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东晴西雨

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答案

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wind_feng 的头像

Since the first deal

Two years ago I started this up and thought I would only run it for 3 months.

3 months has then turned into 2 years and still counting.

I don't really have a master plan for it but I just love what I'm doing.

Happy Birthday Tata!

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wind_feng 的头像

Law of Success

Never underestimate your opponent.

Fight!

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wind_feng 的头像

To be fair

Viewing the photos and videos from Facebook has got me thinking.

If one day we become the benefited, will we turn up like today for a better democracy?

Are we the same people driving madly on roads and put other people's life at risk?

There are always things in life that are unfair to us and to others.
When we're born to be the benefited, we often take the advantages made to us for granted.
And for things that hurt us, we rebel, protest, we ask for a change.

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wind_feng 的头像

Being too comfortable

Whowe, it's time to go further.

Stop bullshitting your high tech ideas.

Your current business comes from a damn stupid idea and you do it with first class execution.

So why stuck at dreaming up first class idea only to end up with third class execution?

Move on.

You're not Mark Zuckerberg or Larry Page.

Let's start with a damn stupid idea again.

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wind_feng 的头像

The other side of Capitalism

[link] The Creative Monopoly

我承认我不是一个热爱竞争的人。

一旦每个人都在抢着追求同一样东西,每个人所付出的代价将会更高,所得到的也将会更少。

因此我选择性竞争,“值得”的东西,我追求;“不值得”的东西,我压根儿不会去理。

工作如此,人生亦也如此。

往往选择去探索他人从不探索的领域,收获将更大。

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wind_feng 的头像

那些年,我们都在干嘛?

有种故事时常会出现。

就是在毕业若干年后的某次同学聚会,就会出现一个叫做X的老同学。
当每个人都在互相羡慕彼此工作环境,或者讨论另一个同学多赚了几百或几千块薪水的时候,这个X同学就会让这些话题显得微不足道。

因为他赚的可能是上万块,或者月入十几万、百万、千万...

每同遇见这样的X同学,你或许都会问问自己这些年都在干嘛?
难免还是会自嘲了一下。

人生就是一场又一场的俄罗斯轮盘。

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wind_feng 的头像

More details

The invested company is described in 2010 annual report:

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wind_feng 的头像

Mudajaya

I got another shock by digging deep into Mudajaya's annual report. (Previous shock from Maybulk)

Out of 1.1b total asset, Mudajaya has spent 362m investing in India's company.

Out of 362m investment cost, only 45m accounted for the net asset of the companies and Mudajaya is paying 7 times of the price tag as goodwill!

Actually, paying 7 times premium isn't a big deal if the company has crazy earning such as BAT, which reports more than 150% Return on Equity.

The problem is that these companies has almost no profit and I suspect whether they have operation at all.

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wind_feng 的头像

One of the key

in business is to reject bad business deal.

Having profit is one thing, having profit in long term is another.

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