<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearch/1.1/' xmlns:gd='http://schemas.google.com/g/2005' gd:etag='W/&quot;A0YEQXk5fyp7ImA9WxRQFEQ.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330</id><updated>2008-10-08T16:51:40.727-04:00</updated><title>Daily Gem</title><subtitle type='html'>Be Optimistic and the biggest optimist!</subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default?redirect=false&amp;v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/'/><link rel='next' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/posts/default?start-index=26&amp;max-results=25&amp;redirect=false'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>35</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><entry gd:etag='W/&quot;CkcARHw_cCp7ImA9WxRSF0Q.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-4845128079641844737</id><published>2008-09-18T18:50:00.003-04:00</published><updated>2008-09-18T22:07:25.248-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-09-18T22:07:25.248-04:00</app:edited><title>�??�?��??�??�?�??�?认�??�??好</title><content type='html'>�?�?��?�??�?差�??&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;�??�??�?��?对�??�??�?�?Carma�?��?个�?对�??�?�?��??�?就�?�说�?�?�??�??�??�??�?�??�?��?�己�??�?�?�好�?�??�?�?��?�?��?��?�?�??大�?�?�就�?�好�??�??�?�??�?�己�??�??�?�??�?�己�?�?�??欢�?�?��?�?�??就�?�?好�??&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;�??以�?�?��?��??�??�?�??�??�?就�?�好好�?��??�?�??该�??�??�?�??�??好�??&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;I am trying to build my &lt;a href="http://en.wikipedia.org/wiki/Choice_theory"&gt;Quality world&lt;/a&gt;. Hopefully I can get rid of all noises and do the things I want to do. &lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/4845128079641844737/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=4845128079641844737' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/4845128079641844737?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/4845128079641844737?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/09/blog-post_18.html' title='�??�?��??�??�?�??�?认�??�??好'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;C0QERHw-eSp7ImA9WxRSFE4.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-4931561671502867242</id><published>2008-09-12T10:40:00.001-04:00</published><updated>2008-09-14T18:28:25.251-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-09-14T18:28:25.251-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='中�??'/><category scheme='http://www.blogger.com/atom/ns#' term='�??�??'/><title>�?��??�??�?�?究�??�?该�?��?�??样�??�?学�??质</title><content type='html'>&lt;span class="Apple-style-span"   style="color: rgb(51, 51, 51);   line-height: 28px; font-family:Arial;font-size:13px;"&gt;&lt;div class="content"  style="white-space: normal; text-overflow: ellipsis; overflow-x: hidden; overflow-y: hidden; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border- padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; display: block; margin-top: 0px; margin-right: 5px; margin-bottom: 5px; margin-left: 5px; float: left; width: 613px; height: auto; text-align: left; line-height: 150%; color:initial;"&gt;&lt;p class="MsoNormal" style="margin-top: 15.6pt; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm; text-indent: 22.1pt; line-height: 20pt; text-align: left; "&gt;&lt;b&gt;&lt;span style="   ;font-family:�?�?;color:blue;"&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;严谨�??度�?�?�?�?�??起&lt;/span&gt;&lt;span lang="EN-US"&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;p class="MsoNormal" style="margin-top: 15.6pt; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm; text-indent: 22pt; line-height: 20pt; text-align: left; "&gt;&lt;span style="  ;font-family:�?�?;"&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;�?究�??�?须学习�??�?�?��?就�?��?学习�??�?个�??�??德�??�?学家�??&lt;/span&gt;&lt;span lang="EN-US"&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="MsoNormal" style="margin-top: 15.6pt; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm; text-indent: 22pt; line-height: 20pt; text-align: left; "&gt;&lt;span style="  ;font-family:�?�?;"&gt;&lt;span class="Apple-style-span" style="font-size: 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�?浮夸&lt;/span&gt;&lt;span lang="EN-US"&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;p class="MsoNormal" style="margin-top: 15.6pt; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm; text-indent: 22pt; line-height: 20pt; text-align: left; "&gt;&lt;span style="  ;font-family:�?�?;"&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;�?��?个�?�?学家�??德�??�?��??�?就�?��?��??�?�??�??�?��??�??浮夸�?�??&lt;/span&gt;&lt;span lang="EN-US"&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="MsoNormal" style="margin-top: 15.6pt; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm; text-indent: 22pt; line-height: 20pt; text-align: left; "&gt;&lt;span style="  ;font-family:�?�?;"&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;�?��??�?�??�?��?��?�?��??�??述你�?�己�??�??就�?�??�?��??�?许�?�?�?��??�?��?�?�客�?�??�?�?��?��?��??许�?对个人�??�??�?�?究工�?�??�??�?�??�??�?�??�??就�??�??述�?常常夸大�?�?�??�?�?�??�??人辩解说�??�?�?��?��?��?为�?�?费�??�??声�?�?�?��?须�??�??�??�?�??�?个人�?��?样�??�?�?��?�??�?学家�?�?��?样�?��?��??�??�??&lt;/span&gt;&lt;span lang="EN-US"&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="MsoNormal" style="margin-top: 15.6pt; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm; text-indent: 22pt; line-height: 20pt; text-align: left; "&gt;&lt;span style="  ;font-family:�?�?;"&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;�??�?�?�??�?�?�??度�??�?�??�?�??夸大�?�?�??�?�?�?�??�??欺�?�??�?为�?��??�?�??�?��??�?�?��?�??们�?�?�?该�?�循�?样�??�?�?��??�??�??对�?学家�??�??人�?样�?�?�尽�?�??�??�?�?�??�?�欺�?�?�?��??�?��??�??�?�?�己�??�?�??�??�?�??�??�??信�?个�??�??德�??�?学家�?该�?��?�?�??�?�?�便�?��?��??�??�?��?��??大�?�??�?��?�?�??�?�?�??�?究�?�??�??�?导�?�?须�?��?�?�??�??&lt;/span&gt;&lt;span lang="EN-US"&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="MsoNormal" style="margin-top: 15.6pt; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm; text-indent: 22pt; line-height: 20pt; text-align: left; "&gt;&lt;span style="  ;font-family:�?�?;"&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;�?�?个�?学家�??为�?学管�??�??�?��?�?�?��??�?�?��??�?�?学家�??�?为�??�??�?讲�?�?�?�?浮夸�??中�?��?�??�??�??�?�??浮夸�?�??�?��?�请�?费�?��??浮夸�?�?�?根�?�?�?��?�为�?学家�?�?��??�?�?��?��??�??德�??�?�?浮夸�?已�?�??为中�?��?学�?�?�??�?�??中�?��?学�?�?��?��??�?学�??�?�??�??主�?�??�?�??�??�?�??�??们�??�?究�??�??�?�?代�??�?学家�?�纠正�?�?�?�?��??社�?�?��??�?�?对�?�己�??对�?学�??对社�?�?��?��??�?�?信�??�??德�??&lt;/span&gt;&lt;span lang="EN-US"&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p class="MsoNormal" style="margin-top: 15.6pt; margin-right: 0cm; margin-bottom: 0pt; margin-left: 0cm; text-indent: 22pt; line-height: 20pt; text-align: left; "&gt;&lt;span style="  ;font-family:�?�?;"&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;�??两�?��?�?�?�以�??�?大家�??座�?��?��?�?�?��??�??�??�?�学家�??�??学家�?��??说�??�??第�?�?��?��??&lt;/span&gt;&lt;strong&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;大�??�??设�?�?�?�?�?&lt;/span&gt;&lt;/strong&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;�??�?第�?�?��?��??&lt;/span&gt;&lt;strong&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;�??�?�??�?�?�说�?�??�?&lt;/span&gt;&lt;/strong&gt;&lt;span class="Apple-style-span" style="font-size: small;"&gt;�??�??�?�??�?�严�?�?两个座�?��?��?你�?�??为�?个好�??�?学家�??&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;/div&gt;&lt;/span&gt;</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/4931561671502867242/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=4931561671502867242' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/4931561671502867242?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/4931561671502867242?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/09/blog-post_12.html' title='�?��??�??�?�?究�??�?该�?��?�??样�??�?学�??质'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;AkQESHYzcCp7ImA9WxRTGE0.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-5103661762658601030</id><published>2008-09-07T13:06:00.002-04:00</published><updated>2008-09-07T13:25:09.888-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-09-07T13:25:09.888-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='中�??'/><category scheme='http://www.blogger.com/atom/ns#' term='人�??'/><title>�?��?�?�书�?�??�??�?</title><content type='html'>MBA第�?年�?学已�?�??2个�??�??�??�?�为�?�家�??永�?�?��?�?�?学习�?�??�??�?��?�?�?�?天�??�??�?�?书�?�学校�?�习�??�?��?�??�?��?�?��?��?��?learning team room�??�?�已�?�??�?�?��??�?年级�?�??�?�?�?��?�书�?�??书�?�??&lt;br /&gt;&lt;br /&gt;达顿�??�?�书�?�?�?��?�?�Honor system�??�??�?�??�?没�??人�?��??你�??你�??没�??�?�书�??大�?�?��??�?��?�?�??�?�信�?��??学�??�?�?�?�??�?��?�?�?�??�??�??�?常被�?�??�??�?�书�?�?�??就�?��??书�??�??�??�??们�??课�?��??�??�??贵�?�??�?大�?�?��?�?��?价150�?�??�??硬�?�精�?�?��??�?�书�?�??�??�?��?��?�?�?��?��?�被�??�?�2�?�?��?�?�?��??�?��?��?�?�??学书�?�?�??�?��??�?�??年�??�??�??课�?��?��?�&lt;br /&gt;&lt;br /&gt;�??�??�?�??�?穷人�??�?�??�?��?�?��?件�??�??�?��?��??�?�??�?��?&lt;br /&gt;&lt;br /&gt;�?��?�??�?�?�??�?��?�?��??�?�书�?�?�??�?�??�?�中�?��?��??好�?�?�??�?�??�??�?�书管�??�??大�?�?��?礼�?�?对学�??�??�?�?�?��?�尽�??满足�??�??中�?��??大学校�?�中�??�?��??�?��??�?�系�?�?�学校�??�??�?�人�??�??她们�?�?��?�?�以为�?��?�?��?��?�?�以�??�??�??�?��?�?��??�?学�??�??�??�?��?�?�为�??书�??�?��?��?��??学校�?�?��?�??�?��?��??�??学帮�?�?��?�书�?�?�??被管�??�??严�??警�??�?她�?�??�??�?�??�?�系�??�?让�??�?��?�?�工�?�?�??�?�??�?��?�&lt;br /&gt;&lt;br /&gt;�??�?�??�??�??�??�??�??�??�??�?�为�??�?�?�没�??�?�??�?�书�?书�?�??�??�?�??�??�?�己家�??�??�?��??�?�书�?�?年�?�?��?��??�??�?�买书�?�??�?��?��?转交�?�??�?大�?�书�??�?�人家中书�?�?滥�?�?�?�?�没�??�?�?�书�?�??�?��??�??�??书�??�?��?��?�个中年�?女管�??�??�?�?�?�?��??她�??年轻人�?她带�?��??�??�??�??�?�象�?��?�?��??�?��?��?�??头�?�?对�??�?�?�责�?�??�??�?�??�?中�??�?�?��??�?��?��?�??�?�??�?��?��?��??�??�?�?��?�?�?�?��??她干�?�?�??�?�?�?�??�??�??�?�?�?��??�?��?��?�&lt;br /&gt;&lt;br /&gt;对�?�?�书�?带�?��??�??�?�?�??�?��?�?�对�??�??�?�?��?样�??�??�??�??�?�?��?��??�?��?�??�??海中常常浮�?��??就�?��?�?�?��??�?��?�?�?�礼�?�?�大�??人�??�?�?�?��??�??浮�?�??便�?�?��??�?中�??起�??�??�?�??�?��??�?�?�?��?幼�?�?�?��??�?��?好�??�?�?��??�?�?��??�?��?�?�?学�?�?�??�?�?�?�?��??�??�?就�?��??�??�?��??�??�??�??�?�?�??没�?�??�?��?�?��?��?�对�??�??�??�??</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/5103661762658601030/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=5103661762658601030' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/5103661762658601030?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/5103661762658601030?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/09/blog-post.html' title='�?��?�?�书�?�??�??�?'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;AkQDRn8zeSp7ImA9WxdaEUw.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-3849228194678898003</id><published>2008-08-14T09:28:00.004-04:00</published><updated>2008-08-18T23:59:37.181-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-08-18T23:59:37.181-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='�?�?'/><category scheme='http://www.blogger.com/atom/ns#' term='中�??'/><category scheme='http://www.blogger.com/atom/ns#' term='奥�?'/><category scheme='http://www.blogger.com/atom/ns#' term='Poem'/><title>Shawn Johnson</title><content type='html'>�?次�??奥�?�?�?�?�?个16�?�??�?�?�女孩�?让�??�??�??佩�??�?她就�?�Shawn Johnson�??�?�??�?�??�?�?�?��?�Time�?�?�People�??�?��??中读�?��?她�?�?�??�?�象�??深�?��??�?就�?�她�??�?个中�?��??�?�??�?�?��?�?�为�?�??�??�?�人太�?�?�??�?�?女孩们�?��?�?�差�?�?�?对�?�?��?�?��??�?�??�?�对Nastia Liukin�??�?�象�?�?�为她已�?