Lego Waffles?

Wow .. Lego Waffles ?

Try telling your kids not to play with their food after you give them this for breakfast ...

Next Moves in a Global Economy: Podcasts from the 2007 Wharton Economic Summit

During the recent 2007 Wharton Economic Summit, Knowledge@Wharton recorded nine podcasts with speakers and panelists at the event, whose theme was "Next Moves in a Global Economy." The interviews are with:

• Jeffrey R. Lurie, owner of the Philadelphia Eagles Football Club
• Shellye L. Archambeau, CEO of MetricStream
• Ramkrishan (Remi) Hinduja, chairman of HTMT Global Solutions, together with Sashi P. Reddi, CEO of Applabs Technologies
• Marc Utay, managing director of Clarion Capital Partners
• Kenneth Shropshire, director of the Wharton Sports Business Initiative
• Shiv V. Khemka , vice chairman, SUN Group
• Clark Callander, managing director of Savvian
• Amy Errett, CEO of Olivia
• William L. Mack, senior principal, Apollo Real Estate Advisors.

[Link to Podcasts: Knowledge@Wharton ]

8th Start-Up@Singapore Grand Finals Award Ceremony (30th May)

8th Start-Up@Singapore Grand Finals Award Ceremony
9:30am - 1:00pm, 30th May 2007
DBS Auditorium,
6, Shenton Way

Guest-of-Honour :
Mr. Teo Ser Luck
Parliamentary Secretary
Ministry of Community Development,
Youth and Sports

[Register Here]

Thoughts on reading after finishing "The Patton Mind"

I have just finished the book The Patton Mind - The Professional Development of an extraordinary Leader by Roger H. Nye. By any measure, Patton was an indefatiguable reader who never seemed to have stopped reading at any point in his life, even in the midst of wars.

Several key ideas come to mind after :

• Annote books with ideas/views/comments
• Summarise and distill key information
• Think critically and do not be quick to accept everything; Do not be afraid to disagree.(Patton occassionally scribbled "Bull" next to ideas he did not agree with)
• Re-read good books to gain more insights
  
• Read biographies and papers to understand the authors personally
  
• Study history to avoid past mistakes and apply discovered lessons to the present
  
• Don't waste time on fiction, it is far more important to grasp facts.
• Never stop reading
  

Going to hold myself to these ideas.

Top 10 Warren Buffet Quotes

A collection of some of my favorite quotes from the famous Omaha Investor. I like to think about them as a way of peeking into how he sees things:

1. "It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently." (To his son Howard)
   
   
2. "Somebody once said that in looking for people to hire, you should look for three qualities: integrity, intelligence , and energy. And if they don't have the first, the other two will kill you. You think about it; it's true. If you hire somebody without the first, you really want them to be dumb and lazy"
   
   
3. "I gave a talk last year; some student at Harvard asked me, 'Who should I go to work for?' I said go to work for whoever you admire the most. I got a call from the dean about two weeks later. He said, 'What are you telling these kids? They're all becoming self-employed.'"
   
   
4. "I want to be able to explain my mistakes. This means I do only the things I completely understand." (On Investing)
   
   
5. "Do a lot of reading" (On how to determine the value of a business)
   
   
6. "If they need my help to manage the enterprise, we're probably both in trouble." (On how he expects his managers to run the show)
   
   
7. "Rule No. 1: Never lose money. Rule No. 2: Never forget Rule. No. 1" (Investment Philosophy)
   
   
8. "The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable."
   
   
9. "Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway."
   
   
10. "It has always been a fantasy of mine that a boatload of 25 brokers would be shipwrecked and struggle to an island from which there could be no rescue. Faced with developing an economy that would maximize their consumption and pleasure, would they, I wonder, assign 20 of their number to produce food, clothing, shelter, etc., while setting five to trading endlessly on the future output of the 20?" (Poking Fun at Option Traders)
    
    

(From : Warren Buffet Speaks - Wit and Wisdom from the World's Greatest Investor)

(Picture Credit : Mark Hirschey)