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I decide to stop reading finance-based books and start reading some biographies in order to restore my confidence and use their lives as an example why I must conquer the challenge no matter how tough it is. Reading Soros' life is great start. I am planning to read more on Warren Buffett's life even though i know about 50% of his life. HOWEVER!!I want to know more how his student life is like. Beside Buffett's life, I am also interested in finding out more on Keynes' life
Recently, I talked with few friends of mine whom i regard them quite intelligent. Who knows they may be not intelligent than me. It doesn't really matter. I am very interested to keep tab on their progress and their insights. I will be talking with not so intelligent but know how to live friends soon. I still want to learn from all of my friends regardless how intelligent they are if any.
I let Mike to tell me his opinion. I am proud for Mike because of his opinions presented to me. My few principles are there when Mike told his opinions to me.
I recalled one time when Donald rejected my opinion where in vaguely education paper prevail over experiences when i relate my opinion supported with my former boss conversation with me. My former boss even highlight so greatly that I, having no diploma perform much better than the diploma holder because we are employed in the same time. What Mike learnt prevail here even in the future.
Hold on!it is small picture. Let me take all of you in big picture which i researched long time ago at my own discreet. It will certainly make a sense. Should you disagree, please let me know and we will reach to the point and therefore my opinion on it will be modified based on this amicable debate if any.
Education assets are not worthwhile when it come to hand-on jobs. Such hand-on tasks can be easily learnt. To prove that you have learnt, all you need is to get professional or academic certifcate(poly diploma) at its best. I am not sure what job scope Mike do other than the short information about him i know( data mining and SQL). Assuming that he is hand-on approach towards projects for his company. Wonderful, he is on right stead where he don't have to worry about 'paper'. However IT industry has high turnover rate in the span of few years. Who knows when is the day you will be retrenched? Mike will not be affected by frictional unemployment but will be affected by structural and cyclical unemployments. Mike said that he is indepensible with some certain degree of element of luck where he got good position which he think so. i am happy for him that he is soaring high with his wings flapping as he says. Start early and you get good result?it is true but it is really general context. What it may work for him may not work for others. There are at times you gotta be careful when you apply such thinking like that. Junbin is another great example where he has no diploma and he is earnying big bucks and spending big bucks too. i will spell out the effect below after the paragraph of a need of education paper.
There is a need for education paper especially towards Financial and senior management positions(beware:it is not for normal manager). Why? Such powerful theories are taught in Degree level and higher although there are some that can be learnt in Diploma level. What we learn in Diploma level is insufficient and at its best for employees for operating section in the hiearchical organisation structure. They cannot be learnt by working. Working experience enable you to create new ideas and theories at your own choice. At this point, it is hard for me to explain until you get the idea. You will only understand when you take the position of CEO of corporation if it happen.(NOT your own company) :-)
In general, there is pros and cons. No one is right or wrong in this aspect. A lot of people don't get the chance to see whole world. If you have travelled to other countries for holiday, it doesn't mean you have understood the world already. It take a lot of time to understand. I consider that mature and well-thought people with such considerable amount of intelligence will be the ones who don't hank for something like common people do right now. I am quite fortunate to watch a Korean movie, Hwang Jin Yi before i resume typing here. It inspired me as well as i was gazing at the female lead character. What a magnanimous lady in this show! She did which nobody really think of and dare to do. That is the type of people i admire. I dare to say that there are really very very very very very few humans who are really that magnanimous with much excellent understanding. From i wrote about a person perspective till now, I am saying that you will realise that what you thought is actually not the right thing by the time you, as old person in few ten years time would look back at your own past. That is where real reality hit you and therefore, you will get things right at your old age where you take a big break from everything.
Now, i will write about Singapore economy from my viewpoint. It is just amateur work with non statistics information. I can't even dare to write global because i have not travel that extensively.
Indeed, the inflation rate is growing considerably at small increase percentage. It is estimated to be around 3% at the moment according to the media. Many people with little understanding on economics aka political science tend to overhype inflation too much as if they are panicking to escape from horrible disaster. Although there are a lot more jobs available and the statistica from media who in turn obtained from government show that the wages in Singapore is growing nicely.
