5 cravings --wealth, fame, sex, fancy food, lots of sleep
5 true powers -- faith, diligence, mindfulness, concentration, insight
Faith -- confidence and trust
Diligence -- stop negative emotions from manifesting; replacing negative; invite good seeds; nourish good seeds
Mindfulness -- energy of being aware of what is in the present; the capacity to reckonize things as they are (eg. seating, walking, do them with 100% focus).
Concentration and insight -- mindfulness will lead to concentration and concentration will lead to insight.
Buddha on Being Happy --
1. bad things, don't do
2. good things, try to do
3. try to purify, subdue your mind
Tuesday, October 21, 2008
Saturday, October 18, 2008
Useful Work versus Useless Toil -- William Morris
"It is assumed by most people nowadays that all work is useful, and by most well-to-do people that all work is desirable. Most people, well-to-do or not, believe that, even when a man is doing work which appears to be useless, he is earning his livelihood by it -- he is 'employed', as the phrase goes .... "
extracted from "Useful Work versus Useless Toil" by William Morris (1834-1896)
It is probably safe to say that 124 years since William Morris gave the lecture to the Hampstead Liberal Club in 1884, the world has invented more useless work and very few have succeeded in escaping the Rat Race. Unnecessary consumption, litigation, advertising, economic 'growth', have see to it that the human race is spending more and more time working and less and less time thinking why they are toiling ....
extracted from "Useful Work versus Useless Toil" by William Morris (1834-1896)
It is probably safe to say that 124 years since William Morris gave the lecture to the Hampstead Liberal Club in 1884, the world has invented more useless work and very few have succeeded in escaping the Rat Race. Unnecessary consumption, litigation, advertising, economic 'growth', have see to it that the human race is spending more and more time working and less and less time thinking why they are toiling ....
Tuesday, October 7, 2008
Life balance sheet
READ THIS FROM SOMEWHERE:
Our Birth is our Opening Balance!
Our Death is our Closing Balance!
Our Prejudiced Views are our Liabilities
Our Creative Ideas are our Assets
Heart is our Current Asset
Soul is our Fixed Asset
Brain is our Fixed Deposit
Thinking is our Current Account
Achievements are our Capital
Character & Morals, our Stock-in-Trade
Friends are our General Reserves
Values & Behaviour are our Goodwill
Patience is our Interest Earned
Love is our Dividend
Children are our Bonus Issues
Education is Brands / Patents
Knowledge is our Investment
Experience is our Premium Account
The Aim is to Tally the Balance Sheet Accurately.
The Goal is to get the Best Presented Accounts Award.
Some very Good and Very bad things ....
The most destructive habit....... ......... .............Worry
The greatest Joy......... ......... ......... ...............Giving
The greatest loss............................................Loss of self-respect
The most satisfying work........ .........................Helping others
The ugliest personality trait....... .......................Selfishness
The most endangered species..... .....................Dedicated leaders
Our greatest natural resource.... ......... ………....Our youth
The greatest 'shot in the arm'........ ……………….Encouragement
The greatest problem to overcome.... ......... ........Fear
The most effective sleeping pill....... ………………Peace of mind
The most crippling failure disease..... ………........Excuses
The most powerful force in life........ .......... ……...Love
The most dangerous act...... ……………………....A gossip
The world's most incredible computer.... ..............The brain
The worst thing to be without..... ......... .............. Hope
The deadliest weapon...... ......... ........................The tongue
The two most power-filled words....... ................. 'I Can'
The greatest asset....... .......... ......... ................Faith
The most worthless emotion.... ......... ................Self- pity
The most beautiful attire...... ....... . .......... .........SMILE!
The most prized possession.. ......... ..................Integrity
The most powerful channel of communication. .....Prayer
The most contagious spirit...... ......... .................Enthusiasm
Life ends; when you stop Dreaming,
Hope ends; when you stop Believing,
Love ends; when you stop Caring,
And Friendship ends; when you stop Sharing.
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This is not an offer (or solicitation of an offer) to buy/sell the securities/instruments mentioned or an official confirmation. This is not research and is not from ZAIS Group but it may refer to a research analyst/research report. Unless indicated, these views are the author’s and may differ from those of ZAIS Group research or others in the Firm. We do not represent this is accurate or complete and we may not update this. Past performance is not indicative of future returns.
"ZAIS", "ZAIS Group" and "ZAIS Solutions" are trademarks of ZAIS Group, LLC.
Wednesday, September 24, 2008
The River -- Thich Nhat Hanh
This is my summarized version of the short essay, The River, by Thich Nhat Hanh
Once there was a beautiful river. She was happy.
One day, she noticed clouds floating in the sky. She loved the clouds and wished to possess one. She chased the clouds but could not reach them as they were high in the sky.
A strong wind came one day and blew all the clouds away. The sky was empty. The river was sad as she was used to chasing after clouds. She wanted to die as there was nothing for her now.
One night, she looked deeply into herself and suddenly realized that clouds were made of water and that she herself was water.
The next morning, she saw the blue sky for the first time. She had never noticed it as she was only interested in the clouds.
That afternoon the clouds returned. She said hello to them. When the clouds wanted to go away, she said goodbye. She now no longer wanted to possess them.
That evening she opened herself to the sky and received the image of a full moon.
She realized that everything beautiful is already there. There is nothing to chase after.
Once there was a beautiful river. She was happy.
One day, she noticed clouds floating in the sky. She loved the clouds and wished to possess one. She chased the clouds but could not reach them as they were high in the sky.
A strong wind came one day and blew all the clouds away. The sky was empty. The river was sad as she was used to chasing after clouds. She wanted to die as there was nothing for her now.
One night, she looked deeply into herself and suddenly realized that clouds were made of water and that she herself was water.
The next morning, she saw the blue sky for the first time. She had never noticed it as she was only interested in the clouds.
That afternoon the clouds returned. She said hello to them. When the clouds wanted to go away, she said goodbye. She now no longer wanted to possess them.
That evening she opened herself to the sky and received the image of a full moon.
She realized that everything beautiful is already there. There is nothing to chase after.
Thursday, September 18, 2008
Just do it
I always wondered why somebody did not do something about that,
then I realized I was somebody.
-- Lily Tomlin
then I realized I was somebody.
-- Lily Tomlin
Basic Concepts of Value Investing
Cannot remember where I got these from:
1. No market participants is assumed to be crazy or stupid.
2. Value is a dynamic concept.
3. Market price is NOT something to predict but something of which to take ADVANTAGE of.
4. There is NO general risk; only SPECIFIC RISK.
5. Every investment has something wrong with it.
1. No market participants is assumed to be crazy or stupid.
2. Value is a dynamic concept.
3. Market price is NOT something to predict but something of which to take ADVANTAGE of.
4. There is NO general risk; only SPECIFIC RISK.
5. Every investment has something wrong with it.
Monday, September 15, 2008
Titanic and Noah's Ark
Titanic was built by professionals and steered by professionals.
Bloated egos (too big to fail) and distracted sailors (not monitoring closely) saw the Big Ship end in sorrows.
On the other hand,
The
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