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Buffett_Groupie

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    Pictures From 2014 MPIC Fund's AGM

    in Fairfax Financial

    Posted

    Correction from Sanjeev:

     

    I have 3 teenage kids and all of them are open for adoption for any value investors.  Well, if you're a true value investor, you already know the financial returns on kids are guaranteed NEGATIVE addition to the stress and anxiety! :-)

     

    Here are my trips:

     

    School: 5X2+4=14

    Swim Practice: 8+10=18

    Math Tutorial: 6

    Piano Lessons: 2

    Malls and friends: 2

     

    Total: 42

    Pictures From 2014 MPIC Fund's AGM

    in Fairfax Financial

    Posted

    Since I'm a jobless retiree now, I have all the time in the world other than driving my teenage kids around for school, swim practice, math tutorial, piano lessons and meeting their friends in the mall for more than 40 trips a week :-(

     

    Why can't they stay home reading Moody's manual all day instead on Facebook and YouTube?

     

    Here is more photos from the events. Enjoy and cheers, have a great weekend, everyone:

     

    http://share.shutterfly.com/share/received/welcome.sfly?fid=be370ac95edffcf4&sid=0AZMnDJw3ct2LJyA

     

     

    Interview Questions for Buffett

    in Berkshire Hathaway

    Posted

    I'm again fortunate to help CCTV interview Buffett during the AGM in Omaha in less than 2 weeks.

     

    Surprisingly, I was asked to come up with new ideas and interesting questions for the interview.  Truth to be told, I've been a copycat all my life without any original and new ideas in everything I do: studying, dating, getting married, starting/running a business, investing, raising kids, winding/shutting down the business and retirement :-(.  As a result, being shameless and resourceful becomes natural to me to get by :-)

     

    Hence, please help me by emailing me at ajcinc@sprynet.com if you have any burning/interesting/creative/original/out-of-the-box questions for Warren.

     

    Your help is very much appreciated!

     

    Here are two questions from me because I'm most stressed out dealing with teenage kids:

     

    1) On giving career advice to kids: you mention people should always do what they love, but how to choose between one's passion and obligations?  That is, a kid may love music or dance, but the reality is the majority of musicians and dancers must take 2nd jobs to supplement their income to make a living.  Many kids dream to be astronauts, but the reality is there isn't enough space programs in the world to keep all the dreamers employed.

     

    2) On teaching kids to work hard: nowadays many kids feel they have no reason to work hard as they don't have a sense of urgency that the world is very competitive.  How can parents inspire them to excel in academics, sports, arts and music by working hard instead of them spending all their spare time on Facebook and Youtube?  Jeremy Lin's a Harvard grad and plays for NBA, that's every parent's dream child (at least, Chinese parent! LOL :-)), but kids don't realize it takes a ton of hard-work, focus, perseverance and luck to do well in anything.  How not to become a tiger parent to inspire kids to work hard?

    Taking a poll of the number of board members going to Omaha

    in Berkshire Hathaway

    Posted

    For those who are attending the AGM, feel free to register at this Sina Finance event at 8pm on Saturday, May 3:

     

    Http://m.weibo.cn/1640337222/3697092922759320/weixin?sourceType=weixin&from=singlemessage&wm=4260_0001&isappinstalled=0

     

    If you don't read Chinese, find a neighbor or a student or a colleague who does to translate it for you, that shouldn't be difficult to find one nowadays! :-)

     

    Last year, Li Lu was there and a senior VP from BYD was there to do a presentation. The panel discussion was in Chinese, with a translator as mayor of Omaha was present.

     

    This year, I volunteer to be the usher at the event.

     

    Hope to see you there!

    Leaving Job

    in General Discussion

    Posted

    Benny:  The advice given is excellent.  I wish my teenage kids can be as open-minded as you to seek advice from this board.  If you look for fairness, be your own boss  :).  Only then will you learn to appreciate the beauty of a steady pay-cheque, paid vacation and benefits!

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