Tuesday, November 29, 2005

'You've got to find what you love,' Jobs says

This is the text of the Commencement address by Steve Jobs, CEO of Apple Computer and of Pixar Animation Studios, delivered on June 12, 2005.

I am honored to be with you today at your commencement from one of the finest universities in the world. I never graduated from college. Truth be told, this is the closest I've ever gotten to a college graduation. Today I want to tell you three stories from my life. That's it. No big deal. Just three stories.

The first story is about connecting the dots.

I dropped out of Reed College after the first 6 months, but then stayed around as a drop-in for another 18 months or so before I really quit. So why did I drop out?

It started before I was born. My biological mother was a young, unwed college graduate student, and she decided to put me up for adoption. She felt very strongly that I should be adopted by college graduates, so everything was all set for me to be adopted at birth by a lawyer and his wife. Except that when I popped out they decided at the last minute that they really wanted a girl. So my parents, who were on a waiting list, got a call in the middle of the night asking: "We have an unexpected baby boy; do you want him?" They said: "Of course." My biological mother later found out that my mother had never graduated from college and that my father had never graduated from high school. She refused to sign the final adoption papers. She only relented a few months later when my parents promised that I would someday go to college.

And 17 years later I did go to college. But I naively chose a college that was almost as expensive as Stanford, and all of my working-class parents' savings were being spent on my college tuition. After six months, I couldn't see the value in it. I had no idea what I wanted to do with my life and no idea how college was going to help me figure it out. And here I was spending all of the money my parents had saved their entire life. So I decided to drop out and trust that it would all work out OK. It was pretty scary at the time, but looking back it was one of the best decisions I ever made. The minute I dropped out I could stop taking the required classes that didn't interest me, and begin dropping in on the ones that looked interesting.

It wasn't all romantic. I didn't have a dorm room, so I slept on the floor in friends' rooms, I returned coke bottles for the 5¢ deposits to buy food with, and I would walk the 7 miles across town every Sunday night to get one good meal a week at the Hare Krishna temple. I loved it. And much of what I stumbled into by following my curiosity and intuition turned out to be priceless later on. Let me give you one example:

Reed College at that time offered perhaps the best calligraphy instruction in the country. Throughout the campus every poster, every label on every drawer, was beautifully hand calligraphed. Because I had dropped out and didn't have to take the normal classes, I decided to take a calligraphy class to learn how to do this. I learned about serif and san serif typefaces, about varying the amount of space between different letter combinations, about what makes great typography great. It was beautiful, historical, artistically subtle in a way that science can't capture, and I found it fascinating.

None of this had even a hope of any practical application in my life. But ten years later, when we were designing the first Macintosh computer, it all came back to me. And we designed it all into the Mac. It was the first computer with beautiful typography. If I had never dropped in on that single course in college, the Mac would have never had multiple typefaces or proportionally spaced fonts. And since Windows just copied the Mac, its likely that no personal computer would have them. If I had never dropped out, I would have never dropped in on this calligraphy class, and personal computers might not have the wonderful typography that they do. Of course it was impossible to connect the dots looking forward when I was in college. But it was very, very clear looking backwards ten years later.

Again, you can't connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life.

My second story is about love and loss.

I was lucky — I found what I loved to do early in life. Woz and I started Apple in my parents garage when I was 20. We worked hard, and in 10 years Apple had grown from just the two of us in a garage into a $2 billion company with over 4000 employees. We had just released our finest creation — the Macintosh — a year earlier, and I had just turned 30. And then I got fired. How can you get fired from a company you started? Well, as Apple grew we hired someone who I thought was very talented to run the company with me, and for the first year or so things went well. But then our visions of the future began to diverge and eventually we had a falling out. When we did, our Board of Directors sided with him. So at 30 I was out. And very publicly out. What had been the focus of my entire adult life was gone, and it was devastating.

I really didn't know what to do for a few months. I felt that I had let the previous generation of entrepreneurs down - that I had dropped the baton as it was being passed to me. I met with David Packard and Bob Noyce and tried to apologize for screwing up so badly. I was a very public failure, and I even thought about running away from the valley. But something slowly began to dawn on me — I still loved what I did. The turn of events at Apple had not changed that one bit. I had been rejected, but I was still in love. And so I decided to start over.

I didn't see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me. The heaviness of being successful was replaced by the lightness of being a beginner again, less sure about everything. It freed me to enter one of the most creative periods of my life.

