The last part is here: Why I Am Not A Politician?
The Butterfly Effect
The idea that one butterfly could eventually have a far-reaching ripple effect on subsequent historic events first appears in "A Sound of Thunder", a 1952 short story by Ray Bradbury about time travel.
In 1961, Edward Lorenz was using a numerical computer model to rerun a weather prediction, when, as a shortcut on a number in the sequence, he entered the decimal 0.506 instead of entering the full 0.506127. The result was a completely different weather scenario. In 1963 Lorenz published a theoretical study of this effect in a well-known paper called Deterministic Nonperiodic Flow. (As noted in the paper, the calculations were performed on a Royal McBee LPD-30 computing machine.) Elsewhere he said that "One meteorologist remarked that if the theory were correct, one flap of a seagull's wings could change the course of weather forever." Following suggestions from colleagues, in later speeches and papers Lorenz used the more poetic butterfly. According to Lorenz, when he failed to provide a title for a talk he was to present at the 139th meeting of the American Association for the Advancement of Science in 1972, Philip Merilees concocted Does the flap of a butterfly’s wings in Brazil set off a tornado in Texas? as a title. Although a butterfly flapping its wings has remained constant in the expression of this concept, the location of the butterfly, the consequences, and the location of the consequences have varied widely.
The phrase refers to the idea that a butterfly's wings might create tiny changes in the atmosphere that may ultimately alter the path of a tornado or delay, accelerate or even prevent the occurrence of a tornado in another location. Note that the butterfly does not power or directly create the tornado. The flap of the wings is a part of the initial conditions; one set of conditions leads to a tornado while the other set of conditions doesn't. The flapping wing represents a small change in the initial condition of the system, which causes a chain of events leading to large-scale alterations of events (compare: domino effect). Had the butterfly not flapped its wings, the trajectory of the system might have been vastly different - it's also possible that the set of conditions without the butterfly flapping its wings is the set that leads to a tornado.
Butterfly Upon A Wheel
"Who breaks a butterfly upon a wheel?" is a quotation – sometimes misquoted with "on" in place of "upon" – from Alexander Pope's "Epistle to Dr Arbuthnot" of January 1735. It alludes to "breaking on the wheel", a form of torture in which victims had their long bones broken by an iron bar while tied to a Catherine wheel.
The line "Who breaks a butterfly upon a wheel?" forms line 308 of the "Epistle to Dr Arbuthnot" in which Alexander Pope responded to his physician's word of caution about making satirical attacks on powerful people by sending him a selection of such attacks. It appears in a section on the courtier John Hervey, 2nd Baron Hervey, who was close to Queen Caroline and was one of Pope's bitterest enemies.
The section opens as follows:
Let Sporus tremble –"What? that thing of silk,
Sporus, that mere white curd of ass's milk?
Satire or sense, alas! can Sporus feel?
Who breaks a butterfly upon a wheel?"
Yet let me flap this bug with gilded wings,
This painted child of dirt that stinks and stings;
Whose buzz the witty and the fair annoys,
Yet wit ne'er tastes, and beauty ne'er enjoys,
Sporus, a homosexual favoured by Emperor Nero, was, according to Suetonius, castrated by the emperor, and subsequently married. Pope here refers to accusations made in Pulteney's Proper reply to a late scurrilous libel of 1731 which led to Hervey challenging Pulteney to a duel. Hervey's decade long clandestine affair with Stephen Fox would eventually contribute to his downfall. As first published the verse referred to Paris, but was changed to Sporus when republished a few months later.
The last time I wrote about the young man who was a Tunisian street vendor who set himself on fire on 17 December 2010, in protest of the confiscation of his wares and the harassment and humiliation that he reported was inflicted on him by a municipal official and her aides. The simple but deadly act set off a change of political leaderships throughout the Arab World and was later known collectively as the Arab Spring. This is the butterfly effect.
Now they classified the Roy boy's effort as the butterfly on the wheel. How silly of them! Kill the chicken and frighten the monkeys. The self-pawned joke is that the monkey is never harmed in any case but scared off till another day of reckoning. In all cases, the butterfly is weak and fragile. If one crashes the butterfly on the wheel and most of the time, nothing would really happen. But, sometimes with the right conditions, this butterfly may turn in a butterfly effect. The old fucken knew about its dreadful effects, but not the younger fuckens. The old fucken had meticulously stamped out all possible trouble-makers, hence, the apparent peace before the huge storm. Given more time, one true butterfly would appear. Till then, SYB - Suffer You Bastards.
Grief and doom aside. There is a lesson to be learnt. In business too, never look down on any tiny business proposals, they might be the one that brings you absolute happiness. Because the nature of these tiny proposals are humble in the beginning, the start-up cost is going to be very low. They are therefore durable and hardy to environmental factors. Their survival rates are deemed the best.
Although I have taken a big hit on a stalling of a major project, I was given another tiny window to play a similar game. I am satisfied that my losses in time would be returned to me, though it might take a longer time.
Because my investments are very low and do not involved the banks. I am not too stressed by the current losses. I was too ambitious. I have to re-examined my priority.
Tengri is very fair. Play a playful game, my ass would be wiped. Play it fair and small. Slow rewards but safe passages. Maybe it's time for me to consider loving myself more.
Sunday, 22 June 2014
Friday, 20 June 2014
b.Every a Big Project falls
The last part is here: Business Jinx
Sigh ... Sad, sad, sad ... One of my big projects is postponed indefinitely.
There is a damage hit and I am now licking my wound.
Keeping it in view lor. Painful.
Hope I can return to it fastest.
As Tengri is great, he will always open a small window for me. Love my Tengri deep deep.
The other small project of white rental property is also off. Can't trust the fuckers.
In white land, it is important to note than rental properties are not great assets. Only in Asian markets can one be more certain. The reason being that the white properties are normally made of paper. It is useless running them. It costs too much to maintain and pay taxes.
Working off the land is still the safest path for me. Love myself. In land, even if you don't have power or water, you can still depend on Tengri to supply the plants with water and sunshine. You only need to bring in the seeds and fertilizers. It is that simple. Without roads, no problem. The seeds are light. No power, no problem. Stay warm in town. The plants don't need warmth all the time. When it is time to grow, the plants will grow. You just need to own the land. Even planting trees is super lucrative. Ask any Malaysians, they will tell you. You can harvest teak in 7-8 years.
I am now in battle mode. In battle mode, I am not allowed to go into depression.
Even if I were to fall now, I don't really care. I build my own reality. A friend just told me that I am beginning to look like a scavenger. I asked really? She said in no uncertained term that I am looking more and more like her father. Every 5 years, changes to a smaller car and smaller house. Fuck her! She is so sharp.
Sigh ... Sad, sad, sad ... One of my big projects is postponed indefinitely.
There is a damage hit and I am now licking my wound.
Keeping it in view lor. Painful.
Hope I can return to it fastest.
As Tengri is great, he will always open a small window for me. Love my Tengri deep deep.
The other small project of white rental property is also off. Can't trust the fuckers.
In white land, it is important to note than rental properties are not great assets. Only in Asian markets can one be more certain. The reason being that the white properties are normally made of paper. It is useless running them. It costs too much to maintain and pay taxes.
Working off the land is still the safest path for me. Love myself. In land, even if you don't have power or water, you can still depend on Tengri to supply the plants with water and sunshine. You only need to bring in the seeds and fertilizers. It is that simple. Without roads, no problem. The seeds are light. No power, no problem. Stay warm in town. The plants don't need warmth all the time. When it is time to grow, the plants will grow. You just need to own the land. Even planting trees is super lucrative. Ask any Malaysians, they will tell you. You can harvest teak in 7-8 years.
I am now in battle mode. In battle mode, I am not allowed to go into depression.
Even if I were to fall now, I don't really care. I build my own reality. A friend just told me that I am beginning to look like a scavenger. I asked really? She said in no uncertained term that I am looking more and more like her father. Every 5 years, changes to a smaller car and smaller house. Fuck her! She is so sharp.
Tuesday, 17 June 2014
b.Passion Business II - The Connection Needed
The last part is here: Passion Business II - How to Grow Ginseng
The best part is that I am buying a cute little land to plant this marvel this winter. Nice price and I am going to ace it.
The next best part is that I have rented a little 10-acre nursery for $200 per year for the next 10 years. Imagine the fun I am going to get. On top of that, they throw in an alpaca barn farm for free. They simply wants me to rent their premises and occupy it and pay their taxes.
I am now securing the seedlings from the white land to start the game. Hopefully the returns of $20-30k per acre comes true.
On top of that, they wanted me to try to help them build a fresh water fish farm. Nice farmers, nice lands, nice projects.
The last best thing I heard for the day is that many lands are now selling for a song as their parents all died on them (i.e., 1920s-1930s). Over the next 15 years, many more baby boomers have to die and transfer their land holdings to their city-bound kids and most kids can't pay their huge estate taxes and they have no choice but to sell their lands on the cheap to pay for their taxes.
This is how good the news over the day.
Today every white is having a dying parent with huge land reserves and they all smiled at me hoping to find me renting their lands on the cheap. But, I am a cheapo. I don't rent lands even if it is near free. I don't want to help them on their property taxes. I want them to sell on the cheap.
I am know to pay only on average 25% of the market value and nothing more. That's how bastardy I am. I am also succeeding. A devil is not a fun guy to play with.
The best part is that I am buying a cute little land to plant this marvel this winter. Nice price and I am going to ace it.
The next best part is that I have rented a little 10-acre nursery for $200 per year for the next 10 years. Imagine the fun I am going to get. On top of that, they throw in an alpaca barn farm for free. They simply wants me to rent their premises and occupy it and pay their taxes.
I am now securing the seedlings from the white land to start the game. Hopefully the returns of $20-30k per acre comes true.
On top of that, they wanted me to try to help them build a fresh water fish farm. Nice farmers, nice lands, nice projects.
The last best thing I heard for the day is that many lands are now selling for a song as their parents all died on them (i.e., 1920s-1930s). Over the next 15 years, many more baby boomers have to die and transfer their land holdings to their city-bound kids and most kids can't pay their huge estate taxes and they have no choice but to sell their lands on the cheap to pay for their taxes.
This is how good the news over the day.
Today every white is having a dying parent with huge land reserves and they all smiled at me hoping to find me renting their lands on the cheap. But, I am a cheapo. I don't rent lands even if it is near free. I don't want to help them on their property taxes. I want them to sell on the cheap.
I am know to pay only on average 25% of the market value and nothing more. That's how bastardy I am. I am also succeeding. A devil is not a fun guy to play with.
Monday, 16 June 2014
g.Sexual Harassment
The last part is here: Skirt-Chasing - Bluff the Gal a Dream
Fuck her ... I am of medieval age lah. How on earth does she think she can sexually harass me? (shake head)
I am currently in the thick of building my business. I have no time for such rubbish. I may be alone, but I am no mood for sex. I have far better choice.
She chatted me up. Asked for my phone number. We were casually talking over the counter with ten good feet between us. After less than 5 minutes, she threw away the counter and came straight for me. Dai lo ... too fast liao. She would laugh happily and tried to put her hand on my shoulder. I withdrew straight away and ended the conversation after 15 minutes.
I am no easy meat. She told me she was 22 yo and in need of help.
Sometimes being a good Samaritan and friendly neighbour is unhealthy. I better stick to my igloo and my pet bear.
Fuck her ... I am of medieval age lah. How on earth does she think she can sexually harass me? (shake head)
I am currently in the thick of building my business. I have no time for such rubbish. I may be alone, but I am no mood for sex. I have far better choice.
She chatted me up. Asked for my phone number. We were casually talking over the counter with ten good feet between us. After less than 5 minutes, she threw away the counter and came straight for me. Dai lo ... too fast liao. She would laugh happily and tried to put her hand on my shoulder. I withdrew straight away and ended the conversation after 15 minutes.
I am no easy meat. She told me she was 22 yo and in need of help.
Sometimes being a good Samaritan and friendly neighbour is unhealthy. I better stick to my igloo and my pet bear.
Sunday, 15 June 2014
g.Show - 非诚勿扰 (2014)
The last part is here: Show - 非诚勿扰
The show is here: 非诚勿扰 (2014)
Hehehe ... To fight depression, I have been watching day and night the show.
The show is so interesting. You would find lots of assholes and nasty characters. You will see it in both guys and gals alike. There are goodies and there are nasties. I guess in life it is also the same.
