other holiday secrets.
      • When the time came by Lene Kaaberb & Agnete Friis
      • Hairpin holiday by Sujata Massey
      • The prince (of peace) by Gary Corby
      • Cabaret aux assassins by Cara Black
      • Jane and the midnight clear by Stephanie Barron
      • Supper with Miss Shivers by Peter Lovesey.

    References:

    Saturday, November 23, 2019

    The Seven Most Important Equations for Your Retirement


    Book: The Seven Most Important Equations for Your Retirement
    Basic Information : SynopsisExpectations : Thoughts : Evaluation : Book References : Good Quotes : Table of Contents : References

    Basic Information:
    Author: Moshe A. Milvesky
    Edition: ePub on Overdrive from the Fresno County Library
    Publisher: Wiley
    ISBN: 1118291530 (ISBN13: 9781118291535
    Start Date: November 13, 2019
    Read Date: November 23, 2019
    210 pages
    Genre: Personal Growth, Retirement
    Language Warning: None
    Rated Overall: 3 out of 5


    Synopsis (Caution: Spoiler Alert-Jump to Thoughts):
    Milvesky has seven equations which he is interested in sharing concerning retirement preparedness and living it. These are all financial. He goes through and talks about the uses of each, explains their origins, and talks about the background authority of each one-not necessarily the one who came up with the equation.

    • How long will my money last (Fibonacci)
    • How long will I spend in retirement (Gompertz)
    • Is a pension annuity worth it? (Halley)
    • What is a proper spending rate? (Fisher)
    • How much in risky stocks versus safe cash? (Samuelson)
    • What is your financial legacy today? (Huebner)
    • Is my current plan sustainable? (Kolmogorov)

    Expectations:
    • Date Became Aware of Book: November 13, 2019
    • How come do I want to read this book: I was skimming through the Fresno’s library for something to read and came across this title sounded interesting
    • What do I think I will get out of it? Maybe some quantitative means to meaure how I am doing in my retirement, financially.


    Thoughts:

    Notations used in equations:


    Notation Meaning Formula’s Used
    ax
    The value of a $1 per year for life pension annuity for a person x years old
    III
    b
    the dispersion coefficient of human life in years, usually 9.5 years
    II
    c
    the amount you would like to spend or consume above and beyond any retirement pension you might receive
    I
    FC
    Financial Capital accumalated (dollars)
    V
    HC
    value of Human Capital, i.e., expected is how much you expect to earn until retirement. It should be in terms of present value.
    V
    i

    III, VI
    iPx
    survival probability (from chaper 2)
    III, VI
    ln(px)
    survival probability for one year, where x=the age
    IV
    m
    modal value of human life. Usually 87.5 years. Given your group, the most like age you will die.
    II
    p Probability that you will live to a given age II
    P
    Prbability of ruin (spending will outrun the money
    VII
    qx
    Probability of dying
    III(?), VI
    r
    interest rate your nest egg is earning while being depleted. Need to assume a flat line interest.
    IV-should be after inflation
    V-interest rates from safest investments, such as savings, ... (I show this mistakenly as ρ-rho)
    I, IV, V, VI
    R
    Periodic interest rate
    III, VI
    t Years nest egg will last I
    T Retirement time VII
    t
    the number of years you might still live in years
    II
    W
    size of the nest egg
    I
    w
    Amount of money relative to what you are planning on spending (Money/spending)
    VII
    x
    current age in years
    II, III
    γ
    risk aversion-how long do you think you really are going to live. The higher the value, the less risk you are willing to take on.
    IV, V
    λ
    Instantaneous force of mortality. When it is over time , it is λt
    VII
    μ
    rate at which you/experts think stocks will grow over time. This is in percent. Historically it is 7%
    V, VII
    ρ
    subjective discount rate-how patient you are to spend
    IV
    σ
    volatility pf stocks. For a well diversified portfolio, it has been historically around 20%
    V
    ψ
    The amount in dollars is about how much you should risk
    V



    Introduction: An Equation Can't Predict Your Future . . .But It Can Help You Plan for It


    Chapter 1: How Long Will My Number Last? Equation #1: Leonardo Fibonacci (1170–1250)

    • This formula is not concerned with preserving principal, only when using the principal for living expenses-high long will it last?
    • Milvesky notes that you can solve for any of the three variable, not just how long it will last. Such as, if you live 30 years and want $5,000 income from a 3% interest rate, you can see how big of an amount you would need to start with.
    • See the seventh equation for a more robust solution than this first one.


    Chapter 2: How Long Will I Spend in Retirement? Equation #2: Benjamin Gompertz (1779–1865)


    Wikipedia's version of Gompertz' equation
    • Gompertz law of mortality – gives an idea of how long a person will probably live given their current age. From Wikipedia, it states The Gompertz–Makeham law states that the human death rate is the sum of an age-dependent component (the Gompertz function, named after Benjamin Gompertz),[1] which increases exponentially with age[2] and an age-independent component (the Makeham term, named after William Makeham).[3] In a protected environment where external causes of death are rare (laboratory conditions, low mortality countries, etc.), the age-independent mortality component is often negligible. In this case the formula simplifies to a Gompertz law of mortality. In 1825, Benjamin Gompertz proposed an exponential increase in death rates with age.
    • This formula, allows a person to plan for his financial future for as long as his expected life span is.
    • For mortaily figures, you can look at www.mortality.org


    Chapter 3: Is a Pension Annuity Worth It? Equation #3: Edmond Halley (1656–1742)

    DB=Defined Benefit Plan-where a set amount will be paid for your pension
    DC=Defined Contribution-offeres projections, hopes and expectations, no pomises.

