Posts

"Expensive" share?

Sometime back, I overheard this conversation: Jane: Oh, this share's price is now $32. Should I sell it? John: How much did you buy it for? Jane: Think it was $18. John: Wah better sell. It's expensive now. Jane: Really? I'm reluctant. Moreover, it provides dividends. John: Better sell. Interesting. I was tempted to ask John how did he conclude that the share now is "expensive"? If, for example, during this run up of share price (probably 4-5 years) the company has increased its earnings in similar fashion, is its share price still considered expensive? This points to analysis of its Price-Earning Ratio (P/E ratio). Moreover, this particular company enjoys a degree of dominance in the market it is in and has been doing so for decades already. It has wide economic moat. It has not been embroiled in any major failings. This points to fundamental analysis. Is it really wise to sell its share? To be honest, I can't answer that from a short-term tr...

Tar Chong Mix Rice Restaurant

Recently, we discovered that there's Sukiya (the one that serves gyudon; not the buffet restaurant) at Uptown (Damansara Utama) and so one day, Ban wanted to go there for dinner (rather than our usual choice at Kota Damansara). We were lucky to get a car park spot nearby. That was when we spotted this mix rice restaurant that was just a few shops away from Sukiya. We decided to check it out. We were impressed by the variety of dishes (about 84 by my rough estimation). In fact, Ban changed his mind and wanted to eat there (probably because he didn't have chap fan for lunch that day). I had 1 serving of chicken and 2 serving of vegetables. At RM 5.50, it was probably a little expensive (maybe by 50 cents) but the food was quite good. Ban had 1 meat, 1 egg and 1 veg, costing RM 6.20. Drinks were definitely expensive: chrysanthemum tea RM 1.70, can of Coca-Cola RM 2.50. About 15 mins later, there were many more customers. Great that they had good business. We probably will ...

Indulge

Recently, I heard this story from a friend. His brother, mother and 94-year old grandfather were in the Curve one day and they had rented a one-seater electric buggy for his grandfather to use (normally they'll bring him around in a pushchair). This buggy had a normal and a slow speed and he chose the former speed. You know how common it is for shopping centres to have ad hoc booths or displays along their (wide) walkway or in their concourse? His grandfather drove straight into one of those displays and knocking over some items! Luckily those items were not fragile items. So what did he do? Did he like "ooops", apologise and perhaps reverse? Nope, he said something along the line of "Who on earth put these things here?" and just went forward and knocking over even more items, while his family members were frantically putting those things back.  I laughed when I heard this while Ban face-palmed his forehead :) Well, when you get that old, not...

Just-world hypothesis

The belief in a just world can, when taken to an extreme, result in very harmful and dehumanizing doctrines. Consider its logical end point in the statement of an official in the U.S. Department of Education in the early 1980s that disabled individuals "falsely assume that the lottery of life has penalized them at random. This is not so. Nothing comes to an individual that he has not, at some point in his development, summoned....As unfair as it may seem, a person's external circumstances do fit his level of inner spiritual development" (Gilovich, 1991, p. 143). As Gilovich went on to note, "This is not exactly the philosophy that one would want in the upper reaches of the Department of Education, the department that is responsible for overseeing educational opportunities for the handicapped" (pp. 143-144) - but it is the philosophy that invariably results if we refuse to attribute any outcomes to chance. - "How To Think Straight About Psychology", ...

Coliseum @Plaza33

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It's been quite sometime since I last did "try new food each week". One reason is that there weren't any Groupon or Living Social vouchers that offer suitable food for Ban and me i.e. collectively we cannot have spicy, fried or oily food. Another reason is that we have tried whatever restaurants (subject to the criteria in previous sentence) that we came across in our usual haunts. So by a twist of fate (actually it was due to turning into the wrong carpark hahaha) and hunger, we found ourselves at Coliseum at Plaza33. When he was young, Ban ate at its original branch in KL (an old shophouse that was "oily" and "dirty"). Well, unlike the original, this branch was clean and was quite pleasing to the eyes: It was bright, clean and spacious. I ordered the Breaded Chicken Chop (RM 23.90). The fries were a little soggy. The salad was fresh and of a variety of vegetables. The sauteed mix vegetables (underneath the meat) w...

Dell-ing for repair

One fine day, the button 'a' of my Dell laptop stopped working properly. I tried typing a whole paragraph from a news article and all the 'a's' were missing half of the time. I was a little dismayed and my friend was surprised that it was broken although the laptop was only 8 months old. So, it was my first time calling Dell for help, as my laptop is still under warranty (paid extra to extend it to 3 years). The customer service officer asked me whether it was only the button 'a' that was spoiled, which fortunately was the case. She then promptly assigned a technician/engineer to come over the next day to fix it. Wahhhhh. However, the next day, my phone rang only for 2 seconds before the caller hang up. I tried calling back but then his line was busy. I was a little surprised that he didn't call back. Now, let me briefly say something about some phones, including mine: the caller may be calling for, say, 6 seconds but on my end, it just rings for 2...

Transformers: The Age of Extinction

Warning: Some spoilers ahead. "Some mysteries are not meant to be solved," (or something like that) was one of the last few sentences uttered by Optimus Prime at the end of the movie. Oh yes, how apt was that...especially since there quite a few 'mysteries' in the movie itself. I consider myself to be average when it comes to detecting plot holes in movies/stories. Hence, detecting some would mean how obvious those holes are. The first "huh?" moment came when Optimus and his comrades grouped up with the humans in Hong Kong, who were trying to deter the bad guys from getting hold of the 'bomb'. He stated it was important that the humans get the bomb across the bridge. The obvious thing to do (at that time) was for the Autobots (and, their allies, the Dinobots) to either take the bomb or escort the humans out of danger, right? Nope. Optimus asked the humans to drive a normal beat-up vehicle by themselves @@ Later, there was an even big...