I am going to embark on the largest project in my life and I have chosen too my partner-in-crime for the implementation.
I don't know what the future holds. But I am willing to give it a go.
Life is very short. I have already walk more than half way through. I don't want to keep guessing. I am going to go with the heart. Hopefully one day I can proudly proclaim that there is goodness left in the human race.
I just want to listen to a song: 新鸳鸯蝴蝶梦
昨日像那东流水离我远去不可留今日乱我心多烦忧
抽刀断水水更流举杯消愁愁更愁明朝清风四飘流
由来只闻新人笑有谁听到旧人哭爱情两个字好辛苦
是要问一个明白还是要装作糊涂知多知少难知足
看似个鸳鸯蝴蝶不应该的年代可是谁又能摆脱人世间的悲哀
花花世界鸳鸯蝴蝶在人间已是癫何苦要上青天不如温柔同眠
I still like 笑傲江湖 (粤版)
愿那风是我愿那月是我柳底飞花是我对酒当歌做个洒脱的我不理世界说我是何只要 ... 重做个真的我回问那假的我半生为何眠后醉醉后眠眠后再醉又眠岂求什么重做个真 ... 江湖笑.
How many of us can truly do the ultimate 笑傲江湖 ... ?
Let's enjoy the show ...
The show is here: 非诚勿扰 (2014)
Hehehe ... To fight depression, I have been watching day and night the show.
The show is so interesting. You would find lots of assholes and nasty characters. You will see it in both guys and gals alike. There are goodies and there are nasties. I guess in life it is also the same.
I am going to embark on the largest project in my life and I have chosen too my partner-in-crime for the implementation.
I don't know what the future holds. But I am willing to give it a go.
Life is very short. I have already walk more than half way through. I don't want to keep guessing. I am going to go with the heart. Hopefully one day I can proudly proclaim that there is goodness left in the human race.
I just want to listen to a song: 新鸳鸯蝴蝶梦
I still like 笑傲江湖 (粤版)
How many of us can truly do the ultimate 笑傲江湖 ... ?
Let's enjoy the show ...
Friday, 13 June 2014
p.Things Take Time
The last part is here: The Path To Be
Always I try to rush, rush, rush. Not every time I could end well. Always things that I have rushed ended not so ideal. The results are nonetheless so-so.
The best results are always things that I don't even noticed and concerned with. Maybe because these assets were fully paid up and there was no need for concern. In the end, these assets became so pleasingly lucrative.
Now I am very stuck. I have great plans to acquire a big piece this winter (I love winter, winter is a very sad time for everyone) and I do have the dollars for it. But, hmmm ... There are so many options. Some are great for long term, but short on short term. Some are great for short term, but weak in longer term. 取舍, what a lovely combination.
As an investor, 取舍 is so important that even if you 取, it doesn't mean you will win. OR 舍, it doesn't mean you will lost them all. One has to conserve bullets, all the time, but yet at the same time, must find a way to regenerate these bullets. So very interesting.
My current problem is I simply don't have enough shorts to generate my longs. But, if I concentrate on my shorts, I would miss out on the longs. 16 years from 2009 is a very short time. A 5-year time has already gone. I may not have enough cash to close all my deals.
Interesting time ahead ...
I hope one day I have gained enough to start my support group to those that have helped me along my path. They may not know that they have helped me. But I can't feign my knowledge. This is down-right disgusting. I pray for their good health and happiness.
These people are not stupid. They lay no blame on the fuckens. They only accept what fate has delivered. I respect their guts to face life in its starkness. In truth, how many people are so honest like them. I didn't help enough this last round. I will try to do better the next round.
Always I try to rush, rush, rush. Not every time I could end well. Always things that I have rushed ended not so ideal. The results are nonetheless so-so.
The best results are always things that I don't even noticed and concerned with. Maybe because these assets were fully paid up and there was no need for concern. In the end, these assets became so pleasingly lucrative.
Now I am very stuck. I have great plans to acquire a big piece this winter (I love winter, winter is a very sad time for everyone) and I do have the dollars for it. But, hmmm ... There are so many options. Some are great for long term, but short on short term. Some are great for short term, but weak in longer term. 取舍, what a lovely combination.
As an investor, 取舍 is so important that even if you 取, it doesn't mean you will win. OR 舍, it doesn't mean you will lost them all. One has to conserve bullets, all the time, but yet at the same time, must find a way to regenerate these bullets. So very interesting.
My current problem is I simply don't have enough shorts to generate my longs. But, if I concentrate on my shorts, I would miss out on the longs. 16 years from 2009 is a very short time. A 5-year time has already gone. I may not have enough cash to close all my deals.
Interesting time ahead ...
I hope one day I have gained enough to start my support group to those that have helped me along my path. They may not know that they have helped me. But I can't feign my knowledge. This is down-right disgusting. I pray for their good health and happiness.
These people are not stupid. They lay no blame on the fuckens. They only accept what fate has delivered. I respect their guts to face life in its starkness. In truth, how many people are so honest like them. I didn't help enough this last round. I will try to do better the next round.
Wednesday, 11 June 2014
a.The Ah Ma Who Sold Stuff on the Streets of Orchard Road has Passed Away
The last part was here: Article - Unwilling to Burden Family
Dear The Real Singapore,
I refer to your earlier article: "DEAR TRS, PLEASE HELP THE OLD LADY SELLING THINGS OUTSIDE CINELEISURE!"
This old ah ma is always sell things outside cineleisure at orchard road and one of your readers shared the article saying that she looks very ill and is coughing very badly on the streets despite trying her best to earn a living at such a old age. She has been selling stuff on the streets outside Cineleisure for many years already despite being 80+ years old. The reader also complained that why isn't the government helping her. He asked her stop selling if she is not feeling well but she told him that she can't cause she need to pay for her medical bills. She is still selling there now and vomitting beside her at the same time.
I went there yesterday wanting to find the old aunty and pass her some money but I couldn't find her there anymore. Today I saw a update from Project Awareness - Share & Walk with me that broke my heart: A very shocking news, maybe in this morning for those who read our post at Project Awareness. The old lady selling her stuffs outside Orchard Cineleisure passed away today at 00.06am. It is sad to break this news to all our supporters and friends, but let give her a LIKE for all the memories she given to us at Orchard Cineleisure.
Message from Tere Han: Zheng po po passed away today at SGH. Hope she really gave you guys memories of Aunty Cineleisure. Guess she is now in the good hands of (God/Lao Tian Ye/Allah) whatever. Hope she rest in peace and move on to afterlife to find peace and hope.
Read about this old lady story: http://tinyurl.com/k98madx
May this lovely old lady rest in peace and thank you the chatting sessions that I used to had with you. 一路好走!
Remember to share Project Helping Hand and walk with us in Project Awareness. A little thought can mean so much!
Elson Soh 苏奕铨
Founder of Project Awareness - Share & Walk with me
(Updated on 11 June 2014 00.06)
Another super sad day for me after reading this news. I wish I could only help. 屌你老母臭化閪 ...扑你个街 ... I will do my utmost to let the poor find a better place. These 冇屎忽畜类 really 衰到贴地. 偷呃拐骗, 生安白造 ... everything also can do. 冚家剷吾係粗口, 扑你個臭街都唔係, 屌鳩撚柒閪先係. Amazing I am able to witness such low-lives. Not only back there, but in white land as well. I guess low-lives are everywhere. It is good to avoid them totally.
Dear The Real Singapore,
I refer to your earlier article: "DEAR TRS, PLEASE HELP THE OLD LADY SELLING THINGS OUTSIDE CINELEISURE!"
This old ah ma is always sell things outside cineleisure at orchard road and one of your readers shared the article saying that she looks very ill and is coughing very badly on the streets despite trying her best to earn a living at such a old age. She has been selling stuff on the streets outside Cineleisure for many years already despite being 80+ years old. The reader also complained that why isn't the government helping her. He asked her stop selling if she is not feeling well but she told him that she can't cause she need to pay for her medical bills. She is still selling there now and vomitting beside her at the same time.
I went there yesterday wanting to find the old aunty and pass her some money but I couldn't find her there anymore. Today I saw a update from Project Awareness - Share & Walk with me that broke my heart: A very shocking news, maybe in this morning for those who read our post at Project Awareness. The old lady selling her stuffs outside Orchard Cineleisure passed away today at 00.06am. It is sad to break this news to all our supporters and friends, but let give her a LIKE for all the memories she given to us at Orchard Cineleisure.
Message from Tere Han: Zheng po po passed away today at SGH. Hope she really gave you guys memories of Aunty Cineleisure. Guess she is now in the good hands of (God/Lao Tian Ye/Allah) whatever. Hope she rest in peace and move on to afterlife to find peace and hope.
Read about this old lady story: http://tinyurl.com/k98madx
May this lovely old lady rest in peace and thank you the chatting sessions that I used to had with you. 一路好走!
Remember to share Project Helping Hand and walk with us in Project Awareness. A little thought can mean so much!
Elson Soh 苏奕铨
Founder of Project Awareness - Share & Walk with me
(Updated on 11 June 2014 00.06)
Another super sad day for me after reading this news. I wish I could only help. 屌你老母臭化閪 ...扑你个街 ... I will do my utmost to let the poor find a better place. These 冇屎忽畜类 really 衰到贴地. 偷呃拐骗, 生安白造 ... everything also can do. 冚家剷吾係粗口, 扑你個臭街都唔係, 屌鳩撚柒閪先係. Amazing I am able to witness such low-lives. Not only back there, but in white land as well. I guess low-lives are everywhere. It is good to avoid them totally.
a.The "Oracle of Omaha" of the East has Spoken
The last part is here: Property Investment - White Knights
'China's Warren Buffett' Selling Off His China Assets
On the 8th of Jun 2014, Pacific Century Premium Developments and PCCW announced they had signed an agreement to sell Pacific Century Place. The disposal of a landmark project in the center of Beijing—two office buildings, two blocks of serviced apartments, and a mall—confirmed that Li Ka-shing undefined and son Richard have turned bearish on Chinese real estate. Li, reputed to be the richest man in Asia, and his family have been on a selling spree in Mainland China since last August. During that time, “Superman,” his nickname because of an almost-infallible sense of market timing, has unloaded Guangzhou’s Metropolitan Plaza, Shanghai’s Oriental Financial Center, and Nanjing’s International Financial Center. With Richard’s disposal of Beijing’s Pacific Century Place, the Li family has reportedly sold about $2.9 billion of Chinese property in less than a year.
'China's Warren Buffett' Selling Off His China Assets
On the 8th of Jun 2014, Pacific Century Premium Developments and PCCW announced they had signed an agreement to sell Pacific Century Place. The disposal of a landmark project in the center of Beijing—two office buildings, two blocks of serviced apartments, and a mall—confirmed that Li Ka-shing undefined and son Richard have turned bearish on Chinese real estate. Li, reputed to be the richest man in Asia, and his family have been on a selling spree in Mainland China since last August. During that time, “Superman,” his nickname because of an almost-infallible sense of market timing, has unloaded Guangzhou’s Metropolitan Plaza, Shanghai’s Oriental Financial Center, and Nanjing’s International Financial Center. With Richard’s disposal of Beijing’s Pacific Century Place, the Li family has reportedly sold about $2.9 billion of Chinese property in less than a year.
Li did not earn his nickname for nothing. He
started as a salesman of plastic flowers and bought big in the wake of
riots in Hong Kong at the time of China’s Cultural Revolution, snapping
up bargains. He was also an early investor in Mainland China, jumping in before it became fashionable. That proved to be smart. He has, wrote one observer, “a record of being able to predict the mainland property market.”
Li’s maneuvers are now considered a leading indicator. So what is the significance of his recent sales? He
told the respected Caixin website, just before the Pacific Century
Place announcement, that the disposals of properties in China were
“sell-high-buy-low” moves. As he noted, “The talk of our disinvestment is a big joke.”
Yet Li, No. 20 on last month’s Forbes rich list with a fortune of $31.0 billion, is selling in China and not buying. And it looks like he is leaving not a moment too soon. Dongfang Daily, a Chinese paper, quotes an unnamed “industry insider” who tells us Superman “will always sell his assets two to three years ahead of crises.”
This time, the crisis will surely hit sooner than that. Why? Values are already tumbling. The sales price for Pacific Century Place, for instance, is thought to be 30% lower than last year’s asking price.
