After watching Numb3rs Season 3 - Longshot, I review the lessons in this episode in this site
http://www.math.cornell.edu/~numb3rs/samuelson/last2/num306.html. The Arbitrage section was rather interesting.
I looked into our Singapore pool betting system particularly on the soccer bets where there are odds defined and true indeed, the reciprocal of the odds are always greater than 1.
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Friday, June 24, 2011
Monday, June 13, 2011
A Don't Know Mind
The whole world recognizes the beautiful as the beautiful but this is the only ugly;
The whole world recognizes the good as the good, yet this is only the bad. - Tao Te Ching
To know more, one need to have a don't know mind.
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The whole world recognizes the good as the good, yet this is only the bad. - Tao Te Ching
To know more, one need to have a don't know mind.
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Sunday, June 12, 2011
What are you carrying?
Two monks were traveling by foot in winter when they came upon a ford swollen by the rain. A pretty girl stood by the water, crying because she couldn't get across. One of the monks said, "Come on!" and scooping her up in his arms marched through the flood, put her down on the other side, and walked on. All day his companion fumed inside. Finally, when they stopped for the evening meal he burst out, "Why did you pick up that girl? You know monks aren't allowed to touch women. And she was pretty, as well!" To which his companion replied, "Why are you are still carrying her then?"
Saturday, June 11, 2011
Do you believe in ghosts?
Time flies and it's almost 2 months away that I have posted my last post in March. I did 2 months of CFA hibernation and finally, the exam is over. While at the library, I spotted a book staring at me - Zen Questions by Robert Allen. The book has lots of illustration and here is one that I like.
A man's wife lay dying. She loved her husband very much and made him promise never to remarry. She told him that, should he break his promise, she would return to haunt him. For some time the husband remained faithful but, being quite a young man, he felt the need of a wife. He met a girl he liked and decided to remarry. Immediately the ghost of his former wife started to appear to him. She not only berated him for his unfaithfulness but embarrassed him by recounting in great detail exactly what he and his new wife had been up to. In desperation the man sought help from a Zen priest. The priest told the man to put some dried beans in his pocket. The next time the ghost appeared he was to take a handful of beans, without looking, and challenge the ghost to tell him how many beans he held. If she could do it, he would leave his new wife, but if not, the ghost would have to stop bothering him. The man followed this advice and, as soon as he issued the challenge, the ghost let out a scream of anger and fled.
A man's wife lay dying. She loved her husband very much and made him promise never to remarry. She told him that, should he break his promise, she would return to haunt him. For some time the husband remained faithful but, being quite a young man, he felt the need of a wife. He met a girl he liked and decided to remarry. Immediately the ghost of his former wife started to appear to him. She not only berated him for his unfaithfulness but embarrassed him by recounting in great detail exactly what he and his new wife had been up to. In desperation the man sought help from a Zen priest. The priest told the man to put some dried beans in his pocket. The next time the ghost appeared he was to take a handful of beans, without looking, and challenge the ghost to tell him how many beans he held. If she could do it, he would leave his new wife, but if not, the ghost would have to stop bothering him. The man followed this advice and, as soon as he issued the challenge, the ghost let out a scream of anger and fled.
Wednesday, March 30, 2011
An Old Woman, Your Best Friend and Your Dream Girl
You are driving your 2 seater battery-powered buggy on a stormy evening round a remote area. In front of a buggy stop you saw three people. A sickly skinny old lady lying on a cardboard bed, your best friend who once saved your life and the lady(man) of your dreams. Your buggy is only strong enough to carry one more passenger. Who will you pick?
I post my views in April.
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I post my views in April.
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Wednesday, March 23, 2011
The Fisherman's Story
A boat docked in a tiny Mexican village.
An American tourist complimented the Mexican fisherman on the quality of his fish and asked how long it took him to catch them.
“Not very long,” answered the Mexican.
“But then, why didn’t you stay out longer and catch more?” asked the American.
The Mexican explained that his small catch was sufficient to meet his needs and those of his family.
The American asked, “But what do you do with all your time?”
“I sleep late, fish a little, play with my children, and take a siesta with my wife. In the evenings, I go into the village to see my friends, have a few drinks, play the guitar, and sing a few songs…I have a full life.”
The American interrupted, “I have an MBA from Harvard and I can help you!
You should start by fishing longer every day. You can then sell the extra fish you catch. With the extra revenue, you can buy a bigger boat. With the extra money the larger boat will bring, you can buy a second one and a third one and so on until you have an entire fleet of trawlers.
Instead of selling your fish to a middle man, you can negotiate directly with the processing plants and maybe even open your own plant.”
“You can then leave this little village and move to Mexico City, Los Angeles, or even New York City! From there you can direct your huge enterprise.”
“How long would that take?” asked the Mexican.
“Twenty, perhaps twenty-five years,” replied the American. “And after that?”
“Afterwards? That’s when it gets really interesting,” answered the American, laughing. “When your business gets really big, you can start selling stock and make millions!”
“Millions? Really? And after that?”
“After that — and this is the best part — you’ll be able to retire, live in a tiny village near the coast, sleep late, catch a few fish, take a siesta, and spend your evenings drinking and enjoying your friends!”
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An American tourist complimented the Mexican fisherman on the quality of his fish and asked how long it took him to catch them.
“Not very long,” answered the Mexican.
“But then, why didn’t you stay out longer and catch more?” asked the American.
The Mexican explained that his small catch was sufficient to meet his needs and those of his family.
The American asked, “But what do you do with all your time?”
“I sleep late, fish a little, play with my children, and take a siesta with my wife. In the evenings, I go into the village to see my friends, have a few drinks, play the guitar, and sing a few songs…I have a full life.”
The American interrupted, “I have an MBA from Harvard and I can help you!
You should start by fishing longer every day. You can then sell the extra fish you catch. With the extra revenue, you can buy a bigger boat. With the extra money the larger boat will bring, you can buy a second one and a third one and so on until you have an entire fleet of trawlers.
Instead of selling your fish to a middle man, you can negotiate directly with the processing plants and maybe even open your own plant.”
“You can then leave this little village and move to Mexico City, Los Angeles, or even New York City! From there you can direct your huge enterprise.”
“How long would that take?” asked the Mexican.
“Twenty, perhaps twenty-five years,” replied the American. “And after that?”
“Afterwards? That’s when it gets really interesting,” answered the American, laughing. “When your business gets really big, you can start selling stock and make millions!”
“Millions? Really? And after that?”
“After that — and this is the best part — you’ll be able to retire, live in a tiny village near the coast, sleep late, catch a few fish, take a siesta, and spend your evenings drinking and enjoying your friends!”
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The Best Month
I had trouble getting over this month. Firstly I cannot focus, which affected my meditation, my driving, my dealings with my love ones, my studies, my trading and mostly my confidence. Scenarios after scenarios are placed infront of me to test my reactions to them and largely I failed. What I did does not complement what I have been writing in my blog.
Everything I wrote in the blog is what I want to be. I thought I am there. I thought I was ready and unknowingly, this month came and tested me out. I failed and I realized I have alot more to learn. I got to pick myself up again so that I can prepare for another month like this and overcome every other month.
Just like the best friend is the friend who tells you your flaws, the best month is the month that let you realized your shortcomings.
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Everything I wrote in the blog is what I want to be. I thought I am there. I thought I was ready and unknowingly, this month came and tested me out. I failed and I realized I have alot more to learn. I got to pick myself up again so that I can prepare for another month like this and overcome every other month.
Just like the best friend is the friend who tells you your flaws, the best month is the month that let you realized your shortcomings.
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