Prospect Theory

LBO
9:38:12 PM beyoni: wei u know anthing about LBO?
9:40:28 PM Cheung: leveraged buy out law
9:40:35 PM beyoni: hai ar = = ”
9:40:37 PM beyoni: thanks wor.

9:38:35 PM beyoni: wt kind of industry/company u think is attractive?
9:39:25 PM littleyih: areospace exploring company
9:39:40 PM beyoni: y = =
9:40:02 PM littleyih: because there is no way this company wont make money eventually
9:40:12 PM beyoni: but its very uncertain bor
9:40:17 PM beyoni: R&D needs a lot of money
9:40:27 PM beyoni: the return of such investment is very uncertain
9:40:55 PM littleyih: no lor how can u live without progress in outer space ne
9:41:22 PM beyoni: ok..
9:41:24 PM beyoni: thank you~
9:42:09 PM beyoni: really
9:42:13 PM beyoni: i would invest in clean energy
9:42:18 PM beyoni: coz one day all oil will use up
9:42:22 PM littleyih: that’s the same thing ya
9:42:26 PM littleyih: i would consider that too
9:42:38 PM littleyih: but ultimately every resource would be used
9:42:45 PM littleyih: so if ur is long run
9:42:46 PM beyoni: no la
9:42:51 PM littleyih: mine is long long long run
9:42:51 PM beyoni: clean energy = wind energy ar
9:42:54 PM beyoni: solar energy ar
9:43:06 PM littleyih: solar energy is not like infinity too = =
9:43:14 PM littleyih: one day the sun will die
9:43:25 PM beyoni: by the time sun die
9:43:28 PM beyoni: there will no human
9:43:32 PM littleyih: hahahaha
9:43:32 PM beyoni: no NASDAQ and stock market la
9:43:37 PM beyoni: -_-
9:43:49 PM littleyih: be faithful

Professor Ch.

I truly blushed o> <o when I got this email from Pearson Education..
since when I am added to their Economics Professor mailing list? :3

Health.
recently i faint more frequently than usual … it has been around for 3 years.
so I finally decided to tell my parents about it and did blood testing with MIT medical.
Responses I got:
Dad: “不懂平衝自己生活的人..I pointed out before:self and time management是自發的,無得教,請自重”
Dad:“”世事無絕對只有眞情趣”
xg: “i think if u can bear the consequence then it’s ok, but i think ur body is somehow telling u u cant”

How to determine your specialty? What are you good at?
I never know what I am good at…I am those 周身刀無張利 type of “generalist”
“Will you ask your math major friend to help you with your maths homework?
Will you ask a lawyer friend to help proofread your essay?
Will you ask a medicine student about your health problem?”
what kind of questions you got asked always?
that’s exactly what makes you special/valuable!!
How about you? What do you get asked/頼まれる frequently?

Decision Frame.
just did an interesting experiment in class on decision framing effect! in the case below, Program A, B = Program C,D but the wording is a bit different…try it!! :)

Imagine that the U.S. is preparing for the outbreak of an unusual Asian (Why asian?!)  disease, which is expected to kill 600 people. Two alternative programs to combat the disease have been proposed. Assume the exact scientific estimate of the consequences of the programs are as follows.”

The first group of participants were presented with a choice between programs:

  • Program A: “200 people will be saved”
  • Program B: “there is a one-third probability that 600 people will be saved, and a two-thirds probability that no people will be saved”

(I myself chose A too) 72 percent of participants preferred program A

The second group of participants were presented with the choice between:

  • Program C: “400 people will die”
  • Program D: “there is a one-third probability that nobody will die, and a two-third probability that 600 people will die”

In this decision frame, only 22% prefer Program C ..which is actually Program A

Bostonian –Lobster Collection

my bro’s two cents:
12:29:51 AM Cheung: try to read this everyday until u work
12:29:52 AM Cheung: http://www.hket.com
12:30:04 AM beyoni: okk
2:16:59 AM beyoni: so do u just read the headlines for hket?
2:21:14 AM Cheung: i dun read XDD
2:21:20 AM beyoni: YEEEEE

“I never said that I was a role model” -Natalie Portman

__________________________________________
speculation-achievement of the day:

sold this at 9.65 today!!! so proud! ^_____^
__________________________________________
Lobster collection:
a Boston-Lobster-meal is a must-do item for people visiting Boston…
As a host for so many times…let’s see how many lobsters i could find in my facebook albums XDD