Now that Li is moving out of major China developments, others will probably take the hint. “Why would you buy anything when Li Ka-shing is selling?” asks Euromoney. The magazine posed the question in connection with Li dumping assets in his home base, Hong Kong. There, he has gone on another “de-risking” binge, with among other things, an initial public offering of Power Assets Holdings ,
a sale of a 24.95% interest in retailer AS Watson, and a disposal of a
60% stake in Terminal 8 West in the Kwai Tsing container port, all this
year. Li also tried to offload supermarket chain ParknShop last year, but the effort failed.
In March, Li made it clear that just about everything was for sale in the next 12 months. “We will not rule out the option,” he said.
It would be nice to think that Li, an octogenarian,
is dumping assets at the end of an illustrious career so that his China
sales say more about him than the state of the Mainland property
market. Yet Li is busy redeploying assets to Europe, indicating he is not exactly contemplating retirement. And
in some ways the Hong Kong disposals are an added indication of his
bearishness because the city’s economy is so tightly bound to the rest
of China these days.
That’s why Simon Black, an investor and entrepreneur, looks correct. “Li wants out of China,” he writes. “All of it.” Superman’s sudden move out of Chinese property has been termed an “evacuation,” and it looks like he hopes to get out of the rest of his Chinese investments too. Li, for instance, has been progressively selling his stock in ChangYuan Group, a Shanghai-listed electronics manufacturer based in Guangdong province. When viewed in connection with his Mainland China and Hong Kong disposals, this move looks part of a relentless trend.
The Chinese themselves see special significance in Superman’s sales. Wang Shi, chairman of China Vanke , China’s largest home builder, says the sell-off of “the smart Mr. Li” is a warning. Critic Luo Zhiyuan said the sales imply “the coming of a crisis.”
We should probably take our cue from the man called “the Warren Buffett of China.” After all, the Chinese Buffett is unloading his China assets.
Mr Li Ka Shing is a clever man. He single-handedly built his empire from the 60s-70s. He was early in his game. Now he has huge number of financial analysts to read for him, he is now more invincible than ever.
Typically Asia will feel the crisis 2 to 3 years after the USA or Europe felt it. The reason is simple: There is always enough juice to fund the Asian markets for a while from USA or Europe's sales proceeds, before the Asian markets ran out of juice too. From the depth of the USA crisis in Mar 2009 to now 2014, the Asian crisis is now long overdue in outing.
Soon this Asian tsunami is going to whip the asses of all fuckens. As I have always said, this is a rather fair world. You fucked others before, you will get fucked in return. That's what life is all about.
Buy assets only during the bitterest winters. In your terms, buy during the ghost months. Buy during the deadest part of the year - July-September. Buy cash please.
I know life is bitter if we choose to label it so. But, there is always a choice. A choice that we can call it our own. I have made that choice my own.
Depression or self-hate, I don't care, I build my own reality. May Tengri bless those who have been honest and kind. In times of darkness, may there be light and warmth in the cold tunnel ... In time, may we all understand the meaning of living a full life.
Mr Li Ka Shing is a clever man. He single-handedly built his empire from the 60s-70s. He was early in his game. Now he has huge number of financial analysts to read for him, he is now more invincible than ever.
Typically Asia will feel the crisis 2 to 3 years after the USA or Europe felt it. The reason is simple: There is always enough juice to fund the Asian markets for a while from USA or Europe's sales proceeds, before the Asian markets ran out of juice too. From the depth of the USA crisis in Mar 2009 to now 2014, the Asian crisis is now long overdue in outing.
Soon this Asian tsunami is going to whip the asses of all fuckens. As I have always said, this is a rather fair world. You fucked others before, you will get fucked in return. That's what life is all about.
Buy assets only during the bitterest winters. In your terms, buy during the ghost months. Buy during the deadest part of the year - July-September. Buy cash please.
I know life is bitter if we choose to label it so. But, there is always a choice. A choice that we can call it our own. I have made that choice my own.
Depression or self-hate, I don't care, I build my own reality. May Tengri bless those who have been honest and kind. In times of darkness, may there be light and warmth in the cold tunnel ... In time, may we all understand the meaning of living a full life.
Tuesday, 10 June 2014
p.If You Are Down and Out ...
The last part is here: Show - Steve Jobs
If you are down and out ...
What a question !?! This is killer.
There is clearly a difference between brute stubbornness and misguided faith. Not everything you can stubbornly grind at the stone and it will succeed in the end. There are things out there that are vicious and of violent nature. They are fuckens at their very best.
If you encounter this group of people, be nice, just quit. Don't burn your life force over a lost cause. You can never win. Even if you can win, there would still be another time, another engagement that these fuckens can fuck you.
Am I a defeatist? Surely not. I just choose my own battle ground and I choose my own battle formations.
If you had studied carefully, fuckens came from very established backgrounds, if you don't have these advantages. Please don't fight them. You are not strong enough.
Then what should you do if you can't leave the battle ground? There is no such thing. You can always choose to leave. It is always your choice.
In the event if you truly can't leave, that fight a very slow attrition war. Be stealthy. Be nibble. Be invisible. The success is in the invisibility.
This is a very old worn record ... It is timeless. It is perfect. This battle is never won by loudness.
If you are down and out ...
What a question !?! This is killer.
There is clearly a difference between brute stubbornness and misguided faith. Not everything you can stubbornly grind at the stone and it will succeed in the end. There are things out there that are vicious and of violent nature. They are fuckens at their very best.
If you encounter this group of people, be nice, just quit. Don't burn your life force over a lost cause. You can never win. Even if you can win, there would still be another time, another engagement that these fuckens can fuck you.
Am I a defeatist? Surely not. I just choose my own battle ground and I choose my own battle formations.
If you had studied carefully, fuckens came from very established backgrounds, if you don't have these advantages. Please don't fight them. You are not strong enough.
Then what should you do if you can't leave the battle ground? There is no such thing. You can always choose to leave. It is always your choice.
In the event if you truly can't leave, that fight a very slow attrition war. Be stealthy. Be nibble. Be invisible. The success is in the invisibility.
This is a very old worn record ... It is timeless. It is perfect. This battle is never won by loudness.
Monday, 9 June 2014
p.The Path Least Trodden is Not a Straight Path
The last part is here: Philosophy of Business
This is always a (legendary) Harvard Business School's first lesson:
The Art Of Possibility
By Benjamin & Rosamund Stone Zander, (2000) Harvard Business School Press I. It's All Invented: "A shoe factory sends two marketing scouts to a region of Africa to study the prospects for expanding business. One sends back a telegram saying, “Situation hopeless, stop, no one wears shoes.” The other writes back triumphantly, “Glorious business opportunity, stop, they have no shoes!”
This is what we all have the ability to do. Life experiences come to us in sequence: First, our senses bring us selective information about what is out there; Second, the brain constructs its own simulation of the sensations; and only then, Third, do we have our first conscious experiences of our milieu… thinking outside of the lines, or boxes that we traditionally live in. Here's how to practice that step. Simply ask yourself this question; “What assumptions am I making that I'm not aware I'm making, that gives me what I see?” When you have the answer to that question then ask yourself; “What might I now invent, that I haven't invented, that would give me other choices?”
This is a very difficult decision: I am into this new business and found that no one is doing it, therefore I have a chance. OR is it that every other person has tried this business before and failed, that is the reason why I am all alone still, stupidly trying out a joke, that is doomed to fail.
Same, same for the path least trodden. I might have walked the path least trodden, it doesn't mean that it is a straight-forward path. Right now, I have to start walking sideways before I can walk straight again later. If I have youth on my side, I would have no problem, but I don't.
The commencement of another project has begun. Let's see how far this project will take me.
This is always a (legendary) Harvard Business School's first lesson:
The Art Of Possibility
By Benjamin & Rosamund Stone Zander, (2000) Harvard Business School Press I. It's All Invented: "A shoe factory sends two marketing scouts to a region of Africa to study the prospects for expanding business. One sends back a telegram saying, “Situation hopeless, stop, no one wears shoes.” The other writes back triumphantly, “Glorious business opportunity, stop, they have no shoes!”
This is what we all have the ability to do. Life experiences come to us in sequence: First, our senses bring us selective information about what is out there; Second, the brain constructs its own simulation of the sensations; and only then, Third, do we have our first conscious experiences of our milieu… thinking outside of the lines, or boxes that we traditionally live in. Here's how to practice that step. Simply ask yourself this question; “What assumptions am I making that I'm not aware I'm making, that gives me what I see?” When you have the answer to that question then ask yourself; “What might I now invent, that I haven't invented, that would give me other choices?”
This is a very difficult decision: I am into this new business and found that no one is doing it, therefore I have a chance. OR is it that every other person has tried this business before and failed, that is the reason why I am all alone still, stupidly trying out a joke, that is doomed to fail.
Same, same for the path least trodden. I might have walked the path least trodden, it doesn't mean that it is a straight-forward path. Right now, I have to start walking sideways before I can walk straight again later. If I have youth on my side, I would have no problem, but I don't.
The commencement of another project has begun. Let's see how far this project will take me.
p.Personal Depression
The last part is here: Article - Unwilling to Burden Family
To live alone is very depressing. One has to have steel nerves and empty heart. Emotionally, one must be empty. No urge to fight the sadness and enjoy everyday's little things. Now is still summer. Things are still lively. Once the winter sets in, the emotional disposition would be more dangerously tested.
BIrds are chirpy everywhere. I should feel very good, but I don't feel good at all.
There must be a place or thing I must do inorder to break out of this emotional depression. This is a true test of a guy who has nothing.
Since I have nothing to begin with, then why should I fear losing it all. I had none to begin with. Maybe I do have something. What is this something then ...
Maybe I yearn human touch. LOL. Never mind, tomorrow is again a new day.
To live alone is very depressing. One has to have steel nerves and empty heart. Emotionally, one must be empty. No urge to fight the sadness and enjoy everyday's little things. Now is still summer. Things are still lively. Once the winter sets in, the emotional disposition would be more dangerously tested.
BIrds are chirpy everywhere. I should feel very good, but I don't feel good at all.
There must be a place or thing I must do inorder to break out of this emotional depression. This is a true test of a guy who has nothing.
Since I have nothing to begin with, then why should I fear losing it all. I had none to begin with. Maybe I do have something. What is this something then ...
Maybe I yearn human touch. LOL. Never mind, tomorrow is again a new day.
Sunday, 8 June 2014
b.Property Investment - White Knights
The last part is here: Megatrend - Depression Pushing Through
Finally I am back to my cave. So nice to be home, sweet home. The plane had only 150 passengers, of whom only 5 are yellowskins, i.e., 3%. This is an important percentage. It meant that the yellowskins are not here to push up the property prices. The whites are stuck in their own problems.
Just when I thought I got killer investments in Malaysia, the white agents gave me offers I cannot refuse.
The depression continued to bite. ECB moves deposit rate into negative territory for the first time, as of 05 June 2014, hoping to avoid a Japan's lost decade. This is how serious the case of massive quantitative easing is.
The average return-on-investment in Malaysia is 8 years. I thought I was brillant. How wrong!
The white properties are giving me a return-on-investment of 2 years. This is really a joke. I can't believe my own eyes. Now I have to count my chickens and eggs and hatching them. Shit! I got so little money.
My partner-in-crime always remind me that in every investment, we must always consider its return-on-investment and that return-on-investment must also be immediate. He is wise beyond his years.
Finally I am back to my cave. So nice to be home, sweet home. The plane had only 150 passengers, of whom only 5 are yellowskins, i.e., 3%. This is an important percentage. It meant that the yellowskins are not here to push up the property prices. The whites are stuck in their own problems.
Just when I thought I got killer investments in Malaysia, the white agents gave me offers I cannot refuse.
The depression continued to bite. ECB moves deposit rate into negative territory for the first time, as of 05 June 2014, hoping to avoid a Japan's lost decade. This is how serious the case of massive quantitative easing is.
The average return-on-investment in Malaysia is 8 years. I thought I was brillant. How wrong!
The white properties are giving me a return-on-investment of 2 years. This is really a joke. I can't believe my own eyes. Now I have to count my chickens and eggs and hatching them. Shit! I got so little money.
My partner-in-crime always remind me that in every investment, we must always consider its return-on-investment and that return-on-investment must also be immediate. He is wise beyond his years.
