Good Indicator
I agree with almost all. I could resume in one sentence. Be a good person and success will come Gratitude, forgive, want others to succeed, give credit and of course work hard.
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Amen to this
Parents should turn off smartphones, computers and TVs at meal times and eat at the table with their children every day for a better family life, says the Pope
- Pope Francis warned that an addiction to gadgets was isolating children to the extent they were like little pensioners
- He said the tradition of a family sitting down together to eat at a table was starting to vanish due to new technology
- The pontiff warned that people who spent their lives staring at a screen while eating were not in a 'close family'
- He claimed the dinner table was a place for families to discuss happy and sad events affecting all of their lives
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still 3 kg overweight! any tips?
one week for the Transportugal 2016 !Crossing Portugal in 8 days, north to south; finishing in Sagres - the southern west point of Europe; 1000 km of off-road racing across forest tracks, gravel roads and steep single tracks on clifftops.
Racing from hotel door to hotel door, overnight stays in the best hotels in the region, excellent food and relaxed atmosphere all around.
No signs, ribbons or arrows to indicate the way. Intuitive flawless GPS guiding. You can never get lost and you are always sure you are following the right race track.
An innovative way of racing where each participant follows a virtual marked track on the screen of his GPS receiver.
Always racing across very isolated and peaceful landscape and in self sufficiency, no aid stations and all external support is forbidden
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Why America is the place to be!
Big get Bigger in the Bible
For whoever has will be given more, and they will have an abundance. Whoever does not have, even what they have will be taken from them.
Matthew 25:29
Matthew 25:29
I am a big believer in the exponential growth and that is why it pays to be big, it pays to focus and only do one thing very well (after low improvements in the beginning things get better & better and of course people love to do what they do well. The solution? put the hours in few endeavors, concentrate, Focus.
This graph from the great BCA research, shows that the big companies are much more profitable than the median company.
From the Economist
Another new paper**, which looks at manufacturing in America, China and India from 1982 to 2007, suggests that the trend towards bigger firms is only likely to accelerate. Big firms’ higher productivity, it argues, raises the barriers to entry for new—and presumably smaller—competitors. Larger factories are more productive than smaller ones, so bigger firms can entrench their position over time. That will skew the income distribution even more. There is plenty of evidence across America and Europe that startup rates for companies are falling, allowing the biggest firms to get bigger unhindered by competition. Since the financial crisis, higher barriers to entry in the form of limited access to capital has caused the number of new businesses to collapse.
Not all economists see this as a dreadful thing. After all, bigger firms have much higher investment rates than smaller ones, which helps to fuel growth throughout the economy. The preponderance of small firms in such places as Greece, Italy and Portugal, seems to be one of the factors holding those economies back.
http://www.economist.com/news/finance-and-economics/21646266-growing-size-firms-may-help-explain-rising-inequality-bigger
I am not planning to move to America (the place of the big companies) but i already own stocks in many american companies as a hedge against living in a small country, Portugal. In my country consolidation has not been promoted and the result is that companies are struggling to survive. It's a difficult place to be a small company. you don't have a decent research budget, marketing budget etc...how are you going to compete? you have an idea no one else has and can not be copied! I don't bet on this
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I had to fire my house maid !
The secret to wealth is simple: Find a way to do more for others than anyone else does. Become more valuable. Do more. Give more. Be more. Serve more. And you will have the opportunity to earn more--whether you own the best food truck in Austin, Texas, or you're the top salesperson at your company or even the founder of Instagram.
Tony Robbins,
this is of course a good advice. I had a house maid for 9 years i liked her a lot. She cooked my food perfectly and iron my dress shirts in my way. She was not perfect but no one is.
However she was a bit inflexible, we bought a dog and she refused to walk the dog, last month i asked her to patch some suit trousers and she said she might ruin the trousers and that i should send the trousers to a professional etc... long story short after many episodes like this my wife sent her away (with a high financial cost) I would probably let things stay as they were ( i am a bit conformist ) but after the fact our new house maid did patch the trousers and walks the dog and she is happy to serve. Perhaps in 9 years she will become like the previous one but the start is very good.
Going back to Tony Robbins quote i know he is right, just do more and you will get more. be nice, be of service, care more and you will get more money. Do more even without pay and you will get rewarded big. I know this is true.
Note: We did get our previous maid a new house and i am sure she will do a good job there. She is a very good maid with a bit of attitude.
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Work more not less!
Working hard is very important. You're not going to get anywhere without working extremely hard.-- George Lucas
People who advise that you should work less are not giving a good advice. Work is one of the biggest weapons a person might have. Many people don't like to work hard and that is your biggest advantage. just put the hours.
Talent is cheaper than
table salt. What separates the talented individual from the successful one is a
lot of hard work."
