Friday, April 29, 2011

What's the difference between East and West?

I found this humorous link that illustrates the culture gap between the East (red color) and West (blue color).


The first picture is "What's trendy" and the second picture is "Child".
 
The third picture is "While waiting in line" and the fourth picture is "Sunday afternoon".

Wednesday, April 27, 2011

Shark Tan Feature: Kevin O'Leary-ISM

For those that haven't noticed, I love Shark Tank! These Sharks depict the real dog-eat-dog world that these business moguls have struggled and survived, and ultimately came out as the Top Dogs.

By far, my favorite quotes have been coming from Kevin O'Leary, a self-made entrepreneur who sold his business to Mattel for $3.7 billion.
  1. Let me tell you something. If you were in one of my business school classes, I would spray you down with water and every time you say "I don't know." I'd hit you with an electric cattle prod. You gotta know this stuff!
  2. I'm going to sneeze I'm allergic to bad ideas. 
  3. My money has its own soul.
  4. Can it make me money? That's all I care about. 
  5. I just love my money too much. I'm out.
Someone should make a book from these memorable quotes!

New Information Regarding Berkshire's Scandal

In my previous post about the Berkshire's scandal, new details have emerged today in WSJ's Deal Journal. David Sokol, the apparent heir of Berkshire Hathaway, suddenly quits his job has raised questions of the situation.


Three key incriminating evidence that the audit committee found are:
  1. Warren Buffet did not know that Sokol bought shares in Lubrizol after Sokol asked bankers to kick off possible acquisition talks. 
  2. Sokol lied to or misled the Berkshire CFO.
  3. Sokol asked Bueffett to strike a paragraph in a press release regarding the impact of the Lubrizol stock purchases.