Know what you've got,
Know what you need,
Know what you can do without,
- there is inventory control.
Sunday, April 26, 2009
World Port Ranking 2007
All way back to history, the economic development of a place is very much linked to how busy its port is. Needless to say, the top 5 (by TEO throughput) is always buzzed with trade activities. And, all these top 5 ports fall within Asia. If trade activity says about globalization, Asia would be more connected to the world. Due to geographical location, Singapore & HongKong could still lead the tables as trade between US & China only see an uptrend in future.
Saturday, April 25, 2009
World Gold Holdings
As per recent increase in gold holdings by China, this snap-shot shows 2008 Sep gold distribution. At ancient time, gold represents power in most of the kingdoms. In this modern world, gold still carries a lot of weight against forex. A study shows that, while currency depreciates across time, gold has gone against that tide. Therefore, it is a critical necessity for country that needs stable growth, to be sheltered from financial crisis due to currency depreciation.
One interesting thing here is - the US & European countries have tremendously higher gold % in reserves, compared to Asian countries. Yet, their total financial reserves is far much lesser than Asia counterparts. That says three things: (1)huge gold % contributes to economy stability (2)huge financial reserves is not a necessary requirement for developed economy (3)Asian countries are funding the economy of West.
Turn spending into investing
Just to pen down thoughts, before memory can hold..
Under chapter of Economic Productivity of Households, it emphasizes on few important points:-
At this moment of life, when small wealth accumulates from mundane working life-style, I am like many others, concerning over the longer term financial wealth. It involves decision over buying of home, the choice of lifestyle, investment path going forward and so on. The insights of the article could indeed give us a good direction for the next 10 years or so. =)
Under chapter of Economic Productivity of Households, it emphasizes on few important points:-
- invest for a good location home
- forget about fast depreciating auto-mobile, clothing, etc
- health conscious & exercise
- invest for long term (medical stock)..
At this moment of life, when small wealth accumulates from mundane working life-style, I am like many others, concerning over the longer term financial wealth. It involves decision over buying of home, the choice of lifestyle, investment path going forward and so on. The insights of the article could indeed give us a good direction for the next 10 years or so. =)
Tuesday, April 21, 2009
Knowledge
Ever since I started working, I always had the thought that course taught in school is of little uses. This perception has also been widely "shared" with fellow colleagues.
Today, I had a chance to talk to R&D VP from another company. To his background, it is his inclination to share theoretical reasoning - so far off from the practical stuff that we did day-to-day. We were, in great desperation of practical methods, and this innovative idea comes as THE ANSWER to everything that we face. I reached my natural-high when I learnt the power of theory in face of complexity.
Practical has its limitation, without theory governing THE WAY. Not knowing the theory, we are trying to clear out path in jungle, without using a compass. Also, I am damn wrong about schooling. Knowledge, is as good as dead, if we do not pull it off the books.
I think, we need to learn how to use the knowledge, more than learning knowledge.
Wednesday, April 01, 2009
Ultimatum WorkLife
Today, I enjoyed moment of relaxation in workplace. I would see it as a great achievement: finding the right working style, the right natural pace. I am very satisfied. =)
The most relaxing moment, is also the most productive moment for the brain, I would say so. That moment, my brain is exploring new era, scanning through new knowledge, and retaining most of them. It is time, when I think I am in a DIRECTION, in a way that I want to be.
This rare moment is the motivating factor, that would drive me to constantly looking for somewhere right for me. I hope the journey will not take long.
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