Ever since 1970(from what i read Soro's Alchemy of Finance), the task of controlling oil price is increasingly difficult which mean many companies that need oil to offer business such as transportation, lighting and etc may not be able to sustain the cost that long. It is quite understandable that our eletricity bill may increase from time to time. To control the oil price is really global responsbility which spell out that big powerful nations need to take charge co-operating with OPEC and Middle East. I do not know what kind of plan I can think of because I have only just learn two topics of Microeconomics that are about consumer behaviours and intertemporal choice at degree level. I will write economy much more extensively once I complete my degree with much hope!
Surprisingly, the currency exchange rate between Singapore dollars and American Dollar is at US$1=SGD$1.47 as for now. in layman’s term, the local products that made in Singapore will be expensive while the products that made in US are cheaper for Singaporeans to buy. Unbelieveable, it has drop so much! It signify that Singapore economy is now strong.
With more new roads, tunnel, bridges and tweaking of ERP charge policy, it certainly ease traffic jam in most of areas in Singapore but it doesn't really mean 100% traffic jam free at all. It will attract a lot of foreign companies to invest with strong and yet attractive governance here.
I don't really know how much damage sub-prime loans affect globally especially on Singapore. Even the ecomomist who was working for UOB don't know upon the seminar i attend to hear his opinion about global economy.
My opinion is that Singaporeans should invest as much as they can but should also set soe money aside in the bank for urgent needs such as sudden hospital bill, car repair. There is a need to set the money aside in the saving deposit because they are the most liquid ones you can turn to when your monthly spending exceed your monthly budget due to rising prices of products and services. Why invest? The economy mood in Singapore is slighly above the average which mean there is sign of positive economic growth.
End..Next blog entry topic may be about people who we need to be aware of. The principle i want to get across is 'What you think right now based on your experience may not work in future later on.'
Wild Hogs(Hollywood Movie 2007)
Synopsis:
Four middle-aged men decide to take a road trip from Cincinnati to the Pacific in order to get away from their lives which are leading them nowhere. Taking their motorcycles, these "Wild Hogs" tear up the road and eventually stop in New Mexico for a drink not knowing that the bar belongs to the "Del Fuegos", a mean biker gang. When the Del Fuegos steal a bike that belongs to the Wild Hogs, the four men form a plan to steal their bike back
Opinions:
Wow.It is unbelieveable comedy movie. I was thinking that it was just average movie. With American slang jokes, my early thought was completely banished! For young adults, they should watch it for relaxing entertainment such as relieving from stress from work or degree studies.
Rating:7/10
Bonsuses:1)4 main characters are making you laughing without letting down 2)friendship soul..We should be like them.
Wall Street(Hollywood Movie 1987)
Synopsis:
Bud Fox (Charlie Sheen) is a Wall Street stockbroker in early 1980's New York with a strong desire to get to the top. Working for his firm during the day, he spends his spare time working an on angle with with to approach the high-powered, extremely successful (but ruthless and greedy) broker Gordon Gekko (Michael Douglas). Fox finally meets with Gekko, who takes the youth under his wing and explains his philosophy that "Greed is Good". Taking the advice and working closely with Gekko, Fox soon finds himself swept into a world of "yuppies", shady business deals, the "good life", fast money, and fast women; something which is at odds with his family including his estranged father (Martin Sheen) and the blue-collared way Fox was brought up.
Opinions:
i bought this movie DVD online. No doubt, I am totally attracted by Wall Street and its stories. This movie is quite good showing how evil work are conducted quietly. Such big money movement attract the authorities to start its investigation whether it is really inside trading in this course of action.
Rating: 8/10
Bonsuses:1)Michael Douglas is quite convincing actor led me and perhaps everybody believing that we can do it in the Wall Street. 2)Do you want to live 'fast life'?
3) Of course, greed is good
백만장자와 결혼하기(Baekmanjangjawa Gyeolhoonhagi)(Marrying A Millionaire)(Korean Drama 2005)
Synopsis:
Want to marry a millionaire? Add one ‘Average Joe’, be one of eight women selected, and money from the television network station and you can.
Han Eun-young works as a clerk at a bank, trying to pay off the debts her step-mother and sister have piled on her. Kim Young-hoon is your regular, ‘Average Joe’, worker. He provides for his father, his older brother and his wife, as well as his younger brother.