Monday, 2 June 2014
b.A Home an Investment?
The last part is here: A Property is a Property is a Property
Years ago, I made one of the most stupid mistakes on earth: I listened to the garmen.
The garmen told me that a property, not only can be a home, it could also be an investment. So I went to buy a house and I lived in it. A few years later, my house has appreciated in value and I also got a promotion. The banker told me that I am worth it.
I bought a bigger house and I stayed in it. I not only got a bigger house, my net worth has gone up by a quantum. This net worth could never be saved by me throughout my lifetime. My instalments were paid for by my salary. I was brilliant.
Another few years later, I again got a promotion. My banker once again told me the same fairy tale that I am worth it. I again bought a bigger house and I stayed in it. I not only got a bigger house, my net worth has gone up by a quantum. This net worth could never be saved by me throughout my lifetime. My instalments were paid for by my salary. I was brilliant.
Suddenly, I was retrenched. The banker told me that I am not as worthy as before. He has no choice but to fire-sale my beautiful house. Over-night I was left with nothing. I was stupid.
A home unfortunately is not for gamble. It is never an investment. It is the base camp and solace of the heart.
In the home, one can purchase the most expensive fittings and fix the most beautiful bathroom. It is never too expensive. But, one can't do the same for investment properties.
How I wish I learn earlier this expensive lesson.
Lotus suddenly called me today and announced that my home is now ready for occupation. I swallowed my saliva hard. Could I manage more than one home?
Years ago, I made one of the most stupid mistakes on earth: I listened to the garmen.
The garmen told me that a property, not only can be a home, it could also be an investment. So I went to buy a house and I lived in it. A few years later, my house has appreciated in value and I also got a promotion. The banker told me that I am worth it.
I bought a bigger house and I stayed in it. I not only got a bigger house, my net worth has gone up by a quantum. This net worth could never be saved by me throughout my lifetime. My instalments were paid for by my salary. I was brilliant.
Another few years later, I again got a promotion. My banker once again told me the same fairy tale that I am worth it. I again bought a bigger house and I stayed in it. I not only got a bigger house, my net worth has gone up by a quantum. This net worth could never be saved by me throughout my lifetime. My instalments were paid for by my salary. I was brilliant.
Suddenly, I was retrenched. The banker told me that I am not as worthy as before. He has no choice but to fire-sale my beautiful house. Over-night I was left with nothing. I was stupid.
A home unfortunately is not for gamble. It is never an investment. It is the base camp and solace of the heart.
In the home, one can purchase the most expensive fittings and fix the most beautiful bathroom. It is never too expensive. But, one can't do the same for investment properties.
How I wish I learn earlier this expensive lesson.
Lotus suddenly called me today and announced that my home is now ready for occupation. I swallowed my saliva hard. Could I manage more than one home?
g.微电影 - 错位 [BD] [2014]
The short movie is here: 错位 [BD] [2014]
爱情是一个让人走不出的怪圈:真心爱你的人你不爱他,你爱的人心里又爱着另一个人。呼唤的和被呼唤的总是...
爱 and 被爱 ...
What a difficult choice ...
In my life, I have decided that I better be to be loved. The other way round, I always ended up bad.
Because of this, I guessed I do have an inferiority complex. Maybe my defence system is always on the alert ...
Let's enjoy the movie ...
爱情是一个让人走不出的怪圈:真心爱你的人你不爱他,你爱的人心里又爱着另一个人。呼唤的和被呼唤的总是...
爱 and 被爱 ...
What a difficult choice ...
In my life, I have decided that I better be to be loved. The other way round, I always ended up bad.
Because of this, I guessed I do have an inferiority complex. Maybe my defence system is always on the alert ...
Let's enjoy the movie ...
Sunday, 1 June 2014
b.Mega-Trend - Death of a Fucken Island
The last part is here: Mega-trend - 16 Year Depression
The strong economic growth of the 1970s ended abruptly at the start of the 1990s. In the late 1980s, abnormalities within the Japanese economic system had fueled a speculative asset price bubble of massive scale by Japanese companies, banks and securities companies ... The combination of exceptionally high land values and low interest rates briefly resulted in heightened liquidity in the market. It led to massive borrowing and heavy investment mostly in domestic and foreign stocks and securities ... A debt crisis followed and the Japanese banks and insurances were now loaded with bad debts. The financial institutions were bailed out through capital infusions from the government, loans from the central bank and the ability to postpone the recognition of losses, ultimately turning them into zombie banks ... these banks kept injecting new funds into unprofitable "zombie firms" to keep them afloat, arguing that they were too big to fail ... However, most of these companies were too debt-ridden to do much more than survive on bail-out funds... Many Japanese firms were burdened with heavy debts, and it became very difficult to obtain credit. Many borrowers turned to sarakin (loan sharks) for loans... The 1990s therefore was the "lost decade" when the economy contracted or grew at a paltry rate... Unemployment rates were high, but not at a crisis level... With the traditional Japanese emphasis on frugality and saving, an impact on an average Japanese family was quite limited, whose standard of living did not deteriorate significantly from what it was in the 1980s... Despite the economic recovery in the 2000s, conspicuous consumption of the 1980s such as lavish spending on whiskey and cars did not return for the most part... Many Japanese companies replaced a large part of their workforce with temporary workers, who had little job security and fewer benefits... As of 2009, these non-traditional employees made up more than a third of the labor force. As of now, the nation's economy has not fully recovered from the 1991 crash...
At its height (1990), Tokyo's retail store space was going for $10,000 per square foot (I have not confirmed this number), this is way too high for any retailer to turn a profit. In the end, the economy tanked and never recover since for the next 20 years and now going towards the next 10 more years (please enlarge and read the graph). I believe another 10 more lost years is not impossible for Japan.
My partner-in-crime always reminded me that property prices cannot be infinite. At best, it can rise is at the rate of the GDP. Otherwise, the risk of having lost decades is real.
When one's pension fund disappeared due to speculative binge in the States in the not-so-distant past, 2009? $360b? One is hard pressed to replace the pension funds lost. The suggested way was to inflate his way through excessive increase in property prices. With the increased property prices, we do have a problem, we need great consumption to support the increase in rentals. Feverish importation of bodies into the fucken little island was the final result.
With priceless pigeon holes going at $1.2m per pop, I wonder how long more before this joke starts to get going. With lost decades in place, I am sure we will have lots of fun.
I may and do sound vindictive. After all, I am but a finest product of that fucken little island too. Hopefully, a phoenix may rise from its ashes. But, I am not too optimistic.
The strong economic growth of the 1970s ended abruptly at the start of the 1990s. In the late 1980s, abnormalities within the Japanese economic system had fueled a speculative asset price bubble of massive scale by Japanese companies, banks and securities companies ... The combination of exceptionally high land values and low interest rates briefly resulted in heightened liquidity in the market. It led to massive borrowing and heavy investment mostly in domestic and foreign stocks and securities ... A debt crisis followed and the Japanese banks and insurances were now loaded with bad debts. The financial institutions were bailed out through capital infusions from the government, loans from the central bank and the ability to postpone the recognition of losses, ultimately turning them into zombie banks ... these banks kept injecting new funds into unprofitable "zombie firms" to keep them afloat, arguing that they were too big to fail ... However, most of these companies were too debt-ridden to do much more than survive on bail-out funds... Many Japanese firms were burdened with heavy debts, and it became very difficult to obtain credit. Many borrowers turned to sarakin (loan sharks) for loans... The 1990s therefore was the "lost decade" when the economy contracted or grew at a paltry rate... Unemployment rates were high, but not at a crisis level... With the traditional Japanese emphasis on frugality and saving, an impact on an average Japanese family was quite limited, whose standard of living did not deteriorate significantly from what it was in the 1980s... Despite the economic recovery in the 2000s, conspicuous consumption of the 1980s such as lavish spending on whiskey and cars did not return for the most part... Many Japanese companies replaced a large part of their workforce with temporary workers, who had little job security and fewer benefits... As of 2009, these non-traditional employees made up more than a third of the labor force. As of now, the nation's economy has not fully recovered from the 1991 crash...
At its height (1990), Tokyo's retail store space was going for $10,000 per square foot (I have not confirmed this number), this is way too high for any retailer to turn a profit. In the end, the economy tanked and never recover since for the next 20 years and now going towards the next 10 more years (please enlarge and read the graph). I believe another 10 more lost years is not impossible for Japan.
My partner-in-crime always reminded me that property prices cannot be infinite. At best, it can rise is at the rate of the GDP. Otherwise, the risk of having lost decades is real.
When one's pension fund disappeared due to speculative binge in the States in the not-so-distant past, 2009? $360b? One is hard pressed to replace the pension funds lost. The suggested way was to inflate his way through excessive increase in property prices. With the increased property prices, we do have a problem, we need great consumption to support the increase in rentals. Feverish importation of bodies into the fucken little island was the final result.
With priceless pigeon holes going at $1.2m per pop, I wonder how long more before this joke starts to get going. With lost decades in place, I am sure we will have lots of fun.
I may and do sound vindictive. After all, I am but a finest product of that fucken little island too. Hopefully, a phoenix may rise from its ashes. But, I am not too optimistic.
p.A Property is a Property is a Property
The last part is here: Return on Capital
Today I have a very puzzling request: Why must we buy so old and therefore cheap properties and so far away as well? Why can't we be like everyone else? Buy a normal, nice and comfortable property and get a normal passive income to boot?
From the depth of it, this is a really nasty question. It is very, very, very difficult to answer. Even if there is an answer, it doesn't imply that it is a perfect answer. Even if it is a perfect answer, due to seasons of the market, one's decision may seemed right at the time of decision, it would go dead wrong if the market is somehow misread.
But, I am an old fool. I love challenging questions.
Lots of guys love to time the market. They time it left and they time it right. Most of the time, if they have the staying power, they are proud and successful. But, if they don't have any staying power, they are the most foolish. But, real market is not a game for fools, the cash outlay is huge and the punishment deadly.
Take a hypothetical case:
Overall, I didn't take into account of possible downturn, or upturn, inflation of property prices and so on, just simply too many factors to think about. My primal instinct is that investing in nasties is the way to go. For a fraction of the price of a fresh property, I am able to buy something very near to town. The return would be way superior. I have a chance to own many more properties.
Lots of guys don't understand that the developers exact very heavy prices on building new properties for sale. To sweeten the deals, they have no choice but to have short skirts doing their sales. Whenever this happens, you know you are paying a premium for the things you are buying. These short skirts are not cheap to employ.
The stigma in investing in nasties is that it is not pretty. It is bad in reputation as compared to nice houses. Even living in one caused grief to woman folks. Most people like to classify these nasty dwellers as scum of the earth.
Not forgetting these niceties are nice only in boom times. In recessions, these niceties would have turned nasties too. I might then engage these niceties as if they are nasties.
Only if my woman folks understand this simple investment principles, they would be richly rewarded 10 years down the road.
It is these troubled so-called "stigma" that is giving me so much joy. I do pray for my woman folks to understand and tolerate me for just 10 years. In the event I am rewarded with expanding business volumes in future, this waiting could be shortened greatly.
Today I have a very puzzling request: Why must we buy so old and therefore cheap properties and so far away as well? Why can't we be like everyone else? Buy a normal, nice and comfortable property and get a normal passive income to boot?
From the depth of it, this is a really nasty question. It is very, very, very difficult to answer. Even if there is an answer, it doesn't imply that it is a perfect answer. Even if it is a perfect answer, due to seasons of the market, one's decision may seemed right at the time of decision, it would go dead wrong if the market is somehow misread.
But, I am an old fool. I love challenging questions.
Lots of guys love to time the market. They time it left and they time it right. Most of the time, if they have the staying power, they are proud and successful. But, if they don't have any staying power, they are the most foolish. But, real market is not a game for fools, the cash outlay is huge and the punishment deadly.
Take a hypothetical case:
- A normal property is costed at $300k and rentable at $1,200 per month, giving a Return-On-Investment (ROI) of 21 years or the classic 5% return. This property is almost brand-new (5-10 years) and located at some nice suburbs. Shopping is not too convenient but good enough. It is not near any famous eateries. Commuting to city centre is about 15-20 minutes. It is normally to collect about 10-20% of down-payment ($30,000-$60,000) to secure a bank loan of 80-90% stretched over 25-35 years. Over the tenure, one would need to pay (not including down-payment) about a total of $1,800 per month x 30 years x 12 months = $648,000 or 2.2 times the initial purchase price. Assuming the property is rented out, there would still be a short-fall of ($1,800 - $1,200) x 30 years x 12 months = $216,000 or 0.72 times the initial purchase price.