During the next five years, I started a company named NeXT, another company named Pixar, and fell in love with an amazing woman who would become my wife. Pixar went on to create the worlds first computer animated feature film, Toy Story, and is now the most successful animation studio in the world. In a remarkable turn of events, Apple bought NeXT, I retuned to Apple, and the technology we developed at NeXT is at the heart of Apple's current renaissance. And Laurene and I have a wonderful family together.

I'm pretty sure none of this would have happened if I hadn't been fired from Apple. It was awful tasting medicine, but I guess the patient needed it. Sometimes life hits you in the head with a brick. Don't lose faith. I'm convinced that the only thing that kept me going was that I loved what I did. You've got to find what you love. And that is as true for your work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven't found it yet, keep looking. Don't settle. As with all matters of the heart, you'll know when you find it. And, like any great relationship, it just gets better and better as the years roll on. So keep looking until you find it. Don't settle.

My third story is about death.

When I was 17, I read a quote that went something like: "If you live each day as if it was your last, someday you'll most certainly be right." It made an impression on me, and since then, for the past 33 years, I have looked in the mirror every morning and asked myself: "If today were the last day of my life, would I want to do what I am about to do today?" And whenever the answer has been "No" for too many days in a row, I know I need to change something.

Remembering that I'll be dead soon is the most important tool I've ever encountered to help me make the big choices in life. Because almost everything — all external expectations, all pride, all fear of embarrassment or failure - these things just fall away in the face of death, leaving only what is truly important. Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart.

About a year ago I was diagnosed with cancer. I had a scan at 7:30 in the morning, and it clearly showed a tumor on my pancreas. I didn't even know what a pancreas was. The doctors told me this was almost certainly a type of cancer that is incurable, and that I should expect to live no longer than three to six months. My doctor advised me to go home and get my affairs in order, which is doctor's code for prepare to die. It means to try to tell your kids everything you thought you'd have the next 10 years to tell them in just a few months. It means to make sure everything is buttoned up so that it will be as easy as possible for your family. It means to say your goodbyes.

I lived with that diagnosis all day. Later that evening I had a biopsy, where they stuck an endoscope down my throat, through my stomach and into my intestines, put a needle into my pancreas and got a few cells from the tumor. I was sedated, but my wife, who was there, told me that when they viewed the cells under a microscope the doctors started crying because it turned out to be a very rare form of pancreatic cancer that is curable with surgery. I had the surgery and I'm fine now.

This was the closest I've been to facing death, and I hope its the closest I get for a few more decades. Having lived through it, I can now say this to you with a bit more certainty than when death was a useful but purely intellectual concept:

No one wants to die. Even people who want to go to heaven don't want to die to get there. And yet death is the destination we all share. No one has ever escaped it. And that is as it should be, because Death is very likely the single best invention of Life. It is Life's change agent. It clears out the old to make way for the new. Right now the new is you, but someday not too long from now, you will gradually become the old and be cleared away. Sorry to be so dramatic, but it is quite true.

Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma — which is living with the results of other people's thinking. Don't let the noise of others' opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.

When I was young, there was an amazing publication called The Whole Earth Catalog, which was one of the bibles of my generation. It was created by a fellow named Stewart Brand not far from here in Menlo Park, and he brought it to life with his poetic touch. This was in the late 1960's, before personal computers and desktop publishing, so it was all made with typewriters, scissors, and polaroid cameras. It was sort of like Google in paperback form, 35 years before Google came along: it was idealistic, and overflowing with neat tools and great notions.

Stewart and his team put out several issues of The Whole Earth Catalog, and then when it had run its course, they put out a final issue. It was the mid-1970s, and I was your age. On the back cover of their final issue was a photograph of an early morning country road, the kind you might find yourself hitchhiking on if you were so adventurous. Beneath it were the words: "Stay Hungry. Stay Foolish." It was their farewell message as they signed off. Stay Hungry. Stay Foolish. And I have always wished that for myself. And now, as you graduate to begin anew, I wish that for you.

Stay Hungry. Stay Foolish.

Thank you all very much.

