tag:blogger.com,1999:blog-6897513886211197509.post5203769692446590617..comments2024-03-28T12:38:11.434+08:00Comments on Singapore Man of Leisure: Efficiency versus EffectivenessSingapore Man of Leisurehttp://www.blogger.com/profile/13774067113884418001noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-6897513886211197509.post-68469084951648123602014-02-19T07:48:00.673+08:002014-02-19T07:48:00.673+08:00Thanks Small Time Investor ;)
Not pausing and ask...Thanks Small Time Investor ;)<br /><br />Not pausing and asking am I doing the RIGHT THING once in while may mean we are focusing too much on doing THINGS RIGHT.<br /><br />Nothing wrong by itself; but we can be moving faster, leaner, and cheaper into the WRONG direction...<br /><br /> It's like averaging down on a losing stock/position. Each time we add at a lower price, the average entry price moves down (efficient).<br /><br />But is it effective? <br /><br /> Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-61883224739527859792014-02-18T22:25:25.987+08:002014-02-18T22:25:25.987+08:00Hi SMOL
Great post.
To me efficiency can be tra...Hi SMOL <br /><br />Great post.<br /><br />To me efficiency can be trained by doing/experiencing the same things over and over again...but the results(effective) perhaps may vary ? Small Time Investorhttps://www.blogger.com/profile/07278163226576640383noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-49233650236630958262014-02-18T16:58:42.491+08:002014-02-18T16:58:42.491+08:00temperament,
Each one of us - be it investor, tra...temperament,<br /><br />Each one of us - be it investor, trader, or hybrid - have to ask the same questions you have asked at CW's post:<br /><br />What for trying too hard?<br />Why?<br />For whom do you strife?<br />Besides for yourself?<br /><br />I think some are pushing hard on efficiency for themselves because they value how others see.<br /><br />Most seek validation from others even in the realm of investing and trading. <br /><br />Just like only a few can make donations silently without much fanfare and publicity - most want their names on buildings and on plaques.Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-34617839588765962712014-02-18T13:30:47.495+08:002014-02-18T13:30:47.495+08:00一 针 见 血 is always best for the doctor. The rest o...一 针 见 血 is always best for the doctor. The rest of the businesses is always a compromise. For investor and trader, what's their preference?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-72437918990499443362014-02-18T13:05:55.206+08:002014-02-18T13:05:55.206+08:00Greedy coconut,
January's mini-volatility not...Greedy coconut,<br /><br />January's mini-volatility not enough for you?<br /><br />Very tiring to bring laundry in and out you know?<br /><br />I just brought the laundry out. If the rain comes I'll be very pissed!Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-38962022732498405882014-02-18T11:08:01.581+08:002014-02-18T11:08:01.581+08:00oh dear, i think i mis-write it haha, i mean not m...oh dear, i think i mis-write it haha, i mean not much stimulus to my mind, like its empty, nothing comes out, becomes very boring.<br /><br />this whole of febuary is incredible boring market, my trading volume also down, still i got to do what i do always, watching the market. <br /><br />so its not burnout, its nothing to burn haha.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-32946785484671417532014-02-18T10:05:04.979+08:002014-02-18T10:05:04.979+08:00coconut,
Do that.
Must avoid burnout.
Listen to...coconut,<br /><br />Do that.<br /><br />Must avoid burnout.<br /><br />Listen to our body.Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-74314565232289380032014-02-18T10:01:36.276+08:002014-02-18T10:01:36.276+08:00CW,
Whatever makes you happy :)
I measure and tr...CW,<br /><br />Whatever makes you happy :)<br /><br />I measure and track less on numbers per se.<br /><br />Annual return goal 10% - result 12% <br /><br />If STI that year returns 15%, should we be happy or disappointed? Is this benchmarking more about efficiency or effectiveness? <br /><br />I am like LP - I focus more on my entries and exits. <br /><br />Like a swordsman, if I improve my swordplay, my chances of survival will improve in combat. And that's what matters ;)<br /><br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-15202751563946406852014-02-18T08:29:18.437+08:002014-02-18T08:29:18.437+08:00ahmm, nothing to write...
lately very little thin...ahmm, nothing to write...<br /><br />lately very little things came out from my head, need a long break....coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-35751215452361107232014-02-18T07:49:45.898+08:002014-02-18T07:49:45.898+08:00sorry. amend need = meetsorry. amend need = meetCreateWealth8888https://www.blogger.com/profile/04870750974362417154noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-230718513353865852014-02-18T07:48:54.024+08:002014-02-18T07:48:54.024+08:00Trading is like efficiency? How well you turn over...Trading is like efficiency? How well you turn over your money.<br /><br />Investing is like effective? How well you need your financial independence goal<br /><br />CreateWealth8888https://www.blogger.com/profile/04870750974362417154noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-55932420752965925422014-02-18T01:16:14.327+08:002014-02-18T01:16:14.327+08:00B,
We can.
