Tuesday, June 30, 2009

The Day After

Everyone has a Dream.

Some want to be Healthy.
Some want to be Happy.
Many want to be Wealthy.

Assuming those want money has indeed made it.
Got their first bucket of gold.
So, what's next?

What's to happen The Day After the Big Gain?

Two sisters in NZ, after wining the Biggest Lotto in NZ, appearing on TV saying,
"We'll go back to work as normal tomorrow."
Even though they've just won NZ$50 Million!

And in less than 45 minutes, Australia is to have its Biggest Lotto Winner,
A$90 Million.

I've bought a ticket.
Because I know,

"Buying a ticket does NOT mean I'll Definitely Win;
But NOT buying one means I'll Definitely Lose!"

I take my chances with................1 ticket.

Because this could also be the ticket to realise my Dreams.
I only have a few of them!

One of which is to establish a small co-educational school.
With only 2 classes in every Grade/Year.
And about 18 students in each class, with half boys and half girls.
And only learning in the morning...........
......................

It's about putting my Education Believes into work.
See if they work.

What about you?
What will you be doing - the Day After?

Fate
Dreaming - What a Feeling, keep us Going
www.myboysmyboss.blogspot.com

Friday, June 26, 2009

Master

Masterchef, the Popular TV programme
(www.masterchef.com.au)

My Boys love watching it.
So does my wife.
I watch it too - only if I've washed the dishes in time!

And for the last few days, the candidates were competing each other in......



Hong Kong!

While staying at the Luxury Langham Hotel.

Candidates were reminded their dishes must have the Oriental Touch.
This has reminded me a candidate who was Eliminated just before this HK Challenge.

Her name was Poh and she's a Chinese.
She & another candidate were facing a "Pressure Test".
Each was asked, in turn, what the 20 ingredients were in a dish.
The moment one gave the wrong answer, the moment they're Eliminated.

With only 4-5 ingredients left to be named, Poh made a Fatal Mistake.
She was Over-confident.
So,instead of naming the obvious ingredients, she tried a harder one........
And she got it Wrong!
Even though she named, after being Eliminated, all the remaining ones Correct.

Another candidate, Justine, had never been required to attend a "Pressure Test".
But, she had faced her first one during the HK Super Challenge.
She kept telling the Judges that Asian Food was her Weakest Point.

The other candidate needed to attend the "Pressure Test" as Justine was concentrated.
Completely concentrated in tasting the dish she had to cook.

Unlike Justine, she had tasted the Duck, the Hoi Fung, the Vegetable, the Sauce etc.
Essentially, every single ingredient in the dish.
In the end, she'd won and Justine was Eliminated.
And what did Justine say to the Judges?

Again, she was not particular good at making the Asian Food!

In Life, there are always Winners and Losers.
And there are Always More Losers than Winners.

Because NOT everyone understands the Vital Importance of,
- Being Confident but NOT Over-confident; and
- Find Own Weakness and Improve if NOT Eliminate the Weakness.

And In Investment, one will be Punished Heavily for failing to understand the above.

Had Poh been More Humble......
Had Justine been More Prepared to Improve........

Do NOT Blame anyone.

Fate
You're the Master of your Own Life
www.myboysmyboss.blogspot.com

Sunday, June 21, 2009

As Expected

Finished watching the "Million Dollar Traders".

Things happened as Expected during the 2nd and the last episode.

The Eldest candidate was called into the Boss room.
He was quick to act, telling the Boss the trading experience had been very Stressful.
In fact, the last time he was so Stressful was when him having a Divorce!
So, he stated Himself that's the end of his day and it's time to go home.

He was Least Flexible, Least Humble and therefore was First to go as I Expected.
But at least he'd made a Smart Move at last,
"Firing Himself BEFORE being Fired!"

The Once Most Promising candidate had become the Most Distracting.
She was finally being asked to leave.
She cried as usual - though there was an Unusual Move later on.

3 other candidates leaving in support of her being Fired!

But then again, two of these three supportive male team members were Losing Money.
And were Pressurised to Perform Better.
And the third?
He actually liked the girl!

So, they're leaving as I Expected.
Because Money Losers and Lover needed to find an "Honourable Exit"
So that they could take the Compliment of being "True Friends".
(Rather than being Condemned for "True Losers")

So, 8-1-4 =........

And the remaining Three Stronger candidates?

As Expected........












They ALL performed Better than Most Professional Hedge Fund Managers!!

During the Most Violate 2-month investment history in UK, the Average Loss of a Hedge Fund was 5%.

And the Winning Three had :

1% Gain (a Straight A, 20-year-old Black, Male, University (Finance) student);

0.5% Gain (a Middle Aged Self Employed Single Mum with young twin daughters); and

1% Loss (a Middle Aged Early Retired Solider)


This has just proved again, AS EXPECTED,


Everyone has a Better Chance of Getting a Better Return for Themselves than any Faked Expert



Fate
Be Your Own Fund Manager
www.myboysmyboss.blogspot.com

Sunday, June 14, 2009

Learning

Time Flies.
It's more than two years ago that I started warning others about the coming CRASH in www.baby-kingdom.com.
It's more than two weeks ago that I started watching this "Million Dollar Traders."