Tuesday, November 22, 2005

Modeling

[121 Thoughts]

I'm not talking about the fashion industry, but the building of a scientific (usually mathmatical) prototype to explain a given phanominum. It seems that my mind is built or trained to always try to find out the governing law behind a natural or socioeconomic hehavior. In gradschool I was in a lab that strives to discover the constitutional relation of materials. We put the material under all kinds of conditions and try to summarize its behavior in mathmatical equation(s). Likewise, using selected known behaviors (say in a stock market) I try to imagine a picture to explain those behaviors, and check if all known behaviors fit the picture. Ultimately this model will then predict unknown behaviors. Modeling is one of the most natrual habits of my mind. The hardest ones would be modeling of abstract things, such as musical cords, when I don't see a way to picture it. But of course it's also a bad example to use the stock market, which has been scrutinized ever since its inception and still no one has a good model, and probably never will. Modeling is fun, and I have to say there must be many many like minds out there.

Stock orders

1. Limit Order
Order to buy or sell a stated amount of stock at a specified price or better. [It guarantees the actual strike price to be better than specified (lower for selling and higher for buying).]

2. Stop Order
A stop order is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the specified price is reached, your stop order becomes a market order, [which means the acutal price is not guaranteed to be better. The stop price is just a trigger point to activate the order.]

3. Stop Limit Order
An order to buy or sell at a specified price or better (called the stop-limit price) but only after a given stop price has been reached or passed. For example, an order to buy 100 MSFT 55 Stop 56 Limit, means that if the market price reaches 55 (stop price) or better (in the case of a buy, it would be less than 55) the order is then triggered to execute the order as a limit order at 56 or a better (lower) price. [the order is activated after the price hits 55, and will conduct the trade for anything better than 56, which could be 55.5 for buying, for example] Stop-limit orders avoid some of the risk a stop order has, but like all limit orders, carries the risk of missing the market all together, since the specified limit price or better may never occur.

Help me understand this...

As I often do when I think something is overvalued, but I don't really want to sell, I looked at the possibility of selling call options on my position. The December $300 call options were fetching $36 a share, meaning I could realize a further 15% gain if I sell the calls now and Google shares are above $300 in December. Then again, I could just sell some shares, even recouping all of my initial investment. One savvy friend of mine recommended selling a third of my position outright, selling covered calls on a third, and holding a third, which strikes me as a prudent course.

Wednesday, November 09, 2005

On Converting Old Analog Tapes to Digital

From Google Group:

Analog transfer via S-video vs. mini-jack from Hi8 source: How much quality loss?
All 8 messages in topic - view as tree

jfaugh...@spamcop.net
Mar 18, 11:32 am show options
Newsgroups: rec.video
Followup-To: rec.video
From: jfaugh...@spamcop.net - Find messages by this author
Date: 18 Mar 2005 11:32:17 -0800
Local: Fri, Mar 18 2005 11:32 am
Subject: Analog transfer via S-video vs. mini-jack from Hi8 source: How much quality loss?
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I've a question on video signal degradation when transferring analog
video output via a mini-jack A/V cable vs. an S-video cable.I'm rather
hoping Steve McDonald will see this and post a response, based on the
quote from a Jan 2005 message of his he knows this domain rather well!

Here's the specific question:

How much quality is lost when a @1998 SONY Hi8 analog camcorder
transfers Hi8 output with a high-quality (Monster $40) RGB RCA (3
component) to mini-video jack cable VERSUS a high quality S-video cable
with a separate audio-only RCA to mini-jack cable?

Here's the background if needed:

I have a @ 7 yo SONY analog Hi-8 camcorder with S-video I/O. I just
bought a Canon Elura 90. I have 30 days to return the Elura if I want
something else.

Here's the problem. The 2005 Elura 90s don't have S-video input/output.
They use an all-in-one mini-jack connector for analog I/O -- similar to
what digital cameras use.

One of the main things I want the Elura to do is reasonably high
quality conversion of my legacy Hi-8 tapes to digital format. I'll then
edit the digital tapes over time on my purchase-pending G5 iMac and
burn DVDs to archive.

--
john
john faughnan
jfaugh...@spamcop.net

meta: jfaughnan, jgfaughnan, digital video, Canon, SONY, passthrough,
pass-through, A/D conversion, video editing, Hi 8, Hi8

-------------------

Steve McDonald wrote:

(http://groups-beta.google.com/group/rec.video/msg/3d4be74dd7d39d44)

- Hide quoted text -
- Show quoted text -
> ... Although S-Video equipped VCRs have a lower band of recording
> frequency for the chroma sub-carrier and a higher band for the
luminance
> portion, the signal comes off the medium in composite form and then
is
> separated into two circuits to be output on an S-Video connector.
> Composite-only equipped VHS, 8mm and consumer Beta VCRs work the same
> way, but don't separate the two portions before they are output.
They
> also use the same "color-under" chroma sub-carrier and higher
luminance
> recording frequency system. You will note that a standard VHS
recording
> can be played on an S-VHS VCR and output as an S-Video signal, as
well
> as in composite form and an S-VHS recording playback can be output as
> either an S-Video or composite signal.