One day, PD Yoo Jin-ha is asked to take over the project, “Marry a Millionaire”. Reluctantly, he agrees to handle the project. His search begins for the perfect man to play the ‘millionaire’. His goal is to use a man who is an average worker, but can pull off the facade of a millionaire. Kim Young-hoon is that man. Although he works hard for a living, there are many who can easily mistake him for a rich guy.
By chance, Eun-young is selected to be a particpant in the TV show. Although the women are not supposed to know that this millionaire of their’s is just a regular worker, Eun-young knows his true identity.
How?
Simple. Young-hoon was her first love. After many years, they meet up again at a party. Although she didn’t recognize him at first, she realized it was the young boy she had fallen in love with back in middle school. Although she says she made a mistake in liking him, being in the show with him is bringing up warm feelings once again.
Marrying a Millionaire is based on the US reality television show, Joe Millionaire.
Opinions:
This drama portray how the life of nobody-turn-into-celebrity-star is like. i hope everybody understand most of celebrity's life because it is not easy job to work in irregular hours(acting in movie or drama). And also, TV companies tend to exaggerate things in order to attract the audience in sake of competition among TV companies. Indeed, there is a need for competitons like that which in result audience in the country will get good shows every day. That is what Singapore is lacking in this. As far as i know that South Korea is quite big country, all TV stations never fail to change the crew of each drama. I am so amazed and wished that Mediacorp should do likewise. FORGET ABOUT A-list actors and actress..Just pick the ones who did well during audition!
I admire this male lead character.. He is honest and forthright with a lady who he loved since young. I wished that I could be like him.
Ratiing:7/10
Bonsuses:1)reality celebrity life 2)honest love
Shooter(Hollywood Movie 2007)
Synopsis:
Bob Lee Swagger, one of the world's great marksmen and the son of a Congressional Medal of Honoree, is a loner living in the Rockies. He's left the military, having been hung out to dry in a secret Ethiopian mission a few years before, when he's recruited by a lisping colonel to help find a way that the President of the US might be assassinated in one of three cities in the next two weeks. He does his work, but the shot is fired notwithstanding and Bob Lee is quickly the fall guy: wounded and hunted by thousands, he goes to ground and, aided by two unlikely allies, searches for the truth and for those who double-crossed him. All roads lead back to Ethiopia
Opinions:
Wow, It is quite impressive action movie exhibiting the element of intelligent. Yes, it is some sort of intelligent game with small twist. BANG BANG BANg BOOM BOOM BOOM...Anyone should watch this movie. I happen to watch this movie because i see this movie DVD all over video stores and i thought i should try my chance to watch this movie.
Rating:8/10
bonsuses:1)intelligent story as well as the main lead chatacter 2)dirty business for the sake of earning money 3)of course you will be glued to your favourite seat till end of the movie.
アンフェア (Unfair: The Movie)(Japanese Movie 2007)
Click here for official website
Synopsis:
Hardboiled, hard-drinking, and hard-hitting female detective Yukihira Natsumi (Ryoko Shinohara) has the best record in the police force, but it has come at a cost. Her fiercely independent personality and penchant to not go by the books has alienated her from colleagues, while her dedication, or perhaps obsession, with work has already cost her a marriage and custody of her eight-year-old daughter. Natsumi has no time for apologies and misgivings though when there is crime to be fought. She is forced to reconsider everything she knows, however, when terrorists take over the hospital her daughter is being treated at. How far will she go to save her daughter?
Opinions:
Wow, it is another excellent action movie in Japanaese way.Trying to save her daughter in the hospital where it was besieged by 'terrorists' who are up against cops over secret fund. Just grab this movie and watch it.
Rating:7/10
Bonuses:1)Twists in the process keeping you guessing but not so sophiscated one 2)Japanese standard of movie is getting better. Young actors at our age easily shone with convicing acting.
Flashpoint(Hong Kong Movie 2007)
Synopsis:
Ma Jun, a serious crime detective sergeant has been working on to crack a triad of three brothers; Archer, Tony and Tiger for years. He planted a mole, Wilson to infiltrate into the gang. Over the years, Wilson started to have more disagreements with Ma Jun. During a gang confrontation, Wilson’s identity was exposed and Tiger died during the battle. Tony destroyed all the evidence. The only person left to bring Tony and Archer to justice is Wilson…
Opinions:
Wow, i am in awe that Donnie Yen showcase all boxing skills he just picked during training before filiming(I believe so when i saw ending credit video). I think it is one of his best performers i ever seen. Overall, the movie is average.
