Rule of thumb:
Tim, pls find time to read Great ideas!
Tuesday, October 21, 2008
Finanical planner
8:09 PM
I eat in a fast food chain today, overhearding a finanical planner pitching an innocent on a Zurich annunity.
FP: This plan is a super save investment.
Innocent A: How save?
FP: Unlike other risky funds with tight cash flow, high leverage & invest in exotic products; Fund X has low leverage, big proportion of cash & most important, it invests mainly in HSI companies. Sounds good?
Innocent A: Indeed!
Please find more details on 2800.HK if you dont find this funny. Sometimes, you cant blame salemen selective disclosing pitches....
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Mr MD asking where the hell are all the Economist(magazine)...
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香港工業總會發言人估計,本港响內地七萬間企業中有25%面臨破產,將影響珠三角一帶一千萬工人生計。 From today 投資者日記.
As you may recall, I am an industrialist.
股聖可以喺淡市投資,但你唔得,因為你唔係世界首富;四叔唔見1000億元仍談笑風生,但你唔得,因為你輸唔起。From yesterday 投資者日記.
Mr Chao is so witty.