The year 2008 and 2009 was certainly a year to look back to in our history. It was the “Great Depression” of our generation. Thankfully it was not as worst as we thought. It was and not even close to what they experienced in 1929. Well we can finally look back and say that the worst is over and the economy and the market in general have no other way to go but up. For us value investors who has positioned ourselves right after the crash in 2008, we are somewhat happy that we did take action as early as that time. As Warren Buffett says, “If you wait until you see the robin, spring will already be over,” I’m glad I took some great positions. I wished I could have done more, but I am limited with the amount of money that I can put in. Oh boy, got to wait for another 5 to 10 years for another golden opportunity such as 2008 ! For those of you who have been waiting for spring to come, don’t worry, the robins has not yet come. There are still great bargains out there. The question you … [Read more...]
Warren Buffett’s email address and contact information
I’m surprised to see that Warren Buffett’s email address and contact information is one of the most searched in the internet. As you all know I am a big fan of Warren Buffett. I’ve read all the Warren Buffett books that I can and I have done a lot of research about him. I may even have Warren Buffett’s email address and contact number you know *wink* I am somewhat hesitant **wink wink **to give Warren Buffett’s email address and contact information for the reason that a lot of those seeking to contact him seems to be just asking for donations. Warren Buffett doesn’t want to waste time. Time to him is gold (literally) so I just don’t want to give you his personal email and contact information if you will waste his time. (That is assuming of course that I have it hehehehe) A recent “dinner for charity” with him was worth $2.1 million dollars. (Just imagine how much a minute with him is worth!) However if you have a legitimate business concern with Warren Buffett especially if you want … [Read more...]
15 things that I learned from the 2009 mid-year economic briefing on the Philippine economy
Last July 30, 2009, I announced in my blog that the University of Asia and the Pacific will be holding a mid-year a economic briefing in Cebu on July 31, 2009. I attended the said half day event and was quite happy that I attended said briefing. I learned a lot of things and corrected certain misconceptions that I had. I was also able to gain more knowledge about the Philippine economy. The first lecturer was Dr. Emilio Antonio who was the former dean of the University of Asia and the Pacific school of Economics. He was followed by Dr. Victor Abola a Professor at said University and head of the Strategic Business Economics Program. I’m sure I learned a lot of things and there are lots of things that can be said. However I will just be discussing the top ten very interesting things that I learned in the mid-year economic briefing on the Philippine economy. 1.) Contrary to what the critics say, it is not true that we have not grown as a nation for the past 20 years. The cold … [Read more...]
Mid-year economic briefing on the Philippine economy: In Recess or in Recession?
I just learned from Ronnie Mangubat , one of my batch mates from the Street Strategists Financial literacy seminar Batch 16 that the University of Asia & the Pacific in cooperation with the UA&P Alumni Association will be conducting a “Mid-year economic briefing on the Philippine economy: In Recess or in Recession” This briefing will be somewhat helpful to those who are in business and those who are functioning as business plan consultant since this will give us a glimpse of what we can expect for the next year or so. Although economic briefings are just forecast and sometimes if not most of the times, some economic forecast will be far from what is actual happening, knowing what some economist thinks might be of actual help. If you are also new to exploring the world of business, finance, economics and even the stock market, you might also be interested in listening to this as the more you will be exposed to this kind of stuff, the more you will learn. The event will be … [Read more...]
VOIP . . . The next “hot trend” after the internet ?
It has been said that one way to build wealth is find the next hot trend and introduce innovative products into that trend in order to get a substantial portion of market share just as what Bill Gates did to the Computer operating system, Steve Jobs did to music players and computers in general and what Google did to the search engines. The next big thing to hit after the internet is Voice over Internet Protocol (VOIP). If you do not know what VOIP is, watch this short Youtube clip for a brief introduciton to VOIP. In the July 2006 reprint of the Network Marketing business journal, it stated that a CNN broadcast in March 2005 revealed that “experts predicted that VOIP would surpass 1 Billion in revenues by the year 2010 and take more than 20 % of the market share from the local and long distance phone companies in North America by 2008.” The publication continued that the “Economist Magazine predicts that by 2013 as many as 47 Percent of all callers worldwide will be using … [Read more...]