- On the other hand, a nasty property is costed at $35k and rentable at $350 per month, giving a Return-On-Investment (ROI) of 8 years or 12% return. This property is very old (18-25 years) but located very near to city centre. Shopping is very convenient. It is near famous eateries. Commuting to city centre is about 5-10 minutes. It is normal to pay cash for the property. Based on the initial quantum of down-payment of the other property ($30,000-$60,000), one can collect about 1-2 of these nasty properties (2 nasties = 1 nice-ty in land size). Over the same tenure of 30 years, one would have collected a total of $350 per month x 30 years x 12 months = $126,000 or 3.6 times the initial purchase price. If buying only one initially ($35,000), then one would have collected 1 + 3.6 = 4.6 properties in total. If one were to buy 2 nasties initially, one would have collected 4.6 x 2 = 9.2 properties. Not forgetting, it also have a cascading effect, i.e., every 8 years, each nasty can give birth to another nasty collecting even more rental. Mind you, I don't even need to pay the extra $600 per month for the next 30 years. If that is included, I would have collected another 6.2 nasties on top of the 4.6-9.2. Given that 2 nasties = 1 nice-ty in land size, the potential is way too great to ignore. Also, if the plot ratio is increased due to congestion, these nasties are great cash pockets.
Overall, I didn't take into account of possible downturn, or upturn, inflation of property prices and so on, just simply too many factors to think about. My primal instinct is that investing in nasties is the way to go. For a fraction of the price of a fresh property, I am able to buy something very near to town. The return would be way superior. I have a chance to own many more properties.
Lots of guys don't understand that the developers exact very heavy prices on building new properties for sale. To sweeten the deals, they have no choice but to have short skirts doing their sales. Whenever this happens, you know you are paying a premium for the things you are buying. These short skirts are not cheap to employ.
The stigma in investing in nasties is that it is not pretty. It is bad in reputation as compared to nice houses. Even living in one caused grief to woman folks. Most people like to classify these nasty dwellers as scum of the earth.
Not forgetting these niceties are nice only in boom times. In recessions, these niceties would have turned nasties too. I might then engage these niceties as if they are nasties.
Only if my woman folks understand this simple investment principles, they would be richly rewarded 10 years down the road.
It is these troubled so-called "stigma" that is giving me so much joy. I do pray for my woman folks to understand and tolerate me for just 10 years. In the event I am rewarded with expanding business volumes in future, this waiting could be shortened greatly.
Friday, 30 May 2014
b.Size of Houses
The last part is here: Exploration - Town Planning
I just visited Malacca Jonker Walk. Inside there, there were many Peranakan houses. The houses were very long. Usually each house has at least 2 air wells. Two houses were linked back to back with a toilet separating them. I truly wondered how they can clear their shit during shit clearance. My estimate is that they are about 130 ft long and 25 ft wide. Their staircases are unique and rather decorative. At the top of the stairs, it was normally sealed by closing a hatch. In a few occasions, these houses are combined into 50 ft wide or even 100 ft wide.
I have a theory.
Each lot in the white land is usually 50 ft x 140 ft. It usually has a single dwelling house, built-up is usually 1,600 sf (one or two storey). Some have 2 lots side-by-side, i.e., 100 ft x 140 ft. So I guess the fucken definition of 15,000 sf as a good class bungalow is referring to these double lots.
When these single lots are divided into 2 x 25 ft x 140 ft. This becomes rather tiny. So they built them into linked houses. Peranakan houses fell into this class of dwelling.
It is extremely uncomfortable if the dwelling house is made up of 2 storeys. So it should be considered that a proper dwelling house must not have stairs.
When the double lots expand further into 200 ft x 140 ft. It is about slightly more than 1/2 acre in land size. I would consider this house as ordinary. A properly sized single-storey dwelling house can then be built.
I, on the other hand, am interesting in building - 四合院. I would like to emulate the great court of Trinity College, Cambridge.
The Great Court Run
Great Court, with (from left to right) the dining hall, Master's Lodge, fountain, clock tower, chapel and Great Gate The Great Court Run is an attempt to run round the 400-yard perimeter of Great Court (approximately 367 m), in the 43 seconds of the clock striking twelve. Students traditionally attempt to complete the circuit on the day of the Matriculation Dinner. It is a rather difficult challenge: one needs to be a fine sprinter to achieve it, but it is by no means necessary to be of Olympic standard, despite assertions made in the press.
It is widely believed that Sebastian Coe successfully completed the run when he beat Steve Cram in a charity race in October 1988. Sebastian Coe's time on 29 October 1988 was reported by Norris McWhirter to have been 45.52 seconds, but it was actually 46.0 seconds (confirmed by the video tape), while Cram's was 46.3 seconds. The clock on that day took 44.4 seconds (i.e. a "long" time, probably two days after the last winding) and the video film confirms that Coe was some 12 metres short of his finish line when the fateful final stroke occurred. The television commentators were more than a little disingenuous in suggesting that the dying sounds of the bell could be included in the striking time, thereby allowing Coe's run to be claimed as successful.
One reason Olympic runners Cram and Coe found the challenge so tough is that they started at the middle of one side of the Court, thereby having to negotiate four right-angle turns. In the days when students started at the corner, only three turns were needed.
Until the mid-1990s, the run was traditionally attempted by first-year students, at midnight following their Matriculation Dinner. Following a number of accidents to drunk undergraduates running on slippery cobbles, the college now organises a more formal Great Court Run, at 12 noon on the day of Matriculation Dinner: the challenge is only open to freshers, many of whom compete in fancy dress.
The lawn is about 2 acres in size. Very manageable.
A nice 四合院 has always been my dream.
I just visited Malacca Jonker Walk. Inside there, there were many Peranakan houses. The houses were very long. Usually each house has at least 2 air wells. Two houses were linked back to back with a toilet separating them. I truly wondered how they can clear their shit during shit clearance. My estimate is that they are about 130 ft long and 25 ft wide. Their staircases are unique and rather decorative. At the top of the stairs, it was normally sealed by closing a hatch. In a few occasions, these houses are combined into 50 ft wide or even 100 ft wide.
I have a theory.
Each lot in the white land is usually 50 ft x 140 ft. It usually has a single dwelling house, built-up is usually 1,600 sf (one or two storey). Some have 2 lots side-by-side, i.e., 100 ft x 140 ft. So I guess the fucken definition of 15,000 sf as a good class bungalow is referring to these double lots.
When these single lots are divided into 2 x 25 ft x 140 ft. This becomes rather tiny. So they built them into linked houses. Peranakan houses fell into this class of dwelling.
It is extremely uncomfortable if the dwelling house is made up of 2 storeys. So it should be considered that a proper dwelling house must not have stairs.
When the double lots expand further into 200 ft x 140 ft. It is about slightly more than 1/2 acre in land size. I would consider this house as ordinary. A properly sized single-storey dwelling house can then be built.
I, on the other hand, am interesting in building - 四合院. I would like to emulate the great court of Trinity College, Cambridge.
The Great Court Run
Great Court, with (from left to right) the dining hall, Master's Lodge, fountain, clock tower, chapel and Great Gate The Great Court Run is an attempt to run round the 400-yard perimeter of Great Court (approximately 367 m), in the 43 seconds of the clock striking twelve. Students traditionally attempt to complete the circuit on the day of the Matriculation Dinner. It is a rather difficult challenge: one needs to be a fine sprinter to achieve it, but it is by no means necessary to be of Olympic standard, despite assertions made in the press.
It is widely believed that Sebastian Coe successfully completed the run when he beat Steve Cram in a charity race in October 1988. Sebastian Coe's time on 29 October 1988 was reported by Norris McWhirter to have been 45.52 seconds, but it was actually 46.0 seconds (confirmed by the video tape), while Cram's was 46.3 seconds. The clock on that day took 44.4 seconds (i.e. a "long" time, probably two days after the last winding) and the video film confirms that Coe was some 12 metres short of his finish line when the fateful final stroke occurred. The television commentators were more than a little disingenuous in suggesting that the dying sounds of the bell could be included in the striking time, thereby allowing Coe's run to be claimed as successful.
One reason Olympic runners Cram and Coe found the challenge so tough is that they started at the middle of one side of the Court, thereby having to negotiate four right-angle turns. In the days when students started at the corner, only three turns were needed.
Until the mid-1990s, the run was traditionally attempted by first-year students, at midnight following their Matriculation Dinner. Following a number of accidents to drunk undergraduates running on slippery cobbles, the college now organises a more formal Great Court Run, at 12 noon on the day of Matriculation Dinner: the challenge is only open to freshers, many of whom compete in fancy dress.
The lawn is about 2 acres in size. Very manageable.
A nice 四合院 has always been my dream.
Thursday, 29 May 2014
b.Return on Capital
The last part is here: Return From Powerful Retreat
During my most recent sabbatical, I have learned one very important point: Return on Capital is vulgar only if there are restrictions to the game. Otherwise, it is very normally grim.
Some of the investments I have gotten has a return of 5-8 years. To achieve such a great return requires lots of finesse. I must say it was a cooperative effort that came out very fine. The return on capital was stable and non-volatile. The sums involved were also not very large, mostly manageable bite-sizes, which is great for piece-meal engagement.
Even the coming restaurant share investment is also rather bite-size. So it would have made my original premise of not borrowing from the bank possible.
Now is summer time, the land deals in white land is stiff. Summer time is a time where deals are struck as they were able to see and feel their purchases. Speaking from experience, I always without fail would fall in love with the properties I visit. I used to scold Chrysanthemum about her falling in love with the properties she visited. Truly I was no better. So I would give it a short break. Come winter, the deals would have sweetened themselves. Why? In winter, people are less like to travel. If the sellers are desperate for cash, the deals would be better. Now in the shopping malls, more stores are closed and not replaced. Frequently, these voids were not filled till a year later. It is very painful for the whites. Recently they reopened the flooding gates for more immigrants, hoping to reduce their pain.
As the word implies, I am currently torn between investing more cash into businesses or fixed assets. A fine balance is needed. With the recessionary pressures at their greatest, fixed assets are burning and great deals are everywhere. I am simply spoilt for choice. But, business investments must still have to be ongoing, else these businesses will take forever to fruit.
I am holding 50-50 view over the two investment choices.
People management
This remains extremely tricky to me. Most of the people I engaged were cunning and useless. But, therein lie a few gems. These gems interestingly did yield an overall benefit. Just one gem would have make up for the lost time and money invested in 10 other useless assholes. So it is quite profitable. Just be wary of unusual leeches. They come in all shapes and sizes.
During my most recent sabbatical, I have learned one very important point: Return on Capital is vulgar only if there are restrictions to the game. Otherwise, it is very normally grim.
Some of the investments I have gotten has a return of 5-8 years. To achieve such a great return requires lots of finesse. I must say it was a cooperative effort that came out very fine. The return on capital was stable and non-volatile. The sums involved were also not very large, mostly manageable bite-sizes, which is great for piece-meal engagement.
Even the coming restaurant share investment is also rather bite-size. So it would have made my original premise of not borrowing from the bank possible.
Now is summer time, the land deals in white land is stiff. Summer time is a time where deals are struck as they were able to see and feel their purchases. Speaking from experience, I always without fail would fall in love with the properties I visit. I used to scold Chrysanthemum about her falling in love with the properties she visited. Truly I was no better. So I would give it a short break. Come winter, the deals would have sweetened themselves. Why? In winter, people are less like to travel. If the sellers are desperate for cash, the deals would be better. Now in the shopping malls, more stores are closed and not replaced. Frequently, these voids were not filled till a year later. It is very painful for the whites. Recently they reopened the flooding gates for more immigrants, hoping to reduce their pain.
As the word implies, I am currently torn between investing more cash into businesses or fixed assets. A fine balance is needed. With the recessionary pressures at their greatest, fixed assets are burning and great deals are everywhere. I am simply spoilt for choice. But, business investments must still have to be ongoing, else these businesses will take forever to fruit.
I am holding 50-50 view over the two investment choices.
