busy.. but love it..

busy with a project.. will not be posting for a while..

=)

Time to Get out of the Market

One of my mentors for stock investing/trading, Chua Soon Hock (Hedge Fund Manager, Asia Genesis Asset Management), wrote to the Straits Times Forum last week, warning the public that now is not the right time to jumb into the market. (His letter was published in ST July 6 2007. He is currently managing a fund of over US$450 million. So, we should really pay attention to what he says.)

He warned of the extreme excitement of the public in the market. I can fully understand his point because within a short span of the past few days, I got approached by four friends asking me how to open a trading account. (It's the same situation in China right now. Every grandpa, grandma, aunty, uncle and men on the street are rushing to open stock trading accounts. And It is not a good sign.)

Alan Greenspan (former Federal Reserve Chairman) also recently warned of a repeat of "Irrational Exuberance" (a term he coined just before the burst of the market bubble in 2000).

I liquidated all my portfolio two months ago. My motto for investing: "Buy when everybody is selling. Sell when everybody is buying."

=)

if tomorrow never comes..

A close friend of mine passed away a few days ago. Having known her for nearly two years, it made me realize that life can be fragile at times. And it really made me see life in a new different way. You know, we all have our dreams of doing something, achieving something, changing the world, living life to the fullest. But sometimes, we get so busy with our everyday routine that we tend to forget what is really important to us. Before we know it, the time for us to leave this world arrives. And we look back in life and say: I wish I would have done that; I wish I could have done that; I wish I should have done that.

As we all know, we do have a choice of eliminating those would-haves, could-haves and should-haves. But like Anthony Robbins said, most of us tend to "major in minor things", instead of focusing on the big picture. You know, like "what should I wear today?", "should I eat chicken rice or hokkien mee?", "I should have had my hair trimmed a little shorter.", and the list goes on and on.

In his famous commencement speech at Stanford, Steve Jobs said, "For the past 33 years, I have looked in the mirror every morning and asked myself: If today were the last day of my life, would I want to do what I am about to do today?" Steve Jobs lives each day as if it were his last day. No wonder he has achieved so many things in life.


So from this day onwards, I have decided to live my life without any regrets.

JJ, you will always be missed by all of us. I dedicate this post to you. May you rest in peace!

nmt

Dinner with a Visionary and Ping Party

I just had dinner with Ridz from XSMatter this evening. I got to know him at Nexus 2007 a few months back. He is one passionate guy, who has a lot of fire in his belly. He successfully organized VillageTalk a few weeks ago, which is modelled after very successful TED talks in the states. (The next VillageTalk will be held in coming September. Do look out for it.)

Over the dinner, he told me about his business, his next project, his ideas, his family and of course, his famous scandal with tstar. (Yo, Ridz, every pingsters knows.. you must be responsible ya.. haha..)

Talking to him made me realize that we have a lot of things in common. I will be meeting him again at Ping.sg 1st Year Anniversary party. (rumour has it that Ridz and tstar will be singing a duet.. haha..)

Oh, by the way, if you still don't know, Ping.sg is having its 1st Year Anniversary party at Geek Terminal this coming Saturday. Here are some of the people that I am really looking forward to meeting at the party:

- Uzyn (founder of Ping.sg and the guy who "hacked Today's RSS feed")
- Paddy Tan (founder of BAK2u, a mobile/laptop anti-theft software company)
- DK99 (Decay on the Net) I am voting him for Most Interactive Blog and Most Insightful Post
- Veron (sparklette.net) Voting her for Best Blog Design
- Eastcoastlife (eastcoastlife) Voting her for Most Controversial Post and Most Entertaining Post
If you are going to the Ping party, see you there!

=)