Rating:6/10
Bonuses:1) A treat of fighting battles.
황진이 Hwang Jin Yi(Korean Movie 2007)
Synospsis:
The life of the famous kisaeng (female entertainer), Hwang Jin Yi, who lived in 16th century Korea.
Opinions:
What a philosophy movie! I think young people need to watch this and understand what life is really about. Any slight slack will not let you to escape from the thorns of life. After all, there is no mercy in the world. Your action justify the result of the life you get. Frankly speaking, from what I heard from Sihui, although there is no need to get A for exam(indeed, no need to be smart ass in this study as long as you enjoy the life), there is need to understand the subject very well which mean you will be the one applying your knowledge from what you learn from the course in your own working job. If you don't know, you will not be let off. Like what I said, there is no mercy in the world you live in. I find that this movie apply this principle i always believe in very well. Eugene can't remember what he learn from his subjects he took. It is ok. I did stress the importance to know them because all you need to open your mouth to explain such financial product with your pure essay knowledge, you will get the fee because the potential customer know how well-knowledge you are. That is easy money especially when you don't need to use your hand to calculate as long as they need your service. You want their money? You need to exhibit the correct knowledge they want to know about complicated products or services.
Rating:7/10
bonuses:1)Meaningful life to tell us 2)teach you what smart person should be like
Title:George Soros:The Life and Times of a Messianic Billionaire
Author:Michael T. Kaufman
Synopsis:
The first biography of George Soros written with his cooperation--a dramatic story of the capitalistic genius who has become the leading philanthropist of our time.
In a fascinating narrative, we follow Soros from European dislocation to unfathomable success and wealth. Born into a Jewish family in Budapest, he was on his own by age 14, passing as an Aryan to survive World War II. As a penniless 17-year-old in London, he dreamed both of personal glory and making the world less harsh. Ambition and opportunity drove him to Wall Street, where he arrived in 1956. Soon he was "the greatest money manager in the world." In his early 50s, restless and having made his fortune, Soros turned to doing good as a full-time occupation, showing the same energy, imagination, and courage in spending his money as he had in making it. He has invested more than $1 billion worldwide through his Open Society foundations, undermining the kind of totalitarianism he knew in his youth. Kaufman reveals how Soros became a key figure in accelerating the collapse of communism, while minimizing the trauma of transition, and how his work continues today.
Packed with event and character, this is the story of a remarkable, brilliant, hugely generous, but--until now--little-understood man.
Opinions:
I borrow this book from library because i am now facing a lot of difficulties to cope studies. I want to know how Soros went through his life in London especially his stint at LSE. It is really insightful for me. I am gaining little confidence and my understanding on philanthropy is getting better. Excellent life Soros has and i do envy that he has the chance to stand on the rope making the 'near-death' or 'near-bankruptcy' decision in his life
Rating:7/10
Book title:The Rule of EQ
Author:Rob Yeung
Synopsis:
Savvy and timely, this quick tutorial in the uses of the Emotional Quotient (EQ) is a valuable tool in the arsenal of the effective business person or manager. IQ might get a worker through the front door, but EQ can open doors beyond that, allowing the smart business person to improve and capitalize on relationships at work. The books in this series are designed to be read in only a couple of hours and are perfect educational reading for a business trip. Rather than feeling like a mini-MBA course, the lessons are succinct and to the point. Chapters offer practical advice based on—but not mired in—solid EQ theory and are valuable in the daily context of a business career. Tactics discussed include understanding the thoughts and emotions of others, influencing the emotional states of others, knowing when to pick a battle and when to back down, and harnessing productive anger. Being intelligent is no longer enough to succeed in the world of business; those who want to get ahead quickly and efficiently will learn to make use of the lessons in emotional intelligence detailed in this handbook
Opinions:
I never knew that i has consierable amout of EQ as most of skills i usually use are on the book but it is only small part. The other parts which i do not possess are worth learning. I happened to borrow this book in the mind that Suliana emphasize heavily on EQ. I thought i should find more detail about EQ although i know vague meaning of EQ. Indeed, i am very very impressed how the author wrote in short to keep readers comfortable when reading. The content is quite interesting and impressiev that you really want to pick for your own benefit.
Rating:7/10
Tony Del Piero wrote and posted at at 11:37 pm
