Erin
Jennifer
Nicole
Laura
Credits -livejournal
Saturday, November 14, 2009
Friday, November 13, 2009
A Christmas Carol
Watch out for Jim Carrey's latest movie, a Christmas Carol, definitely a fine christmas movie for every single kids out there. But that's if the parents are free enough to bring their kids to the theatres. You know people claim that they are so busy, even on Christmas? No finger-pointing please :)
Jim Carrey provides the voice and image of the miser Ebenezer Scrooge -- at every age -- as well as the ghosts of Christmas Past, Present and Yet to Come.
“A CHRISTMAS CAROL” OPENS IN SINGAPORE CINEMAS 19 November 2009!
Credits -open-bks
Jim Carrey provides the voice and image of the miser Ebenezer Scrooge -- at every age -- as well as the ghosts of Christmas Past, Present and Yet to Come.
“A CHRISTMAS CAROL” OPENS IN SINGAPORE CINEMAS 19 November 2009!
Credits -open-bks
Cash For Clunkers
Remember the infamous $4,500 car credits provided to car buyers, that traded in their less-fuel efficient cars, by the United States government this year?
Results: A total of 690,000 cars were sold under the program but only 125,000 of those were vehicles that would not have been sold anyway.
In layman terms, even without the cash-for-clunkers, 82% of the cars sold will still be able to sell.
Okay, point noted but what is the appalling point here? Evidently, the point is that the dismal policy has wasted a total of
$4,500 multiplied by (690000-125000) which comes up to a gargantuan sum of $2.54 billion.
Hasn't it ever come across their mind that they should have stopped this program long ago? Now that it has bled $2.54 billion, the damage is already irreversible.
But the worst part is, they are still not the least conscious of their unconscionable mistake. Instead of stopping the program immediately, they were even ruminating about the continuation of the program since it is so well-received and that many cars are sold.
A while back on the 30 October 2009, the whitehouse released a blog post saying that Edmunds.com is deframing them and that the calculation of the number of cars that would have been sold even without the help of the program is inaccurate based on implausible assumptions, basically a mere postulation.
From my point of view, the government is simply saying that people are buying the cars because they are drawn in by the hyped-up program and that they went on ahead to purchase cars even when they realised that they did not qualify for the rebate. Honestly speaking, how can you attribute that to the rising sales of cars? That is pure bullocks I will say.
Let's say you are buying the car because of the cash-for-clunker program, and that you realise that you do not qualify for it, naturally you will go back home. Conversely, if I have decided to go ahead with the purchase even though I realise that I do not qualify for it, it is because I have already set my mind on purchasing a car regardless of any incentives I am offered. The program is mainly something that I might be able to exploit on but it is not a compulsory pre-requisite to my purchase, hence I do not really care if I qualify for it. The point is, I want to buy a car.
In this case, the government is trying to take credit for that conscious purchase of the consumers to reduce the damage and criticisms casted upon the White House. They are obviously trying to navigate their way out of this shit by taking credits for the rising sales.
They have made a mistake, so they should simply hold their hands up and apologise rather than making claims which is so baseless.
The aim of the program was to kick-start the sales and to boost the production and manufacturing of cars. However, they seem to have grown to be overly-reliant on it to boost sales now and that they are getting addicted to this sticky problem.
For now, I surmise that the industry is more than stable enough to move on independently already. By providing more help at this stage is synonymous to breeding an insidious virus within the industry per se. Till then, it will have to take a tour de force to get the industry out of its spiraling problems.
Credits -cnn, -maniacworld
Results: A total of 690,000 cars were sold under the program but only 125,000 of those were vehicles that would not have been sold anyway.
In layman terms, even without the cash-for-clunkers, 82% of the cars sold will still be able to sell.
Okay, point noted but what is the appalling point here? Evidently, the point is that the dismal policy has wasted a total of
$4,500 multiplied by (690000-125000) which comes up to a gargantuan sum of $2.54 billion.
Hasn't it ever come across their mind that they should have stopped this program long ago? Now that it has bled $2.54 billion, the damage is already irreversible.
But the worst part is, they are still not the least conscious of their unconscionable mistake. Instead of stopping the program immediately, they were even ruminating about the continuation of the program since it is so well-received and that many cars are sold.
A while back on the 30 October 2009, the whitehouse released a blog post saying that Edmunds.com is deframing them and that the calculation of the number of cars that would have been sold even without the help of the program is inaccurate based on implausible assumptions, basically a mere postulation.
From my point of view, the government is simply saying that people are buying the cars because they are drawn in by the hyped-up program and that they went on ahead to purchase cars even when they realised that they did not qualify for the rebate. Honestly speaking, how can you attribute that to the rising sales of cars? That is pure bullocks I will say.
Let's say you are buying the car because of the cash-for-clunker program, and that you realise that you do not qualify for it, naturally you will go back home. Conversely, if I have decided to go ahead with the purchase even though I realise that I do not qualify for it, it is because I have already set my mind on purchasing a car regardless of any incentives I am offered. The program is mainly something that I might be able to exploit on but it is not a compulsory pre-requisite to my purchase, hence I do not really care if I qualify for it. The point is, I want to buy a car.
In this case, the government is trying to take credit for that conscious purchase of the consumers to reduce the damage and criticisms casted upon the White House. They are obviously trying to navigate their way out of this shit by taking credits for the rising sales.
They have made a mistake, so they should simply hold their hands up and apologise rather than making claims which is so baseless.
The aim of the program was to kick-start the sales and to boost the production and manufacturing of cars. However, they seem to have grown to be overly-reliant on it to boost sales now and that they are getting addicted to this sticky problem.
For now, I surmise that the industry is more than stable enough to move on independently already. By providing more help at this stage is synonymous to breeding an insidious virus within the industry per se. Till then, it will have to take a tour de force to get the industry out of its spiraling problems.
Credits -cnn, -maniacworld
Thursday, November 12, 2009
Home sales in surprise drop
Home sales have dropped for the first time after rising for 5 straight months.
Well, I must say I have long anticipated this ramification. Then again, it has come at the right time, just 1 month before the tax credit is going to end. While it might be true that the tax credit is most likely to be extended, people can't help but play it safe by curbing their spendings right now.
Paradoxically, I do not believe the main reason behind the drop in sales is due to the potential withdrawal of the tax credit.
Firstly, if it is mainly due to that reason, shouldn't people be buying until the last day? We are all notoriously famous for clinching last minute deals because we know that we will be in for some great bargains at the end of the day so everyone have a propensity to stick around until the end before they disperse.
Secondly, everyone is optimistic about the extension of the tax credit and are de facto confident about it. Here comes the exciting part because in my opinion, I believe that it is the potential extension of the tax credit that is causing the withdrawal symptoms right now.
Why? Very simple, the reason being is that because of the rising ambiguity in this case, people want to wait and see what happens, particularly in this crucial period where the government is still ruminating on whether to extend the credit.
Since there is a high chance that the government is going to extend the period, why not we wait and see if they might add in a few surprises, for example, more tax credit, more benefits, guranteed interest free or even free gifts?
Even if there is nothing at the end of the day and in the worst case scenario where the government decides to obliterate the cash-for-clunkers program, the public can still rush to buy at the last minute since this enticing promotion ends late November.
Hence, I believe that the reason for the decline in sales is because of the fact that people think that they can afford to wait since there's no hurry right now. And truely enough, they have nothing to lose by waiting right now!
Credit -whdh
Well, I must say I have long anticipated this ramification. Then again, it has come at the right time, just 1 month before the tax credit is going to end. While it might be true that the tax credit is most likely to be extended, people can't help but play it safe by curbing their spendings right now.
Paradoxically, I do not believe the main reason behind the drop in sales is due to the potential withdrawal of the tax credit.
Firstly, if it is mainly due to that reason, shouldn't people be buying until the last day? We are all notoriously famous for clinching last minute deals because we know that we will be in for some great bargains at the end of the day so everyone have a propensity to stick around until the end before they disperse.
Secondly, everyone is optimistic about the extension of the tax credit and are de facto confident about it. Here comes the exciting part because in my opinion, I believe that it is the potential extension of the tax credit that is causing the withdrawal symptoms right now.
Why? Very simple, the reason being is that because of the rising ambiguity in this case, people want to wait and see what happens, particularly in this crucial period where the government is still ruminating on whether to extend the credit.
Since there is a high chance that the government is going to extend the period, why not we wait and see if they might add in a few surprises, for example, more tax credit, more benefits, guranteed interest free or even free gifts?
Even if there is nothing at the end of the day and in the worst case scenario where the government decides to obliterate the cash-for-clunkers program, the public can still rush to buy at the last minute since this enticing promotion ends late November.
Hence, I believe that the reason for the decline in sales is because of the fact that people think that they can afford to wait since there's no hurry right now. And truely enough, they have nothing to lose by waiting right now!
