Last 10 Entries:
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Tour group vacations
March 9, 2010 8:37 AM
For our vacation to Hainan last week, our local travel agent booked us on a tour group package. Following a tour group has some advantages and disadvantages. The good: cheap transportation and lodging with no need to make decisions on...
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Sales Psychology
March 8, 2010 6:03 AM
March 8 is International Women's Day in China and many other countries around the world. Walking around local stores for women's clothing, signs showing "3.8 discount" representing the date 3/8 were everywhere. In China (and Chinatowns across the world), discounts...
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Yuan to appreciate?
March 7, 2010 5:30 PM
After a few days rest from my vacation, I started reading up on the news again and my eyes immediately went to these articles: China faces new pressure to let currency rise Why China should let the yuan rise At...
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ESOP fees
February 26, 2010 9:48 AM
A few weeks ago, I wrote about Employee Stock Ownership Plans (ESOPs) as a possible exit strategy for a privately held company. My company is in the initial stages of researching this option. To that end, I some researching and...
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Vacation Plans
February 25, 2010 4:40 AM
In my last post about the plethora of languages in China, I ended with a mention of practicing Mandarin for my upcoming trip to Hainan. In addition, I want to travel to the following places during this coming year: Beijing...
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Language skills for the 21st century
February 24, 2010 10:07 AM
Ask people for a generic skill to have to further job prospects and foreign language proficiency often comes up pretty high. And with more than a billion Chinese speakers and an economy growing in leaps-and-bounds, Chinese is right at the...
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Expectations versus reality
February 23, 2010 9:04 AM
In my last entry, I wrote about the expected returns for my portfolio. How has it played out during my limited investing career?Annualized ReturnsAfter pulling my numbers together, I have: Nominal Real CPI Return Return --------------------------------------- 1996 2.93% 22.70% 19.77%...
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Expected real return
February 18, 2010 4:01 PM
In this thread at the Get Rich Slowly forum, a question was asked about everybody's expected rate of real (inflation-adjusted) return. My brain first started working on the answer like so:6% stocks (5% overall, I overweight in risker equity allocations)2%...
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Work Overdrive Trivia
February 14, 2010 9:26 PM
The last 4 days, I have been working in overdrive. We have a "product" demo this coming Wednesday where knocking their socks off is important. We've previously demo'd this product to other customers but in those cases, we had the...
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Employee Stock Ownership Plan (ESOP)
February 11, 2010 3:48 AM
As a small company with continual day-to-day involvement from the founders, exit strategies are hard to come by. Finding a buyer willing to pay a large amount of money upfront for an operation that might stop being profitable after management...