In Malaysia, Chinese New Year is always preceded by fresh and pleasant breeze. We call it the new year breeze. It will come up within a month before Chinese New Year (CNY). The most important activity during CNY is the 3 player mahjong. So today let’s review the game:
Entries Tagged as 'others'
CNY Breeze and 3 Player Mahjong
January 16th, 2014 No Comments
Tags: Chinese New Year · Mahjong · New Year Breeze · others
Wealth Consumption Effect
December 8th, 2013 No Comments
We first talked about Quantity Theory of Money some time back (click here for the post) focusing rather on the macro picture. For example how do money printing and manipulation of money supply become government’s propaganda tool. Today we’ll take a look from a micro effect perspective, namely wealth effect and how does it affect us.
Tags: absolute performance vs relative performance · others · quantity theory of money · Sir John Templeton · velocity · Warren Buffett · wealth effect
Scroll of Heaven, Scroll Of Earth
November 6th, 2013 No Comments
From the popular anime series Naruto, episode 37 (click here for the link), the second phase of the chunin exam requires the genin* teams to obtain one earth scroll and one heaven scroll upon entering the ‘Forest of Death’. The objective is to reach the building in its centre within five days. Each of the 26 teams will be given […]
Tags: aerobic · anaerobic · mental · Naruto · others · physical
4 Steps to Perfect English
June 30th, 2013 No Comments
I read with amusement articles posted on facebook recently regarding the deteriorating standard of English in this country. I offer a quick guide to those who wish to better themselves in this area. A few areas to take note:
Of Greed and Fear
May 19th, 2013 No Comments
It is said that the two greatest emotions are greed and fear. It moves anything that has a price action in it. Which is exactly why and how the stock market, the property market, the foreign exchange market or any markets move through a cycle of ‘boom and bust’ (just as how the legendary George Soros coined it)
Tags: adaptive · boom and bust · complexity theory · fear · fear of losses · fear of missing out · George Soros · greed · information risk · others · predictive · price risk
Macroeconomics Myths: Quantity Theory of Money & The Multiplier Effect
March 30th, 2013 No Comments
We continue our discussion from the previous post where we talked about money supply, currency devaluation and the new 21st century war called the ‘currency war’. James Rickards, author of Currency Wars described it succinctly when he said, “Currency wars are akin to tug of war. Nothing much seems to happen on the surface. But as […]
Tags: macroeconomics · multiplier effect · others · quantity theory of money
Quantitative Easing (QE), Cyprus’ Bailout, Russia’s Gazprom, China’s Rare Earth, Japan’s Meiji Restoration…And A Malaysian In The Crossfire. What Do All These Have In Common?
March 23rd, 2013 No Comments
(1) On the World Landscape (a brief outlook on what’s happening around) Quantitative Easing and EU Bailouts Recall from macroeconomics 101 that GDP, which measures a country’s economic output is widely defined as GDP = C + I + G + X, where C = private consumption, I = Investment, G = government spending and X = net export. […]
Tags: currency wars · others
The Ellsberg Paradox
January 13th, 2013 No Comments
The Dilemma: Suppose you have 2 urns in front of you, Urn A and Urn B . Both urns contain red marbles and black marbles. Urn A has 50 of each colour, making it to a total of 100 marbles, but Urn B’s mixture is unknown. What we know however is that it also contains 100 […]
Tags: certainty of information · Ellsberg paradox · Jonathan Fields · Khalil Gibran · others · Reason and Passion · social judgement · uncertainty
Free: The New Currency
December 27th, 2012 No Comments
About 10 years ago while I was still an undergraduate, I remember taking a course called Knowledge Economy. The lecturer who also co authored the textbook we were using, described how knowledge will be the new capital vs what emerged from [the remnants of] the Industrial Revolution where the factors of production are (a) labour (b) land […]
Tags: Free · freemyapps.com · Goldcorp Inc · green economy · Knowledge Economy · others · prosumer · scarce · self provisioning · Wikipedia
The Jevons Effect
December 19th, 2012 No Comments
The latest craze in Malaysia is arguably the Big Bad Wolf sale from 7 – 23 December 2012. It is the biggest book sale in the world with more than 3 million books offered at steep discounts. I was told that the mastermind behind this is the same couple who run BookXcess. I would be very much […]
Tags: Big Bad Wolf 2012 · Income effect · Jevons effect · Jevons paradox · Mind · others · Rebound effect · Substitution effect
