Sunday, October 26, 2008

船到桥头

Nobody in the right mind would want a recession.. but when it happened, there's really nothing much an individual can do. Sadly (perhaps thankfully), i was a year late in graduating. By now, the landscape have changed so much that it is no longer easy to find the 'right' job. Nothing like this before.. not 911, not even sars.. and certainly not the 97 crisis can par. So what is it? 1929 in 2009?

As a retail investor, of coz i don't feel happy that my investments are gone like that. Yet on the macro scale, it isn't my wish to see the FIs suffer just becoz of this. Just really too bad that things had to turn out to be as such. Of coz there are certain individuals who really have to take a lot more responsibility then the general public. As such, the free market theory can no longer function under the influence of behavioral finance.

Why do 10,000 investor have to make a lot more s/h suffer? Actually, both parties are the victims - victims of this financial crisis. For who is really responsible, perhaps there is no answer. Finger pointing to history, might as well blame the ones who discover the new world.

Anyway, after the blood-letting of friday (of which IMO is over-reaction in the SR), it just proved that this is no ordinary crisis. Already on the way to 1600 pts and below, 50% of the index wiped out just a year after the bubble.

The usual crowd seems to be hibernating somewhere, even on a saturday. Something is not very right somehow.

Was at boiler today for a belated bday celebration of some sort. Of coz was very delighted in seeing my schoolmates, especially the OG of long ago. Really, i never regret joining the orientation camp 4 years ago, and i wondered whether is it possible to forge such ties in the jobbing world. Too much complications and competition, it won't be easy.

Finally having some hint on my path.. and perhaps might end up in the chocolate factory after all as a replacement. The greater future is too far to foresee, and it is my wish to be of some help after a quarter of a century. It was never the pay, for i owed too much. So long as the village (and the chocolate factory) is safe and sound, i will be very glad.

Will be very busy for the coming month due to some personal matter to attend to (i'm not getting married by the way...lol), and if i fail to attend to any bday celebrations, i will sms the bday wishes.. so no worries. Will only be free around december. And then the finale for this whole load is at NSC on 7th jan (perhaps later due to one more schedule and the outcome) the following year. Hopefully not something in the LR. In some way, it is not something to not worry about, yet it isn't something worth being sleepless over. I'm sure that 船到桥头自然直.