�??�?好�?年�??�?��?��?�??�?��?�?��?��??以�??读�??纸质�?��??�?�?�?�&lt;a href="http://www.nytimes.com/2008/08/04/sports/olympics/04johnson.html?_r=1&amp;amp;em=&amp;amp;pagewanted=all&amp;amp;oref=slogin"&gt;纽约�?��?�&lt;/a&gt;�?�?�?�??�??详�?�??&lt;br /&gt;&lt;br /&gt;�?次�?�女�?�?�??�?��?�?�?��?�?�??被Shawn�?�?�??平衡�?�表�?�??�?��?�??�??�??�?幸�?�第�?个�?��?�??�?�?�?此大家�?�??�?�影巨大�?�?�?�Shawn�?��?容淡�?�?以精�??�??表�?��?��??�?�??�??�?��?��?�?��??�?��?��?�?�??�?�?�?�Shawn�?��?��??�?��??水平�??&lt;br /&gt;&lt;br /&gt;中�?��??中�?�?�?��?�?��?��??年�??�?�??�?�仿�??�??�?�??�??年�??�??她�?已�?�??为中�?��??�??核�?人�?��?�??�?��??�?�??�?��?�顶�?�??�??�??�??她�??�?�??�??们�?大�?�?��?��??�?��?�?�?�?�?��?�??�?�?�?硬�??孩�?�??&lt;br /&gt;&lt;br /&gt;�??�?�Shawn�??�?��??称�?她�?�?��??�?�为�?�??失�?��??活�??�??活�?�Iowa�??她�?�?�?��?�??�?淳�?��?�??�?�??�?��?�两次�?��?�??�?��?�?�?�?�为�??�?�?达�?�?��?�己对�?�己�??�??�??�??�?�?�训�?26�?�?��??她�?学习�?�?��?��?�??�?��?�?�?��?��?�说�?�?��?她�??�??�??�?�Brown读书�?�??她�?�?该�?�毫�?��?��?�??�?��??�?�??&lt;br /&gt;&lt;br /&gt;Shawn�??�?�?�?�?�?�??�?�Champion�??�?�?�??�?�?�?�?�?�?�?�?�读�?以�??�?你�?�??�?�?�?女孩对�?�?�??人�??�?�?��?�??�?�己�??�??�?�??�?? �??让�??�??欢�??�?�?��?中�??�?�?个�?��??�?&lt;br /&gt;�??But when the pressure builds and tears you apart&lt;br /&gt;How are you able to not depart&lt;br /&gt;How are you able to still carry a smile&lt;br /&gt;When everything inside is in a pile&lt;br /&gt;You hold your head high and never look back&lt;br /&gt;Because this is what keeps you all intact&lt;br /&gt;It�??s what runs in your veins, and it�??s the key to your heart&lt;br /&gt;And it�??s only the beginning, only the start&lt;br /&gt;It holds a future that could never be told �??&lt;br /&gt;&lt;br /&gt;�?�以�??�?��?她对�?�?�??�??已�?�??�?�己�??�?�?�?�??�?�?她�??�?��?�?�?�?�?�已�?�??�?�??�??绩�??�?�?��??为�?�?�?�??�?�信�?个�?�?�?�?��?�她�?��??�??�??�?�??�?��?�??�??�?she has what it takes.&lt;br /&gt;&lt;br /&gt;�?��?�?�?�?&lt;br /&gt;You fear the loss and pain of defeat&lt;br /&gt;But still are able to stand on two feet&lt;br /&gt;You crumble and cry as much as you want&lt;br /&gt;But nothing can keep you away from the hunt&lt;br /&gt;This is what you�??ve been working for&lt;br /&gt;The pride and honor as you take to the floor&lt;br /&gt;You remember the struggles and pain you had&lt;br /&gt;When all the good had turned to bad&lt;br /&gt;When behind the scenes you crumbled and prayed&lt;br /&gt;For it all to simply just go away&lt;br /&gt;The doubt and regrets of what you went through&lt;br /&gt;Sometimes just made you want to give it to&lt;br /&gt;The next girl in line that had gave it her all&lt;br /&gt;But always seemed to carry a fall&lt;br /&gt;You remember the times when you thought to give up&lt;br /&gt;But could never find a reason to disrupt&lt;br /&gt;Anything and everything that you had given to the sport&lt;br /&gt;The hearts desire and all the support&lt;br /&gt;But when the pressure builds and tears you apart&lt;br /&gt;How are you able to not depart&lt;br /&gt;How are you able to still carry a smile&lt;br /&gt;When everything inside is in a pile&lt;br /&gt;You hold your head high and never look back&lt;br /&gt;Because this is what keeps you all intact&lt;br /&gt;It�??s what runs in your veins, and it�??s the key to your heart&lt;br /&gt;And it�??s only the beginning, only the start&lt;br /&gt;It holds a future that could never be told&lt;br /&gt;One that can shine with the brightest of gold&lt;br /&gt;The sky is its limitsAnd with the mood as its guide&lt;br /&gt;As no one could ever predict how high&lt;br /&gt;One could travel with the hard work put in&lt;br /&gt;To truly become a champion&lt;br /&gt;&lt;br /&gt;�?��??Shawn�?年�??�??�?�?�?�?�??�?&lt;br /&gt;&lt;a href="http://www.youtube.com/watch?v=OnrS4o-dQLE"&gt;http://www.youtube.com/watch?v=OnrS4o-dQLE&lt;/a&gt;</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/3849228194678898003/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=3849228194678898003' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/3849228194678898003?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/3849228194678898003?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/08/shawn-johnson.html' title='Shawn Johnson'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;C0UERnozeSp7ImA9WxdbFkk.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-7877715523444708736</id><published>2008-08-13T11:07:00.003-04:00</published><updated>2008-08-13T11:26:47.481-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-08-13T11:26:47.481-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='中�??'/><category scheme='http://www.blogger.com/atom/ns#' term='�??�??'/><title>�?�?�你�??影�??�??</title><content type='html'>�??�?��?�?�??�?��?个�?�??�??�??�??�??客�?主人�?��?个�?�湾人�??�?�?��?快�??�??度�??读�?�?��??�??书�??精�?�??表�?��?�??�??客�?�??�?�??�??客�?��??�?�&lt;a href="http://blog.udn.com/cpyrlee"&gt;�?个&lt;/a&gt;�??&lt;br /&gt;&lt;br /&gt;�??�??�?��?�?�??�?�天�??�?�?�??�??�?�?�??�?�?质�?�?��?��?�?�?�?�?�影�??�??�??�?导�??�??�?�?��?��?�就�?��?�?��?�?�人�??�?�?��??�??�?�?�转载�?��?�?��??读�??�??客�??�??�??�??享�??�?�??�?�?�??�?�?�??�??�?��?�?�??�?�?�?��?��?��??�??&lt;br /&gt;&lt;br /&gt;----------------------------------&lt;br /&gt;&lt;br /&gt;&lt;a href="http://blog.udn.com/cpyrlee/2126880"&gt;http://blog.udn.com/cpyrlee/2126880&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;Blaine Lee�??�?��?家�??譯�?�天�?�?��?�?��??�?��?��?��??&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;&lt;/span&gt;&lt;br /&gt;&lt;span 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href='http://daily-gem.blogspot.com/feeds/7877715523444708736/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=7877715523444708736' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/7877715523444708736?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/7877715523444708736?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/08/blog-post_13.html' title='�?�?�你�??影�??�??'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;DEAMQH0yeip7ImA9WxdbFk4.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-7906701797005156832</id><published>2008-08-12T14:47:00.007-04:00</published><updated>2008-08-13T10:13:01.392-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-08-13T10:13:01.392-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='�??�?�?�'/><category scheme='http://www.blogger.com/atom/ns#' term='中�??'/><category scheme='http://www.blogger.com/atom/ns#' term='奥�?'/><category scheme='http://www.blogger.com/atom/ns#' term='�?�?�?'/><category scheme='http://www.blogger.com/atom/ns#' term='�?��??'/><title>"�?��?好�??�?��??�??好"�?</title><content type='html'>�?次奥�?�?�??�?�?�?确�?�??�?�人�?�?�?�&lt;a href="http://www.youtube.com/watch?v=SiW4jI-tSQs"&gt;�??�?�?��?�?��??&lt;/a&gt;�?��?�?童声�??起�??�?��??�?�??�?�信大�?��??中�?�人�?��?��?��?�湿润�??�??�?��??�?�?�??�?�??�?好幻象�??�?��??正�?�??为中�?��?��??�??�?�??�??绩�?��?�?已�?��?�?��?�称�?�??�?��?�个身穿红衣�??�?女孩�??�?�?�没�??�??正�?��?�?�?�?�?��?个没�??�?��?�?��?��??�??京女孩�?��?�?�??�?�天�?�?�声�?��??�??正�?��??�??�??�?�??�?�?�??�?��?次�??�?��?工�?�??�? �??�?�?�?��??�?��??�?�家形象�??�??�?�?说�?�??�?�??常�?�产主�?�??1984�??&lt;br /&gt;&lt;br 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title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=7906701797005156832' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/7906701797005156832?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/7906701797005156832?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/08/blog-post_12.html' title='&quot;�?��?好�??�?��??�??好&quot;�?'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;CE8MSXc-eCp7ImA9WxdbFUo.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-5348352610573709002</id><published>2008-08-11T14:13:00.003-04:00</published><updated>2008-08-12T16:28:08.950-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-08-12T16:28:08.950-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='中�??'/><category scheme='http://www.blogger.com/atom/ns#' term='人�??'/><category scheme='http://www.blogger.com/atom/ns#' term='�?��??'/><title>人�??鸡汤</title><content type='html'>�?�工�?�??�??活中�?�??�?��??�??�?�??�?�让你�??�?��??人�??此类人�?�?��?��?�就�?��?1.�?��?�??�?没�??self-awareness; 2. �??欢�?��??�?��?认为�?�己�?�?�人�?�强�??�?�己�??�?�?��??�?�??就说�??�?��?�?容�??�?�?��?��??�?�?��??罢�?�??�??3.习�?��??�?�?毫�?�信�?��?4. �?��??�?�?�?�?似�?��?�类�?女�??大�?��?�?��?�?�?�?强�?��?��??�??&lt;br /&gt;&lt;br /&gt;�?�此�?�??�?��??�?�?�?�??章�?�??�??�??�??�?��?�似�?��?�??人�??享�??&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;�?�?�?�对讨�??�??人&lt;/strong&gt;&lt;br /&gt;&lt;br /&gt;&lt;span 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style="font-size:85%;"&gt;�??�?��?�??�??�?�?�辦�?�?�?�Jessy�??該�??�?�?��?�?�?��??以�?�?�件�?Case�?�?�??�?麼大�?��?��??�?�份�?�?�幾�?��?�?�?��?�解決�?�??�?�?�?你�?�買�?�?��??�?�?�??�?��?�??�??人�??�??�?��?�?究�?便�?�??�??�??�?�?�??買�?��?�?�?�解決�?�??�??�?�?�??�?�?��??社賺走你�??�?��?�?�你�?好人�?�?"�??�?"�??�?�你�?�己�?�?�??�??&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;�??�?��??�??�?��?��?�?��?�?�人�??�??�?�話�?��?�?�?�??�??�?�??�??並�?�?��?�?��??"人"�?�??�?��?�?��??人�??帶�?�??麻�?��??�?便�?�??�?�?件�??�?��?永�?��?�??�?幫�?�?��?�?��??�?��??尾�??缺�?責任�??�?�?��??GY�??�??�?��??中�?�你�??�?�你�?�箭�??�?�?�??段�??缺�?�?�德�?�?�?�?�?�??任�??人�??交�?�??�?��?��?�??�?�?�?�?�?�?�?你�?�??�?�??�?�??�?�?�??永�?�止�?��??�?�害你�?�?�?��??�?�??種�?走�?��?��?�?��??碰�?��?�??�?�?��?�?��?好�?�?�?�??�?�?�?�以解決�??�??�?�此�?�?�?�?�?�?��??人�?��??�?第�?�??�?��?��?�?�?�起你�??好人�?��?�?�裡�??�?�?��?��?�?��?�?�便�?�帶�?�?人�?�?�??�??�?��?就給�?�?亮�??使�?��?�?就�?�?�??�??死�?�??�?�?�??�?�??死�?��??�?�?�??�?�??走�??�?��?��?��?��?�?�?��??�?�??�?繼�?追殺�?�?��?�永�?��??�?��?�止�??&lt;/span&gt;</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/5348352610573709002/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=5348352610573709002' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/5348352610573709002?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/5348352610573709002?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/08/blog-post.html' title='人�??鸡汤'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;DUIESHs4fSp7ImA9WxRQFEQ.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-519301427734353961</id><published>2008-07-31T11:02:00.004-04:00</published><updated>2008-10-08T16:25:09.535-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-10-08T16:25:09.535-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='�?�?'/><category scheme='http://www.blogger.com/atom/ns#' term='�?��??'/><category scheme='http://www.blogger.com/atom/ns#' term='Poem'/><category scheme='http://www.blogger.com/atom/ns#' term='English'/><title>Oh! The places you will go</title><content type='html'>Days are packed with all sorts of businesses. I need to start preparing Financial Reporting Analysis now so that I can have more time in Q1 to handle recruitmeng. I need to perfect my resume and write dozens of cover letters. I need to practise my interview skills and I know I am so bad at braging...&lt;br /&gt;&lt;br /&gt;I need to travel to NY next week and start visiting some companies. After that I will meet my friend in Boston and rest for 2 days. But before that, I need to exercise more and lose some weight.&lt;br /&gt;&lt;br /&gt;I recall a poem by Dr. Seuss, to boost my confidence and increase my expectation for the life ahead.&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;"Oh The Places You Will Go"&lt;/strong&gt;&lt;br /&gt;&lt;br /&gt;Congratulations!&lt;br /&gt;Today is your day.&lt;br /&gt;You're off to Great Places!&lt;br /&gt;You're off and away!&lt;br /&gt;&lt;br /&gt;You have brains in your head.