People management
This remains extremely tricky to me. Most of the people I engaged were cunning and useless. But, therein lie a few gems. These gems interestingly did yield an overall benefit. Just one gem would have make up for the lost time and money invested in 10 other useless assholes. So it is quite profitable. Just be wary of unusual leeches. They come in all shapes and sizes.
g.Emotionally Tested Full Throttle
The last part is here: Land - Another Worked Example
Tiramisu Queen just told me every one of her ex-boyfriends from year 0 and how she rejected each of every one of them. I wondered what was the intent?
Maybe it was based purely on friendship or was there something more sinister?
Emotionally I am fully drained. I am not interested in a new relationship. In the past, I was hurt too many times. Maybe it was fully my fault, maybe not or shared half-half. I don't really wish to recall.
Too many have left me due to factors that are not emotional. Of course, I was saddened by this, but what to do? Life still need to live. I still need to work and eat.
To sweeten the deal, Tiramisu Queen has promised me a small share in her new huge restaurant in white land that she bought cash. In that fuckened little island, another also proposed giving a half-share of an apartment. In yet another instance in a bigger island, she suggested that she will nurse and feed me for life. So many indecent proposals, I really wonder if any one of these cases can be more emotionally driven as compared to the dollar sign? In short, I also got feelings wan, you know!
As an old fucken, I guess I am no longer young. I can't choose as well as before. But, when I was younger, I did have huge freedom of choice. In the end, I am still a poor fucken and fully fuckened by gals around me.
As a starter, Tiramisu Queen suggested that I throw away all my current sweet young things before engaging her. This was not the first time she tested me. I swallowed hard. She is clever, wor. She claimed that sweet young things are heartless persons and none of these sweet young things will grow old with me, wan. She asked me not to be so silly. As I am no longer young, what I need now is a powerful sugar mummy. Well said. No mincing of words. She has 6 houses, 3 apartments, 1 bungalow and a chained stores.
I guess I need to sleep and fight another day. This world is so well placed with honey-traps. My reputation as an independent businessman is now fully at stake.
Tiramisu Queen just told me every one of her ex-boyfriends from year 0 and how she rejected each of every one of them. I wondered what was the intent?
Maybe it was based purely on friendship or was there something more sinister?
Emotionally I am fully drained. I am not interested in a new relationship. In the past, I was hurt too many times. Maybe it was fully my fault, maybe not or shared half-half. I don't really wish to recall.
Too many have left me due to factors that are not emotional. Of course, I was saddened by this, but what to do? Life still need to live. I still need to work and eat.
To sweeten the deal, Tiramisu Queen has promised me a small share in her new huge restaurant in white land that she bought cash. In that fuckened little island, another also proposed giving a half-share of an apartment. In yet another instance in a bigger island, she suggested that she will nurse and feed me for life. So many indecent proposals, I really wonder if any one of these cases can be more emotionally driven as compared to the dollar sign? In short, I also got feelings wan, you know!
As an old fucken, I guess I am no longer young. I can't choose as well as before. But, when I was younger, I did have huge freedom of choice. In the end, I am still a poor fucken and fully fuckened by gals around me.
As a starter, Tiramisu Queen suggested that I throw away all my current sweet young things before engaging her. This was not the first time she tested me. I swallowed hard. She is clever, wor. She claimed that sweet young things are heartless persons and none of these sweet young things will grow old with me, wan. She asked me not to be so silly. As I am no longer young, what I need now is a powerful sugar mummy. Well said. No mincing of words. She has 6 houses, 3 apartments, 1 bungalow and a chained stores.
I guess I need to sleep and fight another day. This world is so well placed with honey-traps. My reputation as an independent businessman is now fully at stake.
Tuesday, 27 May 2014
a.The Generations Game - A Worked Example
The last part is here: Capital - How did It All Begin
The news is here: Penang Monthly - Migrate for What
A short excerpt:
... For migrants who came to Australia back in the 1960s, the 1970s or even the 1980s, their decision to migrate would have benefitted them much more than if they were to do it today. Back in those days, Malaysia was still not adequately developed, modernised and industrialised. Foreign direct investments, education and infrastructure were definitely a far cry from today’s standards. Particularly for the average Malaysian professional, his or her work would have been much more richly rewarded in Australia than back home.
If a Sudanese or Afghan were to migrate to Australia today, then I can say with almost absolute certainty that their lives will be better off. But today’s Malaysians had better think twice. Jobs are moving in big numbers from Australia to Asia; Australian educational institutions are failing many of their own students, with many schools (even public ones) turning to attracting more students from China, Korea and other Asian countries for financial reasons; drug-related crimes and schoolyard bullying are becoming more rampant; and the total cost of income support (i.e. welfare) payment has now (as of 2014) topped A$70bil a year.
These trends and developments are here to stay, and the shift of fortune from the West to the East is an irreversible one. Investor Jim Rogers frequently remarked that if you were smart in 1807, you would go to London, if you were smart in 1907, you would go to New York, but if you were smart in 2007, you would go to Asia. (In 2007, Rogers moved his entire family to Singapore.)
So I wonder, why on earth are we still leaving Malaysia? What are we actually running away from? While most of us think that we are running away from some potential or real political threat, the actual fact might well be that we are running away from some real lifetime opportunities! With market saturation and an ageing population in the EU, US, Australia, New Zealand, Japan and China, the Asean region, with its population size, relatively young median age and richness in natural resources, is poised to grow like never before. ...
Interesting read. These people are still trying to time the market.
There is no such thing as timing the market. One would get lucky once a while. Just like in the casino, one can ride a 25-times BIG roll of dice. But, the curtains would fall one day, the dice would go the other way. Every great city would meet its demise, so would one empire.
If one must time the market, then if one judges that there is no hope in a turn-around. Just pack the bags and move. Which is true in the case of that fuckened little island. No resource, no future, no intelligence and still dare to suck my cock. Disgusting.
10 years is too short an example to a generations game. Even 20 years, my acquaintance is planning to return to her ex-home country. I am not helping her to stay even if I am just new to the game. Why? Too frequently mere acquaintances take dim looks of new immigrants. They felt that the new migrants must feed the older migrants or the older migrants feeding the locals, otherwise, the locals would have voted the government-of-the-day out. I am into packed hunting. Not only in business, also in gals. Co-operation is a powerful tool to deploy.
Let's take a look at Australia's opportunities (I am a blur-fuck in Australia's opportunities, but I am willing to try understanding her from the outside):
I do understand why muds left mudland due to the madhatter. Now that with ahJip kor in charge, things are super rosy. People are now tempted to return. Nothing wrong, just be invested in both countries lor. Better, globally. One can never tell when is the next mass exodus.
Yes. I finally got it. There is indeed a timing issue in the generations game, i.e., be early. Wow ... what a revelation. But, 30 years can recover this mistake, i.e., once you reach 30 years in migration, you are classified as early. Nice.
Always remember that fuckened mafia boss was a Baba-Nyonya. So don't play with him on that little island, now that he is strong. Wait for him to go, then replay the generations game again lor. One has all the time in the world lah. Do battle using extended families mah.
The news is here: Penang Monthly - Migrate for What
A short excerpt:
... For migrants who came to Australia back in the 1960s, the 1970s or even the 1980s, their decision to migrate would have benefitted them much more than if they were to do it today. Back in those days, Malaysia was still not adequately developed, modernised and industrialised. Foreign direct investments, education and infrastructure were definitely a far cry from today’s standards. Particularly for the average Malaysian professional, his or her work would have been much more richly rewarded in Australia than back home.
If a Sudanese or Afghan were to migrate to Australia today, then I can say with almost absolute certainty that their lives will be better off. But today’s Malaysians had better think twice. Jobs are moving in big numbers from Australia to Asia; Australian educational institutions are failing many of their own students, with many schools (even public ones) turning to attracting more students from China, Korea and other Asian countries for financial reasons; drug-related crimes and schoolyard bullying are becoming more rampant; and the total cost of income support (i.e. welfare) payment has now (as of 2014) topped A$70bil a year.
These trends and developments are here to stay, and the shift of fortune from the West to the East is an irreversible one. Investor Jim Rogers frequently remarked that if you were smart in 1807, you would go to London, if you were smart in 1907, you would go to New York, but if you were smart in 2007, you would go to Asia. (In 2007, Rogers moved his entire family to Singapore.)
So I wonder, why on earth are we still leaving Malaysia? What are we actually running away from? While most of us think that we are running away from some potential or real political threat, the actual fact might well be that we are running away from some real lifetime opportunities! With market saturation and an ageing population in the EU, US, Australia, New Zealand, Japan and China, the Asean region, with its population size, relatively young median age and richness in natural resources, is poised to grow like never before. ...
Interesting read. These people are still trying to time the market.
There is no such thing as timing the market. One would get lucky once a while. Just like in the casino, one can ride a 25-times BIG roll of dice. But, the curtains would fall one day, the dice would go the other way. Every great city would meet its demise, so would one empire.
If one must time the market, then if one judges that there is no hope in a turn-around. Just pack the bags and move. Which is true in the case of that fuckened little island. No resource, no future, no intelligence and still dare to suck my cock. Disgusting.
10 years is too short an example to a generations game. Even 20 years, my acquaintance is planning to return to her ex-home country. I am not helping her to stay even if I am just new to the game. Why? Too frequently mere acquaintances take dim looks of new immigrants. They felt that the new migrants must feed the older migrants or the older migrants feeding the locals, otherwise, the locals would have voted the government-of-the-day out. I am into packed hunting. Not only in business, also in gals. Co-operation is a powerful tool to deploy.
Let's take a look at Australia's opportunities (I am a blur-fuck in Australia's opportunities, but I am willing to try understanding her from the outside):
- Cities - Her cities are not as crowded as the Asian's, hence, they stand a great chance to win if one is early. That fuckened little island did talk about famous katong laksa. Overnight 4 stores competed in the exact same location for the customers. Today only one left. Dense cities are not for the faint-hearted. Try your hands in Chinese cities, one would be eaten whole without much of a second glaze from the predator's neighbours.
- Glass Ceilings - Of cos there are glass ceilings. Tell me frankly, how many non-Chinese dine in Chinese restaurants here and overseas. Zero! How many Japanese or Koreans can one spot in a Chinese restaurants? Please. How many non-Chinese staff can one see in a Chinese restaurant's kitchen? The conclusion: Every business are owned and operated by their kinship, make no mistake. Even in my work, I employed no non-Chinese even though all my work involved the whites and white agents.
- Property Investments - White properties are way cheaper but appreciate much slower. First, one must start with a house home. After that, investment houses for passive returns. After that, lands for long term potential. Malaysian properties are super nice. I can't finish enjoying each of them. But, so are the white properties.
- Businesses - Not easy to start but once started, it is easy to sustain. 30 years is a good investment.
- Employments - Nothing wrong with that. But one needs to start young. If reach the white shores at 40-50yo, then be prepared to reinvest the money that one's gotten or ill-gotten from ex-home country to plant the first seeds.
- Back Doors - I always keep a back door for myself. I am still fully invested in the ex-home country and her neighbours. I am still doing passive incomes from each and every asset in my command. Over time, these assets might deteriorate due to lack of care. Minding them occasionally will bring them up once more.
- Generations Games - Bring forth the next generations to fulfill key business positions in the own business structure. Let them fail and guard them to better success than the parents.
- Intellectually Dumb - There is a need to be intellectually dumb. Never question why but just do the jobs. In the Malaysians' case, they allowed their anger for lack of opportunities in their ex-home country to cloud their visions. They like to do total in and total out. Yes. Total in and total out are grand moves. These are showy steps. Admired by all. But, yield very little results. The mantra is Things Take Time.
- Education - Educating kids are not the job of the school but that of the parents. There is no such thing as good school but good parenting.
I do understand why muds left mudland due to the madhatter. Now that with ahJip kor in charge, things are super rosy. People are now tempted to return. Nothing wrong, just be invested in both countries lor. Better, globally. One can never tell when is the next mass exodus.
Yes. I finally got it. There is indeed a timing issue in the generations game, i.e., be early. Wow ... what a revelation. But, 30 years can recover this mistake, i.e., once you reach 30 years in migration, you are classified as early. Nice.
Always remember that fuckened mafia boss was a Baba-Nyonya. So don't play with him on that little island, now that he is strong. Wait for him to go, then replay the generations game again lor. One has all the time in the world lah. Do battle using extended families mah.
