Derivatives

My mind cant take in those complicated derivatives' theory. Its only CFA Level 1 and derivatives only constitutes 5%. The derivatives in CFA I looks ok to me as it is not that hard but I cannot imagine taking CFA Level 2 and 3, with a higher weightage on this topic.

Their theory is hedging here and there, making it very complicated. Cant they make it simple? My friend, S , had told me that only complicated stuff can earn big money and achieve a barrier of entries. I am wondering if this is the life I am looking forward to next time after audit. My interest in finance is much simpler. Invest within your own means and try for long term in good stocks and I don't think its the agenda of most banks. Though I am guilty of not holding stocks for more than a yr at times and I think long term means 5 years. I am disillusioned about my career path.

New Liverpool FC shirt sponsor

This is an old news. Standard Chartered is the proud shirt sponsor of Liverpool Football Club. The sponsorship is worth a cool 20 million pounds per year compared to Carlsberg's 7.5 million pounds.
The contract last 4 years :)

As a Liverpool fan, I am obviously very happy for the club as they have an extra 13 million pounds to spend but the interest expense incurred from the debts is worrying :( Till now, I do not know why the former chairman do not want to sell to those oil kings.

The focus today is, I am wondering what benefit does Standard Chartered gets for having their name on the coveted shirt. Firstly, you can have a Liverpool Standard Chartered card. Haha, I may get one to have a Liverpool logo on my credit card :) Secondly, you definitely has more media exposure as a lot of people watch EPL. However, Liverpool has a lot of rivals! Everton, Manchester United, Arsenal or Chelsea. I was thinking what benefit does Standard Chartered get? Only Liverpool fans? Hardcore fans will never support their rival clubs' sponsors.

One thing to note that even though I dun really like Chelsea (shirt sponsor is Samsung), I think that doesnt influence my decision to buy Samsung as I feel it is a reliable brand. But I feel abit unease buying AIG (Manchester's shirt sponsor). Haha. Just a little unease.

If I ever had a car, I wont dare to paste my car with Liverpool logo, fearing some hardcore ManU fans who will destroy my car. The same logic applies to when you go to away games, you don't really want to wear you favourite club shirt.

So the ultimate question is, does a club shirt sponsor gain a lot from their sponsorships? Except for the media exposure, I seriously doubt so.

Love keeps no record of wrongs

I always embrace people's strengths but I feel that I have the tendency to remember the wrongs done by people. But somehow if there were an argument with my love ones, I will sometimes bring up those wrong stuff they did last time, wanting to win that argument. Another weakness...

It definitely hurts.

Hope I can keep no record of wrongs. If I do keep, I hope I don't say out to them.

P.S. Haha please dun use this weakness to answer interview questions. HAHA. A lot of interviewers like to ask, 'what is your weakness?'

Ashton

My mum does not really like me to bring my nephew out as she is worried that my nephew will fall down and injure himself. But today, I bring my nephew out to Pungool Park and he has lots of fun. When we come back, he keep sticking to me and wanna hug me. Hahaha.

I feel that its so easy to make a child happy and all parents should do their part to make their children's childhood a memorable one. My sister is going to bring my nephew to watch the High 5 show. HIGH 5! Maybe next week I will fly a kite with my nephew :)

Flying Kite

I think my NTU friends are not that interested in flying kite. They prefer to play mahjong, citadel and bridge instead :)

The wind is very strong today in Buangkok and my eagle flew very high! So exciting. As there was not much wind yesterday, the Sengkang people taught me how to fly a kite but they didnt teach me how to retrieve a flying kite that was 200 m above ground level. It was a battle. The tension is so strong but I am going to buy a 500m string tomorrow. Hope the wind is strong tomorrow so that I can fly a 500 m kite : )

I still remember when I was at the top few levels of Taipei 101, one of the tallest building in the world, something flew past us. Jason, GB and I were debating what it is. I kept insisting that a kite cant fly above a 500m building, trying to show off my knowledge. But on closer look, it was a gigantic kite. I was stunned of course. It will be cool to gain some knowledge to fly a 500m :) Actually at 300m, I am very worried a plane might pass by. Today I played with a small little girl and I passed her my kite. She was very shy and I hope my nephew will like my kite too. I always think of bringing my nephew to play in the playground at pungool park. I better do it before I start working.

Thanks pong for the picture :)


Trying hard to make the kite fly. It seem to tilt sideways :(

Kampong Buangkok and fly kite at Sengkang

So after studying one hr in CFA which I cant concentrate at all, I decided to leave my house at 5.30pm. I cycled around 20 minutes and reached Kampong Buangkok. I realised I always passed by it last time and didnt know that it was smacked one corner. Very Kampong setting and I am almost chased by a small dog and was barked by a huge dog -_- I was quite scared of dogs as I was bitten by a dog so I will stand clear of them at times. But as a Leo, I will act that I am not afraid. Hahaha super like to act cool.

I realised Sengkang people are super friendly. They keep giving me recommendations on how to get a kite and taught me how to fly one. I am like so noob. My string is 300M. Super cool right. Total cost $35 dollars. I think quite worth it as 6 people are going to play it. I hope the wind is strong enough tomorrow. And Sengkang is one of the place to see sunset. Quite romantic.


The myth that they dun lock their doors is true :) They have a gate there which I feel is to keep away those unfriendly dogs. Ok I am biased.
My trustable bike which had clicked more than a few thousand mile I think. Did you realise my seat is super high? A lot of my friends always ask me why I set the seat so high. The reason is that it is easier to cycle with a high seat. Its easier to stand up cycling right :) Anyway last time it was even higher and up to my belly button but that will compromise safety. Imagine falling down and your feet cant really touch the ground. Last time, I was flung out of my bike when I was lazy and use the front brake while travelling down slope.
I looked weird here. My face is so round.
The romantic setting and a kite which a guy was trying to bring it up to the sky.

Weakness

I realize I like to argue with people if that person wants to start an argument with me. Long ago, I always quarrel with Catherine Ng S.H (not my sister)over very small matters. I have the tendency to treat girls better if she is the kind that dun like to argue. And I heeded Xiangling's advice to give in to girls.

Her Golden Rule: Only can argue with Catherine 30% and let Catherine argue 70% of the time. It works wonders. Hahaha.

I started to apply to all the girls I have known and it worked pretty well. The goal is to apply to everyone.. So heed Xiangling's advice is the best.