Tuesday, May 31, 2022

Calibrate and get your equilibrium right

 

Photo by Piret Ilver on Unsplash

Dear Readers,

Thank you for coming here!

 

My new job has been tough.

While there might be many reasons, my capability is no doubt the major contributing factor. This includes thinking, structuring, execution, managing as well as underlining confidence.

However, I have been arrogant for so long, believing I can do anything given the opportunity.

When I tried to think back to identify the root cause, I could only come out with one thing:

I have been in a lenient environment for too long and I just need to re-calibrate

Photo by John Arano on Unsplash

For the past many years, life has been gentle to me for the most part. So I thought I was doing great. 

When environment changed and I was put among a different group of people, that was when illusion met reality.

So I just need to do three things:

  1. No more illusions.
  2. Re-calibrate and know my position
  3. Keep on improving

Till next time!

Sunday, May 29, 2022

Thursday, May 26, 2022

No one really gets away from anything

 

Dear Readers,

Thank you for coming here!


What goes around comes around. No one really gets away from anything.

Any shortcut taken will be repaid with more work and stress later in life.

Any lessons skipped will be made up with more time and efforts later in life.

Any changes taken will burden us with more opportunities lost later in life.

And trust me:

We would want to take that work and stress, time and efforts when we are still young.

And we do not want to miss the opportunity we have been waiting and preparing for, just because we took some changes earlier.

At the end of the day, only good and solid work pays off.

To us all!

 

Till next time!

Tuesday, May 24, 2022

Monthly Net-Worth Update — May 2022

 

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Dear Readers,

Thank you for coming here!

 

It is the magic May and it seems to be another "Sell in May and Walk Away".

 

Below is the summary of our Net-worth.

 

Net-Worth increase from last month: -13K SGD, 0.57KG Gold

The drop of Net-Worth this month is half from stock market drop and half from depreciation of SGD vs RMB, which means my RMB portfolio is worth even less.

As for Gold, the price dropped quite a lot so our net-worth in terms of Gold actually increased.

Photo by Tezos on Unsplash

Investment: -16.8% annualized return, incl. dividend

The record has been broken yet again, both in terms of return rate and definitely in terms of absolute value.

So lots of hard work ahead for me to make up for the losses.

 

Till next time!

Sunday, May 22, 2022

My Market Transactions — Wk20 2022

 

Photo by Micheile Henderson on Unsplash

 

Dear Readers,

Thank you for coming here!


Transaction for past week: Nil

 

But I am watching the IWDA closely.


Have a great week!!!


Till next time!

Thursday, May 19, 2022

Dreaming

Photo by Илья Мельниченко on Unsplash

 

Dear Readers,

Thank you for coming here!


I used to day-dream a lot.

I would be so deep into my day-dream that I would completely disconnect with the real world.

Sometimes, in school, I would start day dreaming in English lessons and wake up seeing math teacher on the stage…

The things I dreamed about were usually me achieving something impossible after hard work, me helping people around me or me saving the world.

I guess this happens to most kids.

But it was a problem for me because I appeared to do this to a much higher extend. And it affected my focus.

For example, I would miss a big part of the lessons and have to catch up afterwards.

I consciously fought it and fought it hard.

Fast-forwarding to today, I rarely day-dream.

Maybe I can claim victory in the war against day-dream.

However, in my job where thinking is a big part of the scope and being able to visualize success from the beginning is valued, I found it challenging to think right.

I cannot help wondering whether the victory contributed in some way.

Maybe I focused too much on winning the war and consciously suppressed some attributes that were potentially more valuable in the long term.

Photo by Greg Rakozy on Unsplash

I think day-dreaming should be done more.

Visualizing success before it happens does motivate me.

And it does reveal some insights sometimes.

It makes me realize the areas I miss or potential risks I do not predict.

And it tells me a lot about myself — what kind of victory I want, which part of the victory really excites me etc…

The challenge is to keep it on the thing we are doing now.

 

Till next time!

Tuesday, May 17, 2022

Property: Location is still everything?

Dear Readers,

Thank you for coming here!