> S-VHS, Hi-8 and ED-Beta VCRs don't record a signal as "S-Video"
on
> tape. S-Video exists only as a transfer protocol on connecting
> circuits, except in a TV set with an S-Video input. There the signal
> remains as separate chroma and luma, for processing and onscreen
> display. If a TV receives a composite signal, it is separated into
> chroma and luma, as part of its pre-display process. The only
advantage
> of S-Video, is to keep the chroma and luma separate during the
transfer
> and this reduces the "crosstalk" or interference between the two
> frequency segments. This allows for more pure and richer color
> transfer, but it's only a relative benefit, not an absolute one.
> It appears that in most or perhaps all cases, component signal
> converters send a better video image than either S-Video or composite
> protocols will do..

> There are professional analog component recording formats, such
as
> BetaCam and M2, that have two separate recording tracks, one for
chroma
> and one for luma. With most digital video formats, it's all encoded
> into a single recording track.

> Equipment that has component outputs separates the output signal
> into three chroma circuits for RGB; the luma signal is derived and
> reconstituted from them in the unit to which they are sent.

> Steve McDonald



jfaughnan
Mar 18, 11:53 am show options
Newsgroups: rec.video
From: "jfaughnan" - Find messages by this author
Date: 18 Mar 2005 11:53:11 -0800
Local: Fri, Mar 18 2005 11:53 am
Subject: Re: Analog transfer via S-video vs. mini-jack from Hi8 source: How much quality loss?
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CORRECTION:

I wrote:

How much quality is lost when a @1998 SONY Hi8 analog camcorder
transfers Hi8 output with a high-quality (Monster $40) RGB RCA (3
component) to mini-video jack cable VERSUS a high quality S-video cable
with a separate audio-only RCA to mini-jack cable?

The RCA output is NOT RGB. It's video and two audio. May apologies.

So this should read:

How much quality is lost when a @1998 SONY Hi8 analog camcorder
transfers Hi8 output with a high-quality (Monster $40) RCA (1 video
composite, 2 audio) to mini-video jack cable VERSUS a high quality
S-video cable
with a separate audio-only RCA to mini-jack cable?


C.J.Patten
Mar 18, 12:19 pm show options
Newsgroups: rec.video
From: "C.J.Patten" - Find messages by this author
Date: Fri, 18 Mar 2005 15:19:32 -0500
Local: Fri, Mar 18 2005 12:19 pm
Subject: Re: Analog transfer via S-video vs. mini-jack from Hi8 source: How much quality loss?
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There are a lot of factors involved but, all things being equal, go with the
s-video connector.

The most graphic demonstration I've had of the difference was a Sony
Playstation hooked to a 32" Sony XBR TV, first with RCA jacks then with the
S-video.
Absolute night and day difference. The RCA seemed messy in comparison with
the s-video, almost smudged.

Try both hooked up to a TV and switch between them. I'd be surprised if you
ever used the RCA jack again when you can avoid it.

C.

"jfaughnan" wrote in message

news:1111175591.570754.200300@l41g2000cwc.googlegroups.com...

- Hide quoted text -
- Show quoted text -
> CORRECTION:

> I wrote:

> How much quality is lost when a @1998 SONY Hi8 analog camcorder
> transfers Hi8 output with a high-quality (Monster $40) RGB RCA (3
> component) to mini-video jack cable VERSUS a high quality S-video cable
> with a separate audio-only RCA to mini-jack cable?

> The RCA output is NOT RGB. It's video and two audio. May apologies.

> So this should read:

> How much quality is lost when a @1998 SONY Hi8 analog camcorder
> transfers Hi8 output with a high-quality (Monster $40) RCA (1 video
> composite, 2 audio) to mini-video jack cable VERSUS a high quality
> S-video cable
> with a separate audio-only RCA to mini-jack cable?



jfaughnan
Mar 18, 1:35 pm show options
Newsgroups: rec.video
From: "jfaughnan" - Find messages by this author
Date: 18 Mar 2005 13:35:57 -0800
Local: Fri, Mar 18 2005 1:35 pm
Subject: Re: Analog transfer via S-video vs. mini-jack from Hi8 source: How much quality loss?
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You've convinced me! I'll return the Elura 90 and get a camera with S
video input.

