Thursday, October 23, 2008

Bird & Fortune on Sub-Prime Crisis

Dear Friends,

Amidst all this doom and gloom news that keep hitting us on a daily basis, we must not forget to breathe. Take a deep breath and breathe. There you go, that was much better wasn't it? If you don't know what that was for, please read the book entitled, "The Importance of Living" by Lin Yutang.

The book was published in 1937 and it exhibits a different perspective of life from a man who is both a Chinese, but lived the Western Culture. A brilliant man, who was born in Shanghai in 1895, Dr. Lin obtained his Master's Degree at Harvard University, and later, his doctorate at University of Leipzig. He was also nominated for a Nobel Prize for Literature for his humanitarian writings.

It is amazing how this man, from China, a country who hardly speaks English, can go so far as to be nominated for a Nobel Prize for LITERATURE, writing in a language that is not his native tongue. What is even more amazing, are his ideas and unique wit and perspective of life that compares the cultures of Western and Chinese societies.

In a nutshell, for those of you who do not want to spend your precious time meditating on this special intellectual's thoughts, I give you his message in two sentences, in my own words, not his :-
  • Take time off to smell the roses; enjoy life at a pace that is eternal.
  • A few Laughs a Day, keeps the Doctor Away.

Of course, in these modern times, one should never forget the rich, aromatic experience of Starbucks Coffee, as you take your first sniff, and then, your first sip. That, my friends, to me, is life at a pace that is eternal. Hahaha, nope Starbucks didn't pay me for that advertisement.

With this in mind, I share with you a witty video clip which is on the lighter side, which was brought to my attention by my good friend, Victor, which, according to him, was shown on 2nd May, 2008, in a Berkshire Hathaway meeting.

I'm sure all of you know Berkshire Hathaway, but just in case, you don't, let it be said that Berkshire Hathaway is the flagship investment company of Warren Buffett, the richest man in the world today, and one of the few billionaires with billions of dollars to buy anything worth buying, including Goldman Sachs.

Well, if it's good enough for Mr. Warren Buffett, it sure is good enough for me. Haha. Enjoy!

Best wishes,

Ooi

2 comments:

Anonymous said...

they made it sound so simple :)

was he being sarcastic when he said that the gov should bail them out?

Seems to me that these are the two options;

- don't do anything and get hurt real bad

- print money and face hyperinflation

is there no way out?

-aaron

Praesciens said...

Dear Aaron,

Yes, he was. This video is a witty satire, i.e. making fun at the whole banking crisis situation. This is not a real interview but a comedy. :)

Best wishes,

Ooi