07 August 2012

Happy Investor Vs EQ Investor: When stock price is UP

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Day 1:
When Happy and EQ Investors bought Stock XYZ at the same price of $1.33, and immediately the price drops to $1.30.
Happy investor: Nobody can predict future or can predict other people behaviour in next seconds, so who knows got people want to cheap sell. It is very normal as the change of weather daily.
EQ investor: I bought it too earlier. If I just wait for seconds, then I could cheap buy Stock XYZ. If..., then... If..., then... (unlimited possibility of IF..., Then.. in his mind for days)



05 August 2012

Three Free Software from Microsoft to Protect your Computers

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As genuine Microsoft Windows users, there are few useful and free securities software provided by Microsoft to protect our laptop or desktop computers. In this post, I am going to list out and mini-review all of them that I have used for years.

"Because computers can appear to function normally when infected, it's a good idea to run this tool regularly even if your computer seems to be fine. "

1. Microsoft Security Essentials
-to guard against viruses, spyware, and other evil software.
-provides real-time protection for your home or small business PCs.



The 360 Degree Leader By John C. Maxwell: Book Review

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The 360 Degree Leader Developing Your Influence from Anywhere in the Organization
By John C. Maxwell

Summary:
The 360 degree Leader starts with the 7 myths believed by many people who lead from the middle of organizations, followed by the 7 challenges, the 9 principles to lead up, the 7 principles to lead across, and the 7 principles to lead down. The 360 degree Leader explains clearly that leadership is important for everyone at every level of an organization (i.e. lead up, lead across and lead down); leadership is about influence instead of position. Influence means to become a person whom people will want to follow. Besides, John C. Maxwell also shows the difference between developing versus equipping people. A workbook is also provided so that readers can immediately validate their understanding about the idea of the 360 degree leadership. A free of charge 360 Degree leadership assessment is provided to those have purchased the book.



30 July 2012

Median is more reliable than Mean (or Average) in Statistics Description???

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Mean is an average of data. That is, the sum of data divided by the total number of data. Median, on the other hand, is simply the mid point of data. In this post, I quote an interesting and useful insight from a scientific journal paper about how can someone manipulates descriptive statistic by using Mean or Average value to depict data as follows:

“...Regular hourly employees, however, seldom earn more than $50,000 annually. Because the top management salaries are so high, the mean is strongly distorted by the very few extremely high salaries. Thus, the mean salary is much higher than a typical factory worker could ever earn. For example, if 1,000 employees earn $40,000 each, two top executives each earn $10 million, and the chief executive earns $20 million, the median salary is $40,000, but the mean salary is $79,670—
almost $80,000 per year, and double what the average worker earns.