Tuesday, December 25, 2007

How To Hook Up Your Home Theater

Went to see the new National Treasure today. The movie wasn't very interesting but a short animation film before it was brilliantly funny. "How To Hook Up Your Home Theater" by Walt Disney Pictures.

You need to have the experience to setup a home theater to really feel the irony. I especially liked the surround-sourround speakers (and the subwoofer came with it, of course) and the super universal remote. You should go watch it, trust me, this animation itself is worth the movie ticket.

See a clip of it here.

Friday, December 21, 2007

Merrill May Get $5 Billion Investment From Temasek

Bloomberg news here.
Merrill has become the latest to join the league, turning to Singapore for capital infusion.

Wednesday, December 19, 2007

Morgan Stanley Posts Loss, Sells Stake to China

Morgan Stanley reported a steeper- than-forecast loss after $9.4 billion of writedowns on mortgage- related holdings and received a $5 billion cash infusion from state-controlled China Investment Corp.

A rather special phenomena in the current credit crisis is that the troubled institutions are turning to the reserve-rich developing governments for capital infusion. Notably China (Bear and now Morgan), Singapore (UBS) and Abu Dhabi (Citi). While the more traditional "white-knights" such as Warren Buffett have not shown up in the headlines much.

This could mark a sea-change in the emerging market investing paradigm: instead of being driven into the boom-bust cycle by FDI, now these EM economies are in the driver's seat investing their own capital elsewhere. Can they pass the road test? Guess we have to wait and see...

Friday, December 14, 2007

Wednesday, December 12, 2007

Wednesday, December 5, 2007

Photos from Trip to Hawaii

  • Snorkeling Shots
  • Island of Oahu
  • Big Island
  • Island of Maui
  • Island of Kauai
  • Pride of Hawaii