Monday, 26 May 2014
p.The Nice Path Ahead (Next Part)
The last Part is here: The Nice Path Ahead
The acquaintance mentioned before this essay gave me a food treat. I rejected. She suggested that if I ever needed anything, please feel free to ask and it shall be complied. I smiled.
In the past, I have spent hundreds if not a couple of thousands on her to please her. In exchange, I asked for occasional favours. But none of these favours asked were returned. Every one of these favours was non-monetary in nature. Sad. She made a final attempt on me and said she would be leaving for her ex-home country for good. She has burnt 20 years of her stay in white land, achieving nothing. I am sorry that I couldn't help her. She is beyond help. I can't teach her how to suck eggs. Her path is hers alone to choose. I don't wish to help.
The time has come for me to say goodbye to this unwanted relationship. She talked for hours on end. Her companion even claimed that the relationship could go on if I choose to. I just smiled with no facial expression. I am indeed a poor actor or was it that I am just plain lazy.
Another acquaintance just popped up to meet me at 500 km from his place. He will bring along resources to help me to manage my work. No question asked about compensation. No hint of extracting favour from me. This is called a true friend. Not because I received unasked favours but a friend don't question return but just do them. There is still hope in mankind.
Tiramisu Queen as usually gave me a dangerous look. She claimed if she had met me earlier in her life. Her life would be so different. I smiled. My intensive pheromone perfume worked. I was expected to say something but I resisted. Chrysanthemum gave me one tight slap on my face and said I should not be ambivalent about relationships. Women are like cats, they clawed their ways around.
Noticing that I was quiet thereafter, Tiramisu Queen offered me to buy a small share in her newly setup lucrative restaurant.
I guess if I can please a gal enough, she will feed me food.
I felt so blessed.
The acquaintance mentioned before this essay gave me a food treat. I rejected. She suggested that if I ever needed anything, please feel free to ask and it shall be complied. I smiled.
In the past, I have spent hundreds if not a couple of thousands on her to please her. In exchange, I asked for occasional favours. But none of these favours asked were returned. Every one of these favours was non-monetary in nature. Sad. She made a final attempt on me and said she would be leaving for her ex-home country for good. She has burnt 20 years of her stay in white land, achieving nothing. I am sorry that I couldn't help her. She is beyond help. I can't teach her how to suck eggs. Her path is hers alone to choose. I don't wish to help.
The time has come for me to say goodbye to this unwanted relationship. She talked for hours on end. Her companion even claimed that the relationship could go on if I choose to. I just smiled with no facial expression. I am indeed a poor actor or was it that I am just plain lazy.
Another acquaintance just popped up to meet me at 500 km from his place. He will bring along resources to help me to manage my work. No question asked about compensation. No hint of extracting favour from me. This is called a true friend. Not because I received unasked favours but a friend don't question return but just do them. There is still hope in mankind.
Tiramisu Queen as usually gave me a dangerous look. She claimed if she had met me earlier in her life. Her life would be so different. I smiled. My intensive pheromone perfume worked. I was expected to say something but I resisted. Chrysanthemum gave me one tight slap on my face and said I should not be ambivalent about relationships. Women are like cats, they clawed their ways around.
Noticing that I was quiet thereafter, Tiramisu Queen offered me to buy a small share in her newly setup lucrative restaurant.
I guess if I can please a gal enough, she will feed me food.
I felt so blessed.
Saturday, 24 May 2014
p.The Nice Path Ahead
The last part is here: p.Show - 衣锦还乡
I am loving every moment of this.
A get-together with an acquaintance yielded that he was very angry. He had spent 20 years of his life in white land. He is now just an odd-job labourer with some small licensing ticket in white land. Of cos, he has a small house to boot. He has achieved this house purchase through his hard work in his previous home country. He told me that during his more tender years, he did not listen to his seniors before him. They have suggested to him businesses that might have worked for him in white land. He did not listen to them. He claimed he was stubborn. He explained to me that all my current projects are too big and too wide-spread. He don't believe I will ever succeed. His tone was bitter.
I smiled.
He told me nothing. Being my senior, he taught me nothing. I never did expect anything for free. But, since he taught me nothing and has no cash, I can't be serious with him.
But of course, during his earlier encounters with me, he has hoped to find some common projects to play with me.
But he played me out time and time again over small test matters. I don't trust anyone who failed my little tests. I have no spare cash to lose. Hence, the little tests. I am cunning and extremely careful about who I want to go to bed with. I then blocked all entrances to my projects. I gave him no hope.
He is now very, very angry. Angry that he made no head ways in white land. He is now angry that he has spent 20 years of his youth in white land achieved nothing. Not even one extra house in his name. The current house that he stayed was purchased with funds from the sale of his own house back in his ex-home country. He is still under heavy mortgage. His entire 20 years did not yield a single additional house. In fact, he harbours the thoughts of returning to his own ex-home country for good.
He has no true friends. In fact, he has none that I know of. Why? One asked. It is simply because he was never a true friend to boot. He don't help others from his own heart and he expects others to help and pay for him. Such leecher can't hope to have true friends to die for him.
He is now extremely angry. I did not offer any projects for him to play as I don't trust him at all. I told him that all my projects are deadly expensive and takes forever to reach fruition. Yes. He then answered his own question by saying he and I don't have many more 10-years to game.
Yes. I did misinform him on the progress of my projects. Yes. I did not give hope.
My Comments:
In all battle planning, one needs to address the negativity raised: The long gestation of my projects and the thin-spread of my investment capital.
Contrary to common misconception, I did have a very strong business type that I draw my strength. This business type currently carries the full load of my income. Right now, due to my slightly lack of attention, it has weakened slightly. I have to refocus on it to get it up again. My discussion with my business partner yielded that this business type did have a limit and we have to address it. It was based on this limit that I need to diversify to more business types. But, each business type investment need at least 10 years to fruit.
The ultimate game as we all know is land and lesser extent, properties. Every business type is meant to achieve land ownership. It is with land ownership that one can be confident with one's future. In fact, I have achieved far more unencumbered land mass than most now.
The thin-spreading of the investment capital is intentional. Since I am able to poke my finger in every pie, why not? This thin-spread will allow me to have very low exposure to any one investment type. Hopefully I won't cause jealousy in any one I encounter.
I still want my peace.
I am water. I flow into every crevices of the mother nature. I may not be able to enjoy the full fruit during my physical life, but I am sure those that take over me will finally find peace and serenity.
I may be wrong in spreading the capital too thinly. But, I am truly enjoying myself. So I am kind of stuck in thinking otherwise. Let time be my ultimate guide. I never had so much now than before. Before I was battling with uncertainty. Now, every asset is acquired with pure cash, I sleep well every night. Yes. There would be storms ahead of me. Yes. There would be uncertainties. But, with my unyielding hardworking hands, I believe I can brave all fears.
When the last leaf falls ...
I am loving every moment of this.
A get-together with an acquaintance yielded that he was very angry. He had spent 20 years of his life in white land. He is now just an odd-job labourer with some small licensing ticket in white land. Of cos, he has a small house to boot. He has achieved this house purchase through his hard work in his previous home country. He told me that during his more tender years, he did not listen to his seniors before him. They have suggested to him businesses that might have worked for him in white land. He did not listen to them. He claimed he was stubborn. He explained to me that all my current projects are too big and too wide-spread. He don't believe I will ever succeed. His tone was bitter.
I smiled.
He told me nothing. Being my senior, he taught me nothing. I never did expect anything for free. But, since he taught me nothing and has no cash, I can't be serious with him.
But of course, during his earlier encounters with me, he has hoped to find some common projects to play with me.
But he played me out time and time again over small test matters. I don't trust anyone who failed my little tests. I have no spare cash to lose. Hence, the little tests. I am cunning and extremely careful about who I want to go to bed with. I then blocked all entrances to my projects. I gave him no hope.
He is now very, very angry. Angry that he made no head ways in white land. He is now angry that he has spent 20 years of his youth in white land achieved nothing. Not even one extra house in his name. The current house that he stayed was purchased with funds from the sale of his own house back in his ex-home country. He is still under heavy mortgage. His entire 20 years did not yield a single additional house. In fact, he harbours the thoughts of returning to his own ex-home country for good.
He has no true friends. In fact, he has none that I know of. Why? One asked. It is simply because he was never a true friend to boot. He don't help others from his own heart and he expects others to help and pay for him. Such leecher can't hope to have true friends to die for him.
He is now extremely angry. I did not offer any projects for him to play as I don't trust him at all. I told him that all my projects are deadly expensive and takes forever to reach fruition. Yes. He then answered his own question by saying he and I don't have many more 10-years to game.
Yes. I did misinform him on the progress of my projects. Yes. I did not give hope.
My Comments:
In all battle planning, one needs to address the negativity raised: The long gestation of my projects and the thin-spread of my investment capital.
Contrary to common misconception, I did have a very strong business type that I draw my strength. This business type currently carries the full load of my income. Right now, due to my slightly lack of attention, it has weakened slightly. I have to refocus on it to get it up again. My discussion with my business partner yielded that this business type did have a limit and we have to address it. It was based on this limit that I need to diversify to more business types. But, each business type investment need at least 10 years to fruit.
The ultimate game as we all know is land and lesser extent, properties. Every business type is meant to achieve land ownership. It is with land ownership that one can be confident with one's future. In fact, I have achieved far more unencumbered land mass than most now.
The thin-spreading of the investment capital is intentional. Since I am able to poke my finger in every pie, why not? This thin-spread will allow me to have very low exposure to any one investment type. Hopefully I won't cause jealousy in any one I encounter.
I still want my peace.
I am water. I flow into every crevices of the mother nature. I may not be able to enjoy the full fruit during my physical life, but I am sure those that take over me will finally find peace and serenity.
I may be wrong in spreading the capital too thinly. But, I am truly enjoying myself. So I am kind of stuck in thinking otherwise. Let time be my ultimate guide. I never had so much now than before. Before I was battling with uncertainty. Now, every asset is acquired with pure cash, I sleep well every night. Yes. There would be storms ahead of me. Yes. There would be uncertainties. But, with my unyielding hardworking hands, I believe I can brave all fears.
When the last leaf falls ...
b.Land - Another Worked Example
The last part is here: Bank Lelong (Auction)
I had a very interesting conversation with Tiramisus Queen today. As mentioned before, she came to white land for a good 30 years. She now owns a nice little chain of stores and lives in a huge bungalow. She just bought 4 houses priced around $400k each last year, with down payments ranging from 20% to 35%. Her instalments are less than $1k monthly each but rented at $2.5k or more, giving her a net cashflow position of $1-$1.5k each each month all the time. Now she is intending to let go if needed at $500k or more to the right buyers. She already had the buyers. She said that with these positive cashflows, she can steam-roll for more.
A recent discussion with a blood relation yielded that she might go on doubling up, which will increase the risk much more.
The return-on-investment (income over capital) is $2.5k x 12 / $400k = 7.5% or 13.3 years to recover the full capital. Hehehe ... even my worst performing properties took only 8 years or less or 12.5% or more. The only difference I don't gear, hence, I have less flexibility in property types. Because I am so cheapo, my investments normally double in less than a year.
She was sad that at my age, I am still working on my primary businesses. Each of my businesses are uncertain and takes at least 10 years or more to fruit. It is too slow. She suggested instead why don't I be like her and join her to invest in properties in white land. She said it is easy and she trusts me. I smiled.
I am very happy for her.
Hehehe ... She didn't realise that for the better of 30 years she had slogged hard and quiet. She cried every single phone call she made to China. Now I felt that she needed to show to the world that she has indeed arrived. Well ... she did arrive. I am very happy for her.
My Comments (This is not meant to degrade her investment returns, but rather to debate the other side of the same coin):
How about deploying a middle-of-the-road strategy? By gearing at 50% (i.e., loan from bank at 50% loan quantum)? No way, the recession bites normally at below 50%, the banks would force-sale at 20% of the original value. There is no escape. Better don't try.
I had a very interesting conversation with Tiramisus Queen today. As mentioned before, she came to white land for a good 30 years. She now owns a nice little chain of stores and lives in a huge bungalow. She just bought 4 houses priced around $400k each last year, with down payments ranging from 20% to 35%. Her instalments are less than $1k monthly each but rented at $2.5k or more, giving her a net cashflow position of $1-$1.5k each each month all the time. Now she is intending to let go if needed at $500k or more to the right buyers. She already had the buyers. She said that with these positive cashflows, she can steam-roll for more.