 

I discussed in this blog why location is important for property and why it might not be so important any more given the new circumstances.

It seems that I am not the only one to think that.

Below LianHeZaoBao articles gives more reasoning and details.


Till next time!

Photo by Greg Rivers on Unsplash




Sunday, May 15, 2022

My Market Transactions — Wk19 2022

 

 

 

Photo by Micheile Henderson on Unsplash

 

Dear Readers,

Thank you for coming here!


Transaction for past week: Nil

 

But I did come across a good blog on investment. He/She is definitely doing much better than I am. If you come here for investment inspirations, maybe pay a visit at below link.

http://buyaftercrash.blogspot.com/


Have a great week!!!


Till next time!




Thursday, May 12, 2022

One career tip after so long

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Dear Readers,

Thank you for coming here!


It has been so long since I wrote about any career tips.

Here is one:

  • Do Not Wait — if we have some ideas or plans, just put it in a presentable form and share it. This avoids looking lagging behind. Also it pushes our own thinking

How I got it?

From painful experiences. 

In career or any other situations, we want to be a step ahead.

While “Do Not Wait” wont guarantee it, it would go a long way if we apply it in every situation.



Tuesday, May 10, 2022

What to learn from Japan in 1945?

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Dear Readers,

Thank you for coming here!

 

Japan started the war against US, gambling on a quick victory based on many unrealistic assumptions.

  • Japan would destroy the US pacific fleet by surprise and dominate the pacific ocean, threatening west coast of US
  • Americans, spoiled by materialism, would not have the determination to make the sacrifices needed to win the war, be it suffering under the threat of war or sending their sons to die in brutal battles
  • The democracy of US would see the people forcing the government to sue for peace with Japan, in case the government would want to fight

Therefore, long before 1945, when the Americans showed their determination to stop at nothing short of Japan’s “unconditional surrender”, the fate of Japan was doomed.

To me, that point was as early as Doolittle’s bombing raid of Tokyo, merely 4 months after Pearl Harbor.

The Japanese realized that as well, especially at the top.

However, Japan was so slow in their reactions.

The “peace” or “negotiation” process started so late and was done only half “officially”. To the last minute when the Soviets declared war on them, they were still hoping Russia could help them get a peace deal.

While the reasons were many and very very complicated, one undeniable fact was that they did not realize or were not willing to accept that they had lost the war totally.

They wished to keep their overseas colonies and maintain their influence in their “Pesperous Circle” etc etc.

But they had no leverage against the US. “Unconditional surrender” was the only way out.

So Japan dragged on, each day suffering more losses until they became the only country on earth that was attached by A-bombs.

Photo by Tianshu Liu on Unsplash

But once they surrendered, their obedience totally surprised the occupying force.

In such a populated country, from east to west, from south to north, no one even fired a single shot at the occupying force. 

But merely 3–4 weeks ago, the Japanese were still preparing to fight the invaders with bamboo spears and kitchen knives.

Now they greeted the occupiers as distinguished guests, with bows and smiles.

Photo by Jase Bloor on Unsplash

Therefore,

  • Always check the reality — where are we really?
  • Adaptability is a virtue.

 

Till next time!

Sunday, May 8, 2022

Thursday, May 5, 2022

How powerful was USA in 1945

Photo by Lacie Slezak on Unsplash

 

Dear Readers,

Thank you for coming there!


No doubt USA was very powerful towards the end of the WWII. 

But I read below from the “Pacific War Trilogy” that really made me understand how powerful they actually were at that time.

The USA had the happy problem that they were producing more fighters and bombers than they could consume, while every other country in the war was trying everything to produce enough.

So there was a strict restriction to limit the number of aircrafts in the Navy to 33k.

And the rule was that only the latest model would be sent to the front line. The rest will be kept for educational purpose or target practice.

In the pacific, if a plane needed some minor maintenance, it would be dragged out and disposed. And shinny new planes would come and take its place.

Several hundred planes were flown to some remote islands and left there for target practices.

Slightly damaged planes on the carriers were pushed overboard to the sea.

….

