Calling out Bill Gross?! [2015/7/9]

 Bill Gross has been called out for not following through his trade idea of shorting China.

It is highly likely that the people who called out Bill Gross either do not know how to

invest or trade, or they like to complain at everything.

First, institutional trading is quite complex because it is not easy to move massive

amounts of money at once and the institution has to ensure that proper risk

management is in place.

Second, many institutions have many investment thesis and they have their own

investment decision process.

It is likely that Janus decided not to follow the short China trade either due to risk

concerns or they had other perceived higher profitable trades.

People should really examine their track records before they call out Bill Gross. Yes, he

has messed up recently and got fired from PIMCO. But he is the best bond manager of

all times.

To learn about Bill Gross' amazing performance and career, please listen to Masters of Business podcast.



From Snapshot Serengeti

Give Thanks [2015/7/7]

Jesus, we just want to praise You for Your unending love. Father, the world is wicked but we will win the world through You. Let us be more loving and serve others. Let us go the extra mile and show the love that You have given us.

1. Thank You Lord for waking me up this morning. Another to be obedient and glorify You Jesus. I will become holier everyday ^^ More loving :D

2. Thank You Father for Your unending wisdom. Let me become wiser and follow You more. Lord, let my life be a dedication to You.

3. Thank You Jesus for helping me solve a coding problem. Yes, I not be lazy and study more.

4. Thank You Father for a good dinner. Lord, let us have great fellowships so we can unite in You and stay strong.

5. Thank You Jesus for my wonderful family. Let us be the family of believers. The family who will obey and follow You Jesus.

6. Thank You Father for water. I realize how much water I drink and how bad things would be without water. Let us be always thankful for your blessing.

7. Thank You Lord for internet. Yup, we have great knowledge all around. Let me focus on using the internet for good and waste less time reading meaningless stuff.

Thank You Father for Your love. Let us be more thankful and abide in Your word. Let us not be foolish but wise and loving.


From Snapshot Serengeti

Give Thanks [2015/7/8]

Lord, we just want to thank You for everything. Thank You for being able to thank. Lord, let us spread Your love to all nations.

1. Thank You Jesus for clothing.

2. Thank You Lord for enabling me to practice the guitar. It is so amazing that I can make sounds with the guitar.

3. Thank You Father for good productivity and peace of mind. Father, let us always rely on You and praise You.

4. Thank You Jesus for a great bible study and fellowship. Let us work harder for Your Kingdom, let us not be lazy.

5. Thank You Lord for forgiving our sins. Thank You for giving me the courage to repent. Father, I am so unworthy yet Your love overcomes our iniquities. Thank You Lord. Let me be holier everyday.

6. Thank You Jesus for worship songs. They do light up the spirit :D

7. Thank You Jesus for Kindle, absolutely love reading books ^^

8. Thank You Father for Your wisdom. You give me so much wisdom. Let me become wiser and do Your will. Let my life be a fragrant offering to You.

Jesus, we just want to thank You for Your Majesty. Let us become more loving and holy. Please forgive our sins and let us overcome sin so we can glorify You.




 From Snapshot Serengeti

What I have learned today [2015/7/7]

1. World's best selling drinks are whiskey, vodka, and Liquer. Whiskey is understandable given it is highly priced but liquer. Diageo owns Johnnie Walker and Smiroff.

2. Trash pick up Uber will definitely transform the recycling and waste business. With demand pick up, we will have less waste, cleaner streets, and happier people. We really need this as soon as possible with all the trashed furniture in LA.

3. 1 out of 3000 junior mining companies go from early stage exploration to production,

4. In 2014, consumers spent 5 billion on digital gift cards and online gift card sales are growing at 29% a year.

5. Every dollar lost online due to fraud can cost $3 to the retailer. We need to increase digital security because it is easier to commit fraud and harder to catch. Also, consumers should be wary and report immediately if they see anything suspicious.

6. Netflix is releasing its own movies. Yup, it's the battle of the contents in media. I expect more original and high quality series and movies from Amazon, Hulu, and Netflix. I hope people don't do too much binge watching.



From Penguin Watch

What I have learned today [2015/7/6]

1. Chinese and Hindi are the most spoken languages in the world. English is spoken 101 countries.

2, Air conditioner was invented in 1925.

3. Amazon is having prime day! Wow...this is really going to disrupt the retail market. Go Amazon! Hopefully, it doesn't increase impulsive shopping.

4. A ultraviolet light device has been created to sterilize rooms. We should install them in every household and public area. Yay, less infection!

5. Before radios, pilots navigated using large concrete arrows.

 

From Snapshot Serengeti

What I have learned today [2015/7/5]

1. Burt Shavitz, founder of Burt's Bees died. We will miss him....

2. Hydroponic produce is increasing in the US as the water and land costs rise.

3. Vacations can be happier if you can incorporate the vacation experience to your life.

4. Charcoal production is inefficient and its energy production is also inefficient yet over 51 million tons of wood charcoal were made worldwide. We need to focus more on replacing charcoal first then focusing too much on clean energy.

5, Seahorse tail structure may provide a good design to build more mobile robots.

6. Wheelbarrow was invented in China.

 

From Snapshot Serengeti

What I have learned today [2015/7/4]

1. According to KPMG, 30% of the top 50 firm's website are not mobile friendly. This is an issue because personally, I do more mobile search these days and if the website is not mobile friendly, I just close it. So firms need to fix this given that the benefits are probably much greater than the costs.

2.  It is hard to take good pictures even with good camera. It takes lot of learning and practice :D

3. Cleaning barbecue grill is hard and kills the joy of having a barbecue :p

4. Amazon really has an amazing selection.

5. Law school applications are going down.



From Snapshot Serengeti