Skyhooks versus Cranes

http://chartercities.org/blog/72/skyhooks-versus-cranes-the-nobel-prize-for-elinor-ostrom

Paul Romer made a very good point by pointing out: One of the central challenges in understanding failures of economic development is that in many places, police officers don’t follow the rules they are meant to enforce. 


This is what is happening in China now. We have everything figured out, and the only problem seems to be that  no one bothers to do those righteous things.

The power of twitter

如果你不在Wall Street，意味着信息劣势，但现在这些都随着twitter有所好转。在今天10:20AM（美国时间），RIMM的股价开始突然攀升，要么是有正面消息，要么是有大笔买入，后一种可能随着股价的维持高位而淡出。虽然我持有RIMM也是基于M&A的可能性，不过这一猜测还没有得到验证。

在twitter上，大概10:25AM开始出现消息是由于Icahn入股(不知道他们是从什么渠道得到的消息)，而正式的渠道呢？Forbes，10:48AM，WSJ blog，10:53AM...

最近看的三部不错的电影

Paths of Glory

库布里克导演，柯克道格拉斯主演。场景，剧情和其中的黑色幽默有点类似Dr. Strangelove。这是我看的第一部柯克道格拉斯主演的电影，不得不说，麦克道格拉斯简直就是他父亲的翻版，尤其是说话的神情和语调。

The Great Debaters

一部有关美国种族歧视的纪录片，两个主演Denzel Washington和Forest Whitaker不错。

The Insider

基于真实故事改编的一部有关新闻自由和美国烟草业的剧情片。和第二部一样，Al Pacino和Russell Crowe的演技非常出色，尤其是Russell Crowe饰演的角色和他本身差异较大，能演好实在不易。

Poor Kweku Adoboli

Maybe my quick bucks had his contribution.. Anyway, in forex market, as Bill Lipschultz said, the most important thing is to ``stay in the market."

Memory....

Not a day goes by I don't feel regret, and not because I'm in here or because you think I should. I look back on myself the way I was...stupid kid who did that terrible crime...wish I could talk sense to him. Tell him how things are. But I can't. That kid's long gone, this old man is all that's left, and I have to live with that. 

--- Red,  the Shawshank Redemption

I was reviewing the draft posts just now. Saw an unfinished post written three years ago. I talked about prime numbers and its extension in other scientific areas, based on my reading of the book "The music of the primes" by Marcus du Sautoy.

I was buried in books right then. Could probably check out 300+ books each year. Once found an interesting book with some positive online reviews, I would rush to the library to check it out. I usually couldn't finish the whole book, but it just took me 2-3 days to finish 30-50% of the book so I could come to a rough conclusion.

The time's long gone. I can't remember the last time I picked up a book and enjoyed the fun of reading. And do I have to live with that?

Remember, Red. Hope is a good thing, maybe the best of things, and no good thing ever dies.

--- Andy,  the Shawshank Redemption

OM-Finance Interface

前一段被热炒的中国概念股在美国和香港被做空的消息，如果把Sino-forest看成这轮beta creating的loss leader，这个是不是也能归为OM-finance interface的研究问题

Black Swan...

EUR and CHF pegged.. And I watched EUR/USD jumped from 1.41 to nearly 1.43 in a few seconds. Luckily, I made a few quick bucks from the extreme volatility instead of being killed.

又送别两个朋友告别香港

送元二使安西

王维


渭城朝雨浥轻尘，客舍青青柳色新。
劝君更尽一杯酒，西出阳关无故人。

织月6年古酒

25度，除了传统的清酒的体验，味道更浓郁，略有蜂蜜和花香的感觉。

This is the spark that is going to kill Apple

http://www.readwriteweb.com/enterprise/2011/05/build-cross-platform-widgets-i.php

Silver/Gold Ratio in 3 Days

Drop from 0.0316 to 0.026. Silver might have a short rebound after breaking the 40 support. It is right to take some profit and to reduce the bet against silver for the moment.

TN: 2002 Bond St. Eden

What a wine! Fruity upon the open, but on palate, you can feel something underneath. After one hour aeration, it begins to open up. The fruitiness is now companied with chocolate, plum. Another hour later, the wine becomes more spicy. Sweet and chewy. Meaty with emerging hint of coffee. Very long finish. It's a pity we finish it just two hours after decanting. It may show new flavors with more aeration. Can be enjoyed now but not fully developed. Should lay down for another 3-5 years.

On Silver

I am shorting silver, in a middle-term. A safer way may be to long the gold/silver ratio. That is, in another sense, to bet the role of silver as a hedge against inflation is relatively overvalued.

City lights

Taken on a bridge over Shatin River.

Doodle Jump

Doodle Jump其实就是反映了一个人类的本性，老老实实的可以一节一节往上爬，但正是由于在途中经常出现不同的诱惑，甚至同时有多个，玩者举棋不定，难以取舍，反而最终坠落。这也正是从Behavioral的角度解释为什么即便是个体优化，决策集增大表现不一定也是递增。

Mind mapping software

偶然在chrome store看到Mind Meister，回溯回去发现mind mapping软件系列，不少都是开源的。装了一个Freeplane，还不错，使用起来比较简单，将来写paper可以方便一点，也便于和collaborator之间交流。

Chrome apps

It's good. Very handy tools for online browsing. However, Google needs to redesign the Chrome layout a little bit.

单口相声-幸福童年

http://www.tudou.com/programs/view/v6vKzxvsctg/

段子包袱抖得挺好，但线索有点乱。方清平的功底还是略显不足，如果换杨议（杨少华五子）说应该也不错，整段有些内容杨少华说起来会更出彩，不过不是全部都适合他的风格。

2006 Chalis La Forest V. Dauvissat

My first bottle of the famous Chablis wine. Really not my type of wine. Great acidity and a long finish. But on palate, there are just undetectable hints of mineral, apple and honey. Maybe too early to open or aeration can help? Will try it next time.

2nd bottle: I opened the bottle and laid it for two days. The aeration does improve it a lot. The acidity fades away and the wine shows more balanced sweetness. Maybe someone may say it has lost its character. But it's more of my wine now.

Dr. Strangelove

An incredible movie.