tag:blogger.com,1999:blog-18183714.post7009607907321552296..comments2024-03-08T20:25:35.963+08:00Comments on Malaysia-Finance Blogspot: Buffett and Yu Make Their Best Investment DecisionSalvadorDalihttp://www.blogger.com/profile/06868577716920232901noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-18183714.post-88400109195009958322010-08-13T00:22:34.328+08:002010-08-13T00:22:34.328+08:00"In a society where capitalism is just 30 yea..."In a society where capitalism is just 30 years old, and charitable giving an even younger concept"<br /><br />is this journalist serious? Chinese merchants have been in business for thousands of years, and Chinese philosophies on philanthrophy stretch back to the time of Confucius and before. And this guy just happily comes along and says the Chinese concept of charitable giving is less than 30 years old. ?!?!?!AAhttps://www.blogger.com/profile/01651483157195257579noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-25290125573112191792010-08-10T00:45:10.790+08:002010-08-10T00:45:10.790+08:00Has anybody heard of the Carnegie spirit or have r...Has anybody heard of the Carnegie spirit or have read Andrew Carnegie's essay entitled The Gospel of Wealth? <br /><br />Do check it out if you have the time. It's about giving.Shaun Leehttps://www.blogger.com/profile/01727135014616173888noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-66296364880785055652010-08-09T16:18:44.024+08:002010-08-09T16:18:44.024+08:00better a charitable giveaway that is "excessi...better a charitable giveaway that is "excessive and unnecessary" than an excessive and unnecessary spending lifestyle. the fella is a credit to the chinese race.ccdevhttps://www.blogger.com/profile/12179604373814061892noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-31398718814848230612010-08-07T14:20:59.125+08:002010-08-07T14:20:59.125+08:00The socially-responsible actions of these people a...The socially-responsible actions of these people at the top of the economic heap are admirable and certainly deserving of applause.<br /><br />Let's take a look at the opposite end of the scale - the story of people at the bottom of the economic heap.<br /><br />It's one humdinger of a story - here's a brief introduction:<br /><br /><br />"Yan Li spent his life tweaking tiny bolts, on a production line, for the gadgets that make our lives zing and bling. He might have pushed a crucial component of the laptop I am writing this article on, or the mobile phone that will interrupt your reading of it. <br /><br />Li was known to the company by his ID number: F3839667. He stood at a whirring line all day, every day, making the same tiny mechanical motion with his wrist, for 20 pence an hour. According to his family, sometimes his shifts lasted for 24 hours; sometimes they stretched to 35. If he had tried to form a free trade union to change these practices, he would have been imprisoned for twelve years. On the night of May 27th, after yet another marathon-shift, Li dropped dead. <br /><br />"Deaths from overwork are so common in Chinese factories [it is estimated that] 600,000 people are killed this way every year, mostly making goods for us."<br /><br />The complete report is found <a href="http://huff.to/cZv37S" rel="nofollow">HERE</a>.Halhttps://www.blogger.com/profile/17571531171451516237noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-79575861186983989532010-08-06T23:21:12.258+08:002010-08-06T23:21:12.258+08:00Many on Forbes richest individuals in the world ar...Many on Forbes richest individuals in the world are from West Asia. What a paradox that Western billionaires are doing more for the poor in thata region than their home grown billionaires. Another major reason why this area will lag East Asia in socio economic development.ronniehttps://www.blogger.com/profile/02874940085203831073noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-1313858399070023442010-08-06T09:36:06.645+08:002010-08-06T09:36:06.645+08:00I think Mr Yu is overdoing it - the total giveaway...I think Mr Yu is overdoing it - the total giveaway is excessive and unnecessary. He should keep certain business assets to generate a continuous stream of income to donate to good causes in his life time. But then perhaps he still controls and runs his charitable foundation personally so his entrepreneurial skills are not lost to society. In Ipoh, Malaysia we have Mr Koon Yew Yin who does his bit for poor bright students in need of scholarships. Such people help affirm there are good people out there. Just not enough to make a major difference.Unknownhttps://www.blogger.com/profile/11319089626621803867noreply@blogger.com