Invest in boring company

In this generally stagnant global economy growth ahead, not every business will fall into difficult situation. Some companies will continue to earn a lot of money. I see those companies fall into quite boring company. They have stable and huge margin of positive free cash flow, huge margin of earning, stable and slow growth of revenue, low debt burden.

Those companies will gain pretty much attention in difficult time and have high valuation ultimately.

人若不用脑想东西，是会变笨的

以下是说我自己。
人若不用脑想东西，是会变笨的。
不管你读多少，若照单全收，也只是人云亦云罢了。
学不贵多，多想想吧！

为了生存而不得不演的戏

当生存被视为必然现象，学习就变成兴趣使然。可有可无，很容易就敷衍了事。当生存是必须认真守护时，破釜沉舟下，学习就变成必需。不继续学习，就无法生存，即使是你没兴趣，或不愿学的那一块。

事实上，差不多每个人都为生存奋斗着。
为了继续活着，为了保住工作，为了家庭，为了面子，为了稳定的将来。每个人为了生存，都使尽浑身解数，
勤力的就把工作做好，做多一点，但可能只会默默贡献。
懒惰的扮勤劳，偷工减料的也把工作做完。演演戏找借口偷懒。
爱表现的喜欢在老板面前檫鞋，下属或同事面前扮威风，为的是什么？为的是得到老板的赏识，力争上游。
爱说是非的，总是道听途说，让不好的谣言到处飞，讲的都是别人，以显示自己高贵。
爱面子的千万别去招惹，因为他们即使非常痛苦，压抑，也会强逼自己把答应的事做完。精神紧绷得很。
怕输的嫉妒心重，怕死的不敢承担，怕事的天天打着熟练的太极。

人是反反覆覆的，有时勤力，有时懒惰，有时想表现，有时多说些，等等，还会受情绪左右。我想说的是，每个人的生存方程式各不同。
其实，大家都在演自己的戏。一起融合在大家庭里，就变成大家共同的戏了。为了生存，试问我们如何可以为了想自命清高而不陪着大家演下去呢？

Change is constant.

The only things that never change in this world is change. Change is constant. Especially in today's world where 3 years might equal to 30 years in the past. Company that see other change but do nothing will fail. company that follow the trend, will struggle to survive because of competition. Only company that make changes or lead changes will thrive.

Doing business is like sailing in a sea. There are huge wave and danger hiding all around. I use this example because we can easily see the things that we need to sail safely across.
We need a big and solid ship and complete equipments. Those are our business model and our business core competency.
We need great leader that is focus who can to steer us through in calm and danger situation.
We need a team of sailers and people that have the same goal as the leader.

Always,
Equip yourself, plan ahead, if anything happen beyond your expectation, make changes and build on strength.
Be persevere and focus. don't give up easily.
Prudent and know what you are doing.

Although change is constant, we need to be calm to be able to see the changes.

Macao and gambling

Been to Macao, I feel very uneasy with gambling business.
I really feel it's a sinful place. There are so many casinos and every hotels has it. They give promotion paper to tourist like crazy. A lot of tourists just throw to dustbin. 1st is the very waste of paper. How many trees has to be chopped down because of these casino promotion materials encouraging gambling activities. 2nd, each casino provides free bus shuttle transports you to their casino for gambling. How many petroleum reserve has to be used to promote gambling.

Every casino built up into very high class feeling for those gamblers to feel that they are very rich. They use a lot of gold color, crystal, metallic silver color. Each building design is extensively spectacular. You can even see vienna inside the casino. I feel the every casino design is monster, purposely making you cannot leave the casino. It's easily lost inside. It's so beautiful as you will not notice what time it is now. 24 hours operating.

When you manage to leave casino, there are so many luxurious shops around casino. If you are not lose in casino, Macao will make sure you lose it whether in luxurious shop, or for night services outside.

Although I can see that gambling is a very profitable business, but from now on, I will not invest in gambling business.

I personally feel genuinely Macao culture is ruined by casino, don't talk about their economy is mainly supported by casino.
I don't like Macao.....

Property price

Property price is related to supply and demand. People rushing to buy because
1st the economy is good or people expect it to be getting better.
2nd is the demography, local or lots of foreigner come and live here.
3rd is the low interest rate, low rate tends to boast economy growth but too low tends to invite speculation and cause volatility in property price.

But long term, it's the opportunities that count. Opportunity will invite investment and draw in foreigner, as more money circulate in the country, people become richer. Here we don't count the disparity of income. But ultimately, demand will boast up all price, from salary to property.

I suggest that for long terms, property price will continue to rise in those cities like shanghai, Beijing, hongkong, Penang too.

The sequence

If you are employed by others, you have to pay tax to government before you can pay yourself.
If you have your own company, you can pay yourself first before paying tax to government.
This is a major factor why the rich get richer and the poor remain or worse.

After getting salary,
You can spend first before saving, or, Save first before spending.
First one either you end up no saving, or become to stingy and scare to spend.
Second one you will know at least how much you can save, and the extra that left after spend is bonus.