Another correspondent kindly sent a list of resolutions related to
video media. This isn't directly related to the issue of using the
S-video vs. mini-jack/composite video connectors, but it does show that
when one has recorded in Hi8 there's a lot to lose with an inferior
output solution. If VHS is comparable to 8mm, the jump from VHS to Hi8
is comparable in magnitude to the jump from Digital camcorder to HDTV.

The following list provides maximum playback resolution for different
camcorder video sources:

8MM - Up To 240 Lines of Resolution
8MM XR - Up To 280 Lines of Resolution

Hi-8 - Up To 400 Lines of Resolution
Hi-8 XR - Up To 440 Lines of Resolution
D8 (Digital 8) - Up To 500 Lines of Resolution
Mini DV - Up To 530 Lines of Resolution

High Definition - Up To 1080 Interlaced Lines of Resolution


Steve McDonald
Mar 19, 3:42 am show options
Newsgroups: rec.video
From: bigrocketm...@webtv.net (Steve McDonald) - Find messages by this author
Date: Sat, 19 Mar 2005 03:42:25 -0800
Local: Sat, Mar 19 2005 3:42 am
Subject: Re: Analog transfer via S-video vs. mini-jack from Hi8 source: How ...
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I sent a personal reply on this to jfaughnan. He can share it if
he likes. In brief, I vote for S-Video for this transfer purpose.

Steve McDonald


jfaughnan
Mar 19, 6:34 am show options
Newsgroups: rec.video
From: "jfaughnan" - Find messages by this author
Date: 19 Mar 2005 06:34:03 -0800
Local: Sat, Mar 19 2005 6:34 am
Subject: Re: Analog transfer via S-video vs. mini-jack from Hi8 source: How ...
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Steve's email message may have been zapped by my spamcop filters. I've
sent him a different email address to use and if he's able to resend
I'll post here.

I'm also summarizing this discussion on my blog, so it will have an
update too:

http://googlefaughnan.blogspot.com/2005/03/recvideo-google-groupsusen...


John Faughnan
Mar 19, 3:22 pm show options
Newsgroups: rec.video
From: "John Faughnan" - Find messages by this author
Date: 19 Mar 2005 15:22:17 -0800
Local: Sat, Mar 19 2005 3:22 pm
Subject: Re: Analog transfer via S-video vs. mini-jack from Hi8 source: How ...
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Below are excerpts from Steve's. Other than the value of S-video, he
urges the use of very short connectors. He has one composite plug cable
that's only 4 inches long!

.... If you want to do a lot of conversions with your new
camcorder, there would be a noticeable weakening of the colors with an
RCA composite connector....

...Myself, I wouldn't settle for anything other than S-Video for
transfering my Hi-8 recordings and I've been doing plenty of that. I'm
very pleased how well my old analog metal tapes have held up and how
good the images look when put on digital tape.

If you do use composite to transfer the Hi-8 footage, a
high-quality video cord, that is as short as possible, would be best.
I
wouldn't use an audio cord, even though it would match the connectors
and work, as they usually don't have wires that are as thick or
well-shielded as those intended for video...

... One of my Sony 4-pin composite video/audio plugs has just 4-inch
wires
that end in female inline jacks, for connecting with separate composite
and audio cords.


andreifilip...@gmail.com
Apr 4, 4:04 pm show options
Newsgroups: rec.video
From: andreifilip...@gmail.com - Find messages by this author
Date: 4 Apr 2005 17:04:21 -0700
Local: Mon, Apr 4 2005 4:04 pm
Subject: Re: Analog transfer via S-video vs. mini-jack from Hi8 source: How much quality loss?
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The easiest way to compare: send both signals to the monitor.
Technically S-Video connection was invented as something in between
composite (one cable) and component (3 cables) types of connection. You
actually have 2 cables in one S-Video cord. One is used for the
Luminance (brighter-darker) signal, second is for color information.
Presumably the signal loss is less with S-Video compare to RCA, since
you don't have to mix two signals on one end and separate them on the
other.

FAQ Video, http://faqvideo.com