&lt;br /&gt;You have feet in your shoes&lt;br /&gt;You can steer yourself&lt;br /&gt;any direction you choose.&lt;br /&gt;You're on your own. And you know what you know.&lt;br /&gt;And YOU are the guy who'll decide where to go.&lt;br /&gt;&lt;br /&gt;You'll look up and down streets. Look 'em over with care.&lt;br /&gt;About some you will say, "I don't choose to go there."&lt;br /&gt;With your head full of brains and your shoes full of feet,&lt;br /&gt;you're too smart to go down any not-so-good street.&lt;br /&gt;&lt;br /&gt;And you may not find any&lt;br /&gt;you'll want to go down.&lt;br /&gt;In that case, of course,&lt;br /&gt;you'll head straight out of town.&lt;br /&gt;&lt;br /&gt;It's opener there&lt;br /&gt;in the wide open air.&lt;br /&gt;&lt;br /&gt;Out there things can happen&lt;br /&gt;and frequently do&lt;br /&gt;to people as brainy&lt;br /&gt;and footsy as you.&lt;br /&gt;&lt;br /&gt;And when things start to happen,&lt;br /&gt;don't worry. Don't stew.&lt;br /&gt;Just go right along.&lt;br /&gt;You'll start happening too.&lt;br /&gt;&lt;br /&gt;OH!&lt;br /&gt;THE PLACES YOU'LL GO!&lt;br /&gt;&lt;br /&gt;You'll be on your way up!&lt;br /&gt;You'll be seeing great sights!&lt;br /&gt;You'll join the high fliers&lt;br /&gt;who soar to high heights.&lt;br /&gt;&lt;br /&gt;You won't lag behind, because you'll have the speed.&lt;br /&gt;You'll pass the whole gang and you'll soon take the lead.&lt;br /&gt;Wherever you fly, you'll be the best of the best.&lt;br /&gt;Wherever you go, you will top all the rest.&lt;br /&gt;&lt;br /&gt;Except when you don't&lt;br /&gt;Because, sometimes, you won't.&lt;br /&gt;&lt;br /&gt;I'm sorry to say so&lt;br /&gt;but, sadly, it's true&lt;br /&gt;and Hang-ups&lt;br /&gt;can happen to you.&lt;br /&gt;&lt;br /&gt;You can get all hung up&lt;br /&gt;in a prickle-ly perch.&lt;br /&gt;And your gang will fly on.&lt;br /&gt;You'll be left in a Lurch.&lt;br /&gt;&lt;br /&gt;You'll come down from the Lurch&lt;br /&gt;with an unpleasant bump.&lt;br /&gt;And the chances are, then,&lt;br /&gt;that you'll be in a Slump.&lt;br /&gt;&lt;br /&gt;And when you're in a Slump,&lt;br /&gt;you're not in for much fun.&lt;br /&gt;Un-slumping yourself&lt;br /&gt;is not easily done.&lt;br /&gt;&lt;br /&gt;You will come to a place where the streets are not marked.&lt;br /&gt;Some windows are lighted. But mostly they're darked.&lt;br /&gt;A place you could sprain both your elbow and chin!&lt;br /&gt;Do you dare to stay out? Do you dare to go in?&lt;br /&gt;How much can you lose? How much can you win?&lt;br /&gt;&lt;br /&gt;And IF you go in, should you turn left or right...&lt;br /&gt;or right-and-three-quarters? Or, maybe, not quite?&lt;br /&gt;Or go around back and sneak in from behind?&lt;br /&gt;Simple it's not, I'm afraid you will find,&lt;br /&gt;for a mind-maker-upper to make up his mind.&lt;br /&gt;&lt;br /&gt;You can get so confused&lt;br /&gt;that you'll start in to race&lt;br /&gt;down long wiggled roads at a break-necking pace&lt;br /&gt;and grind on for miles across weirdish wild space,&lt;br /&gt;headed, I fear, toward a most useless place.&lt;br /&gt;The Waiting Place...&lt;br /&gt;&lt;br /&gt;...for people just waiting.&lt;br /&gt;Waiting for a train to go&lt;br /&gt;or a bus to come, or a plane to go&lt;br /&gt;or the mail to come, or the rain to go&lt;br /&gt;or the phone to ring, or the snow to snow&lt;br /&gt;or waiting around for a Yes or a No&lt;br /&gt;or waiting for their hair to grow.&lt;br /&gt;Everyone is just waiting.&lt;br /&gt;&lt;br /&gt;Waiting for the fish to bite&lt;br /&gt;or waiting for wind to fly a kite&lt;br /&gt;or waiting around for Friday night&lt;br /&gt;or waiting, perhaps, for their Uncle Jake&lt;br /&gt;or a pot to boil, or a Better Break&lt;br /&gt;or a string of pearls, or a pair of pants&lt;br /&gt;or a wig with curls, or Another Chance.&lt;br /&gt;Everyone is just waiting.&lt;br /&gt;&lt;br /&gt;NO!&lt;br /&gt;That's not for you!&lt;br /&gt;&lt;br /&gt;Somehow you'll escape&lt;br /&gt;all that waiting and staying.&lt;br /&gt;You'll find the bright places&lt;br /&gt;where Boom Bands are playing.&lt;br /&gt;&lt;br /&gt;With banner flip-flapping,&lt;br /&gt;once more you'll ride high!&lt;br /&gt;Ready for anything under the sky.&lt;br /&gt;Ready because you're that kind of a guy!&lt;br /&gt;&lt;br /&gt;Oh, the places you'll go! There is fun to be done!&lt;br /&gt;There are points to be scored. there are games to be won.&lt;br /&gt;And the magical things you can do with that ball&lt;br /&gt;will make you the winning-est winner of all.&lt;br /&gt;Fame! You'll be famous as famous can be,&lt;br /&gt;with the whole wide world watching you win on TV.&lt;br /&gt;&lt;br /&gt;Except when they don't.&lt;br /&gt;Because, sometimes, they won't.&lt;br /&gt;&lt;br /&gt;I'm afraid that some times&lt;br /&gt;you'll play lonely games too.&lt;br /&gt;Games you can't win&lt;br /&gt;'cause you'll play against you.&lt;br /&gt;&lt;br /&gt;All Alone!&lt;br /&gt;Whether you like it or not,&lt;br /&gt;Alone will be something&lt;br /&gt;you'll be quite a lot.&lt;br /&gt;&lt;br /&gt;And when you're alone, there's a very good chance&lt;br /&gt;you'll meet things that scare you right out of your pants.&lt;br /&gt;There are some, down the road between hither and yon,&lt;br /&gt;that can scare you so much you won't want to go on.&lt;br /&gt;&lt;br /&gt;But on you will go&lt;br /&gt;though the weather be foul&lt;br /&gt;On you will go&lt;br /&gt;though your enemies prowl&lt;br /&gt;On you will go&lt;br /&gt;though the Hakken-Kraks howl&lt;br /&gt;Onward up many&lt;br /&gt;a frightening creek,&lt;br /&gt;though your arms may get sore&lt;br /&gt;and your sneakers may leak.&lt;br /&gt;&lt;br /&gt;On and on you will hike&lt;br /&gt;and I know you'll hike far&lt;br /&gt;and face up to your problems&lt;br /&gt;whatever they are.&lt;br /&gt;&lt;br /&gt;You'll get mixed up, of course,&lt;br /&gt;as you already know.&lt;br /&gt;You'll get mixed up&lt;br /&gt;with many strange birds as you go.&lt;br /&gt;So be sure when you step.&lt;br /&gt;Step with care and great tact&lt;br /&gt;and remember that Life's&lt;br /&gt;a Great Balancing Act.&lt;br /&gt;Just never forget to be dexterous and deft.&lt;br /&gt;And never mix up your right foot with your left.&lt;br /&gt;&lt;br /&gt;And will you succeed?&lt;br /&gt;Yes! You will, indeed!&lt;br /&gt;(98 and 3/4 percent guaranteed.)&lt;br /&gt;&lt;br /&gt;KID, YOU'LL MOVE MOUNTAINS!&lt;br /&gt;&lt;br /&gt;So...&lt;br /&gt;be your name Buxbaum or Bixby or Bray&lt;br /&gt;or Mordecai Ali Van Allen O'Shea,&lt;br /&gt;you're off to Great Places!&lt;br /&gt;Today is your day!&lt;br /&gt;Your mountain is waiting.&lt;br /&gt;So....get on your way!</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/519301427734353961/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=519301427734353961' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/519301427734353961?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/519301427734353961?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/07/oh-places-you-will-go.html' title='Oh! The places you will go'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;DEYDRHo-eyp7ImA9WxdUE0U.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-9071852412627755921</id><published>2008-07-29T22:45:00.002-04:00</published><updated>2008-07-29T22:49:35.453-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-29T22:49:35.453-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='中�??'/><category scheme='http://www.blogger.com/atom/ns#' term='�??�??'/><title>[�?貼] �?�??�?�??�?�??�??你�??�?�?�?�?�?��??�??�??�?��?�??粹</title><content type='html'>�?�述�??修�?�?arbitrageur�?�??�??�?��??�?�?�大�??貨社2004~2005幹�?�群�??社�?�eikichiyu&lt;br /&gt;&lt;br /&gt;�??�??第�?件�?�??�??�?�?就�?��?場&lt;br 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/&gt;�?��?決�?�?學�?�以幫�?�你�?�解�??�?人�?��?�?�?��??�??�?�??�??�??�?��??�?�?實�?�?�??你�?�學�??�?�學家�??統�?學家�??�??�??�?�種�?�??�?�??�?�?��?�人�?��?��??麼�?�?�??�??�?��??�??�??話�?你�?�?�說你�?解�?�??�??&lt;br /&gt;You will never know probability until you learned decision sciences.&lt;br /&gt;�??�?��?�大家�??�?��?��??�??維�??決�?�??第�?�??�?�??�?人�?�?��??社�?��??https://wmail6.cc.ntu.edu.tw/horde/services/go.php?url=http%3A%2F%2Fwww.sas.upenn.edu%2F%7Ebaron%2Ftdc1s.png�??�?��?��?�2002年諾�?�?��?�?學�??�?主Daniel Kahneman�?��?��??�?��?大學�?�??系�?�??The Psychology of Decision Making and Judgmen</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/9071852412627755921/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=9071852412627755921' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/9071852412627755921?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/9071852412627755921?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/07/blog-post_29.html' title='[�?貼] �?�??�?�??�?�??�??你�??�?�?�?�?�?��??�??�??�?��?�??粹'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;DUAMSHsycSp7ImA9WxRQFEQ.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-6772031110091868683</id><published>2008-07-29T14:15:00.006-04:00</published><updated>2008-10-08T16:29:49.599-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-10-08T16:29:49.599-04:00</app:edited><title>Chic-fil-a</title><content type='html'>Level 1: Pass&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;The table below illustrates your subject matter strengths and weaknesses. The three columns on the right are marked with asterisks to indicate your performance on each question or topic area.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;Multiple Choice&lt;/div&gt;&lt;div&gt;Q#&lt;/div&gt;&lt;div&gt;TopicMax Pts&lt;=50%51%-70%&gt;70%-Alternative Investments8*---Corporate Finance20--*-Derivatives12-*--Economics24-*--Equity Investments24-*--Ethical &amp;amp; Professional Standards36-*--Financial Statement Analysis48-*--Fixed Income Investments28-*--Portfolio Management12--*-Quantitative Methods28-*-&lt;br /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/6772031110091868683/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=6772031110091868683' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/6772031110091868683?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/6772031110091868683?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/07/kkr.html' title='Chic-fil-a'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;DkcASHo_fip7ImA9WxdVGUw.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-1637421169888944409</id><published>2008-07-24T10:37:00.008-04:00</published><updated>2008-07-24T11:40:49.446-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-24T11:40:49.446-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='�?��??'/><category scheme='http://www.blogger.com/atom/ns#' term='Social issue'/><category scheme='http://www.blogger.com/atom/ns#' term='English'/><title>&lt; 1% saving rate!</title><content type='html'>Like I mentioned in my previous post, Americans don't save much.&lt;br /&gt;&lt;br /&gt;&lt;div&gt;Over the July 4th holiday, I drove to see my friend in Kentucky. From the radio I heard a woman complaining about high oil prices, because she cannot afford the extra gas dollars for a trip to see her relatives in another state, which cost 200 USD in total.&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;I am pretty surprised. I hate high gas prices but it dosen't affect me to such a stage. However, later when I learn more about the lives of Americans(middle class or under), I started to understand why.