Have you managed to view this UK made 3-part documentary?
What have you learnt?

The young man supervising the Candidates is only 29-year-old.
He's retired as a Millionaire after working only 8 years in the Investment industry.

And guess how many times he had went out his office to have a proper lunch?
Only.....







Twice in all these 8 years!


The Oldest Candidate in the group could NOT stand the Pressure.
He made the Fatal Mistake - Buying the share he should be Selling!
Within minutes, he knew he'd made a Major Mistake, so he immediately sold the share.
Still, he'd made an Instant Loss due to the Buying/Selling Price Difference.

The Most Promising Candidate (stood out during the Training)also could NOT cope.
She was seen trying to get the phone set, then, not, then trying to get it again, then not to....... She's Panic.
She'd LOST the Confidence in Herself!

And the reason that these two Candidates were so Stressed out?
Because they were pressurised to Invest - even when the markets gone Mad!

The Supervisor kept reminding them they'd to Invest - regardless of the Dramatic rise and fall of the market.
This documentary was filmed last Sept, when the two US Mortgage Giants fell.
And then the Lehman Brothers.
The market was so volatile, the UK Blue Chips easily rose and fell by 10-20% in a day!

Not only you've learnt that Making the Right Decision in Investing is a Ticket to Early Retirement,
But also the Tremendous Pressure one has to Face when one HAS to Invest on a regular basis.

(So, why Rushing to Invest your OWN Hard Earned Money? Why Buying/Selling every hour?)

And the Most Important thing one could learn is................




Fund Managers HAVE to invest - no matter how Volatile the markets are.
Because they've to make money, at least by...........


Charging you an Excessive Fee!!
Head, you lose.
Tail, they win.
They always win.

And if they do lose......they lose YOUR money ONLY - NOT theirs!

Fate
The Only Financial Expert is the Ripping Off Expert

Sunday, June 7, 2009

A Will & A Message

A HK friend advised me she could not view the "Million Dollar Traders" link due to HK & Australia are in different regions.

Still, she's found an Alternative Way to view it.

What about you?
Have you found a way to view the programme?

In the Investment World, you HAVE to find a way to get the Information.
Preferably, be the FIRST one to get the information.
And Ideally, Interpret the information Correctly, enabling you to make the Best Decision.

So, have you tried..............














YouTube?

I also got the following E Mail from another HK friend.
Which is very Typical HK one - Chinese + English!
See if you've got the message.

人生 –好笑篇

閉上眼好好 thinking,
人生就像一幅 painting,
點點滴滴如何 coloring,
還看你今怎樣 planning?

有人怨天尤人經常 crying,
有人餐搵餐食掛住 shopping,
有人遊戲人間鍾情 playing,
有人空談理想齋 talking;

也有人永不停步不斷 struggling,
像薛家燕雖然百病纏身令她 suffering,
但為了子女將來的美好 living,
依然不理手術後傷口仍在 paining,
繼續拍劇繼續 working,
令聞者 worrying,
聽者 touching
都說母愛永遠最是 shinning。

當時光列車不斷在身旁高速 passing,
頭上白髮告訴你青春不會 waiting,
你不期然開始 wondering,
為何幸運之神總是未有 coming,
前路彷彿有數之不盡的蕉皮令你 slipping,
成功的燈塔卻遠在天邊未能 climbing,
莫非永遠龍游淺水,就像那條座頭鯨 swimming

想當初百多元買入匯豐當作 saving,
誰知股票竟一再 falling,
怎不教人 shocking?
既然捉不到高位沽貨的 timing,
又經歷身家大縮水的 losing,
開始看透富貴只如天際 clouding,
這分鐘享受 winning,
下一秒卻只有 nothing。

何不找一個陽光普照的 morning,
走到郊外試試 hiking,
聽小鳥無愁地 singing,
看地上蟻群悠閒地 walking,
還有風聲蟬鳴蛙叫讓你 listening;
再放眼 looking,
天上飛鳥自在地 flying,
是不是很好 feeling?

誰說人生 boring?
看大自然的 amazing,
感受活的 pleasing!
來吧! do something!
不要沉迷於 drinking或sleeping,
總有目標讓你朝 running,
哪怕 dying,
哪怕 raining,
信自己是最 charming,
替自己在上預留 booking,
寫下無悔今生的 happy ending!
最後讓我們 ask for God's blessing!


Fate
As Long as there's a Will, there's a Way
www.myboysmyboss.blogspot.com

Thursday, June 4, 2009

Million Dollar Traders

I saw a very interesting TV programme on Tuesday night.

A UK made documentary about selecting 8 persons out of about 1,000 applicants.
These Lucky 8 (or Unlucky?), with different (some Interesting) backgrounds were then being trained to become a Fund Manager.

http://www.sbs.com.au/blogarticle/109701/Million-Dollar-Traders-3-part-series/blog/Documentaries-SBS

Although I've read some of the comments made by the viewers, it's obviously that these viewers have MISSED the point.

This programme has shown...........shared with you more after you've viewed the 1st episode.

See what you can learn from the programme.


Fate
Learning Real Skills from Real Situations