Lesson Nine and Ten

Caution: I just draft the stuffs that I remember in the lesson which are not included in the handout of the instructor, so hopefully I do not interpret and remember something incorrectly.

-日光族處境比月光族更嚴峻

-buy bonds which are due at different periods

-traditional family Vs Single parent family > what are the differences except there is one more people in the family? (我咁記得呢句係因為我對呢對說話好有感覺)

-ROE= profit/equity

Simon's recommanded books :

- 投資學堂 = The investment workshop / 譚紹興著.

-On Competition by Michael Porter

>>>1. cost leadership 2. differentiation(quality/extra facilities) 3. Focus( specific skills)

>>>Porter's Five Forces

1. Bargaining power of Buyers 2. Bargaining power of Sellers

3. existing competitors 4. New entrants 5. Substitutes

extra info: http://www.vectorstudy.com/management_theories/porters_five_forces.htm

- Business @ the Speed of Thought: Succeeding in the Digital Economy by Bill Gates

This was the last lesson...隔離飯香 I envy CUHK hotel school students who are taught by Simon. My best friend @ hotel school said he skipped his classes...what a waste...he is a good instructor and superman( I am wondering how he can do things so efficiently)....you know, although it is a 4-hour lesson and I am always tired, I never fall asleep.

I will have a long winter break and I know CU starts its spring semester much earlier than UST. If I am allowed to attend his lessons or follow him whatever during that period, it will be sheer bliss to me

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Yeah!!! I have asked him and I am allowed to attend his lessons in January! Yeah! Follow him!

The only deplorable thing is that the exam of this course is coming very soon...