Sunday, November 06, 2005

Nice Photo Uploader

I found this really interesting site which allows you to upload you high res. digital photographs and displays then in different resolutions. So in case you want to retrieve the highest res. image from the site; lo and behold, there it is.
Unlike Yahoo! photos & Kodak Gallery the original sizes are not automatically compressed.

Check out some of my snaps here

http://www.flickr.com/photos/ch-eeee-tos/


Cheers,
Ch-eeee-tos

Thursday, October 20, 2005

InvestMent Strategies Warren Buffet Bets Upon

One thousand dollars invested in Warren Buffet’s Berkshire Hathaway
stock in 1965 would be worth roughly $ 5 million today! This astonishing
success didn’t come through Buffet’s use of high-tech computer trading
models or intricate market timing systems. Instead, it came through his
stubborn adherence to the time-honored fundamentals of value investing
.
The book, “How Buffet Does It”, is a step-by-step guidebook for investing like Buffet in
any market environment. This book presents 24 ideas Buffet has followed from day one.
Your reviewer enumerates below these twenty-four ideas with his comments for your ready
reference:

1. Choose Simplicity over Complexity : When investing, keep it simple. Do what’s easy
and obvious
.
If you don’t understand a business, don’t buy it.

2. Make Your Own Investment Decisions : Don’t listen to the brokers, the analysts, or
the pundits. Figure it out for yourself.
Become a value investor. It’s proven to be a very
rewarding technique over the long term.

3. Maintain Proper Temperament : Let other people overreact to the market To succeed
in the market, you need only ordinary intelligence. But in addition, you need the kind of
temperament
to help you ride out the storms and stick to your long-term plans. If you can
stay cool while those around you are panicking, you can surely prevail.

4. Be Patient : Think 10 years, rather than 10 minutes. Don’t dwell on the price of stocks.
Instead, study the underlying business, its earnings capacity and its future. If the question
is, “How long will you wait?” – “If we’re in the right place, we’ll wait indefinitely” says Buffet.

5. Buy Business, Not Stocks : Once you get into the right business, you can
let everyone else worry about the stock market.
Business performance is
the key to picking stocks. Study the long-term track record of any company that
is on your buy list. Buffet looks for following five main things before investing in a
company.

Business he can understand
Companies with favorable long-term prospects

Business operated by honest and competent people
Businesses priced very attractively

Business with free cash flow .

Don’t think about “stock in the short term.” Think about “business in the long term”.

6. Look for a Company that is a Franchise : Some businesses are “franchises”.
Franchise generates free cash flows.

7. Buy Low-Tech, Not High-Tech : Successful investing is rarely a gee-whiz activity.
It’s less often about rockets and lasers and more often about bricks, carpets, paint,
shaving blades and insulation.
Do not be tempted by get-rich-quick deals involving
relatively complex companies (e.g., high-tech companies). They are the most
unpredictable in the long run. Look for the absence of change. Look for the business
whose only change in the future will be doing more business, e.g Gillette Blades.

8. Concentrate Your Stock Investments A the “Noah’s Ark” style of investing –
that is, a little of this, a little of that. Better to have a smaller number of
investments with more of your money in each.
Portfolio concentration – the
opposite of diversification
– also has the power to focus the mind. If you’re
putting your eggs in only a few baskets, you’re far less likely to make
investments on impulse or emotion.

9. Practice Inactivity, Not Hyperactivity : There are times when doing nothing
is a sign of investing brilliance.
Be a decade’s trader, not a day trader.

10. Don’t Look at the Ticker : Tickers are all about prices. Investing is about a
lot more than prices. It is about value. It is about wealth.
Abstain from looking
at share prices every day. Study the playing field and not the scoreboard.
Know the value of something rather than the price of everythin

Thursday, September 08, 2005

Origin of the name Mitsubishi "PAJERO"

For the curious, the Spanish word pajero means ‘wanker’, from paja meaning ‘wank’ (literally, ‘straw’), in the expression hacerse una paja, (literally ‘to do oneself a straw’). These slang expressions come from the fact that both a straw and the penis are similar in being pipe-like. It is the first meaning to come to mind to Spanish speakers in both Spain and the majority of Latin America.

Pajero has some non-rude agricultural meanings, referring to someone selling or transporting straw or (in the Canary Islands dialect) the barn where it is kept. These are the original meanings of the word, but not common these days. It is also an obscure nickname for people from Santo Domingo de la Calzada in La Rioja, presumably due to historical straw production in the village.

In the dialects of Nicaragua, Colombia and Guatemala, paja is used to mean ‘tap’ (i.e. the end of the ‘pipe’), and so, in Nicaragua at least, a pajero is a plumber, to the mirth of other Spanish-speakers.

However, none of these rude or innocent meanings gave the vehicle its name. There is a feline, scientifically classified as Oncifelis colocolo, which is known in Spanish as the gato pajero (‘grass cat’) or gato de las pampas (‘Pampas cat’). It is similiar to the ocelot and hunts small animals in the reeds and grasslands of South America. There are several subspecies, including Oncifelis colocolo colocolo found in central Chile and Oncifelis colocolo pajeros found in central Argentina. In this official press release in Japanese (media.mitsubishi-motors.com/pressrelease/j/products/detail310.html), Mitsubishi explains that they got the name for the vehicle from the latter subspecies, which they call by its short name Felis pajeros. The Pampas cat featured on the emblem on early Pajero SUVs.

--
Chirantan Mandal,

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Analytic and romantic understanding should be united at a basic level. Reassimilate the passions from which the rational mind fled. - R.M.Pirsig