Tomorrow i will be back to KL for my summer holidays!
There's always this clingy feeling when leaving a place you've stayed for some time. Like the last day of a very long vacation, i've always got this sentimental feeling of not wanting to leave, even though i will be back in just a 2-3 months time. Do i really like this place that much? Or i just doesn't feel like going back to Malaysia? I can't tell. Most likely neither is the answer...
Sydney have indeed brought me this whole different experience than that of when i was in Melbourne for a year. I would not compare them as there or no where near the same. The people i am with, the place i stay, the studies i do, the life i generally live by, are totally worlds apart. Yes, i did like the life in Melbourne which i left wishing i had enjoyed it more and that it would last longer. But who doesn't recall a period of their past? Just like our childhood memories. As for Sydney, i guess i did enjoy enough not to regret, or that the fact i'm planning to stay for good gives me the feeling not to long for it more. I wonder why...
Life feels like a journey to me. And in this journey i travel many places, meet many people, and try many things. Some will remain in my heart forever while some will be blown away life sands in the ocean breeze. As i look back the path i went, i really wondered if i was merely a shadow or other's past or have i carved a footstep deep enough to endure the test of time. Next year, i will once again move on to a new place, meeting new people, doing different things. I really wonder how this journey of mine will turn out. As for now, lets get back and see how my good'ol friends are doing with their journey!
29.11.10
10.11.10
The next..... Warren Buffett..?
Been busy lately altho exams are pretty much over. I hate it when people conveniently assumes that people who finish their exams are damn free and therefore can dump all their work to you just because they are "less free"? I mean, hello, we have a life (contrary to popular beliefs, SOME actuaries actually still have a life you know)!! And even if we don't, don't you think after 4 months of sleepless stressful chaotic and lifeless life (i know it doesn't make sense), we deserve a god damn break from everything!!!! I just want some time out man!
Ok, enough whining, not sure why every time i blog, its whine whine whine, shall try to control that in the future.
Have i told you that staying with rich people sucks? (Oops, whine again!) No but really, it kinda give you an eye opener that how a little money can go a long way. They didn't even earn that money, their parents did and they spend it like they deserve it, without second thoughts. This bring me to the topic to how these people get so freaking rich!!
We all have to admit, no matter how un-money-minded you are, deep down inside, everyone wants to become rich. We just don't know how. Or we know its too difficult and therefore lie to everyone that money matters not to them. I know some people and friends tend to think that i am money-minded but there are some difference between financial savvy and money craze ok? And im NOT the latter. =p
Well, how to get rich? Hmmm.... tough question eh? So why not we ask someone who IS rich, they should know how. So let's take Mr Buffett then, second richest man in the world and prominent value-investors.
In a book which he gave advises named the "Snowball", he highlighted the one most powerful tool he think made him rich, a tool that everyone knows and can easily practice. The greatest money making business ever created - Compounding!
Its that simple ! You put some money aside and let it grow, then periodically put in small amounts, and after sometime, you will get a huge amount! Just like a Snowball! As it rolls downhill, it accumulates snow, and it accumulate at a greater and greater rate until it becomes....an Avalanche!
Too good to be true? Mayyyybe. But wait, don't everyone know about this already, huh? Then why is everyone not already rich? I mean god-damn it, if its that simple, why the heck don't you teach it to me during primary school. Or even before that! The secret of compounding should have been taught to me much earlier. Then i wouldn't have went to primary school, just put all the school fees, book money, everything into the bank. Skip primary school too and so is secondary and put all the money away. Then no degree or even Master, putting into the bank for compounding. Then by the time you graduated from college, i would have so much money compounded throughout the 22 years of your study, i can basically hire you, since i never been to school before you see. I'm basically a total idiot but so rich that all you study for is just to be as rich as me. =D So, why didn't ANYONE tell me this earlier, now i need to compound it until i am 50 years old to be rich, heck! After all ....
The truth is, it was never this easy. To have the disciplinary to constantly put money away that you would NEVER touch for 20/30 years is almost impossible for anyone. Even Mr. Buffett worked a few jobs when he was a kid, and gave up much of his teen and college life working saving his money to compound it. That is why i can say that there will be no one else like Mr. Buffett. Or to put it more accurately, there can no longer anyone be like Warren Buffett. Why? Is it that people now lacked discipline? lacked talent? lacked determination and skill?
No, its because the world is a different place now than before. As the society moves towards perfection, what make us (investors and arbitragers)rich - mispricing and loopholes in the system - are getting rare and far apart. Nobody wants to be rich when they are old, but rich when they are young so they can enjoy the wealth and show it off. And because of this, there is too much "temptations" going around for teenage these days, its hardly possible to save up. Speaking as a teen myself, in this era populated by seductive goods of desire, i stand to be corrected. If there were to be PS3, A Wii, Xbox, Iphones, Ipads, 3D Cinemas, Karaokes and whatnots in the era where Warren Buffett is still in his teens, i bet he would have failed to save and compound all that money of his for his investments and to be so rich. I for one, as an untalented undetermined and unskill man, faces these challenge everyday. Ahhh, what would Warren Buffett do?