    • The above equation will tell you what a DB/pension is worth and how much it should cost to aquire one which is an equavalent. From this you can tell if it is better to take a lump sum or take the DB.
    • People who take out life insurance have a tendency to live longer
    • When it comes to which is right, an equation or the market, the market is always right.


    Chapter 4: What Is a Proper Spending Rate? Equation #4: Irving Fisher (1867–1947)

    • Left side of the equation is telling us how to change our buying behavior as we age.
    • The right side is what affcts our buying behavior.
    • How do rational consumers formulate a spending plan? That is the thrurst of this equation.
    • Fisher was no infalliable. Even when the Great Crash of 1929 occurred, he was saying the stock market would rebound quickly. Also he was a fan of Eugenics to correct the problems of society.


    Chapter 5: How Much in Risky Stocks versus Safe Cash? Equation #5: Paul Samuelson (1915–2009)


    • It is not time per se which is a factor in this equation, but a person’s preferences/attitude towards risk.


    Chapter 6: What Is Your Financial Legacy Today? Equation #6: Solomon S. Huebner (1882–1964)

    • The idea here is that while people are dependent on you how much is a good amount to leave for those who are left behind. Once you’ve retired, should you-and can you actually afford to-leave them anything by still paying for an expensive life insurance policy?
    • Should you have term or whole life? Along that lines, does it make sense to have life annuities?


    Chapter 7: Is My Current Plan Sustainable? Equation #7: Andrei N. Kolmogorov (1903–1987)

    He starts out summarizing what was covered:
    • Chp 1: linking the fixed spending rate with a fixed interest to figure out how long your money will last
    • Chp 2: Life expectancy is somewhat randomn. What is the probable age of passing?
    • Chp 3: Value of pension annuity
    • Chp 4: Quantifying the effects of patience in spending at a constant rate vs some longevity risks
    • Chp 5: Hw to think about assest allocation as age and time
    • Chp 6: What is the value of a death benefit?
    • Chp 7: What is the probablility that your retirement plan can be sustained

    • dollar-vauled withdrawl rate
    • The assumption with probability is that there is a smooth line, not discrete stages of change.
    • Gambler’s ruin problem

    Conclusion: Controversies, Omissions and Concluding Thoughts 175
    Appendix: Crash Course on Natural and Unnatural Logarithms 179



    Evaluation:
    This is not a book for everybody. It is for those who want to quantify what their financial retirement will look like. Even then, these are not easy formulas. Stephen Hawking said that for each equation in a book, you halve its sales. With seven of them, Milvesky may have troubles having this book be profitable,

    Milvesky gives seven formulas ranging from a good algebra level formula to calculus. He examines probabilities on life expectancy, how much of my assets can I spend and when, as well as how should my assests be invested. On the later it is more conservatively vs aggressively, This is not a book you pick up to plan your retirement, but a book to help you understand if you are on the right track. It also is a book of probabilities than definites. It gives you the tools to say that things look like you are coming out OK vs you are going to be OK-it is important to know that distinction.

    Milvesky does a good job of giving examples of how to use the forumlas. He also goes through the people behind them as well. But I you really do need to be the type of person who enjoys equations in order to get through the book.

     
    Book References:
    • Liber Abaci by Leondardo Pisano Fibonacci (2003 translation from Latin by Laurence Sigler)
    • The Nunmber by Lee Eisenberg
    • Principles by Isaac Newton (Halley assisted in getting this book published)
    • Sense and Sensibility by Jane Austen
    • The History of Fish (De Historia Piscium) by Francis Willughby
    • The Theory of Interest: As Determined by Impatience to Spend Income and Opportunity to Invest It by Irving Fisher
    • The Theory of Interest by Irving Fisher
    • Stocks for the Long Run by Jeremy Siegel
    • Economics by Paul Samuelson
    • General Theory by John Maynard Keynes
    • The Teacher Who Changed an Industry by Mildred Stone
    • War and Peave by Leo Tolstoy
    • Aryabhatiya by Aryabhata
    • The Improbable Origins of Modern Wall Street by Peter Bernstein

    Good Quotes:
    • First Line: Most books about retirement planning are written as guides, instruction manuals or “how-to” books.
    • Last Line: It [e] truly is a remarkable number, and justifiably embedded in the DNA of the most important equations for retirement.
    Table of Contents:
    • Introduction: An Equation Can't Predict Your Future . . .But It Can Help You Plan for It
    • Chapter 1: How Long Will My Number Last? Equation #1: Leonardo Fibonacci (1170–1250)
    • Chapter 2: How Long Will I Spend in Retirement? Equation #2: Benjamin Gompertz (1779–1865)
    • Chapter 3: Is a Pension Annuity Worth It? Equation #3: Edmond Halley (1656–1742)
    • Chapter 4: What Is a Proper Spending Rate? Equation #4: Irving Fisher (1867–1947)
    • Chapter 5: How Much in Risky Stocks versus Safe Cash? Equation #5: Paul Samuelson (1915–2009)
    • Chapter 6: What Is Your Financial Legacy Today? Equation #6: Solomon S. Huebner (1882–1964)
    • Chapter 7: Is My Current Plan Sustainable? Equation #7: Andrei N. Kolmogorov (1903–1987)
    • Conclusion: Controversies, Omissions and Concluding Thoughts
    • Appendix: Crash Course on Natural and Unnatural Logarithms
    • References and Sources
    • Acknowledgments
    • About the Author
    • Short Poem by Maya Milevsky (age 11)
    • Index


    References: