March 10, 2008

Inner Working of a Cell

Business/Management,Physical Science,Psychology,The World

http://multimedia.mcb.harvard.edu/media.html Very amazing video. In a way, a human being is just a compilation of individual automatons, with each automaton has its own biological function. Together, the automatons make up a complex system which we define as one human being. If you think of a human being as a cell, with its designated functions, we can imagine any organizations to have its own consciousness and spirit, just like a biological being. Therefore, it does not surprise me that an army, […]

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February 11, 2008

TOC & Management

Business/Management

Today I went to Barns & Noble and dig up a book I read two years ago, The Goal. Three hours gone by and I re-read some of the most interesting chapters. Hats to Goldratt, Good books like this one is hard to come by. It is a great inspirational story with down-to-earth insights. Most importantly, it tackles on theoretical challenges of management with common sense techniques. Now let me write down some great ideas so I don’t forget:    […]

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January 30, 2008

Value Investing

Finance/Investment

I am reading the Intelligent Investor, and I feel like writing down some notes about companies I should avoid buying for future reference:       1. Extensive Acquisitions 2. A lot of debt or financing activities 3. One or few customers 4. Lack of durable competitive advantage 5. Unstable or unsustainably fast earning growth 6. Too little or too much R&D Spending 7. A huge salary for CEO means the company is run by managers for managers 8. Options dilutes […]

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December 15, 2007

Reflection on Starcraft

Business/Management,Finance/Investment,Psychology,Strategy

After some discussion with my friend M and some more thinking,  I’ve decided that what I’ve learned in playing starcraft beats many eduction I’ve received.     Here are my reflections on the wisdom obtained by playing starcraft:     1. Getting Rich.   One of the most useful concepts in the book Rich Dad, Poor Dad is the way to financial freedom can be achieved by building a portfolio of passive income streams.   Being a starcraft player, I’ve known this […]

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December 1, 2007

Human Psychological Bias

Finance/Investment,Psychology

Today I just finished reading Robert Cialdini’s famous book: Influence: Science and Practice.         The book explained human behavior has various “rule of thumb” which are the results of evolution.         Reciprocation – We want to give something back when we received a favor. This principle is behind many marketing and sales campaigns in which a small gift or favor is given to a potential customer to induce their business or loyalty.         Commitment and Consistency – […]

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