&lt;/div&gt;&lt;div&gt;&lt;img style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 565px; CURSOR: hand; HEIGHT: 351px; TEXT-ALIGN: center" height="281" alt="" src="http://i.investopedia.com/inv/articles/site/over_your_head1.gif" border="0" /&gt;&lt;/div&gt;&lt;div&gt;&lt;a href="http://www.investopedia.com/articles/pf/08/in-over-your-head.asp?Page=1"&gt;http://www.investopedia.com/articles/pf/08/in-over-your-head.asp?Page=1&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;Different from my classmates who can afford frequrent international travel or luxury cruise trips to Bahamas, many American don't have extra money for interstate travel. The current personal saving rate in U.S is less than 1%, which means that if one person earns 100,000 in a year, he only saves 1000! &lt;/div&gt;&lt;div&gt;.&lt;br /&gt;&lt;/div&gt;&lt;div&gt;If anything out of plan happens, e.g, rising oil prices, a person with little saving will have a hard time to get through. He cannot afford the flexibility. People with decent employment have the 401(K), or Alternate Retirement Program (ARP) , which is a kind of saving plan for retirement. However, not every company offer such plans and many American people don't have one.&lt;br /&gt;&lt;/div&gt;&lt;div&gt;Actually, a good insurance is also another way for saving. However, it takes a lot of time to choose the right insurance and the monthly payment can be high as well. Many don't want to spend the money, just rely on Medicare as their insurance. A large portion of taxes is spent on people with lower income. &lt;/div&gt;&lt;div&gt;.&lt;br /&gt;&lt;/div&gt;&lt;div&gt;My friend, who is a manager at Wal-Mart, complain to me that when she give birth to her baby, she has to pay a lot of money by herself. However, low income Wal-Mart employees can enjoy free stay in hospital. In her opinion, it is a penalty for those who are richer and who has the ability to earn more, because they are paying for those who cannot afford the expenses. &lt;/div&gt;&lt;div&gt;.&lt;br /&gt;&lt;/div&gt;&lt;div&gt;Well, the wealth gap in U.S is actually very wide, and it is a very big topic for discussion. Recently, I am very interested in this and I will try to learn more about it.&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/1637421169888944409/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=1637421169888944409' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/1637421169888944409?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/1637421169888944409?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/07/1-saving-rate.html' title='&lt; 1% saving rate!'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;DUUAQX0-fCp7ImA9WxdVGE8.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-4095772361169035162</id><published>2008-07-22T11:31:00.003-04:00</published><updated>2008-07-23T11:34:00.354-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-23T11:34:00.354-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='中�??'/><category scheme='http://www.blogger.com/atom/ns#' term='�?��??'/><title>�?�??让梨�?�??�?论</title><content type='html'>�?�?�?�?��??�?��??�?�详�?�?为�?��?��??�?�??�?�?�?�大�??�??头�?�??�?�?�?��??�?��?�?��?�?��?�?�?�??�?�??�?�?�?��??�??�?个�?�?就�?��?�??让梨�??&lt;br /&gt;&lt;br /&gt;�?�?��??�?�?��?��?�为�?�??�??让�??�?��??�??为�?�?�?�己�?�?�?��??�?��?�??�?��?�大�?�?��??�?�?��?��?�?��?�?�己�?�??欢�??�?�?�?��?�?��??�?�??�??�??�?�?�??�?��??�??就�?�?�?�??模�??�?�谦让�?人�??�??�?��??�?�己�?�??�??�?�??�?��??�?�?好�??�??说�?��?��?�?�为�?�?�??�?�??渴�??�?��?��?��?�?�?�??�?贵�??�??&lt;br /&gt;&lt;br /&gt;�??�?�学�?�??�?论�?�??�?��?�?�??�?�?�?�?�?��?�天�??�??�??�?论好�??�??�?�?��??�?�?�?�?��?�?��?�?��?�大�??好�?�??对�?�??�?�?�?��?�?��??�?��?�?�??�?�?个好�??声�?��?��?�?��?��?�?�?�?�??�?�??�?�?�?��?�?�?�?�??�?�??�?��?�?孩�?�?�?已�?�?�?解�??�?��?�?�??�?�?��?��??�?��?��?��?�??样�??�?��?举两�?�?�?��?��?�大梨�?�??�?��??�?好�??声�??&lt;br /&gt;&lt;br /&gt;�?�?�?为�?��?�?��??�??�??伪�??�??�?�??�?�幼�??常�?�?�?�?�?��??�?表达�?�己�??�?��?�??�??�?�?�??常�??�?�??�?个习�?��?�?�饰�?�己�??�?�?��?�?�?��?��?��??�?人�??�?�?�??�??�?失�??人�?�?��?�?��?�?��??�??�??�?�??�?��?��??活中�??�??�??�??好�?�?��?��?�?�?��?�?�??常�?��?�??�?��?�?�?��?�??�?��?��?�此人�?度�?�?紧张�?�?��?�?��??�?�?�?�?�失�?�?��?��?��?��??离�??�?�?�??�??大�?��??�??�??衷�?�??</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/4095772361169035162/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=4095772361169035162' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/4095772361169035162?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/4095772361169035162?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/07/blog-post_22.html' title='�?�??让梨�?�??�?论'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;DUMGR3k5eSp7ImA9WxdVGE8.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-8150737945588334621</id><published>2008-07-21T15:07:00.002-04:00</published><updated>2008-07-23T11:37:06.721-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-23T11:37:06.721-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='�?�?'/><category scheme='http://www.blogger.com/atom/ns#' term='�?��??'/><category scheme='http://www.blogger.com/atom/ns#' term='Poem'/><category scheme='http://www.blogger.com/atom/ns#' term='English'/><title>It is never between you and them</title><content type='html'>Wisdom from Mother Teresa&lt;br /&gt;&lt;br /&gt;Anyway&lt;br /&gt;&lt;br /&gt;People are unreasonable, illogical and self-centered.&lt;br /&gt;...Love them anyway!&lt;br /&gt;&lt;br /&gt;If you do good, people will accuse you of selfish, ulterior motives&lt;br /&gt;....Do good anyway!&lt;br /&gt;&lt;br /&gt;If you are successful, you will win false friends and enemies&lt;br /&gt;....Succeed anyway!&lt;br /&gt;&lt;br /&gt;The good you do will be forgotten tomorrow&lt;br /&gt;....Do good anyway!&lt;br /&gt;&lt;br /&gt;Honesty and frankness make you vulnerable&lt;br /&gt;....Be honest and frank anyway!&lt;br /&gt;&lt;br /&gt;What you spend years building may be destroyed overnight&lt;br /&gt;....Build anyway!&lt;br /&gt;&lt;br /&gt;People really need help but may attack you if you help them&lt;br /&gt;....Help them anyway!&lt;br /&gt;&lt;br /&gt;Give the world the best you have and you�??ll get kicked in the teeth&lt;br /&gt;....Give the world the best you�??ve got anyway!&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;The Final Analysis&lt;br /&gt;&lt;br /&gt;People are often unreasonable, illogical, and self-centered;&lt;br /&gt;...Forgive them anyway!&lt;br /&gt;&lt;br /&gt;If you are kind, people may accuse you of selfish, ulterior motives;&lt;br /&gt;...Be kind anyway!&lt;br /&gt;&lt;br /&gt;If you are successful, you will win some false friends and some true enemies;&lt;br /&gt;...Succeed anyway!&lt;br /&gt;&lt;br /&gt;If you are honest and frank, people may cheat you;&lt;br /&gt;...Be honest and frank anyway!&lt;br /&gt;&lt;br /&gt;What you spend years building, someone could destroy overnight;&lt;br /&gt;...Build anyway!&lt;br /&gt;&lt;br /&gt;If you find serenity and happiness, they may be jealous;&lt;br /&gt;...Be happy anyway!&lt;br /&gt;&lt;br /&gt;The good you do today, people will often forget tomorrow;&lt;br /&gt;...Do good anyway!&lt;br /&gt;&lt;br /&gt;Give the world the best you have, and it may never be enough;&lt;br /&gt;...Give the world the best you've got anyway!&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;You see, in the final analysis, it is between you and God;It was never between you and them anyway.&lt;/strong&gt;&lt;br /&gt;&lt;br /&gt;Mother Teresa 1910 - 1997</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/8150737945588334621/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=8150737945588334621' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/8150737945588334621?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/8150737945588334621?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/07/it-is-never-between-you-and-them.html' title='It is never between you and them'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;DUICRXk5eip7ImA9WxdVGE8.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-1123714093345536886</id><published>2008-07-21T11:55:00.004-04:00</published><updated>2008-07-23T11:39:24.722-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-23T11:39:24.722-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='中�??'/><category scheme='http://www.blogger.com/atom/ns#' term='DNA'/><title>�?�?�?��??�?�??价�?�</title><content type='html'>�??�?�?�就�?�??欢Genetech�?个�?��?��?�?�??�??�?��?��?�??产�??�?��??�?主�?�?��??�??�?��??�?确�?�?��?�?��?端产�??�?�?��?�??�??�?��?�为�?��?��??�?人&lt;a href="http://www.blogger.com/en.wikipedia.org/wiki/Robert_A._Swanson"&gt;Robert Swanson(1947�??1999).&lt;/a&gt; Wiki对�?个已�??�?�??大�?�??�?太详�?�??�?�?�??Swanson�?�年�?29�?�?�就�??�??�?Genetech(DNA)�?�?次�?��?��?�??�?�??就�??�?��?��?沸�?��?�??�?�人�??�?�?��??满�??�?�??&lt;br /&gt;&lt;br /&gt;�?��??�?�??�?Swanson死�?�??�??�?个�??中�??�?�治�??�?�?�??�??�?��??�?��?被�??活�?�?��?��?�??�?�?讽�?��??�?�??�?��?��?就�?�??�??�?�??Temodar + radiotherapy + other Chemo drug�?�??�?�?�?��?��??�??延�?��??�??�?��??�?��??�??�??�?��??�?�??�?��?�快�?��?��?��?让人类�?��?��?�?��??活�??&lt;br /&gt;&lt;br /&gt;�?天�??�?��?Roche�?�?�?�?�?�价89�?�??�?�?��?�?�??购买Genetech�?��?�?�份�??�?��?�Roche就已�?�?�DNA�??�??大�?��?�?�?�?�?�?��?�??�?Genentech�?�?��?�购�?�??为�?�己�??�?个R&amp;amp;D中�?�??�?个主�??大�?�?�?�Swanson�?�??�??�?��??�??&lt;br /&gt;&lt;br /&gt;�?��?�中�??11�?��?DNA已�?涨�?��?�?�92�?�??�?�?�?�?�?�价�?�?�?�?3%�??说�?�?�?Roche�??�?�价太�?�??�?�?��??�?DNA�?�??�?��?��??�?�NYSE�?�价�?�?�??�?�?��?�票�?�?��??�??�?30�?�??涨�?�70�?�?大�?2年�??�?�?�90�?�?�??�?�?��??�?��?��?�?�?�?�?��?��?�8.8%�??溢价�?�?�买�?Genentech�?�?�?�?�??大�?��?们�??�?�??�??�?�?�?��?�??�??�?�??�?�??�?�?�??�?�?�?买�?�??�??hunch�?��?�?�?��?�?�?�?110�??�??&lt;br /&gt;&lt;br /&gt;�?�为Genentech�??�?�??太大�?�??�?�?说Avastin�??�?�头强�?��?�?�??portfolio�??�?��?�??好�?�?��?�patent�??�??�?�??�??�?��??�??�?�?�?�?�?好说�?�?��?�?�正�?��??�?�?�?个Avastin�??�?个�?��?��??�??�??�??�?�?��?�?�??�?��?��??�?��?�?�??�?估计�?个�?��??�?��?��??�?��?�??�?��?��?身�?大�?�?�?�??此�?��?�?�?�价89�?�?�?��?��?�?�?辱�??&lt;br /&gt;&lt;br /&gt;�?�?�?�?�?�?��?�??�?��??�??�?��?�?�?��?�?�?�?��??�?�??价�?��?�?�?�?�?�?�?�?�?��??�??�?��?�大�?��?�?�?�?��?�?解�?�?�??�?信�?��?认为Genentech就�?��?�?�?�?��?�?�?��?��?�?��??为�?�?�?买�?�?��?��??�?西�?�?�?�?�?�??�?�购�?�?举�?��?�身就说�??�?Genentech�?��?�?��?产�?�?�?�?�?�?�??�?�??贬�?��??�?�?��?��?�?�?��?�??�?��?��?��?�?�?��?�?�??�?价�??�?�??已�??�?�?�?�?�?�?�?�?�?�?��??�??举�?��??&lt;br /&gt;&lt;br /&gt;�?就�?��??正�??bargain�??deal making�??�??�?��??�?�??�?�?�?�?�??�?��?�build�?�?�?亮�??model�?设�?��?�?�?�??scenario�?�?�?��?个deal�??�??�?价�?��?�?��?�?��?�?��??�?�达�??�??�?�?��??�??信�?��?�?�?�??�?�?��?��?�??�?��??就�?��?�?�??�?��??�?�?�??�??�?�?��?�??�?�?��?�?�?��??�?��?�?��??�??�?价�?��?�?��?件�??常�??�??�??�??�?�??�??�??以�??�??�??�?�?�?�?�?�??�?个�?��?��??�?�??</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/1123714093345536886/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=1123714093345536886' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/1123714093345536886?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/1123714093345536886?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/07/blog-post_21.html' title='�?�?�?��??�?�??价�?�'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;DUEARHY5fSp7ImA9WxdVGE8.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-1961080387324161395</id><published>2008-07-14T10:10:00.003-04:00</published><updated>2008-07-23T11:40:45.825-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-23T11:40:45.825-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='中�??'/><category scheme='http://www.blogger.com/atom/ns#' term='�?��??'/><title>The stupidity of showing off</title><content type='html'>�??认�?�?个女孩�?�?她�??�?��?��?��?�?��?她�?张�?��?�?��?�?��??�??�?��?��??