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Monthly Archives: February 2013
Another Book on Decision Making
Daniel Kahneman’s book, Thinking, Fast and Slow, mentioned Gary Klein, particularly on their opposite approaches to decision making. At the end, they “agreed on their disagreement” and accepted that there are two different approaches to better decision making skills. Klein … Continue reading
Garlicky Memories
Decades ago, I was in a military exercise during the hot summer of mid-Taiwan. We drove by this garlic field and attempted to find a bargain. This old guy, wrinkled as a life-long farmer, looked at these 4 soldiers in … Continue reading
Posted in Witness to my life
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A Fool Proof Get Rich Scheme
Do you know 5 year Treasure Bill from the US has the yield of less than 1%? Yes, they are really cheap. Do you know the equivalent from China has the yield of about 6%! So, borrow money at the … Continue reading
Posted in China, Get Rich in China
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Infrastructure and Education
January 27, 2013 I was watching CNN’s Your Money this Sunday (channel flipping between Tiger Woods). Ali Velshi’s panel, as a rare event, all agreed on what the US government should do: investing on infrastructure and education right now. Other … Continue reading
Irrational Decisions
Two envelopes presented in front of you. Envelop A has a raffle ticket that guarantees 95% probability of winning $1 million. Envelop B has a cashier check of amount X. How much of the X will make you choose the … Continue reading
Posted in Books & Reviews, Witness to my life
Tagged 978-0374275631, Daniel Kahneman, Thinking Fast and Slow
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Two Kinds of Breads
December, 2012 Another trip to Asia, this time with many early meetings: ungodly early like 3am and 5am. I have no problem waking up, but I got hungry. The city (or even room services) would not be awaken by then. … Continue reading
Posted in Witness to my life
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