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Monthly Archives: January 2011
Is Gambling a Sort of Investment and Investment a Sort of Gambling
Barely two months ago in November 2010, there were lots of sound and fury over the huge and continually mounting prize pot of lotto in the Philippines. The hype was building up by the day as the grand lotto prize crossed the half-billion peso mark. I wanted to write about it then but unfortunately, there were higher things in my pecking order. Now I think the time has come to say something about this issue of gambling: whether gambling can be considered investment of sorts. Or whether investment can be considered gambling.
Posted in General
Tagged adequate return, Albanian episode, Benjamin Graham, Manny Pacquiao, One Up on Wall Street, Peter Lynch, Ponzi-like bubble, protection of principal, risking of money or valuables on the outcome of a game, Security Analysis, The Curse of the Pyramids, value investing
10 Comments
The Drudgery of the Numbers Will Set You Free
After our bold foray into the realm of government policy in the last few postings, it’s time we get back to brass tacks. For this post, we tackle something related to the 8th Habit as mentioned in the article “The Eight Habits of Investment Literate People”. I feel I owe it to the readers to elaborate further on the last habit, i.e. they make their investment moves with ROR in mind. I hope this little follow-up would make the concept a little clearer to the readers.
Dream Big Dreams – A Gadfly’s Wish List
“Dream big dreams; only big dreams have the power to move men’s souls”, the great Roman emperor Marcus Aurelius once said. Before the mania of the New Year season finally ends, I will hasten to add a couple of big dreams or wistful thoughts for the OFW sector.
Posted in Call to Action
Tagged " partners in a dancing act, "tango, A Gadffly's Proposed OFW Resolution Calling and Urging Congress to Craft Legislation on OFW Economic Reintegration, accredited community partners or ACPs, Dream big dreams, micro-investors or micro-businessmen, wish list for the OFW sector
2 Comments
A Gadfly’s Proposed OFW Resolution Calling and Urging Congress to Craft Legislation on OFW Economic Reintegration
At the onset of this New Year 2011, it looks tempting once again to set up something like a New Year’s Resolution, a favorite yearly routine we humans do as a testament to our desire for self-improvement and/or our obsession with our own inadequacies.
I certainly do not want to succumb to this temptation of having a New Year’s Resolution for the nth time. But somehow, I love the ring of the word “Resolution” and I don’t want to part with this word so easily. There is a sense of hope, a sense of light, a sense of something that makes one feel good about this word.
With this in mind – and given that I have unabashedly anointed myself as a gadfly on OFW Economic Reintegration issues in my last article “Random Thoughts on Where This Advocacy Blog May Lead To”, I will therefore do something different. I will take this opportunity, to draft a proposed OFW Resolution calling and urging our honorable legislators to craft a bill on OFW Economic Reintegration.
Posted in Call to Action
Tagged " OFW Economic Reintegration, "Random Thoughts on Where This Advocacy Blog May Lead To, DOLE, Modern Day Heroes, National Reintegration Center for OFWs, New Year's Resolution, OWWA, POEA, remittances expected to hit US$18 billion in 2010, Resolution Calling and Urging Our Honorable Senators and Congressmen to Craft Legislation Providing for a Specific and Separate Government Body Tasked With OFW Economic Reintegration
6 Comments