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Murphy's Lesser Known Laws.

  
Education, Life
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1. Light travels faster than sound. This is why some people appear bright until you hear them speak.

2. He who laughs last, thinks slowest.

3. Change is inevitable, except from a vending machine.

4. Those who live by the sword, get shot by those who don’t.

5. Nothing is foolproof to a sufficiently talented fool.

6. The 50-50-90 rule: Anytime you have a 50-50 chance of getting something right, there’s a 90% probability you’ll get it wrong.

7. If you lined up all the cars in the world end to end, someone would be stupid enough to try to pass them, five or six at a time, on a hill, in the fog.

8. If the shoe fits, get another one just like it.

9. The things that come to those who wait will be the things left by those who got there first. (more…)

Warren Buffett Nails It On The Importance Of Luck In Life

  
Education, Life
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WARREN BUFFETT: Well I came up with that a long, long time ago to describe the situation that – I was lucky. I was born in the United States. The odds were 30 or 40-to-1 against that. I had some lucky genes. I was born at the right time. If I’d been born thousands of years ago I’d be some animal’s lunch because I can’t run very fast or climb trees. So there’s so much chance in how we enter the world. And –

LIU: And you were always aware to make sure your children and their grandchildren, and your grandchildren would be grounded.

WARREN BUFFETT: Yes. And we’re not – how you came out of the womb has really nothing to do with what kind of person you are. You decide what kind of person you’re going to be. It does decide whether maybe you never have to do an item of work in your life and maybe determine whether you’re fighting uphill all of the time, but where in my life, in my eyes is we’re all created equal, and but we don’t all have an equal opportunity by a longshot. And my kids really work every day in trying to even up the scorecard.

Luck plays a big role in life.  But you also get to choose how you’re going to use that luck and whether you want to try to make more of your own luck.

Happy New Year -2010

  
Education, Life
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31964

Updated at 12:02/1st Jan’10

My New year resolutions of 2010

1. Earn more money. Money money. To support family and life.

2. Of course a good career is neccessary.

3. Without the most important aspect of life — health, point 1 and 2 is useless.

4. Above all, spiritually blessed by God.

 5. Lead a simple life. Be contended.

6. More time with family spending quality time with parents, wife and brining up
children.

7. More time with good friends and relatives. Socialize.

8. Have extra spare cash. Be charitable.

9. Have a passive income to be financially independent

10. Be a charisma person.

My New Year’s resolutions for Trading

Trade less. Exercise more patience.

Be patient, buy right and buy big.

Be sure, be not afraid.

Don’t sell out on fear at the bottom of corrections.

Only make pre-planned trades; do not chase the “stock of the day” (more…)

Lifestyle & Improvement

  
Education, Life
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  • 63 ways to build more confidence (LifeHack)

  • Ways to live forever (James Altucher)

  • What not to say when pulled over by a cop (Chris Rock)

  • How to simplify your life (Frugal Zeitgeist)

  • The minimalist’s guide to cultivating passion (Zen Habits)

  • How great leaders inspire action (Ted)

  • Success in most arenas of life is thus not a reflection of innate skill but rather devoted effort (Peter Orszag)

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