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Think ahead Beat the Banks |
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General Discussion
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Written by Ben
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Wednesday, 03 September 2008 |
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Banks are now allowed to invest up to 25% of their
paid-up capital in other listed or unlisted companies. Before, they are
only allowed up to 5% in selected blue chips. This means that there
will be very much more money in the market to buy shares. Blue
chips have become very blue (expensive). Will the banks start buying
blue chips now or will they push them down before they buy. Do they
have the muscles to do that? What
kind of stocks will they be looking into? Baby blue chips, dividend
counters, or mesdaq counters? If you can figure that out correctly, the
money is there for the picking. Put on your thinking cap. Beat the banks. If you have a good idea, please comment. Note: This article is an older post from Blisswise.Blogspot.com.
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Malaysia-Today.net Mirror Site |
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General Discussion
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Written by Administrator
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Thursday, 28 August 2008 |
So, MCMC has blocks Raja Petra's Blog (Malaysia-Today.net) because they said it breach the cyber law. Ohh well, that's the best and the worst our government can do... to block the media access and to avoid reality that is creeping them up.
No worry at the moment if you cannot access Malaysia Today, here is the mirror site of Raja Petra's Blog.
http://mt.harapanmalaysia.com/2008/
May the Rakyat win.
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General Discussion
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Written by Administrator
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Friday, 15 August 2008 |
Look at that. How iresponsible a Malaysian could be? You can find the below near Puchong Perdana (Selangor) bridge. The local government should quickly clean that up.
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Beijing Olympic 2008 opening ceremony giant firework footprints 'faked' |
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General Discussion
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Written by Leremy
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Monday, 11 August 2008 |
Parts of the spectacular Beijing Olympics opening ceremony on Friday were faked because of fears over live filming, it has emerged.
Organisers feared it would be too difficult to
capture each footprint live so inserted computer graphics for viewers
at home and in the Bird's Nest stadium
As the ceremony got under way with a dramatic, drummed countdown, viewers watching at home and on giant screens inside the Bird's Nest National Stadium watched as a series of giant footprints outlined in fireworks processed gloriously above the city from Tiananmen Square.
What they did not realise was that what they were watching was in fact computer graphics, meticulously created over a period of months and inserted into the coverage electronically at exactly the right moment.
The fireworks were there for real, outside the stadium. But those responsible for filming the extravaganza decided in advance it would be impossible to capture all 29 footprints from the air.
As a result, only the last, visible from the camera stands inside the Bird's Nest was captured on film.
The trick was revealed in a local Chinese newspaper, the Beijing Times, at the weekend.
Gao Xiaolong, head of the visual effects team for the ceremony, said it had taken almost a year to create the 55-second sequence. Meticulous efforts were made to ensure the sequence was as unnoticeable as possible: they sought advice from the Beijing meteorological office as to how to recreate the hazy effects of Beijing's smog at night, and inserted a slight camera shake effect to simulate the idea that it was filmed from a helicopter.
"Seeing how it worked out, it was still a bit too bright compared to the actual fireworks," he said. "But most of the audience thought it was filmed live - so that was mission accomplished."
He said the main problem with trying to shoot the real thing was the difficulty of placing the television helicopter at the right angle to see all 28 footsteps in a row.
One advisor to the Beijing Olympic Committee (BOCOG) defended the decision to use make-believe to impress the viewer. "It would have been prohibitive to have tried to film it live," he said. "We could not put the helicopter pilot at risk by making him try to follow the firework route."
A spokeswoman for BOCOG said the final decision had been made by Beijing Olympic Broadcasting, the joint venture between the International Olympic Committee and local organisers that is responsible for providing the main "feeds" of all Olympic events to viewers around the world.
"As far as we are concerned, we let off the fireworks - that's what's important to us," she said.
Mr Gao said he was worried that technologically literate viewers who spotted the join might be critical, but comments online suggested more admiration of the result.
Although the event as a whole received rapturous reviews abroad, that has not been entirely the case at home. Some internet comments were hostile, saying that while it looked stunning the contents were vacuous.
Others focused on the sheer numbers of people involved - more than 16,000 performers, mostly from People's Liberation Army song and dance troops.
"That certainly showed China's unique character," said one comment. "Namely, that we have 1.3 billion people."
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The Importance of Investing |
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Stock Market
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Written by Ben
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Wednesday, 30 July 2008 |
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Benjamin Graham, the father of value investing, taught Warren Buffett
that “Investment is most intelligent when it is most businesslike”.
Buffett acted on this philosophy and today he is the second richest man
in the world. You too can become rich by following this wisdom. “Investment is most intelligent when it is most businesslike”. Commit this to your memory; it will do you a world of good. It
is extremely important to know the difference between “to invest” and
“to trade”. While the former is the road to riches, the latter is the
way to ruin... To invest in
the stock market means to exchange your money for equities that promise
safety of principal and a good dividend yield, after careful
investigation. To trade is more akin to gambling. It goes after the
price instead of the value. Buying and selling in short period of time
(usually within a month), traders hope to make quick gains by riding
with the trend. Many have failed and many more will find that trading
does not pay in the long run. The
stock market is a marathon, not a sprint event. Safety of principal is
your first priority. If you cannot cut losses quickly, follow the rules
of Warren Buffet. His number one rule is: Never lose money. And his
number two rule is: Always remember rule number one. If
you do not want to lose money, you must make absolutely sure that every
buy of yours is a value buy. That means buying sound, solid and
well-managed companies, after through research, at rock-bottom prices
at all times. Think intelligently and buy wisely. You need to be smart from the start. Good luck and all the best.
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