— Stephen King
— Stephen King
More about the same
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Today is my birthday! Next year is 50
I just want one thing for next year health for me my family & friends . All the rest who knows what might happen. It's going to be good.
I want 4 things for next year
a)to be in ridiculous good shape
b)to travel more
c)to have less & less things. Use what i have more and more including clothes, gadgets & everything i don't need the new version of anything
d)to eat slowly
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Finally a useful gadget !
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what is the point of Brexit?
From Chris Giles, FTWhen you can download software from the US or your favourite song from Australia, it is not surprising that both the tech-savvy and those wanting Britain to leave the EU assert that geographical proximity has never mattered less. This is a favourite phrase of Daniel Hannan, a Brexit-supporting Conservative member of the European Parliament. It also happens to be a myth.
Take two countries, one with historic ties to Britain and which shares the same language, the other merely in the middle of the European continent. New Zealand and the Czech Republic were both $200bn economies in 2014, measured at prevailing exchange rates, and Britain trades significantly more with one than the other. Imports and exports of goods and services in 2014 were 3.9 times higher with our European not-so-near neighbour than with our distant former colony.
http://www.ft.com/intl/cms/s/0/aef23062-dae6-11e5-a72f-1e7744c66818.html#axzz45sjyzlsg
yes what is the point of Brexit? If you really trade with your close neighbors as always has been the case why exit a free trade agreement with your closest countries.
What is the point of be treated as a non EU member? Do they want to pay tariffs? Do they want to stay in the big queues in airports? Do they want to fill papers to come to Europe, do the UK students still want to study in any European University with no cost? Does a Brit want to pay a full price if they have to go to a Portuguese Hospital?
I really would love them to exit, it would be nice to see the Brits negotiating case by case all the way back into the EU.
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We only want poor people in this country!
From the FT Big read,The slowdown is just one sign of the anxiety among UK residents with non-domicile tax status. The changes were set in motion in July when chancellor George Osborne unveiled an overhaul of a system in place since 1799 — when William Pitt the Younger was prime minister and Britain was fighting France.
The regime was created in part to shelter those with foreign property from wartime taxes. It has meant that, for more than 200 years, individuals claiming non-dom status have been able to live and work in Britain without being subject to tax on gains and income earned and kept outside the country.
The Conservative government has declared that the rules can give rise to “unfair outcomes”, and Mr Osborne has set out to overhaul them.
..........................
In the 2013-14 tax year, 114,300 non-doms were registered in the UK. The group ranged from relatively low-paid workers such as teachers to prominent businessmen like Lakshmi Mittal, the steel magnate, media baron Viscount Rothermere and Roman Abramovich, owner of Chelsea football club.
Under Mr Osborne’s proposals, foreign residents who have lived in the UK for more than 15 of the past 20 years will be deemed domiciled in the UK for the purposes of income tax, capital gains tax and inheritance tax fromApril 2017. They will have to open their international business affairs to the scrutiny of HM Revenue & Customs, which could land many of them with a vast tax bill.
http://www.ft.com/intl/cms/s/0/b482fc4e-c4f4-11e5-b3b1-7b2481276e45.html#axzz45X9TE9jY
Why the rich countries are stalling ? Because the Governments are always doing policies they know would harm them in the long run but look good on paper
In my country Government is always on the look for stupid ideas
Abolish students national exams (same tests for everybody at the same time)
raise minimum wages
legalize temporary jobs
I would prefer in a country with many rich people than in one where there are only people like me!
I thought Brits where smarter
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Too much courage & Bravery
My fr
My friend Roger Crowley
just published this book about the 15 century opening of the sea routes to Asia
by Portugal.
Portugal’s
discovery of a sea route to India, campaign of imperial conquest over Muslim
rulers, and domination of the spice trade would forever disrupt the
Mediterranean and build the first global economy.
To me the
best take from this book is a lesson of too much bravery & not much efficacy.
The 15th century Nobles were brave but the loss of lives was
unnecessary since the Portuguese possess Cannons & guns. Why die by the sword?
I read the
book and I certainly recommend it as an easy read that can be done in one take. (i make zero from the sale of the book)
Someone put
this in AMAZON
Warning: these Portuguese are wonderful soldiers but
they are overbearing, and often vicious, in breaking into the Indian Ocean
world almost like Vandals breaking into the Roman world.
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When the boss isn’t consistent, people can’t do their best.
From the smart Lucy Kellaway
The researchers conducted a series of experiments in which they divided students into three groups and gave them all a job to do. The first group was subjected to constant compliments; the second to constant abuse and the third to a mix of the two. The first group wasn’t stressed at all; the second was mildly so, while the third — the group that didn’t know if they were going to get sticks or carrots — was by far the most stressed and least happy........................................