Start with those that matters.
Try w...B,<br /><br />We can.<br /><br />Start with those that matters.<br /><br />Try writing little notes to your girlfriend, wife, and lover.<br /><br />I hope for your sake all 3 are the same person ;)<br /><br />You Romeo you!<br /><br />LOL!Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-56388175473776646802014-02-18T01:08:09.819+08:002014-02-18T01:08:09.819+08:00Money Honey,
Hmm.... Pause. Pause. Pause.
Of cou...Money Honey,<br /><br />Hmm.... Pause. Pause. Pause.<br /><br />Of course the ideal is to be BOTH effective and efficient. <br /><br />But in the real world, being effective may mean we have to "sacrifice" some efficiency along the way...<br /><br />It's better to buy fresh flowers for our wives or girlfriends, than to save money by buying plastic flowers that last forever ;) <br /><br />In supply chain, we call it optimum result.<br /><br />In my investing and trading, I don't push myself to reach maximised returns. Optimum will do fine enough ;)Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-51074432200110541512014-02-18T00:51:23.101+08:002014-02-18T00:51:23.101+08:00CW,
I know what you mean.
I learnt from my Swedi...CW,<br /><br />I know what you mean.<br /><br />I learnt from my Swedish mentor (I've always like working with senior colleagues) never to read emails while we were on business trips. <br /><br />Other colleagues thought they were efficient by reading and responding to emails on the road. Again missing the main purpose of the business trip...<br /><br />They came back empty handed on the first day back to office. <br /><br />I came back with kick-ass trip report full of action plans and ideas - ready to send out first thing in the morning ;)<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-46788654167735641762014-02-18T00:29:10.303+08:002014-02-18T00:29:10.303+08:00l am looking forward to the day whereby l will kno...l am looking forward to the day whereby l will know the "effective" investment strategies so that my available funds (war chest) can be used in a more "efficient" way to achieve highest possible returns.Money Honeyhttps://www.blogger.com/profile/06816123060281181046noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-72586086293987974992014-02-18T00:23:15.702+08:002014-02-18T00:23:15.702+08:00LP,
I think our transport planners should visit H...LP,<br /><br />I think our transport planners should visit Hong Kong.<br /><br />Regular buses, mini-buses, and their MTR do duplicate their routes - yet at the same time offer different choices for the consumers as each mode of transport have their cons and pros.<br /><br />If one breaks down or is delayed, there is a ready alternative.<br /><br /><br />The recent flood in Bangkok also exposed the fragility of our global supply chains when key components were concentrated in a single location. <br /><br />In my previous life as a buyer, I've always fought against single sourcing. Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-28406510116155882052014-02-17T23:51:25.127+08:002014-02-17T23:51:25.127+08:00Hi Smol
I enjoyed this post of yours.
Even thoug...Hi Smol<br /><br />I enjoyed this post of yours.<br /><br />Even though we are in the advent of emails and twitters, the old days where one could call (voices) more often or even writing letters brings up more sentimental value than what it is today.<br /><br />Ohhh bring back those old days ;)Bhttps://www.blogger.com/profile/09041255778427742477noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-16362919263499609572014-02-17T22:41:16.746+08:002014-02-17T22:41:16.746+08:00Life was so much easier in those old days when off...Life was so much easier in those old days when office communication was so inefficient. <br /><br />Memo or work instructions from bosses or supervisors took days to reach us via office boy mail delivery service. <br /><br />Another few more days to clarify the jobs before the actual works got started.<br /><br />Shiok!<br /><br /><br /><br /><br />CreateWealth8888https://www.blogger.com/profile/04870750974362417154noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-92141193684584135012014-02-17T22:00:41.787+08:002014-02-17T22:00:41.787+08:00Hi SMOL,
Reminds me of something. In the past bef...Hi SMOL,<br /><br />Reminds me of something. In the past before the North east line (NEL) was set up, there are many buses plying the punggol, sengkang road. When NEL was set up, a lot of these buses are removed, in the name of making it more efficient and thus wasting less resources. When you remove redundancies and making things run with less, it just makes the whole system less robust when something unexpected happens. <br /><br />Maybe in trying to make something more efficient, the whole point of making a transport system that is robust and less prone to breakdowns and congestion is entirely lost. <br /><br />I agree we should all try to become less efficient without thinking the cost of being efficient. Good post :)la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.com