1. Legal Seafood, April 3, 2011

2. Dolphin Seafood, Harvard, Dec 2010

3. Malden, Birthday 2010

4. Cafe de Lulu, Nov 2010

5. Legal Seafood at Aquarium, March 26, 2010


6. Birthday 2008

-the end-

now back to work XD

Soft Power

Determine Your Interest.
b3y0ni:

i just went to a talk
the speaker said how to determine ur interest?
go to google news and see wht kind of news naturally catch your attention first
then that’s wt u really like
XXXX:
I usually first go to read 周秀娜, 浸大e神, or 3D玉圃團 @_@
b3y0ni:
…….-_________-

Lexiconic Deja vu.
新學的辭彙後,通常很快又會再出現。
CSR, sanity check, soft-power, ame-changer, whatnot

Acronyms and abbreviations.
年紀越大,生活裡的acronyms就越來越多。
這三年來學到的acronyms一定過幾百個。
“this guy is going to CS NY S&T…noo i thought is HK MS IBD in ICC??”
“its EBITA in Q4 totally beats forecast!!”
“I’m Doctor Sheldon Cooper, BS, MS, MA, PhD and SCD….. OMG, right?”

我覺得呢個人相當有鹽疑

“I don’t know if we each have a destiny, or if we’re all just floating around accidental-like on a breeze, but I, I think maybe it’s both. Maybe both is happening at the same time.” – Forrest Gump

Back in high school, when i saw those “人生策略顧問” title on a crappy business card,
or self-help books like “how to make a billion by 20 years old”, “how to say NO”, “how to lead a successful life”,” how to make friends effectively”. etc., I used to think they were all useless BS coz:
(1)  Sir, what kind of authority or superb expertise do you have to plan my future?
(2) if they are so good with their life making billions by 20, why do they have to publish books to make a living at all?
(3) there is no single definite universal rule for such problems
(4) most survival skills could only be gained by real-life first-hand experience..and it really varies by situations and your personality

recently after subscribing to Weibo (the chinese twitter),
I realized that words of wisdom r not limited to ‘credible’ sources like 李開復 or professionals
many BS-like short tweets  in Weibo r quite inspiring…some selections:

【写给自己的5句话】
1、再难也要坚持。
2、再好也要淡泊。
3、再差也要自信。
4、再多也要节省。
5、再冷也要热情

【青年人的五大忠告】 :1、社会不公是客观存在,不要想着去改造它而要适应它。2、社会只在意你的成就而不是你的自尊,你越强调自尊,成功的路就越窄。3、社会的每一个地方都要分等排名。4、陷入困境时不要抱怨而要默默地吸取教训重新奋起。5、不要在背后批评别人,尤其不能说老板无能无知。

Three things in life when gone never come back: time, opportunity, and words. 人生有三样东西不可挽回:时间,机遇,以及说出去的话。

In order to succeed, your desire for success should be greater than your fear of failure!——为了赢得成功,你对成功的欲望必须超过你对失败的恐惧。 (<–that’s exactly why the nuclear plant heroes could say proudly that they are not afraid of death…its just that their courage has overcome their fear!)

三大遗憾:不会选择;不坚持选择;不断地选择。   人生的三大悲哀,遇良师不学,遇良友不交,遇良机不握 .

and my recent random favorite..XD

Salt and God

今天有位人兄對我說:“香港這種地方不能去(工作),沒前途“
說真的,就算是埃賽俄比亞,只要是我的父母家人在那裡,我一定會回去。
更何妨香港是福地?

唯一令人擔心的是,近年香港的社會風氣的確越來越荒誕畸形。
沒有體諒,亦失去了基本禮貌尊重,
像議員一樣一味罵人,像政府一樣推卸責任。
這個貧富懸殊世界第一的社會,永遠充斥著 有理無理的仇恨。
這真是養育孩子的最好地方嗎?
(有d form 3 作文feel XD)

spring break!!  :D

1. line up for iPad
2. “21” gambling team to Foxwood
3. Sakura blossom trip to Washington DC
4. haircut !
5. sleep all day

term projects!
1. Project Evaluation Term Project – Feasibility study of the Bering Strait Crossing
2. Japanese 6 Term Project – どうして日本の首相が変わり過ぎだか。
又開始要看到同輩的大學畢業照片啦!