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Showing posts from June, 2012

Prescription for Guaranteed Misery in Life

This is an interesting article on how to ensure misery in Life.   In case you wonder why I bother to bookmark this page, it is because it is funny and by one of the greatest investor of our time - Charlie Munger.

Quotes and book recommendation by Charlie Munger

These quotes were taken from the following site.

“We both (Charlie Munger and Warren Buffett) insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think.”
―Charles T. Munger

“We all are learning, modifying, or destroying ideas all the time. Rapid destruction of your ideas when the time is right is one of the most valuable qualities you can acquire. You must force yourself to consider arguments on the other side.”
―Charles T. Munger

“In my whole life, I have known no wise people who didn't read all the time -- none, zero. You'd be amazed at how much Warren(Buffett) reads -- at how much I read. My children laugh at me. They think I'm a book with a couple of legs sticking out".”
Charles T. Munger,Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger


The following is taken from another source:

“SOME OF THE MOST ADMIRED PEOPLE IN FINANCE—INCLUDING 
ALAN GREENSPAN—ARGUED THAT DERIVATI…

Academic Economics: Strengths and Faults After Considering Interdisciplinary Needs - a speech by Charles T Munger

It is a pretty interesting speech by Vice Chairman of Berkshire Hathaway.   The text of the speech can be found here.

The table of content is as follow:

TABLE OF CONTENTS
Page
Introduction by Rajnish Mehra ...................................................................................................... 1
Munger’s Opening Remarks:......................................................................................................... 1
Non-use of Efficient Market Theory at Berkshire ............................................................. 2
Personal Multidisciplinary Education................................................................................ 3
The Obvious Strengths of Academic Economics .............................................................. 4
What’s Wrong with Economics......................................................................................... 5
1) Fatal Unconnectedness, Leading To “Man With A Hammer
Syndrome,” Often Causing Overweighing Wha…

Cardio Doesn't work because...

The article, published in Obesity Reviews (Vol. 13 Issue 6),
explained that cardio doesn't work for FOUR reasons:

a) Some people eat more when they start a cardio program
b) Calorie burning at rest often decreases with cardio
c) Calorie-burning lean tissue is often lost
d) Cardio programs cause you to do less activity over the day

Gladwell

While looking for information on "Blink", I came across this website which analyzes a few of the books by the author. 

The website is http://www.gladwell.com

Discussion on:
The DogOutlierBlinkThe Tipping point

Find words of fixed length and starts with

When doing crossword, we sometimes have a fixed number of spaces and have specific words in between.

This web site will help.

The tip provided on how to use it is as follow:

Use a hyphen (dash) to give the location of a missing letter: w-rd or -are
Use an asterisk (star) for any number of unknown letters: lett* or *gry or ar*ct
Exclude words containing the letters that follow a caret (hat): ma-e ^kt
Or enter a few letters (without hyphens or asterisks) to see if they make any words.

Unscrambling words

If you have a scrambled word you need to unscramble here is a resource to help you do that.

Excellent Quotes by Warren Buffet

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How to read a tyre

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A reminder to students

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