Dave Ramsey on life insurance

Quote (001-2010)

"Work is doing it.

Discipline is doing it every day.

Diligence is doing it well every day."

----- Dave Ramsey

Berkshire Hathaway (BRK.B) becomes even more affordable

With the stock now approved for a 50-for-1 split, it looks like I can finally accommodate some BRK.B in my portfolio. Great!

Tiger Airways IPO

Tiger Airways IPO

Public Offer: 12,386,000 offering shares
Maximum offering price: S$1.65 per share (proceeds of S$246.8m)
Underwritten by: Citigroup, Morgan Stanley and DBS

Important Dates:

18 Jan 2010 - Closing date and time for Singapore Public Offer
22 Jan 2010 - Commence trading on a 'ready' basis

Financial performance
- Operating revenues grew with a strong CAGR of 71.6% from FY06, reaching S$378.0m (US$268.3m) in FY09. Total revenue for the six months ended 30 September 2009 was S$206.1m (US$146.3m), representing an increase of 12.4% YoY.
- Net loss, on the other hand, stood at S$8.3m, better than S$25.2m in previous corresponding year.
- This compares to S$5,953.5m in 1HFY10 revenue and S$465.9m in net loss for SIA (3.5% of SIA's half-year revenue and 1.8% of its net loss)

A Quantitative Approach to Tactical Asset Allocation

Overheard this research discussed in a bloomberg interview (podcast). Good stuff