�??她�?�?�?��??�??�?�?�人�?她�??�?�亲�?��??样�??样�??她以�??�?�工�?中�??样�??样�??�?��?��?�?��?�??�??�?��?她�?��?个�??度�?��??中�?�??人�??&lt;br /&gt;&lt;br /&gt;�??�?�?��??�?�人�??�?�?��?�?�?��??�?�?�?��??�??�??�??�?�为�??�?�?她�?��??�??�?�??�?�没�??�?�?�?�?��?��??�??�?个�??正�?足�?�?�?�?�?��?��?�??人�?��?�?��?�??�?�?��??�??�?�?�为没�??�?�?�??�?��??�?�??�??人�?�??�?�?�人�??�?��?�?��?�??�?�己�?�?�?��??�?�己�??没�??�??Ralph Ellison�?�就�??�??�??�?��??�?�?说�?�??Power doesn't have to show off. Power is confident, self-assuring, self-starting and self-stopping, self-warming and self-justifying. When you have it, you know it.�??&lt;br /&gt;&lt;br /&gt;�?�?��??�??�?�?�好�?��?�?��?�?��?��?�己�?��??�??欲�??�?��?�?��??�??�?�?��?�??�?��?��?�?�?究�?�??�??书�??�?读�?��?�?个人�?��??�??�?西�?�?��?�?��?个人�?�??�?中�?��??�?�己缺�?�??�??就�?��?�为�?�?�?�?个�?西�?�??�?�?�?�??�?�?��?��??�??&lt;br /&gt;&lt;br /&gt;�?�?�?人类就�?��??度�?��?�??�??�??欢�?��??�??人太�?�?�?�??�??正�?�?��?足�?�?�??�?�?�人�??�??�??人太�?�?�??�??�??客�??�??�?�?��?��?�?��?��??�?�?�?��?</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/1961080387324161395/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=1961080387324161395' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/1961080387324161395?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/1961080387324161395?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/07/stupidity-of-showing-off.html' title='The stupidity of showing off'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;A08NQnk8cCp7ImA9WxdVGE4.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-247124279610012670</id><published>2008-07-11T13:40:00.006-04:00</published><updated>2008-07-23T15:04:53.778-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-23T15:04:53.778-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='�?��??'/><category scheme='http://www.blogger.com/atom/ns#' term='English'/><title>Protecting the workforce</title><content type='html'>In my opinion, U.S work force is very well protected by the immigration law. The evidence is presented by how difficult it is for an international student to get a job here. Even for the part time.&lt;br /&gt;&lt;br /&gt;As a foreign student new to the U.S, we are not allowed to work in the first year while we are here. Since the second year, we are allowed to undertake university related jobs, for &lt; 20 hrs/week.&lt;br /&gt;&lt;br /&gt;For MBA students, there is the chance of taking CPT(Curricular Practical Training), which presents itself as summer internship. I believe CPT is OK for students with any degree, but it is more common for MBAs. Most MBA program will have special class credit for this kind of oppotunity. It is my believe that most foreign MBA students want to have a job in U.S because of the exposure she/he can get, and for better oppotunity after graduation. Some of us have the chance to get high paid internships with famous companies. That is really nice.&lt;br /&gt;&lt;br /&gt;Besides the income and exposure, internationals value the chance to obtain SSN. One will not get an SSN here unless he/she works in the U.S. If you got TA/RA job, you are also eligible to apply for SSN.&lt;br /&gt;&lt;br /&gt;I am always a law-binding person, however, at some point when I was facing a very attractive part-time oppotunity, I really have the impulse to take it. However, I cannot and darenot. I also felt that it is unfair for foreign students who try to work in the U.S. I felt lucky to be able to find companies willing to employ me, but I also understand it is because of my degree and the tremendous effort I paid. For students with some other degrees, the location of the school is very important. Some schools have a lot of campus related oppotunities but some don't.&lt;br /&gt;&lt;br /&gt;I really hope nobody will be in the "Catch 22" position. But I believe it is something all foreigners in U.S will face some time in their lives.&lt;br /&gt;&lt;br /&gt;GOP, don't be so hard on foreign workers and immigrants please.....Though I understand the concern of preventing an Amerxican country or further terrorist attack, I believe more room should be open for everyone to bring something new to this country.</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/247124279610012670/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=247124279610012670' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/247124279610012670?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/247124279610012670?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/07/protecting-workforce.html' title='Protecting the workforce'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;DUQFQHcyeSp7ImA9WxdVGE8.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-40821041700126918</id><published>2008-07-09T16:54:00.003-04:00</published><updated>2008-07-23T11:35:11.991-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-23T11:35:11.991-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='中�??'/><category scheme='http://www.blogger.com/atom/ns#' term='�?��??'/><category scheme='http://www.blogger.com/atom/ns#' term='�??�?'/><category scheme='http://www.blogger.com/atom/ns#' term='精�?�'/><title>�??精�?�</title><content type='html'>�?�?�中�??�?�?�?�?�??精�?��??�??�??�??�?�??�?�?�??�?�?幸�?�??估计�?�人�?�被�?类为�??�?�??&lt;br /&gt;&lt;br /&gt;�?�?�?�精�?��?�??�??�??�??�?�?�大�?�??�??�?�??�??�?��?精�?�就�?��?��?�?��??�??�?�?��?�好�??人�?�??�?�?�?�以�?��?�?幸�?�?�??�??�?��?�??�?��??�?�?�?�?�??�?��?�?��??�?�己�?类�?��?人�?�?�??�?�个类�?��?��?�&lt;br /&gt;&lt;br /&gt;�?好�?�?��?�?精�?��??人�?对�??�??�?�?�?��?��?�??�?�?�?走�?就�??�?�??�?�?�?�??�?��??�?个以�?人�?�?�?��??�??人�??人�?&lt;br /&gt;&lt;br /&gt;�?�?�?�??�?�?�??�??�?�己�??�?��?�?�??�??�?��??对�?人�?�?�??�?�?�??�?�??�??�?��??�?�?该�??�??�??�?�??�??精�?��?</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/40821041700126918/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=40821041700126918' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/40821041700126918?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/40821041700126918?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/07/blog-post.html' title='�??精�?�'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;DUMMSHk6eCp7ImA9WxdVGE8.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-7769349070038167371</id><published>2008-07-08T09:48:00.003-04:00</published><updated>2008-07-23T11:38:09.710-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-23T11:38:09.710-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='�?��??'/><category scheme='http://www.blogger.com/atom/ns#' term='English'/><title>Summer Online Econ Class from Mankiw and Bosco</title><content type='html'>A reading list from Mankiw from his blog. I got some of these books in hand.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://gregmankiw.blogspot.com/2006/05/summer-reading-list.html"&gt;Greg Mankiw's Blog: Summer Reading List&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;I have been following Mankiw's blog for ongoing events. In the summer, I think it might also be a good idea to learn more about econ 101 by reading some of his suggested reading.&lt;br /&gt;&lt;br /&gt;Right now, I am a bit worried about how U.S economy is doing, as I saw more and more job related emails in my mail box. Yes, full time job search is coming for my second year MBA. That means a lot of work for me....&lt;br /&gt;&lt;br /&gt;And the job market is very closely linked to the macroeconomy of U.S.&lt;br /&gt;&lt;br /&gt;In the morning, I had a 10 minute side conversation with Bosco. He is in HK, well prepared for his consultant career. Naturally, we talked about economy and the future job market as we discussed current internships of FY students.&lt;br /&gt;&lt;br /&gt;&lt;a href="file://2008-07-08/"&gt;2008-07-08&lt;/a&gt; 8:51:50 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: how're others doing, do u know?&lt;br /&gt;2008-07-08 8:52:10 AM (R) IvY Good Karma: I only know I-banking is not very well&lt;br /&gt;2008-07-08 8:52:18 AM (R) IvY Good Karma: a lot of ppl are being laid-off&lt;br /&gt;2008-07-08 8:52:24 AM (R) IvY Good Karma: and interns are worried&lt;br /&gt;2008-07-08 8:52:28 AM &lt;a href="mailto:Bosco@HK"&gt;&lt;/span&gt;&lt;/a&gt;: yes ...&lt;br /&gt;2008-07-08 8:52:34 AM Bosco@HK : credit crunch is not over ...&lt;br /&gt;2008-07-08 8:52:38 AM &lt;a href="mailto:Bosco@HK"&gt;: &lt;/span&gt;&lt;/a&gt;the worst is yet to come for them&lt;br /&gt;2008-07-08 8:52:48 AM (R) IvY Good Karma: for all of us lar&lt;br /&gt;2008-07-08 8:52:56 AM  &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: well .....&lt;br /&gt;2008-07-08 8:53:10 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt; :if u insist to stay in us .. .that's true&lt;br /&gt;2008-07-08 8:53:16 AM (R) IvY  Good Karma: hey, stock is not doing well :P&lt;br /&gt;2008-07-08 8:52:56 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: stock is one thing, economy is another. US is going into recession ... no doubt&lt;br /&gt;2008-07-08 8:53:57 AM (R) IvY Good Karma: but I am also really worried about China&lt;br /&gt;2008-07-08 8:53:58 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: worst still, the recession is not only because of credit crunch&lt;br /&gt;2008-07-08 8:54:11 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;:&lt;span style="color:#000000;"&gt; &lt;/span&gt;but real economic slowdown&lt;br /&gt;2008-07-08 8:54:17 AM (R) IvY Good Karma: oil prices is killing them as well. you really think the econ is slowing down?&lt;br /&gt;2008-07-08 8:54:32 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: yes, it's simple. the past 10 years of booming in US is driven largely by internal consumer spending and housing prices appreciation&lt;br /&gt;2008-07-08 8:55:04 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: the 2 are the results of cheap lending made available by the availability of global liquidity&lt;br /&gt;2008-07-08 8:55:23 AM (R) IvY Good Karma: that is true&lt;br /&gt;2008-07-08 8:55:25 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: and this liquidity is the result, very much the result, of the 1997 asia financial crisis&lt;br /&gt;2008-07-08 8:55:44 AM (R) IvY Good Karma: really?&lt;br /&gt;2008-07-08 8:55:52 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: in which asian countries have built better monentary policies to build up huge foreign reserves&lt;br /&gt;2008-07-08 8:56:08 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: in face of capital flight situation, imagine, all the 1.8 trillion FX reserve that China has&lt;br /&gt;2008-07-08 8:56:32 AM &lt;a href="mailto:Bosco@HK:"&gt;Bosco@HK&lt;span style="color:#000000;"&gt;: &lt;/span&gt;&lt;/a&gt;it's almost all in the form of US bonds, and these are pure liquidity injected into the US market, meaning ... increase money supply in US&lt;br /&gt;2008-07-08 8:56:54 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: thus lowering lending rate&lt;br /&gt;2008-07-08 8:57:01 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: this has ENDED because 1) credit crunch &amp;amp; house market collapses causing US no longer an attractive place for investment. 2) a weakening dollar makes China and other countries think about their allocation of the FX reserve&lt;br /&gt;2008-07-08 8:58:06 AM (R) IvY Good Karma: but where can China invest?&lt;br /&gt;2008-07-08 8:58:11 AM &lt;a href="mailto:Bosco@HK:"&gt;: &lt;/span&gt;&lt;/a&gt;in itself. you can always do that. in many others thing regardless.