Credit -whdh
Wednesday, November 11, 2009
Exaggeration
Exaggeration, this process is actually ubiquitous in our society today. Every facets of society and the world is infatuated with this process.
I believe that this is mainly due to the fact that people wants to spice things up, as well as to raise the tension or optimism in the surroundings.
In our daily working environment, you will see people backstabbing each other in the board rooms whenever things start to screw up or are on the verge of collapsing. They are often accused of things that they have never even done. Then again, why do people use this stance against their colleagues? Simple, because they know that they can always rely on the roots of the accusation to support their point.
For example, Person A make an accusation against Person B saying that he did not manage his time properly and has failed to delegate the task effectively to the people. Person B might defend himself by saying that he has delegated the task according to the team player’s expertise and has therefore done a great job in delegation. On hearing that, Person A will try to downplay Person B’s argument by saying that he wasted a lot of time researching and thus leave very little time for the execution of the task. At this point, Person B backoff because he has indeed failed to manage his time properly and there goes his argument for the delegation and he could possibly be castigated by the boss for that even though Person A might be at fault also.
To make the scenario more realistic, let’s take a look at today’s financial crisis. I am sure that you guys are familiar with the optimistic views everyday on the news reporting that the economy is going to improve by the next quarter. However, the fact is, the economy just keeps going down mainly because of declining consumer demands along with the dramatic fall in export demands around the world.
So why exactly are the news reporters and journalist bragging about the recovery of the economy when we are still a mile away from it? Well, once again, it is to encourage the consumers to come out of the shell and start spending. Through this exaggeration process, they hope that the economy will be propelled forward by the possibly rising number of optimists.
They can’t possibly say that the economy is not going to recover any time soon and people have to be wary of their spending because each cents count. If they were to be so blunt to the public, they will scare them off because the ugly truth hurts. Hence, the media tend to blindside the public by hiding the ugly truth away from them by presenting them with a more favourable report.
While it is imperative that they hide these harsh facts away from them in order not to damage the economy any further, it might be worthwhile to be straightforward with the truths even though they are inconceivable or intolerable.
When you hide stuff away from them, they will bring out the child in them where they start to be sceptical about whatever you say because it always comes out with a different ending. Trust is lost and ambiguity arises. Naturally, people start to get on tenterhooks and they panic unnecessarily and this will eventually bring about greater ramifications and repercussions upon our economy.
Perhaps, it is really time to come clean with the public. If you are genuine about it, I am very sure the public will chip in their help to bring the economy out of the sludge because at the end of the day, they are part of the economy as well.
Tuesday, November 10, 2009
Kraft Vs Cadbury
As you guys might remember, Cadbury has rejected an offer of $16.7 billion worth of stocks and cash in the early September. On Monday, 9 November 2009, it has yet again rejected the renewed offer by Kraft, which is now worth slightly lesser at $16.3 billion worth of stocks and cash.
"Cadbury is an exceptional standalone business," said Roger Carr, chairman of Cadbury, in a statement. "Kraft's offer does not come remotely close to reflecting the true value of our company, and involves the unattractive prospect of the absorption of Cadbury into a low growth conglomerate business model."
A slight tautology above. Isn't the business model a true value of their company?
Aside from that, Cadbury has also criticised Kraft as having a weak, low growth conglomerate business model. Does this criticism stand? Not at all! I totally disagree on that because Kraft has always had a diverse and recognised business model.
Just look at the number of international brands under it and how well it has been managed. The sustainability of those international brands alone is already awe-inspiring. Look at OREO, Toblerone and Planters. All these brands have been standing strong along with 50 other brands it has under its umbrella. It is no easy feat to manage all these brands if you lack a strong business model. You have to cope with the various strategies needed to manage the different brands because different brands cater to different target market and they have different prices attached to them. Just these two factors alone already requires the close co-ordination between the product manager, price manager, retail manager, logistics manager and so many other people from the company. To say that it lacks a good business model is seriously an insult to Kraft's ability.
In an effort to acquire Cadbury, Kraft has also sliced off some of its million-dollar brands just to draw out some money to bid for Cadbury. Such a sacrifice to trim their budget and to get rid of some of its high earning brands is really not easy.
There has also been the debate about whether Kraft should have bid more, instead of lesser for Cadbury. Many believed that Kraft slackened off the bid because there are no competitors arising as a result of this fiasco and maybe this shows that Cadbury is really not that attractive after all.