Predictability matters at work not just in relation to your boss — but to almost everything. People claim they love jobs in which every day is different, but there is little evidence to back this up. Instead, studies in the US have shown that workers with unpredictable hours are more stressed and less happy than those who keep a regular timetable.
If I think of my peers, I would probably tell you that I love working with people who surprise me. But that isn’t true. I like working with people who interest me, but who do not surprise me at all.
It's clear that boring wins over exciting and predictable & stable endure for centuries (Communism & Christ). I listen to people that say that they love their job because it's different every day. The fact is that most people prefer stable & predictable.
Mathmatics & Software is boring and predictable and it's going to win over the unpredictable human mind.
I think the best job is when you have a big goal and all the team works hard to achieve it.
I just think people have a lot of fiction. But, you know, I mean, the real story of Facebook is just that we've worked so hard for all this time. I mean, the real story is actually probably pretty boring, right? I mean, we just sat at our computers for six years and coded.
Mark Zuckerberg
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Free Trade is not good for all but should be promoted without doubt
Larry Summers, FTNo one thanks global trade for the fact that their pay cheque buys twice as much in clothes, toys and other goods as it would otherwise would
From the Economist
One study by economists at the University of California, Los Angeles, and Columbia University calculated that median income earners in America would lose 29% of their purchasing power if America was closed to trade, but that the poorest would forfeit as much as 62%, because they spend proportionately more on goods that are traded. Add to the reckoning the eventual benefits of a richer Chinese market for exporters, the spur to innovation in America from global competition and the low-cost inputs for consumer goods, such as the iPhone, that raise the productivity of American designers, and the arguments in favour of free trade are overwhelming.
with free trade the best place to produce Bananas is probably going to produce Bananas for the whole world, they will have the money to invest, to do R&D and to extend their lead. However the other banana producer in less favor areas will close their doors.
what should be done?
Promote free trade + spread the benefits
I always think about a classroom, some teachers don't move on to respect some students that are slow or stay behind. In my country this is the policy, always be worried with the bad student and the result is small overhall progress.
what would happen if the teacher keep pushing the class all the way. The average would be much better and there would be some students left behind. I think this is the right way with extra support off class to the weak students. They had to work more to catch up.
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Educational Arms race
From the Economist,Navigating the transition to an American school can seem so daunting that nearly every Chinese family hires an agent or admissions consultant, fuelling a sort of educational arms race. “Once parents hear that their child’s classmates have consultants”, says Jiang, “they feel guilty if they don’t hire one, too.”
It's not only in China that parents are in an education arms race. I am no exception and i am doing what everybody is doing in my country.
Private school + Private tutors etc.....
what is the result? i guess if you really invest in the education of your kids you can put them on the top 5% or 10% of the pack.
however they will have an education similar to thousand and thousand of other students which means they have many people to replace them.
what is the alternative?
i guess let them have some things that few other students have. sports, arts, mandarin etc....
another entry about the same
http://thoughtmeme.blogspot.pt/2016/03/its-impossible-to-compete-its-better-to.html
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I am bullish on China !
What Did China’s First Daughter Find in America?
By Evan Osnos, The New Yorker
On a sunny morning last May, a member of Harvard’s graduating class received her diploma and prepared to depart from campus as quietly as she had arrived. Xi Mingze—the only child of Xi Jinping, the President of China, and his wife, the celebrity soprano Peng Liyuan—crossed the podium at Adams House, the dorm that housed Franklin Roosevelt and Henry Kissinger. She had studied psychology and English and lived under an assumed name, her identity known only to a limited number of faculty and close friends—“less than ten,” according to Kenji Minemura, a correspondent for the Asahi Shimbun, who attended the commencement and wrote about Xi’s experience in America.
I think a country where the leader send her only daughter to Harvard is a country to respect. Now there are 304,000 Chinese Students in the USA. Why we should respect China? because they already have 4 things
work ethic
size
organization
don't waste time in politics
what they are missing? Marketing and image. No one wants to buy a Chinese car. But this could change.
These students that are in USA might make the change. I am bullish on China
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Bubble?
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Can't we eat whatever we want and simple take Meds when we begin having health problems?
New diet new diseases. So, while a sixty-year-old american man living in San Francisco has about a 5% chance of having a heart attack withing five years, should he move to japan and start eating like a Japanese his five year risk would drop to only 1%.From the great What I learned This Week, www.13d.com
Let food be thy medicine and medicine be thy food.
Hippocrates
This is so true, doctors don't have a clue about nutrition and that is why they don't know how to prevent disease. Of course most doctors need you to be sick otherwise they have no business. In my country, Portugal the Ministry of Health should be called Ministry of sickness because they just care about the sick.
The Ministry of Health should care about sports & nutrition!
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Francisco Carneiro
Lisbon Family Office
There is always a Bull market in the World
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