&lt;br /&gt;2008-07-08 8:58:35 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: the idea is ... china would not want too weak a dollar&lt;br /&gt;2008-07-08 8:58:50 AM (R) IvY Good Karma: yes that is true. but isn't USD getting stronger?Bernanke also said that&lt;br /&gt;2008-07-08 8:59:08 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: just a rebound, a mild rebound&lt;br /&gt;2008-07-08 8:59:27 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: to put things into perspective. 3 years ago, if you travel to europe, or 4 years ago&lt;br /&gt;2008-07-08 8:59:50 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: 1 euro is only 0.9 USD, now it's 1.6 ...&lt;br /&gt;2008-07-08 9:00:05 AM (R) IvY Good Karma: I believe Euro has stayed stable, so USD dose depreciate a lot, &gt;70%????&lt;br /&gt;2008-07-08 9:00:56 AM (R) IvY Good Karma: it cannot be&lt;br /&gt;2008-07-08 9:01:11 AM &lt;a href="mailto:Bosco@HK:%20(R"&gt;Bosco@HK&lt;span style="color:#000000;"&gt;: &lt;/span&gt;&lt;/a&gt;it is ... USD has depreciated hugely in the past few years&lt;br /&gt;2008-07-08 9:01:29 AM (R) IvY Good Karma: evil&lt;br /&gt;2008-07-08 9:01:31 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: which also means ....any gain in US stock market ....if you are foreigners, have to pay tax and take the deprecation charge&lt;br /&gt;2008-07-08 9:01:53 AM (R) IvY Good Karma: yes....but it means living in U.S is cheaper for Chinese as well&lt;br /&gt;2008-07-08 9:02:02 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: that's not really what's important. what's important is, US economy is a largely inward driven economy. if i remember correctly&lt;br /&gt;2008-07-08 9:02:26 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: 70% of US economy is consumer spending, which means, when US consumers stop spending, US economy stops expanding ... meaning recession or at least stagnant&lt;br /&gt;2008-07-08 9:03:09 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: and now, large i checked, Walmart has halted the pace of new stores in US. Starbucks is closing 600 stores in US this year&lt;br /&gt;2008-07-08 9:03:40 AM (R) IvY Good Karma: yes they do&lt;br /&gt;2008-07-08 9:03:44 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: compared to opening 200 last year and 1000 the year before, HomeDepot is closing 15 stores in US as well. all these point to recession ....&lt;br /&gt;2008-07-08 9:04:14 AM (R) IvY Good Karma: and people cannot afford gas money and reduce travel&lt;br /&gt;2008-07-08 9:04:21 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: it is ...not only so, the oil price hike is affecting every aspect of the manufacturing ...&lt;br /&gt;2008-07-08 9:05:43 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: which means driving up costs. but the weakening in wages/jobs/house prices meaning the cost pressure can't be transferred to the consumers, which affect corporate margins ....&lt;br /&gt;2008-07-08 9:06:49 AM (R) IvY Good Karma: I see your point. so gas price hike is deadly, as it eats a large part of income&lt;br /&gt;2008-07-08 9:07:20 AM &lt;a href="mailto:Bosco@HK"&gt;Bosco@HK&lt;/a&gt;: it is ...also food costs&lt;br /&gt;2008-07-08 9:07:53 AM (R) IvY Good Karma&lt;br /&gt;: I haven't felt great increase in food prices. But my spending habit is different from U.S people. they buy so MUCH food. I think it is time for them to change. And they don't save&lt;br /&gt;&lt;br /&gt;--------------------&lt;br /&gt;&lt;br /&gt;Well this is pretty much our conversation and morning discussion about current economic situation.</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/7769349070038167371/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=7769349070038167371' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/7769349070038167371?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/7769349070038167371?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/07/summer-online-econ-class-from-mankiw.html' title='Summer Online Econ Class from Mankiw and Bosco'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;DUMMSHk6eip7ImA9WxdVGE8.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-5471173291708669128</id><published>2008-07-02T09:48:00.008-04:00</published><updated>2008-07-23T11:38:09.712-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-23T11:38:09.712-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='Long-Tail theory'/><category scheme='http://www.blogger.com/atom/ns#' term='�?��??'/><category scheme='http://www.blogger.com/atom/ns#' term='HBS review'/><category scheme='http://www.blogger.com/atom/ns#' term='Chris Anderson'/><category scheme='http://www.blogger.com/atom/ns#' term='Harvard'/><category scheme='http://www.blogger.com/atom/ns#' term='Debate'/><category scheme='http://www.blogger.com/atom/ns#' term='Anita Elberse'/><category scheme='http://www.blogger.com/atom/ns#' term='English'/><title>New debate around Long Tail theory</title><content type='html'>There is recently some very intersting debate going on about the "Long Tail" theory. Originated in the U.S, the Long tail theory is surprisingly very popular in China. I realize that it might even be more popular there then it is in U.S, at least among higher-educated people in the internet community.&lt;br /&gt;&lt;br /&gt;(In my marketing class in the States, we only mentioned the term, well, not really even once. It is suggested by one student when we talked about a topic and the professor had no interest in continuing with the "Long Tail" discussion. )&lt;br /&gt;&lt;br /&gt;Just when most of internet heavy users have taken Long Tail for granted, a harvard business school professor of marketing suggest that Long Tail is not really useful when helping bussiness develop. I found the &lt;a href="http://harvardbusinessonline.hbsp.harvard.edu/hbsp/hbr/articles/article.jsp?ml_action=get-article&amp;amp;articleID=R0807H&amp;amp;ml_issueid=BR0807&amp;amp;ml_subscriber=true&amp;amp;pageNumber=1&amp;amp;_requestid=29512"&gt;entire artical &lt;/a&gt;from HBS Review. There are debates going on as well between &lt;a href="http://conversationstarter.hbsp.com/2008/06/challenging_the_long_tail.html"&gt;Chris Anderson &lt;/a&gt;and &lt;a href="http://conversationstarter.hbsp.com/2008/07/the_long_tail_debate_a_respons.html"&gt;Anita Elberse&lt;/a&gt;.&lt;br /&gt;&lt;br /&gt;Professor Elberse cited data from online stores, analyzed customers' preference, and found that &lt;em&gt;"The top 10% of titles accounted for 78% of all plays, and the top 1% of titles for 32% of all plays. Pause for a moment, though, to reflect on those numbers. One percent of a million is still 10,000 �?? far more than the number of titles a U.S. radio station plays in a given year, and when translated into album terms, equal to the entire music inventory of a typical Wal-Mart store." &lt;/em&gt;The above argument is her core idea: long tail is long and flat. There is limited revenue oppotunities to be explored. On the contrary, traditional block-buster effect exist and the effect is even more obvious in on-line shopping stores.&lt;br /&gt;&lt;br /&gt;At a glance, it is easy for people to believe that sales number seems to be more centered on few popular items rather then the "flat and thin" tail. However, if it is true, Wal-Mart's video store will be able to satisfied everyone's need and we don't need more rental stores. This is simply not ture. I have experience helping my friend find certain DVDs in Wal-Mart. It is not there and he had to buy it from Amazon. Someone actually had a point, maybe it is the long and flat tail that attracts customers to the on-line store. If a on-line store cannot satisfy its customer for the long tail, how can it become the competitor for traditional stores in the block-buster items? Remember, shopping online has a longer lead time and transportation cost. It is the existence of the "long and flat" tail that attracts customers to shop online.&lt;br /&gt;&lt;br /&gt;I think the debate is a very good thing for the further development and mature of "Long Tail" theory. It is time for it to have more direct and tangible influence on business models.&lt;br /&gt;&lt;em&gt;&lt;/em&gt;&lt;br /&gt;&lt;em&gt;P.S, HBS is really smart. However, it already has something to do with Long Tail Theory, the biggest idea in 2006. Now they can share the glory. Yes, blockbusters dominate.&lt;/em&gt;</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/5471173291708669128/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=5471173291708669128' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/5471173291708669128?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/5471173291708669128?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/07/long-tail-not-really.html' title='New debate around Long Tail theory'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;CkIBQH4_cSp7ImA9WxdUFEg.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-6283563413674950771</id><published>2008-06-30T16:07:00.003-04:00</published><updated>2008-07-30T16:42:31.049-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-30T16:42:31.049-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='中�??'/><category scheme='http://www.blogger.com/atom/ns#' term='�??�??'/><category scheme='http://www.blogger.com/atom/ns#' term='Hedge Fund'/><title>转�?Hedge Fund�?�?</title><content type='html'>对�?��?��??�?�?�??�??产�??�?念传�?��??�?��?��?�?��?�?�?人�?�?认�?对�?��?��??�?大�?��?��?�?�?年�?洲�??�??�?�?��?�?�??�?�?��?��?�?��?�?�?��?�?�??�?�?��?��??�??章�?��?�对对�?��?��??以�??该类�?��??�??�?�质�??�?�?模�?�?�?�??�??�?�?�??�?�??�??�?��?��??�?�移�?�??们确�??�?�?对对�?��?��??�??�?个正确�??解认�?�??�??�?��?此�?�?�??以�?�?对对�?��?��??�?�??�??类�??�?以�??�?�??类�??对�?��?��??�?�??�??�?�?��?�?�?�?�?�??�??�??�??�??&lt;br /&gt;&lt;br 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target="_blank"&gt;http://www.bba.org.uk/content/1/c4/63/21/Oct05.xls&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;ps.�?�?系�??�??章�??�?�??�?�?太�?章�?�?��?�?��??�?��?��?�??�??�?�?�??�?�?�?�?��?�?就象�?��?�?��??�?�费�?��?�?�??�??�?��?�?章�??�??�?��??�?�以�?�??�?个�?�?中�?�??们�?��?�?�?述5�?��?大家�?�?�?�?缺�?�?�?�??�?�??个人�?�?缺�?��?�?�??�?�??�?�?�?�?�?没�??�??确对�?��?��??�??�??�?�?�?��??�?�?�?��?��??�?�?�?�?�?��?�?�系�?�你�?�?��??�?�?�?�?�?�你�?�??�?��?��??�??�?�?�?��?��?�??�??影�??�?��?好�??�?�次�?�?�第�?�?��?�?中说�?�??�?��??�?�?�??就�?�stock�??bond�?对�?��?��??�??�??�?�?�??�?�??�?�forex, index, �?�?�??�?�?��??论�??�?��?��?��?个�?��??就�?�??�?��?�己�??认为�??�?念�?�?�??就�?�??�?�?�??�?大家�??�?��??�?�?�?�人�?�说�?�?�??�?��??�??�?�??�?�们�?�?好�?讲�?��??�?��?�?样�?�?�?�?��??就copy paste�?段�?��?&lt;br /&gt;&lt;br /&gt;The first known hedge fund was created by Alfred Winslow Jones in 1949. His fund should look familiar to today�??s hedge fund participants. The fund was organized as a limited partnership and used private placement rules to avoid registration. It invested primarily in common stocks and used moderate leverage to carry long and short positions modestly larger than the fund capital.The number of hedge funds has grown significantly, and there are many different types of hedge funds. But this first hedge fund bears a close resemblance to the most common hedge fund strategy today, called long/short equity.During the early years of the hedge fund industry (1950s �?? 