So after all this, do you think there can still be another Warren Buffett? =p
Ok, enough whining, not sure why every time i blog, its whine whine whine, shall try to control that in the future.
Have i told you that staying with rich people sucks? (Oops, whine again!) No but really, it kinda give you an eye opener that how a little money can go a long way. They didn't even earn that money, their parents did and they spend it like they deserve it, without second thoughts. This bring me to the topic to how these people get so freaking rich!!
We all have to admit, no matter how un-money-minded you are, deep down inside, everyone wants to become rich. We just don't know how. Or we know its too difficult and therefore lie to everyone that money matters not to them. I know some people and friends tend to think that i am money-minded but there are some difference between financial savvy and money craze ok? And im NOT the latter. =p
Well, how to get rich? Hmmm.... tough question eh? So why not we ask someone who IS rich, they should know how. So let's take Mr Buffett then, second richest man in the world and prominent value-investors.
In a book which he gave advises named the "Snowball", he highlighted the one most powerful tool he think made him rich, a tool that everyone knows and can easily practice. The greatest money making business ever created - Compounding!
Its that simple ! You put some money aside and let it grow, then periodically put in small amounts, and after sometime, you will get a huge amount! Just like a Snowball! As it rolls downhill, it accumulates snow, and it accumulate at a greater and greater rate until it becomes....an Avalanche!
Too good to be true? Mayyyybe. But wait, don't everyone know about this already, huh? Then why is everyone not already rich? I mean god-damn it, if its that simple, why the heck don't you teach it to me during primary school. Or even before that! The secret of compounding should have been taught to me much earlier. Then i wouldn't have went to primary school, just put all the school fees, book money, everything into the bank. Skip primary school too and so is secondary and put all the money away. Then no degree or even Master, putting into the bank for compounding. Then by the time you graduated from college, i would have so much money compounded throughout the 22 years of your study, i can basically hire you, since i never been to school before you see. I'm basically a total idiot but so rich that all you study for is just to be as rich as me. =D So, why didn't ANYONE tell me this earlier, now i need to compound it until i am 50 years old to be rich, heck! After all ....
The truth is, it was never this easy. To have the disciplinary to constantly put money away that you would NEVER touch for 20/30 years is almost impossible for anyone. Even Mr. Buffett worked a few jobs when he was a kid, and gave up much of his teen and college life working saving his money to compound it. That is why i can say that there will be no one else like Mr. Buffett. Or to put it more accurately, there can no longer anyone be like Warren Buffett. Why? Is it that people now lacked discipline? lacked talent? lacked determination and skill?
No, its because the world is a different place now than before. As the society moves towards perfection, what make us (investors and arbitragers)rich - mispricing and loopholes in the system - are getting rare and far apart. Nobody wants to be rich when they are old, but rich when they are young so they can enjoy the wealth and show it off. And because of this, there is too much "temptations" going around for teenage these days, its hardly possible to save up. Speaking as a teen myself, in this era populated by seductive goods of desire, i stand to be corrected. If there were to be PS3, A Wii, Xbox, Iphones, Ipads, 3D Cinemas, Karaokes and whatnots in the era where Warren Buffett is still in his teens, i bet he would have failed to save and compound all that money of his for his investments and to be so rich. I for one, as an untalented undetermined and unskill man, faces these challenge everyday. Ahhh, what would Warren Buffett do?
So after all this, do you think there can still be another Warren Buffett? =p
Oh life...
6.11.10
Emptycup Reloaded!
Ah, finally, i feel the pressure of my back again, thought not completely, at least just slightly and there is s sight of relief. My finals are finally done and here i am back, to blogging again. I wonder if anyone still visits here thought? Or maybe i'm just merely talking to myself, which i do most of the time anyway =p
Well, exams didn't go very well. I really do think i flunk one of the course completely. I just don't want to worry about it know because i'm just so darn glad its over! I think i've studied more book in one year of Actuarial Studies than that of my past entire 21 years study life.
On a brighter note, am on holiday now which will be pretty free until my next hellish semester starts. But yet, i wonder why is there so much to do still on my to do list! It really does feels busier than before i was done with my exams. Heck!
Ow well, this is just a pre-notice for restarting of this blog, expect more to come ^^ is the next 3 months!
*On a site note, i really feel like i'm a born loner. More than i really think i am, more than i really wanna admit and i think i'm getting more of a loner now. I'm starting to dislike crowd and people coming into my life. What should i do? =S
Well, exams didn't go very well. I really do think i flunk one of the course completely. I just don't want to worry about it know because i'm just so darn glad its over! I think i've studied more book in one year of Actuarial Studies than that of my past entire 21 years study life.
On a brighter note, am on holiday now which will be pretty free until my next hellish semester starts. But yet, i wonder why is there so much to do still on my to do list! It really does feels busier than before i was done with my exams. Heck!
Ow well, this is just a pre-notice for restarting of this blog, expect more to come ^^ is the next 3 months!
*On a site note, i really feel like i'm a born loner. More than i really think i am, more than i really wanna admit and i think i'm getting more of a loner now. I'm starting to dislike crowd and people coming into my life. What should i do? =S
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