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Showing posts from March, 2015

Something Different ...

there are so many soppy sappy heart wrenching videos on fb, so much so when we look at the screen shot capture, we begin to NOT see them... we think its ppl preying on human weakness to get hits and viewerships ... we numb ourselves, we distant ourselves ... I saw this video, and its a wonderful message, yes achingly sad at the same time but wonderfully crafted ... one sister has cerebral palsy ... we all can dance in our dreams ... be thankful, being empathetic is not human weakness but strength of our soul.

Remember This Guy

When I last visited New York a couple of years back, I read quite a bit on this guy Cory Booker, I even went on air at BFM saying that he will one day be the President of America. This is one of the reasons why ... His sentiments is more a belief and passion, something we all MALAYSIANS must read and re read again and check themselves.

Cory Anthony Booker (born April 27, 1969) is an American politician and the junior United States Senatorfrom New Jersey, in office since 2013. Previously he served as Mayor of Newark from 2006 to 2013. Booker was born in Washington, D.C. and then raised in Harrington Park, New Jersey. He attended Stanford University, where he played college football and received a Bachelor of Arts in political science and a Master of Arts in sociology, before earning a Rhodes Scholarship to attend the University of Oxford. Upon returning home, he received his Juris Doctor from Yale Law School. Booker began his political career as a Newark City Councilor from 1998 to 2002…

My Favourite Posting - LKY = Singapore, What About HK?

Colin said... I wonder then who we eulogise for Hong Kong's success. The Hong Kong jockey club? They didn't have a LKY but they did have a lot of hard working people. If you track the growth of both they were almost mirror images until around 2010 when Singapore decided to emulate Monaco and become a tax haven and gambling centre to boost GDP. That was because Minister's salaries were pegged to GDP and maybe LKY was already fading.
During the BFM interview a couple of years back, there was this question on which was my favourite blog posting. Looking back now, The Missing Legacy  still is my favourite posting other than the other two more recent ones (My Life's Aphorisms and Let The Man Be The Man He Is).

How Can Just 2 Persons Change HK?

I am proudest with my piece on 2 HK gwailos who died within a couple of months in early 2006 of each other. More so when their passing were only mentioned in passing by all HK media. OMG, I am not from HK but at least I know "kacang…

LKY's Living Room

This was Lee Kuan Yew's actual living room. I think most HDB flats have better furnishings and decor than his. It speaks volumes of the priorities of the man. He was not ensnared by the trappings of wealth and hence was not greedy for the dollar. Greed will inevitably result in compromising principles and ideals, which may put him on the path of making "wrong decisions". Someone who lives in this room ... I'd trust him whole-heartedly with public finances and the country's resources, don't you! Hence the room is not so much a reflection of his frugality but a showcase for his definitive values in life.

The Pinnacle Among Great Leaders

I always like to taruh Singapore for its idiosyncracies ... when I say its over controlled, I mean a station like BFM probably would never be allowed to broadcast in Singapore. However, Lee Kuan Yew was a great leader and visionary at that. You can be a master strategist but he can execute them well. I though he was too over powering with opposition members and foreign publications, and that was a big blot in my book.

However, he has done things only very very few could have. Some speculated that he can do so cause Singapore is so small. Think for a moment. For the size and population of Singapore from 1950 till today ... you look at Singapore today, was it ever possible to get from A to B? Given what he had on his plate, he has already exceeded the most optimistic of all predictions for their economy, living standards and competitiveness.

Many younger Singaporeans still do not realise the gravity and breadth of his efforts. Choosing instead to whine and whinge about mundane things.

One …

Must Watch This - Little Big Master

Did not even plan to see this movie but there were a lot of dogs at the pet shop and had to drop my dog off for grooming, so got a couple of hours to kill. Always liked Miriam Yeung and Louis Koo but the synopsis indicated that it was a heartfelt small movie about 5 kids and a kindergarten about to be shut down. Wasn't expecting much but no choice ...

This movie simply was spectacularly written, tight and no nonsense. It was crafted so well that you felt for each character deeply by the time it got only halfway. But boy you do cry ... but those were somehow "good tears", they were tears of empathy, hope,

deep human kindness, all wrapped in a rare level of honesty not seen in most movies.

It has to be the most meaningful movie I have seen for a very very long time. Everyone from 6-106 should watch this. It brings out the best in us, it explores what we all need is to open up and lend a helping hand, and that everyone no matter how small, have their own story to tell.


