Monday, March 7, 2011

Re-reading old post

I'm revising physics while reading Six Easy Pieces by Richard Feynman, http://www.amazon.com/Six-Easy-Pieces-Essentials-Brilliant/dp/0465023924, if only JC physics could be thought this way.

In the book, Feynman teaches very basic principle - like conservation of energy, and applied it to a wide range of phenomenon. And he also talks about how physics interact with other sciences, or even psychology, simply fascinating.

Today I was talking to an audit senior regarding accounting led incentives, e.g. book sales early if bonus tied to sales, slash much need staff cost to justify 'synergy' in acquisition, etc. Sad that the conversation didn't go anywhere, people at the table simply goes back to what the audit procedures 'should be' and no one discussed why the audit procedures was there in the first place.

Anyway, saw this MV today, very interesting







Somehow i watched this video way more times than i watch "Born this way".

I found a old post in 2008 on a friend's two favorite companies, APPLE and McDonalds.

Let's see how this two companies has performed over the last few years since the post dated Jun 2008. Chart here.

Over the last 2 year plus, Apple returned over a 100%, McDonalds over 24% and S&P a -3.84%.
Guess that buying great companies still works!

For any Buffett stalkers out there, the full transcript of his interview with CNBC is out. See here.

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