1 970s), the term �??hedge fund�?? as used to describe the hedging strategy used by managers at the time �??Hedging�?? refers to the hedge fund manager making additional trades in an attempt to counterbalance any risk involved with the existing positions in the portfolio. Hedging can be accomplished in many different ways but the most basic technique is to purchase a long position and a secondary short position in a similar security. This is used to offset price fluctuations and is an effective way of neutralizing the effects of market conditions.Today, the term �??hedge fund�?? tells an investor nothing about the underlying investment activities, similar to the term �??mutual fund�??. So how do you figure out what the hedge fund manager does? You are able to figure out a little more about the underlying investment activities by understanding the trading/investment strategies that the hedge fund manager states he trades. The �??investment strategy�?? is the investment approach or the techniques used by the hedge fund manager to have positive returns on the investments If a manager says he trades long/short equity then you know he is buying undervalued equities and selling overvalued equities Although this description is the long/short equity strategy at its most basic, it is important to understand the strategies that the manager says.&lt;br /&gt;&lt;br /&gt;�??�?��?�??�?�??�??�??�??就�?说�?你�?��?�正�?�??�?�?�?�??�??�?�?对�?��?��??�?��?�?�?你�?��?��?��?�说�?�?�?��??�?�?�?�?��??�?好�?�?��??就�?��?�正�?�??�?讲讲�??�?�?对�?��?��??�?��?��??�?对�?��?��??�?��?�就�?�?�?��??�?��?��?样�?没�?�?�?��??�??�?�?��?�讲�?对�?��?��??�?��?��?��?大�?�?��?�?�?��?��?��??�?大�?�?就�?��?�?�大�?��?��??�?��?��??对�?��?��??�?��?��?�?��?��?�伦�?��??�??�??�?�?�??�?�?�?��?��??�??�?��?�?�??对�?��?��??�?��?��?�?��??�?�?��?��?��?��?��?��??�?第�?�?�?�??�?��??第�?�?�?�?��??support businesses�?��?��?�?�?�?说�?prime brokers�?administrators�?compliance consultants�?systems providers�?Hedge Fund consultants�?corporate communication firms�?accountants�? lawyers�?�?�?对�?�?�?�??�?�?��?��?��??对�?��?��??�?��?��?��?�?�?support businesses�??们�?��??�?��?�?�?第�?�?对�?��?��??�?��?��?�??�?须�?学�?�?�consultancy firms�??�?�?个�??�?��?�??�??�?�??巧�?�??�?��?��??�?�以�?大家说说�??�??�?�?�??�?��?�?�?��?��?�??�?�??�?第�?�?对�?��?��??�?��?��?�??�?个强大�??operation�?��?��?�?个�??�?�?�人�??�?�?�?�章讲�??&lt;br /&gt;&lt;br /&gt;�?��?对�?��?��??�?��?��??�?�??们�?��?��??�??�?人�?�??�?��??�?��?�?�??�?该�??�??�?��?�?��?�?��?�?�??确�?��?个系�?工�?�?�??认为�??�?�??�??�??�??以�?�?��?��?&lt;br /&gt;&lt;br /&gt;1�?�??�?�?��?�??�?�?�?��??认为就�?��?个对�?��?��??�?��?��??�?建�??�?��?�?�?�??�??建�?�?�?�?��?个对�?��?��??�?��?��??建�?�?个对�?��?��??�?��?��?对�?�?��??们�?�??�??�?�?�建�?就建�?�??�??&lt;br /&gt;&lt;br /&gt;2�?�?��??�?中�??�?�?��??�??�?��?�??�?�??�?��?�?�?�人说�?�?�?�?��?�??�?�?�??�?�记�?�?�?�??�?�?�?��?��?�?��?没�??�?��?�??们�??�??�?�?�?��??走�??�?�?�?��?两�?�大�?�??�?�翻翻MBA�??书�?��??�?�??�??�?�?SWOT�??�??�?�?个�??�??�?�个�??�??�??�?�??�?��?��??�??�??�??�?�??就�?�?��?�??�?说�?�?�?说�?�?�?西�?就好�??�??�?��?�??�??�?X�??�?�??&lt;br /&gt;&lt;br /&gt;3�?对�?��?��??�?��?��??�?�质�?�??�??�??�??�??�?�?�?��??�??�?��??�?对�?��?��??�?��?�容�??�?�?�?�?�?样�??好�??�?Partnership? �? 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href='http://daily-gem.blogspot.com/feeds/6283563413674950771/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=6283563413674950771' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/6283563413674950771?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/6283563413674950771?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/06/hedge-fund.html' title='转�?Hedge Fund�?�?'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;DUIEQn07fSp7ImA9WxdVGE8.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-3201551933803995553</id><published>2008-06-30T12:00:00.007-04:00</published><updated>2008-07-23T11:38:23.305-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-23T11:38:23.305-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='�?�?'/><category scheme='http://www.blogger.com/atom/ns#' term='中�??'/><category scheme='http://www.blogger.com/atom/ns#' term='鯨�??海'/><category scheme='http://www.blogger.com/atom/ns#' term='张�?�'/><category scheme='http://www.blogger.com/atom/ns#' term='Poem'/><title>What's on my mind</title><content type='html'>&lt;span style="font-size:85%;"&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;�??�?�人�??�??�??�??�??�??�??&lt;/span&gt;&lt;a href="http://www.wretch.cc/blog/eyetoeye" target="_blank"&gt;&lt;span style="font-size:85%;"&gt;鯨�??海&lt;/span&gt;&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;�??常幻�?�走�?��?天�??路�?&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;�?�?�頭就�??�?你&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;巨大�?�??�?�?�人�??�?�?&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;�?�?��?��?&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;�?��??�?�??�?�??�?�??中�??�??�??�??&lt;br /&gt;�??�??�??�??�??�??�??�??�??�??�??&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;�??�??�?��?��??精�?�??�?��??&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;&lt;�?人�?�&gt; �??張�?&lt;br /&gt;&lt;br /&gt;究�?�?��?��?麽人�?&lt;/span&gt;&lt;span style="font-size:85%;"&gt;�?��?�?��??�?��?�&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;�?��?��?��?��?�?��??你�??�?�?�幽深�?�測&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;�??�??�??�?�??�??棵�?�樹�?�?��?�??&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;�?��?你�?�?�?��??�?�?��?��?�??&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;�?�滿幹�?�??�?��?�?�?�??�??�?��?&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;�?�??�?網�?你�?��??�??�?水波說話�??�??&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;你此�?�追蹤�??�?��?麽�?&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;�?��?�?�??�?此�?��??&lt;/span&gt;&lt;br /&gt;&lt;span style="font-size:85%;"&gt;&lt;br /&gt;�??�??�??�??�?�??�?��??�??�?�?��?��?水&lt;br /&gt;�??�?�平你�?�?�??�?��?�?�??�??�?�編�?&lt;br /&gt;�??溫�??�?你�??�??�?��?�?��?件�?�西&lt;br /&gt;享�??�?��?件�?�西�?�?�?�??�??宿�??�??&lt;br /&gt;誰使�?��??�??�?�&lt;br /&gt;�?�??�?��?��?�??�?��??�?��?�&lt;br /&gt;鮮�?�??�?�??�?�?�?��?�?�?你�?��??&lt;br /&gt;�?��?�?�?�??�?�??�??&lt;br /&gt;�?��?��?��?��?�??�?�??�?�??山�?�?�?&lt;br /&gt;&lt;br /&gt;�??�?��??�?��??�??第�??�??�??&lt;br /&gt;�??�??�??�?��?給�?�?�??影�?&lt;br /&gt;�??�?��?�?��?�己�??�?�??鮮�?�?�?你&lt;br /&gt;�?�?�??�??�?�?�??�?�?��?�??潤�??&lt;br /&gt;�?你�?�?�身�?��?��?�??�?&lt;br /&gt;�?��?�?��??你說話�??�?��?�&lt;br /&gt;�?�?你�?��??�??�??�?�?��??&lt;br /&gt;空空�??�?衣�??�??�?��?�&lt;br /&gt;�?�?你�??�??�?�?�??�?�?�?�??�??�??&lt;br /&gt;你�?�??�??�?人�?�?�??�?&lt;br /&gt;究�?�?��?��?麽人�?�?�??�?�?�&lt;br /&gt;�??�?�??�??�??�?�??�?�?��?�?�?�?�起&lt;br /&gt;你�??�?��?姿�?��?�?�??風�?�便�??滿�?�?�?�&lt;br /&gt;�?�風�?張�??�?�??&lt;br /&gt;�?�?��??�??�?�?�?��??�??&lt;br /&gt;�??�??�??�?��??�?��?�?��?�?�骨&lt;br /&gt;&lt;br /&gt;你�?�?�正緩緩�??�??�?�?�&lt;br /&gt;馬�?��?��?��?�?�根�?繩�?滿�?�天&lt;br /&gt;你�?�?�正�??�??�??�??�?�?�&lt;br /&gt;馬�?��?�?�?�?��?��?�??&lt;br /&gt;�?�??�??�?��?��?你�??�?�??�?�?��?你�?��?��??�?�?�&lt;br /&gt;�?��??就被�??�?�??�??�??你�?��??訴�??&lt;br /&gt;你�??�??�??�??樣�??�?��?�??就�??�??訴你&lt;br /&gt;你�?�??樣�??�?次�??�??�?你�?��??訴�??&lt;br /&gt;你�??�?�?麽�?�西正�?��?�??&lt;br /&gt;�??就�??�??訴你�?你�?��?��?�??&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;/span&gt;</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/3201551933803995553/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=3201551933803995553' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/3201551933803995553?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/3201551933803995553?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/06/whats-on-my-mind.html' title='What&apos;s on my mind'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry><entry gd:etag='W/&quot;DUMMSHk6fSp7ImA9WxdVGE8.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-7012104459757080083</id><published>2008-06-30T10:03:00.007-04:00</published><updated>2008-07-23T11:38:09.715-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-23T11:38:09.715-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='�?��??'/><category scheme='http://www.blogger.com/atom/ns#' term='Bill Gates'/><category scheme='http://www.blogger.com/atom/ns#' term='MSFT'/><category scheme='http://www.blogger.com/atom/ns#' term='English'/><title>Celebrity news on a Monday</title><content type='html'>It seems to me that compared with &lt;a href="http://www.news.harvard.edu/gazette/2008/06.05/99-rowlingspeech.html"&gt;J.K.Rowling's commencement speech in Harvard&lt;/a&gt;, the June's celebrity focus should be on Bill Gates.&lt;br /&gt;&lt;br /&gt;&lt;div&gt;&lt;a href="http://www.nytimes.com/idg/IDG_852573C4006938800025745D0044BF9C.html"&gt;After bidding farewell to fellow workers last Friday&lt;/a&gt;, Mr. Gates is off to enjoy his retirement.&lt;a href="http://bp2.blogger.com/_2jUlsY6QPys/SGjrwWs_xVI/AAAAAAAAAKw/UJNVyFNPQVE/s1600-h/microsoft-bill-gates-technology-company-BZ04-wide-horizontal.jpg"&gt;&lt;img id="BLOGGER_PHOTO_ID_5217679384269276498" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; CURSOR: hand" alt="" src="http://bp2.blogger.com/_2jUlsY6QPys/SGjrwWs_xVI/AAAAAAAAAKw/UJNVyFNPQVE/s320/microsoft-bill-gates-technology-company-BZ04-wide-horizontal.jpg" border="0" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;&lt;br /&gt;The picture on the left is very interesting. It is a comparison of Microsoft people in 1980s and 2000s. Those people who used to be cool, edgy and geeky are now happy common-looking uncles and aunts. Well, maybe that is what happened when people grow up? What is most important is they look happy and, we know, they are rich.&lt;br /&gt;&lt;br /&gt;I remember there is a so-call "theory" that resembles the &lt;a href="http://en.wikipedia.org/wiki/Central_limit_theorem"&gt;Central limit theorem&lt;/a&gt;. It states that people will develop into mediocrocy over a long period of time, no matter how different they are in the beginning. Interesting. However, I think it is because society is developing, and, what is mediocrocy? The look or the attitude or??&lt;br /&gt;&lt;br /&gt;&lt;div&gt;Anyway, Mr. Gates had left MSFT. However, he will still "donate" 20% of his time to the company. There are &lt;a href="http://www.newsweek.com/id/142636"&gt;many articles and pictures &lt;/a&gt;and &lt;a href="http://www.blogger.com/www.youtube.com/watch?v=Xr5w3X4R8b4"&gt;youtube movies &lt;/a&gt;about Bill Gates' retirement. It is a very good idea to let stock holders know the news far in advance and make a transition in a long time to dilute the shock and possible negative effects. &lt;a href="http://bp1.blogger.com/_2jUlsY6QPys/SGjs1L8bsMI/AAAAAAAAAK4/JB5-eJZ9QjM/s1600-h/msft.png"&gt;&lt;img id="BLOGGER_PHOTO_ID_5217680566792204482" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; CURSOR: hand" alt="" src="http://bp1.blogger.com/_2jUlsY6QPys/SGjs1L8bsMI/AAAAAAAAAK4/JB5-eJZ9QjM/s320/msft.png" border="0" /&gt;&lt;/a&gt;It seems to me that the stock market has already digested the news. Stock price is still near one-year low but there is no significant sign of going under. God, if I can be wise enough to know how it will go in 10 months!&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/7012104459757080083/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=7012104459757080083' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/7012104459757080083?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/7012104459757080083?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/06/celebrity-news-on-monday.html' title='Celebrity news on a Monday'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://bp2.blogger.com/_2jUlsY6QPys/SGjrwWs_xVI/AAAAAAAAAKw/UJNVyFNPQVE/s72-c/microsoft-bill-gates-technology-company-BZ04-wide-horizontal.jpg' height='72' width='72'/></entry><entry gd:etag='W/&quot;DUMMSHk6fyp7ImA9WxdVGE8.