Photo by Philip Brown on Unsplash

This was at the peak of the war. US Army and Navy disposed hundreds of perfectly working planes。

And not to forget that this was just the US Army and Navy, not counting the carriers, ships, planes and tons of other supplies they gave or lent to other allied forces, e.g. Britain.

On the contrary, Japanese was struggling to keep their production line running, let alone producing enough replacement for their losses in war.

And for China, the air-force had no more than 300 old planes in total which were quickly destroyed in the beginning of the war.

Well, the USA was the number 1 super power in the world back then.

 

Till next time!

Tuesday, May 3, 2022

Indifference — Another Incredible Thing in War

Photo by Ан Нет on Unsplash

 

Dear Readers,

Thank you for coming here!


I am happy to announce that I have completed the “Pacific War Trilogy”. I initially planned to complete by H1 this year. So that is two months ahead of schedule.

There are still many observations/thoughts from reading this book I would like to share with you. And that is what I am going to write for the next few entries.

In this blog, I would like to share with you how indifferent people can be towards things that other people’s lives depend on.

Photo by Curtis Reese on Unsplash

During Pacific War, US submarines carried out various missions to contribute to the winning of the war, including recon, tracking enemy fleet, transporting personnel and supplies, searching and rescuing downed pilots etc etc. 

Among them all, the mission that contributed the most to the war was attacking the transport fleet of the Japanese, cutting the supply lines of Japanese: shipping crude oil from South pacific to Japan and then troops and weapons and ammunition and refined fuel from Japan to various battle fields.

The consequence was that the economy of Japan collapsed due to lack of fuel and raw material and the navy was pretty much trapped inside the harbor due to lack of fuel. 

Needless to say, this contributed greatly to the victory.

Photo by Taylor Peake on Unsplash

However, this was not easy. 

US submarines had to sneak into dangerous waters, deal with threat from enemy cruisers, and, last but not least, ineffective and dangerous torpedo fired by their very sub.

During the initial part of the war, US torpedo had three problems:

  1. They move at 10 inch lower than their design depth
  2. They do not detonate or detonate randomly. Many times, crew of the sub had to watch their target move away unharmed in total disappointment, after they had risked their lives to get into position and launch the attack.
  3. Their moving path is unpredictable, and worse, they could move in a circle and come right at the sub that fired it. There were two confirmed cases where the sub was destroyed by the torpedo they fired, including a “star” performer who scored record number of hits. “Confirmed” means crew of the destroyed subs survived to tell the story. We can only imagine how many more did not have any survivors.

It was estimated that the effectiveness of US subs were reduced by 50% due to torpedo problem.

Photo by Nick Wood on Unsplash

However, despite the numerous report of problems, the people who designed the torpedo refused to acknowledge it. They refused to do any tests to either prove or disprove the reports. Instead, they blamed the crews for not using the weapon properly and failing to take good care of it. 

Navy had to conduct their own tests and escalate through their ranks, just to make the problems acknowledged.

And when the new generation of torpedo, which is more reliable, faster, quieter and harder to be observed by target, was being tested, the same group of people refused to give any support.

Photo by Kido Dong on Unsplash

It amazes me how indifferent these people were during the war.

First of all, the torpedo should have been tested properly before being shipped to battlefield. As a result, sailors had to risk their lives to launch those ineffective torpedo towards enemy target. 

Secondly, after numerous reports, they could have conducted some tests to confirm the existence or non-existence of the problems. Instead, they just denied.

Lastly, when the new generation of torpedo was to replace their inferior products, they refused to give any support.

This could have played out very differently.

If the problems were corrected earlier, fewer sailors would need to die. Maybe the war can be won a bit earlier and many lives would have been saved.

But, those people who created the torpedo, they did not care about the lives of the seaman who were fighting the war. They did not care whether the war was won or not…

This is so incredible, especially when the whole country was making sacrifices to support the war.

Photo by Kelly Sikkema on Unsplash

If that could happen during the war, it could only be more common in peace. Maybe we are suffering from some indifferent people. Maybe some people are suffering because we are indifferent.

But what goes around comes around. Do our job and be responsible, no matter what others do.

 

Till next time!

Sunday, May 1, 2022