But, the CEO of Kraft Irene Rosenfeld has never felt that way, she has always been really attached to Cadbury and is confident that by assimilating Cadbury into Kraft, it will further accentuates Kraft's global position as a market leader as well as a diverse player.
Then again, even if Kraft bid more, Cadbury might not even be interested since they are so staunch on their belief that they can standalone. Maybe they might want to turn the time machine all the way back to early September and start thinking how their stock prices climbed 26%. It was all because of the bid by Kraft. Because Kraft believed in Cadbury. Rather than appreciating it, Cadbury castigated Kraft for undermining them. Honestly speaking, Cadbury is really overly-complacent and they are really not aware of the competitors they are facing in this market.
All the best to Cadbury.
Credits -investmentnz, -livetradingnews
"Cadbury is an exceptional standalone business," said Roger Carr, chairman of Cadbury, in a statement. "Kraft's offer does not come remotely close to reflecting the true value of our company, and involves the unattractive prospect of the absorption of Cadbury into a low growth conglomerate business model."
A slight tautology above. Isn't the business model a true value of their company?
Aside from that, Cadbury has also criticised Kraft as having a weak, low growth conglomerate business model. Does this criticism stand? Not at all! I totally disagree on that because Kraft has always had a diverse and recognised business model.
Just look at the number of international brands under it and how well it has been managed. The sustainability of those international brands alone is already awe-inspiring. Look at OREO, Toblerone and Planters. All these brands have been standing strong along with 50 other brands it has under its umbrella. It is no easy feat to manage all these brands if you lack a strong business model. You have to cope with the various strategies needed to manage the different brands because different brands cater to different target market and they have different prices attached to them. Just these two factors alone already requires the close co-ordination between the product manager, price manager, retail manager, logistics manager and so many other people from the company. To say that it lacks a good business model is seriously an insult to Kraft's ability.
In an effort to acquire Cadbury, Kraft has also sliced off some of its million-dollar brands just to draw out some money to bid for Cadbury. Such a sacrifice to trim their budget and to get rid of some of its high earning brands is really not easy.
There has also been the debate about whether Kraft should have bid more, instead of lesser for Cadbury. Many believed that Kraft slackened off the bid because there are no competitors arising as a result of this fiasco and maybe this shows that Cadbury is really not that attractive after all.
But, the CEO of Kraft Irene Rosenfeld has never felt that way, she has always been really attached to Cadbury and is confident that by assimilating Cadbury into Kraft, it will further accentuates Kraft's global position as a market leader as well as a diverse player.
Then again, even if Kraft bid more, Cadbury might not even be interested since they are so staunch on their belief that they can standalone. Maybe they might want to turn the time machine all the way back to early September and start thinking how their stock prices climbed 26%. It was all because of the bid by Kraft. Because Kraft believed in Cadbury. Rather than appreciating it, Cadbury castigated Kraft for undermining them. Honestly speaking, Cadbury is really overly-complacent and they are really not aware of the competitors they are facing in this market.
All the best to Cadbury.
Credits -investmentnz, -livetradingnews
Stock Splits
Remember yesterday's post on the acqusition of Burlington Northern Santa Fe by Warren Buffett yesterday?
Simultaneously, Warren Buffett has decide to stock split his B shares 50-1.
If you own 10 Berkshire B shares, for example, your investment is worth $33,950 using Thursday's price. If the 50-1 split took place Friday morning, you'd simply own 500 shares that each have a price of $67.90 -- still $33,950.
In layman terms, This means that the 1 B share you are holding on to now, is being split into 50 small B shares. However, there is simply no difference in the worth between 1 big B share and the soon-to-be 50 small B shares.
Let's take Googles share prices as a reference, $548.65. And Berkshire Hathway's is now $67.90 (from $3,395)
This might sound puzzling to some of you. Why does Warren Buffett split up his shares at this point in time? Is he trying to make it easier for more people out there to buy his shares?
The answer is a BIG no-no. Warren Buffett has always and will always be a long-term investor, he will never succumb to short-term gains. So why is he doing this then?
Reason: Buffett said that the reason for the split was to avoid socking smaller shareholders of Burlington with a big tax hit once they received Berkshire stock.
This makes a lot of sense because the share prices of Berkshire stock is extremely high and thus these people who received it as part of the acqusition will be taxed heavily and they might not be able to cope with it.
Then again, I believe that even if the reason for the split is to attract more investors, there is still nothing wrong with it. It might seems like a short-term goal, trying to attract more small investors but I see it the other way wrong.