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-372188725552569116</id><published>2008-06-27T15:43:00.012-04:00</published><updated>2008-07-23T11:38:09.717-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-23T11:38:09.717-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='Pharmaceuticals'/><category scheme='http://www.blogger.com/atom/ns#' term='�?��??'/><category scheme='http://www.blogger.com/atom/ns#' term='Pricing'/><category scheme='http://www.blogger.com/atom/ns#' term='drug cost'/><category scheme='http://www.blogger.com/atom/ns#' term='DNA'/><category scheme='http://www.blogger.com/atom/ns#' term='English'/><title>A dilemma: δί-λημμα</title><content type='html'>As an MBA student, ethical studies are an important part of education. However, it is really hard to define what is right or what is wrong. The world is what we see, what we have created. Everything exists for a reason. But if we accept everything that we see, there will be no innovation, no revolution, no improvement. There is always poverty, inequality, corruption and bad and non-ethical issues. Should we direct our business to address existing social problems or ignore them, just go for the profit? It is a dilemma.&lt;br /&gt;&lt;br /&gt;In one of the classes, we learnt about a drug that Merck developed for treating a disease in Africa. The R&amp;amp;D cost of the drug is almost impossible to recover. It is mainly for the good of people in need that Merck continued with the development and sold the drug cheap. When I was studying that case, I was moderately moved. Yes, Merck did something good. But, it is a drug-making company, shouldn't it develope every drug possilbe? Shouldn't phamaceuticals put patients first?...&lt;br /&gt;&lt;br /&gt;Now I know how naive I was.&lt;br /&gt;&lt;br /&gt;It costs so much money and labor and time to develope a drug, that the sole purpose of a growing, ambitious profit-seeking drug-making company would be to develope a blockbuster drug for cancer or other deadly disease for people who can afford to cure it, and try to sell the drug at the highest price possible(which MBA students come in handy) for the years that it retains the patent. After those golden years, the drug will fall into generic and will have a lot of competitors, be much cheaper, bring in lesser revenue. It is about unlimited huge investment and limited years of huge return. It is probabilities, it is calculation and reality.&lt;br /&gt;&lt;br /&gt;Pharmaceuticals are business. They are not philantrophy and will never be.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://bp2.blogger.com/_2jUlsY6QPys/SGVKIDjbAPI/AAAAAAAAAKE/BgBUJY2MRIE/s1600-h/dna.png"&gt;&lt;img id="BLOGGER_PHOTO_ID_5216657245631873266" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; CURSOR: hand" alt="" src="http://bp2.blogger.com/_2jUlsY6QPys/SGVKIDjbAPI/AAAAAAAAAKE/BgBUJY2MRIE/s320/dna.png" border="0" /&gt;&lt;/a&gt;While I am amazed by the portfolio of drugs from Genentech and how well they worked on patients, I am also aware of the prices of the drugs. The quote is $4400/mo from the maunufacturer(NYSE: DNA) for Avastin, and the actual price the patients(or insurance) pay is even higher, almost doubled, as there is mark-up and everything. (Part of my knowledge comes from &lt;a href="http://www.assertivepatient.com/2007/02/the_high_cost_o.html"&gt;here&lt;/a&gt;.)&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Oh, for those who need it but cannot afford it, can we lower the price?&lt;br /&gt;No, you cannot. Analysts from Morgan Stanley are looking at you! The stock price of DNA reached $90 and then droped to $70, because the drug sells less, patient number is smaller then estimated, and your patents will expire if there is no new drugs coming(well, actually there are more reasons than these, e.g. regulatory issues, management decisions, and the price drop happened over several years).&lt;br /&gt;&lt;br /&gt;Wallstreet and all funding sources are the drivers of the high prices for biotech treatment and new drugs. Comparably speaking, those old and established companies like Eli Lilly are lower in stock price and, hey, investors are not really expecting so much from it as well.&lt;br /&gt;&lt;br /&gt;This business cannot stop. Once you slow down, you are not so valuable.&lt;br /&gt;&lt;br /&gt;Maybe nobody will really think about the dilemma except for new MBAs and those MBA professors. Because they are not yet deep in the money game.</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/372188725552569116/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=372188725552569116' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/372188725552569116?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/372188725552569116?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/06/dilemma.html' title='A dilemma: δί-λημμα'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://bp2.blogger.com/_2jUlsY6QPys/SGVKIDjbAPI/AAAAAAAAAKE/BgBUJY2MRIE/s72-c/dna.png' height='72' width='72'/></entry><entry gd:etag='W/&quot;DUMMSHk6cSp7ImA9WxdVGE8.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-2075293777554022701</id><published>2008-06-26T13:22:00.001-04:00</published><updated>2008-07-23T11:38:09.719-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-23T11:38:09.719-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='Macroeconomy'/><category scheme='http://www.blogger.com/atom/ns#' term='谢�?�忠'/><category scheme='http://www.blogger.com/atom/ns#' term='�?��??'/><category scheme='http://www.blogger.com/atom/ns#' term='economic crisis'/><category scheme='http://www.blogger.com/atom/ns#' term='Vietnam'/><category scheme='http://www.blogger.com/atom/ns#' term='English'/><title>"from rags to riches and to rags again"</title><content type='html'>"The job market this year will be very bad!" exclaimed one of my classmates.&lt;br /&gt;&lt;br /&gt;Yes I think so too. Today the oil price hit 135 usd/ba, which is a new height. The high oil price has become a burden for life and for the development of the economy. The sub-prime crisis is still at the corner and lay-off has just begun, the oil price is adding new pain to the existing injuries.&lt;br /&gt;&lt;br /&gt;Brent Spot commodity chart&lt;br /&gt;- development last 1 year&lt;br /&gt;&lt;img id="BLOGGER_PHOTO_ID_5216243408521260562" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; CURSOR: hand" alt="" src="http://bp0.blogger.com/_2jUlsY6QPys/SGPRvkLh7hI/AAAAAAAAAJ0/a2MVoFH0na4/s320/iserver.png" border="0" /&gt;&lt;br /&gt;Look at how oil prices develope in the past year, it is almost linear! Of course, the devaluation of USD has something to do with it. When all bad things happen at the same time, it is expectable that the economic down turn is near the corner.&lt;br /&gt;&lt;br /&gt;How can we not worry about jobs?&lt;br /&gt;&lt;br /&gt;However, look at what value investors will do. Just do not be puzzled and fooled by apprearance, but try to find out what the intrinsic value is.&lt;br /&gt;&lt;br /&gt;Is the current outlook a short time trend? Or is it here to stay, like, for decades? I believe it is short-term. People should have the big picture in mind, that we are probably at the bottem of a curve, however, it will move up gradually. And then, peak again.&lt;br /&gt;&lt;br /&gt;However, peaking might not be a good thing as well. Those that rise fast may fall fast. Look at Vietnam. What a story of success it used to be before 2008. However, the over reliance on international investment, coupled with economic down turn and the profit-seeking nature of "hot-money", produced pretty nasty result. I found &lt;a href="http://xieguozhong.blog.sohu.com/91142483.html"&gt;a piece of good article&lt;/a&gt; about this issue from Xie Guozhong, who is famous for his frankness, which, I don't know if it's good or bad.&lt;br /&gt;&lt;br /&gt;But the cycle is just like this. "What goes up will come down", "from rags to riches and to rags again". And finally, "the more things change, the more they stay the same".&lt;br /&gt;&lt;br /&gt;Well, my post just want to remind us, stay cool. Do what you should do and, PREPARED FOR THE WORST. However, the worst won't last forever.</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/2075293777554022701/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=2075293777554022701' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/2075293777554022701?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/2075293777554022701?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/06/from-rags-to-riches-and-to-rags-again.html' title='&quot;from rags to riches and to rags again&quot;'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://bp0.blogger.com/_2jUlsY6QPys/SGPRvkLh7hI/AAAAAAAAAJ0/a2MVoFH0na4/s72-c/iserver.png' height='72' width='72'/></entry><entry gd:etag='W/&quot;DUMMSHk5eCp7ImA9WxdVGE8.&quot;'><id>tag:blogger.com,1999:blog-6332448006676836330.post-6433264870314589730</id><published>2008-06-26T09:43:00.001-04:00</published><updated>2008-07-23T11:38:09.720-04:00</updated><app:edited xmlns:app='http://www.w3.org/2007/app'>2008-07-23T11:38:09.720-04:00</app:edited><category scheme='http://www.blogger.com/atom/ns#' term='Venture Capital'/><category scheme='http://www.blogger.com/atom/ns#' term='�?��??'/><category scheme='http://www.blogger.com/atom/ns#' term='English'/><title>VC and seeking $$ from VC</title><content type='html'>There is an elective called VC in Darden. It is very popular among students. Previously, I am not really interested in VC, as I have friends who are in the industry for years already and the comment is:"there are so many liars and people who are good at telling stories in this industry...."&lt;br /&gt;&lt;br /&gt;Well, sure, who doesn't want easy money if a business plan can bring them, and a lot of them, to the bank account. The industry is mainly about people. How you deal with people and how to judge people. It is not about science, not(only) financial statements and valuation. It is judgement and investment in people. Man, it is difficult.&lt;br /&gt;&lt;br /&gt;The company I am currently working for is waiting eagerly for a term sheet. However, for the past 7 years, it has not succeeded. Will it ever succeed? I have no f**king idea. But I hope they can make it. Pharma R &amp;amp; D is very risky business. However, data from past deals is very attractive. You see people making hundreds of millions out of a drug which barely past the 2nd trial, and you think, what the hell. However, it takes millions to develope and market the drug and it takes courage and a lot of confidence to keep trying with so much debt on your back. Well, some will say, the money is from investors, it is not his own money. Partly it is true. However, the seed money should mostly be privately funded.&lt;br /&gt;&lt;br /&gt;Pharmaceutical industry and film industry are very special and capital intensive ones. Compared with high-tech or other industry, they seem a bit different. It is nice to learn what is going on here and participate in it. Maybe one day I will be sitting on one side of the table as well.</content><link rel='replies' type='application/atom+xml' href='http://daily-gem.blogspot.com/feeds/6433264870314589730/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=6332448006676836330&amp;postID=6433264870314589730' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/6433264870314589730?v=2'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/6332448006676836330/posts/default/6433264870314589730?v=2'/><link rel='alternate' type='text/html' href='http://daily-gem.blogspot.com/2008/06/vc-and-seeking-vc.html' title='VC and seeking $$ from VC'/><author><name>Ginger Ale</name><email>noreply@blogger.com</email></author></entry></feed>