Further Supply Coming To Dampen Oil Prices

(Bloomberg) -- The next big threat to oil prices isn’t from OPEC or Bakken shale. It’s Russian samovars, or teapots.  Simple refineries that process crude into fuel oil are scaling back, because when oil prices slump, the government reduces the discount that these refiners -- known as teapots to those in the industry -- get for exporting fuel. They use less crude, freeing it up for sale abroad, which in turn adds to the global glut.  Russia may increase oil exports by as much as 250,000 barrels a day this year, according to James Henderson, a senior research fellow at the Oxford Institute for Energy Studies who’s followed the country’s energy industry for more than 20 years. That would equate to 5 percent growth in shipments, the most in at least a decade.  “The pain Russia is feeling from low oil prices has made more crude available for export,” Henderson said by phone March 18. “Quite a few of Russia’s simple refineries could reduce their runs.”  Rising shipments from Russia, which…

Japan Should Be Buying $300 Billion Treasuries

This is a timely article. Yes, Japan looks to be on track to buying another $300bn of Treasuries this year alone. Largely thanks to the almost zero yield on Japanese government bonds. That will further support USD strength and depress the yen. But more importantly, it will actually give room for further QE and may actually delay the raising of rates by Fed, particularly should China follow in Japan's strategy.


Bloomberg - Yields on Japanese debt have been pinned near zero ever since the Bank of Japan embarked on its latest attempt, in April 2013, to end the two decades of stagnation that followed those go-go years. Europe isn’t much of an option, as yields turned negative this year on the region’s own quantitative easing. 

So why the U.S.? For one, with the Federal Reserve poised to raise interest rates, Treasuries offer the highest yields among debt from the world’s most-industrialized economies. Then there’s the dollar, whose meteoric rise against vi…

"The Best Cake In Town" Has A Sibling

I am not even a cake person, heck I am usually the one shying away from ordering desserts at restaurants. 

Hence it will take a lot to convince me to eat a cake, even harder to like it, and even harder to rave about it.

Anyways, in one of my previous posting 3 years ago, I came across a cake that deserved to be called the best cake ever that I have tasted ... its called the La Joconde, or Mona Lisa @ the eccentric Tommy le Baker ...

the Mona Lisa, it is simply possibly the best cake I have ever tasted. Its layered, it may not look like much but its divine. Each of the layers presented different textures to the whole cake and yet somehow each contributed exquisitely to the whole experience. There is the soft cream, the ice cream smooth moose, the delectable rich chocolate holding the whole cake together ... its just a wonderful cake experience. I am not exaggerating if I say this is 10/10 for a cake.

Now there is a cake I had recently …

Obama's Legacy

Despite the impressive stats, some still do not regard Obama's Presidency as successful. Most Republicans want him to be more proactive in dealing with ISIS. Mind you his team did hunt down Osama. Basically Obama's team was righting the wrongs and flagrancy of the Bush administration, and the Greenspan's "oops" easy monetary policy and the never wanting incessant regulatory oversight on OTC instruments such as futures and options. HIs Obamacare got a lot of nasty responses but a lot more people are now covered now, that needed to be, than before.

Well, She Is Really Good ...

Was never a fan of Lady Gaga as I thought she was gimmicky. But her duets with some old foggies on some American songbook list piqued my interest, still I was not converted. Seriously, the highlight of the Oscars, I nearly spewed my drink when she came out to sing, the white dress, long tresses,all very classic ... was waiting for something weird to happen ... but she was just amazing, salute!!! 

Julie Andrews took the stage and formally gave Gaga's performance her stamp of approval. "Dear Lady Gaga," said Andrews, in what might be the most surprisingly endearing line of the night, "thank you for that wonderful tribute. It really warmed my heart, it really did."

Yes Lady Gaga is seriously talented, and I recently caught her piano playing prowess too, amazing. The standing ovation at the end was warm, heartfelt and an acknowledgement of a great talent.

Breakeven Oil Price By Country & Production Types

Over the next couple of months, the production and inventory levels as reported in the USA might see significant drops as the number of US oil rigs has fallen 43% since last October.

In the second half of 2014, oil prices crashed.  Brent crude, the international benchmark, fell from around $110 to a barrel to $60, while West Texas Intermediate crude fell from around $100 to $50.  As the price of oil crashed, many wondered at what price oil projects would no longer be feasible.  This chart. via Citi’s Ed Morse, shows that most major drilling projects are still under their “cash cost” breakeven level, or the absolute minimum price at which a project can maintain operations (if not necessarily make money).  Clearly, there is some pressure in the oil space, as the number of US oil rigs in use has fallen 43% since its peak in October.  The problem yet to be resolved, Morse notes, is that while these projects stay open, and production keeps up, a lack of capacity could push prices lower and event…