For me, I feel that if you attract sufficient amont of small investors, their total investments can jolly well surpass the total investments made by the few big investors. Now that Berkshire Hathway is in the spotlight in the stock market, everyone wants to ride on its coattail but they can't because they cannot afford the exorbitant price of the shares. However, things have changed now, almost anyone in the world can actually afford to buy the shares. Come to think of it, the long-term investors will still stay since they still retain the similiar worth of their investments, just in a larger amount of shares now. Adding on to that are a new set of small investors, who are willing to push up the price of the stock. It's really a Win-Win situation when you think about it.
Hence, I believe that in the long run, the stock prices will hit 3-digit any time soon, and there is no problem to that at all!
Credits -investorbuddy, -cnn, -legis
Simultaneously, Warren Buffett has decide to stock split his B shares 50-1.
If you own 10 Berkshire B shares, for example, your investment is worth $33,950 using Thursday's price. If the 50-1 split took place Friday morning, you'd simply own 500 shares that each have a price of $67.90 -- still $33,950.
In layman terms, This means that the 1 B share you are holding on to now, is being split into 50 small B shares. However, there is simply no difference in the worth between 1 big B share and the soon-to-be 50 small B shares.
Let's take Googles share prices as a reference, $548.65. And Berkshire Hathway's is now $67.90 (from $3,395)
This might sound puzzling to some of you. Why does Warren Buffett split up his shares at this point in time? Is he trying to make it easier for more people out there to buy his shares?
The answer is a BIG no-no. Warren Buffett has always and will always be a long-term investor, he will never succumb to short-term gains. So why is he doing this then?
Reason: Buffett said that the reason for the split was to avoid socking smaller shareholders of Burlington with a big tax hit once they received Berkshire stock.
This makes a lot of sense because the share prices of Berkshire stock is extremely high and thus these people who received it as part of the acqusition will be taxed heavily and they might not be able to cope with it.
Then again, I believe that even if the reason for the split is to attract more investors, there is still nothing wrong with it. It might seems like a short-term goal, trying to attract more small investors but I see it the other way wrong.
For me, I feel that if you attract sufficient amont of small investors, their total investments can jolly well surpass the total investments made by the few big investors. Now that Berkshire Hathway is in the spotlight in the stock market, everyone wants to ride on its coattail but they can't because they cannot afford the exorbitant price of the shares. However, things have changed now, almost anyone in the world can actually afford to buy the shares. Come to think of it, the long-term investors will still stay since they still retain the similiar worth of their investments, just in a larger amount of shares now. Adding on to that are a new set of small investors, who are willing to push up the price of the stock. It's really a Win-Win situation when you think about it.
Hence, I believe that in the long run, the stock prices will hit 3-digit any time soon, and there is no problem to that at all!
Credits -investorbuddy, -cnn, -legis
Monday, November 9, 2009
Burlington Northern Santa Fe
As you all might know by know, Warren Buffet has just made the investment of his life, a total investment of 44 billion dollars bet on Burlington Northern Santa Fe, a company based on railroads, a business relying heavily on coal as well. Other than the investment on railroads, I surmise that the coal industry will soon hit the top as well. There will definitely be a renewed interest in coal later on.
Berkshire (BRKA, Fortune 500), which already has major stake in Burlington Northern, said it would acquire the remaining 77.4% of the company in a cash-and-stock offer worth $100 per share.
"Our country's future prosperity depends on its having an efficient and well-maintained rail system," Buffett said in a statement.
An efficient and well-maintained rail system in the future? Why is it important? Personally, I have to say this news came as a shock to me. Just when I am in the midst of focusing on the airlines industry, Warren Buffett has to invest in the railroad industry. A big move like that has suddenly shifted all our focus onto the railroad industry. That's the undeniable immense amount of influence Warren Buffett has on everyone of us when it comes to investment.
I believe that in the railroad industry, it all comes down to sustainability like all other businesses. In the near future, there will be a heavy reliance on the public transports as the maintainence fees of maintaining a car is going to be tremendously expensive. Hence, it is important to ensure that the public transport will not break down, not even once so to speak. It is that crucial and thus, the rail system must be ready to operate efficiently in a timely manner, like coming on time, with a high frequency rate, no breakdowns especially in the railway systems, trains functioning properly at all times and of course no breakdown of services. All these factors are extremely important because an interruption in service provision can possibly incur millions of dollars of losses in an instant, say a short period of a couple of hours. The more devastating damage is on the consumers confidence and that is usually hard to repair.
No management changes will be made even after the deal, which is expected to be completed by early 2010.
