Tuesday, December 28, 2010

Logical thinking

Post 75 Love can be blind

Logic is the study of arguments. One who is logical is good at critical thinking. In any argument, one must use one's logicality to convince one's opponents. Nevertheless, at times a logical explanation is not needed and is conveniently overlooked.

A boy wanted to date his girlfriend out for dinner. She was to answer his question correctly before they would go out together. He put out his closed palm and asked her to guess what was inside the palm. The girl without thinking much said, “An elephant!” The boy thought for a moment and said, “Well, the answer is quite close. I shall buy you dinner.” This was glaringly an illogical answer! However, the flaw in her might not have seemed to be too great to the boy at that moment and he took no pain in correcting her.

On another aspect, parents who spoil their children without correcting their mistakes on the spot have overlooked the importance of discipline and that a stitch in time saves nine. The over-indulgence of parents on children breeds spoiled brats with behavioural problems. By not disciplining their children when there is a need to do so, they fit in well with the proverb: “Spare the rod and spoil the child”.

28 December 2010

Tuesday, December 21, 2010

What price a glance?

Post 74 A glance of honour (一顾之荣 yi gu zhi rong)

There was a man who was an expert in judging horses. He was affectionately called Bo Le (伯乐), the name of the star in charge of heavenly horses in ancient Chinese mythology.

Once there was a person who tried to sell his horse at the market but there was no buyer. After failing to strike a deal on three attempts, this person went to see Bo Le for help. He requested Bo Le to just cast a glance at his horse and, before leaving the market, turn back to briefly glance at the horse again. Bo Le followed the instruction of the man. Soon after Bo Le had left, there were many interested buyers who offered to pay ten times more for the horse.

Initially this metaphor was for someone who had gained more status after having some social graces with a famous personality. It is now used to describe the honour of having a distinguished guest gracing an occasion or visiting a place. When a distinguished guest like the Prime Minister visits a school, that school is being honoured by a glance.

21 December 2010

Tuesday, December 14, 2010

A wheeler-dealer

Post 73 To be professional in one’s dealings

A wheeler-dealer is an Informal term for one who bargains shrewdly or advances one's own interests by aggressive or unscrupulous behavior. There is a lack of professionalism in one’s business dealings. Hence a successful sales person always steers clear of the wheeler-dealer mentality.

Fan Li (范蠡) was an ancient Chinese advisor of ministerial rank. He later resigned, renamed himself Tao Zhugong (陶朱公) and became an icon in business management. His book on “Golden Rules of Business Success" (经商宝典) which includes Twelve Business Principles and Twelve Business Pitfalls remains relevant till today.

Tao Zhugong, a tycoon himself, was a man of principle who was against those who wheel and deal in a selfish and unscrupulous way. His first golden rule states that one must have the ability to know people’s character. A wheeler-dealer is easily detectable because he can fix anything for a price.

Tao also gave the advice that one should not give in to herd instinct which is the instinct to think and behave like the majority of people. This herd instinct is common in share markets.

A wheeler-dealer who is over zealous and canny in his business dealings may ruin his character.

14 December 2010

Tuesday, December 7, 2010

A pipe dream

Post 72 Dream of Southern Branch (南柯一梦)

In the Tang Dynasty (618 – 907), there was a man called Chunyu Fen who became drunk and dozed off under a scholartree on the southern part of his house. He dreamt that he was chosen to marry the princess of the King of the state of Scholartree. He became a governor for twenty years enjoying his glory and riches with his seven children who also did well in life. Unfortunately he lost everything when the King did not trust him anymore.

Chunyu Fen woke up to realize that he just had an illusory joy in his dream. He tried to look for the country he had been in his dream. He found that the so-called state of Scholartree was just an ant hole under the Scholartree on the southern end of his house. It was a pipe dream. What had happened to him in the dream was near impossible to achieve in real life.

One must learn to be positive, realistic and down to earth. It is wishful thinking to assume that one can be successful just by dreaming.

7 December 2010