By firstname.lastname@example.org (Singapore Man of Leisure)
The world is getting smaller.
Taking candid shots of people involve both skill and luck.
I feel for the common folk who wanted to buy an economical Honda cub in Singapore for work… I mean the COE as a percentage of the total cost is ridiculous!
The irony is the professional who buys a Harley for aspirational reasons just looks at the COE price tag with a shrug.
Once you have visited Taipei, Ho Chin Minh City, and most South East Asian cities, you would understand why.
I have no complaints here.
For the sake of consistency, I don’t know about you… But I do hope we don’t let the idiot rental bikes get out of hand in Singapore… I mean its such an eye sore with all that indiscriminate parking.
Talking about rental bikes, I was so surprised to see them here in Chiang Mai!
Don’t worry. They are a completely failure here when we can rent a scooter for a song!
And just when I was going to write that I’ve yet to see anyone riding the above bikes, I just saw 2 Mainland Chinese girls riding them…
Want to make a bet where you think these 2 girls will leave the bikes?
Thankfully for the …read more
By Alvin Chow
I have been following and reading Tobias Carlisle’s books all these while – from Deep Value, Quantitative Value to Concentrated Investing. Each book has been enlightening and I gain new insights to investing after every read.
Recently, Tobias wrote and published a new book titled, The Acquirer’s Multiple.
The Acquirer’s Multiple: How the Billionaire Contrarians of Deep Value Beat the Market
I was puzzled when I first heard of this brand new book.
“Hmm, I thought he has talked about this concept in his earlier books. Why this again? Is this just another re-hashed product? Is he running out of new content?”
Since I had picked up very valuable tidbits from all his previous book, I decided to give it a chance and not judge the book by its title.
After reading the Preface, I realised this book was targeted at the beginners and is a simplified version of his previous books. It was a great refresher to the Tobias Carlisle’s Acquirer’s Multiple.
As I read it, 5 unconventional but practical value investing ideas stood out. I’ve extracted them out for you here:
#1. Pick ‘Cheap’ Stocks
Warren Buffett has a famous phrase,
Arrived at Chiang Mai, Thailand last evening around 5:00 pm.
Staying at this hostel near the old Southern City gate:
Yes, I got a bunk bed in a 12 people room. In case you were wondering, 300 baht is around SGD12.00 per night.
The “bosses” are all so young!? This one is the elder brother who runs the restaurant outside the hostel. The younger brother is handling the hostel check-in, check-out.
What luck! Stumbled onto a night market selling roadside food!
The fascination with is a cryptocurrency and worldwide payment systems that functions without a central bank or single, aka decentralized.
Instead of having paper money, which a government decides to print and distribute, Bitcoins don’t have that. What they do as oppose to that is have miners who confirm transactions.
They use a special software for this where they solve cryptographic puzzles. Their job is to take transactions, mark them as legitimate, and then spread them across the network.
In exchange for their work, they are issued a certain number of bitcoins. This is the reason why many try mining. Bitcoins, in turn, have become a good incentive for them.
Therefore, mining is an integral part of Bitcoin. It ensures fairness while, at the same time, keep the network stable, safe, and secure.
How does Bitcoin Mining Work
The growth of technology has undoubtedly given birth to unconventional ways of spending and earning money.
And right now in this 21st century, we have what we call “cryptocurrency”.
, you’ll find that it is a digital or virtual currency that works as a medium of exchange.
It uses cryptography, which is the art of writing or solving codes. The purpose of this is to secure and verify transactions, while at the same time control the creation of new units of a particular cryptocurrency.
The thing about cryptocurrency is that there are only limited entries of it in a database that no one can change unless specific conditions are fulfilled.
All of these things might sound too much heady for you. But basically, cryptocurrency is a form of digital money that is designed to be secure.
Another important thing to assess is that it is, in most cases, anonymous also.
#1 How Did It Begin
Now let us take it back to where it all started. Before heading in to the big event, which is the actual creation of cryptocurrency, let us first …read more
By Lionel Yeo
My sister has autism. She’s 30 this year, and she’s had it for as long as I can remember.
She’s probably the most joyful person I know. Maybe it’s because she doesn’t have to deal with, y’know, jobs or bills or angry clients. She sings to herself. She eats with gusto. When we scold her for misbehaving, she gets quiet for a while, and then she goes back to daydreaming as usual.
Most of the time, she’s pretty quiet. But sometimes, she gets into these hyperactive moods. She runs around with lots of energy and laughs and hyperventilates. She makes an awful lot of noise. She slaps her hands against mirrors and windows. She runs up to boys and puts her face really close to theirs.
When a 5-year old does it, it’s cute. When a 30-year old does it, it scares people off.
My sister doesn’t care what they think. She just does what she does, no matter how many people point and whisper. I’m jealous – I wish I could be as indifferent as she is. Most of the time, I feel bad for the people she bothers. I also feel a little helpless, because I know this will happen again.
But sometimes, …read more
Indeed. Why do we travel at all?