Once again, it is down to the management changes, the whole issue about corporate culture and organizational changes. Management, being at the peak of operations in a company, must be handled properly and every single details must be scrutinized time and again. When companies are involved in acqusition or merger deals, they are always worried if the acquired company can be successfully integrated into Berkshire Hathaway given the scale of its operations.
It is definitely a heavy relief to hear that such a gargantuan company like Burlington can actually be integrated into Berkshire Hathaway without any single management changes.
Nonetheless, I am still a little skeptical about its integration at this point in time because the railway system is getting a little backward now as we can see that Japan has actually moved on so far ahead in the railway industry with trains moving at an immensely high speed. It will be a challenge for Buffett not to make any changes to the management of Burlington to cope with the competitors in the industry per se.
All in all, I still believe in Warren Buffett's choice to acquire such a big company. He is THE investor of the lifetime, not a single investor in the world is anywhere near his status. Furthermore, this is the biggest investment he has made in his entire life, what can we do now other than following him in this fight of the millenium?
Credit -cnn, -tomclegg, -mopo, -imotibg, -japaninfoswap
Berkshire (BRKA, Fortune 500), which already has major stake in Burlington Northern, said it would acquire the remaining 77.4% of the company in a cash-and-stock offer worth $100 per share.
"Our country's future prosperity depends on its having an efficient and well-maintained rail system," Buffett said in a statement.
An efficient and well-maintained rail system in the future? Why is it important? Personally, I have to say this news came as a shock to me. Just when I am in the midst of focusing on the airlines industry, Warren Buffett has to invest in the railroad industry. A big move like that has suddenly shifted all our focus onto the railroad industry. That's the undeniable immense amount of influence Warren Buffett has on everyone of us when it comes to investment.
I believe that in the railroad industry, it all comes down to sustainability like all other businesses. In the near future, there will be a heavy reliance on the public transports as the maintainence fees of maintaining a car is going to be tremendously expensive. Hence, it is important to ensure that the public transport will not break down, not even once so to speak. It is that crucial and thus, the rail system must be ready to operate efficiently in a timely manner, like coming on time, with a high frequency rate, no breakdowns especially in the railway systems, trains functioning properly at all times and of course no breakdown of services. All these factors are extremely important because an interruption in service provision can possibly incur millions of dollars of losses in an instant, say a short period of a couple of hours. The more devastating damage is on the consumers confidence and that is usually hard to repair.
No management changes will be made even after the deal, which is expected to be completed by early 2010.
Once again, it is down to the management changes, the whole issue about corporate culture and organizational changes. Management, being at the peak of operations in a company, must be handled properly and every single details must be scrutinized time and again. When companies are involved in acqusition or merger deals, they are always worried if the acquired company can be successfully integrated into Berkshire Hathaway given the scale of its operations.
It is definitely a heavy relief to hear that such a gargantuan company like Burlington can actually be integrated into Berkshire Hathaway without any single management changes.
Nonetheless, I am still a little skeptical about its integration at this point in time because the railway system is getting a little backward now as we can see that Japan has actually moved on so far ahead in the railway industry with trains moving at an immensely high speed. It will be a challenge for Buffett not to make any changes to the management of Burlington to cope with the competitors in the industry per se.
All in all, I still believe in Warren Buffett's choice to acquire such a big company. He is THE investor of the lifetime, not a single investor in the world is anywhere near his status. Furthermore, this is the biggest investment he has made in his entire life, what can we do now other than following him in this fight of the millenium?
Credit -cnn, -tomclegg, -mopo, -imotibg, -japaninfoswap
Sunday, November 8, 2009
Project Runway Season 6 Episode 12
This week's theme was inspiration from The Getty Center.
Gordana
Christopher
Carol Hannah
Althea
Irina
Credits -mylifetime
Versace Pour Homme
Some of my top favourite fragrances.
Credits -vootar, -mililitros, -maxs
One of the top fragrances I believe. It has a lingering scent that is both strong and mature. Definitely a great choice for the working class I must say, especially suitable for people of executives level and above. It can definitely accentuate your social status anywhere and at any time of the day!
As seen above, it has an extraordinary design esoteric to Thierry Mugler. A cool and refreshing smell that almost seems icy and cooling. Definitely a must-buy if you want to smell fresh and sweet.
An enticing wood scent that will win over all your business clients within minutes. It has a unique tinge of spice that spice up your life. Long-lasting smell that never goes over the top.
Credits -vootar, -mililitros, -maxs
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