A recent discussion with a blood relation yielded that she might go on doubling up, which will increase the risk much more.
The return-on-investment (income over capital) is $2.5k x 12 / $400k = 7.5% or 13.3 years to recover the full capital. Hehehe ... even my worst performing properties took only 8 years or less or 12.5% or more. The only difference I don't gear, hence, I have less flexibility in property types. Because I am so cheapo, my investments normally double in less than a year.
She was sad that at my age, I am still working on my primary businesses. Each of my businesses are uncertain and takes at least 10 years or more to fruit. It is too slow. She suggested instead why don't I be like her and join her to invest in properties in white land. She said it is easy and she trusts me. I smiled.
I am very happy for her.
Hehehe ... She didn't realise that for the better of 30 years she had slogged hard and quiet. She cried every single phone call she made to China. Now I felt that she needed to show to the world that she has indeed arrived. Well ... she did arrive. I am very happy for her.
My Comments (This is not meant to degrade her investment returns, but rather to debate the other side of the same coin):
- Gearing: This is one very important lesson. In a booming market, all is well. But, once it fails, say 1986, 1997 or 2008, all must die. The rental will disappear. The fire sale by bank is 20% of its original value. Why I know, you asked? Well ... I was at the receiving end in a not-too-long-ago past.
- Margin: Every time one trades, there are commissions and legal fees payable. That's why although I did made quite a killing in the stock-and-shares booming market, I lost much more on the way down (The house (brokerage) always wins).
- Buying New: Almost all honkies, fuckies, mudlanders or chinamen love to buy new properties. The margin of error is very low indeed as compared to buying oldies. Only buying oldies can give a capital-return of 5 years or less.
- Bank Loan: Banks are never our friend. They are vicious. As long as there are economic growth, notice they make record profits. How can a bank always make record profits from loans alone. These record profits must come from the loan repayments. Who? Us !!! How can we give record profits to the banks? If we give record profits to the banks, we must not be making record profits ourselves. It just can't. Some may argue unless we make record profits ourselves, else we can't give record profits to the banks. True. If we too make record profits, it must therefore comes from the tenants. If the tenants give us record profits, then they must not be making record profits themselves. What if the tenants make record profits too in order to give us, the landlords, record profits. It must then come from consumers. Somewhere somehow would not be making record profits in order that the others may make record profits. This is definitely not sustainable. Sad.
- Boom-and-bang: Every boom must end with a bang and vice-versa.
How about deploying a middle-of-the-road strategy? By gearing at 50% (i.e., loan from bank at 50% loan quantum)? No way, the recession bites normally at below 50%, the banks would force-sale at 20% of the original value. There is no escape. Better don't try.
Friday, 23 May 2014
p.Kiyosaki's little Cashflow Game
Let me do some advertisment today. There is no intention to promote or dismiss him. This is only my opinion of what's good for a guy.
I have tested the android Cashflow Game by Kiyosaki.
He was made famous and very rich by his book, "Rich Dad, Poor Dad". If you want to read more, just google him.
In the game, the goal is to make financial freedom by making the passive income exceeds expenses. For a lowly-paid guy ($3,000-$5,000), it usually takes about 70 turns to be financially free (i.e., 1.5 years). For a higher-paid guy ($8,000-$10,000), it usually takes about 100 turns to be financially free (i.e., 2 years), which is nonsensical. No one can achieve financial freedom in 2 years. Fuck! Also, a highly-paid guy will find financial freedom way faster. His expenses may have been higher but he is way more capable and have great lifestyle.
Here are my observations:
- Final Cash Position: At the end, it doesn't matter how much, a guy has in his bank account, as long as his passive income exceeds his expenses, he stops. With a strong final cash position, one can easily buy any cashflow assets.
- Stocks and Shares: I didn't bother about investing in stocks and shares. I think they are bullshit.
- ROI: The ROI calculation was too simple. It simply calculated the return-on-investment, simply by dividing the income with initial investment. It was not a good indicator/assessor of good returns. If one pays, 5% down. The ROI would be greater than a 10% down.
- Risk: This was one of the worst areas. The game only allows 5-10% down payments. The rest are bank-loans. This is very dangerous. If the asset goes more than 5-10% down, the bank is going to recall the loan as the asset is not giving a good cover to their outstanding loans. In financial downturns, one would lose the rental income too. If these properties are on loan, one would be 冚家鏟!
My Comments:
- Cash Purchases: I am still a fan of cash purchases. I simply hate leveraging. I knew many people leveraged and won big time. But, I am also knew of many more, myself included, to have lost big time. Call me a chicken, call me once-bitten, twice-shy. I am not playing the leveraging game ever. Even credit cards are shunt, because it will eat greatly into the cashflow. If no ready cash, just spend less.
- Property Game: It is a very long term game. It will stretch 20-40 years, if on bank loan. During this period, there would be multiple financial calamities that one has to face. Please don't tell me that you are too smart and are smart enough to avoid them. One may be able to avoid one, but multiple, I sincerely doubt.
- Stocks-and-Shares: Please stay far far away.
- Intellectual Businesses: Very hard to start and very hard to sustain, although it is very cheap to begin in one. In fact, Kiyo suggested working for big companies and grow the passive income from the active income earned. Business-building is for the extremely brave.
Thursday, 22 May 2014
b.Many a Big Project
The last part is here: Longevity Businesses
I have been questioned by a blood relation: Have I spread myself too thin involving in so many huge projects?
The answer is NO. I have too much unspent energy. So much so that not every project occupies my entire time. During the gaps, I have to fill it with something. The best part is that the projects I needed them to move quickly frequently ended up the slowest and don't really eat up too much of my time. For those unexpected progresses, they usually yield very pleasant results. For the unexpected delays, because I don't borrow, they normally ended up okay by a mile. Some things are best handled in slower time cycles.
Take for example: I took a long road trip up to the Siam border. The key performance indicator is I should take notes on the swiftlets' paths. Along the way, I reviewed both housed properties and vacant lands. Based on common assessment, running a birdhouse is more challenging than buying a human house. I need to source for proper birdhouse plans before I can build and hope like hell I can harvest. Since this birdhouse project needs further discussion on expertise requirement. I have no choice but to hold it back till I can get a better visibility. Luckily I do review houses along the way. The purchase of human houses now taken a forefront. This showed how fun it is to have multiple concurrent projects. Just when I thought human houses are boring, they jumped started my fun. Now these houses can be purchased and minimally fixed and immediately rentable. Why? You asked. Well, my earlier house purchase was finally fixed after one solid year. Immediately I had neighbours plying my door everyday asking me to release the rental unit to them. They don't mind negotiating on the rental once I am okay to rent. My investment has started returning immediately. What a fun way of employing cash. In very short years, my capital would have returned completely, with free freehold properties in my name.
Cashflow Android Game: I just replayed the Kiyo's little game. His premise is that one should invest in cashflow property game as soon as possible. In normal times, this is a perfect game plan. But, one has forgotten that every 10-20 years, there would be a tsunami playing one's ass. Since this game plan takes at least 20 years to realise, one's ass would have been torn to bits. So it is not easy to win in this cashflow in a simpleton manner. I played the game by trying to buy properties cash. Kiyo punished me for being conservative and slow to react. Next I buy only properties that have at least 50% returns. Again Kiyo punished me by giving very slow cycle returns. If by simply playing kiyo's cashflow game, one gets ahead, then truly there would be no more poor bastards.
I have been questioned by a blood relation: Have I spread myself too thin involving in so many huge projects?
The answer is NO. I have too much unspent energy. So much so that not every project occupies my entire time. During the gaps, I have to fill it with something. The best part is that the projects I needed them to move quickly frequently ended up the slowest and don't really eat up too much of my time. For those unexpected progresses, they usually yield very pleasant results. For the unexpected delays, because I don't borrow, they normally ended up okay by a mile. Some things are best handled in slower time cycles.
Take for example: I took a long road trip up to the Siam border. The key performance indicator is I should take notes on the swiftlets' paths. Along the way, I reviewed both housed properties and vacant lands. Based on common assessment, running a birdhouse is more challenging than buying a human house. I need to source for proper birdhouse plans before I can build and hope like hell I can harvest. Since this birdhouse project needs further discussion on expertise requirement. I have no choice but to hold it back till I can get a better visibility. Luckily I do review houses along the way. The purchase of human houses now taken a forefront. This showed how fun it is to have multiple concurrent projects. Just when I thought human houses are boring, they jumped started my fun. Now these houses can be purchased and minimally fixed and immediately rentable. Why? You asked. Well, my earlier house purchase was finally fixed after one solid year. Immediately I had neighbours plying my door everyday asking me to release the rental unit to them. They don't mind negotiating on the rental once I am okay to rent. My investment has started returning immediately. What a fun way of employing cash. In very short years, my capital would have returned completely, with free freehold properties in my name.
Cashflow Android Game: I just replayed the Kiyo's little game. His premise is that one should invest in cashflow property game as soon as possible. In normal times, this is a perfect game plan. But, one has forgotten that every 10-20 years, there would be a tsunami playing one's ass. Since this game plan takes at least 20 years to realise, one's ass would have been torn to bits. So it is not easy to win in this cashflow in a simpleton manner. I played the game by trying to buy properties cash. Kiyo punished me for being conservative and slow to react. Next I buy only properties that have at least 50% returns. Again Kiyo punished me by giving very slow cycle returns. If by simply playing kiyo's cashflow game, one gets ahead, then truly there would be no more poor bastards.
p.Return from a Powerful Retreat
The last part is here: Longevity as Religion
A good Taiwanese show: 世界第一麥方
I cried while watching this show. The Taiwanese got it right. If one is stupid, one can only stupid stupid follow the way laid down by the teacher. By going along the narrow straight path, only then one day, one will see the true way. I have always been stupid.
I have gone for a 3-month retreat. I have fully rejuvenated and now I am ready to go at it again.
Many things and concepts have changed over the 3 months. I am humbled by the experience.
One most important concept I have learnt is the FLOW. If that fucken little island has no more opportunities, you can beat yourself to death, you will still not have new opportunities.
Therefore, build that bridge urgently. That's why there are so much emigration going on. Humans are not stupid.
Just today, a very old man talked to every air hostess on the flight making smart lewd remarks. He lived in white land for 35 years and he was smirk about his happiness. These air hostesses shunted him like a flea dog. Obviously he has made it well in white land by being early in the generations game. But, to what ends, by irritating every air hostess for free drink is not the way. I guessed he showed no sexual powers, hence, the gals are not keen to fuck him. One has to show sexual powers if one wants to date the young things. Smart lip service won't help.
On an important note:
I want to thank Chrysanthemum for her unwavering trust in me. In reality, I was rewarded with unbound freedom. This freedom opened my eyes to a world of opportunities.
She showed me a piece of 200-acres freehold land in Borneo that is selling for RM$1.5m that foreigner can buy. I am happy for her.
A good Taiwanese show: 世界第一麥方
I cried while watching this show. The Taiwanese got it right. If one is stupid, one can only stupid stupid follow the way laid down by the teacher. By going along the narrow straight path, only then one day, one will see the true way. I have always been stupid.
I have gone for a 3-month retreat. I have fully rejuvenated and now I am ready to go at it again.
Many things and concepts have changed over the 3 months. I am humbled by the experience.
One most important concept I have learnt is the FLOW. If that fucken little island has no more opportunities, you can beat yourself to death, you will still not have new opportunities.
Therefore, build that bridge urgently. That's why there are so much emigration going on. Humans are not stupid.
Just today, a very old man talked to every air hostess on the flight making smart lewd remarks. He lived in white land for 35 years and he was smirk about his happiness. These air hostesses shunted him like a flea dog. Obviously he has made it well in white land by being early in the generations game. But, to what ends, by irritating every air hostess for free drink is not the way. I guessed he showed no sexual powers, hence, the gals are not keen to fuck him. One has to show sexual powers if one wants to date the young things. Smart lip service won't help.
On an important note:
I want to thank Chrysanthemum for her unwavering trust in me. In reality, I was rewarded with unbound freedom. This freedom opened my eyes to a world of opportunities.
She showed me a piece of 200-acres freehold land in Borneo that is selling for RM$1.5m that foreigner can buy. I am happy for her.
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