Update: The letter is finally out about a month ago, and can be found here. It … Warren Buffet: Letter to ShareholdersRead more
Archive
Earlier essays and commentary on economics and finance, 2006-2025.
Banking profit and real sector
Indonesian banks booked a stellar performance in 2010. The industry pocketed more than Rp.57 trillion of … Banking profit and real sectorRead more
Inflation alerts!
Asia is facing an impending battle with inflation, and it will be a very long one. … Inflation alerts!Read more
Beyond BRIC
Goldman Sachs’ BRIC has gain popularity and now considered a mainstream category for the biggest four … Beyond BRICRead more
Cost recovery or damage control?
Cost recovery is common in oil business. It is used in the oil exploration contract sharing … Cost recovery or damage control?Read more
Environment or trade?
Late February 2009. I was sitting in a big ballroom facing two large screen showing overly-repeated … Environment or trade?Read more
21st Century Kids – the next level of consumerism
I sit in front of a city square by the Main Square Cafe, having a cup … 21st Century Kids – the next level of consumerismRead more
Year end resolution
Few days toward the end of the year, the global economy is looking pretty good. Most … Year end resolutionRead more
Development and freedom
Amartya Sen is probably the last living economist who has been honestly looking at how development … Development and freedomRead more
Buffet broke his rules
Remember the famous line in Warren Buffet strategy in investing? ‘Never invest in a business you … Buffet broke his rulesRead more