Archive for October, 2010

Elections: It’s not about the Party, it’s about the COUNTRY

Tuesday, October 26th, 2010

Sun Tzu said that a strong country is one that is unified in support of its own government. But what are we seeing in our country these days?  “Nattering nabobs of negativity,” to quote that famous statesman, Spiro Agnew.

Yes, it is an election year, and issues need to be discussed, but ARE they?  It seems to me that there is a lot of schoolyard mud-slinging instead of the constructive and unifying ideas that uplift the people and the country as a whole.

Focusing on the questions of “Who might control Congress,” etc. is not really forward-looking thought.  It is divisive.  It is not about unity.  A country that is not unified in its goals and intentions is not a strong country.  A divided country cannot be a Superpower. 

A bickering, petty gaggle of policians  jockeying to promote their agendas ( i.e. the rewards of their special-interest groups) are certainly not an inspiration to the younger generation of our country.  Prominent business leaders and CEO’s who have lined their pockets at the expense of the taxpayers have been an embarrassment to the country, and a disillusionment to our youth.

The kind of government that Sun Tzu advocated was a government of leaders, of statesmen, not of petty politicians.  Sun Tzu’s vision of a leader was one that not only had the loyalty of the citizens, but also of the military.  The military functions at its best when there is belief in the cause of the country as a whole. Pride in one’s country is a key to military strength and image.

As citizens we have an obligation to ourselves and to our younger generation to discern which candidates truly have the interests of the people first and foremost in their policies, and to get out and vote for them.

http://www.artofwaronwallstreet.com/

FAQ About the Book

Tuesday, October 19th, 2010

Why did you write this book?

     I wanted to provide the public with an easy-to-read, easily understandable guide to Sun Tzu’s Art of War.  This is an expression of a cultural value that I grew up with: to share — for the general upliftment of others, and to express gratitude for all the benefits I have received through the efforts of those who came before me. 

As my mother always told me, “When you drink the water, remember where it came from.” This is my way of expressing my appreciation of the American economic system, which has enabled me to provide comfortably for my family.

Why did you combine information about investing in the Stock Market in an Art of War book?

     I had successfully applied Art of War strategy to my own investing in the Stock Market, and I wanted to share my insights with the public.  And also, it was my way of showing that the concepts of The Art of War can be applied to just about anything.

Is there any source of information about The Art of War that is superior to what you have written?

Perhaps some texts could be researched in Hong Kong, Taiwan, or mainland China.  But they are not easily accessible to the general public.  Plus, there is always the language barrier, meaning that even if a Chinese-speaking scholar understands the fine points of the text, there is no guarantee that he/she can render it into English accurately.

Your book is only 158 pages long.  How can you convey all this information in such a relatively short span of pages?

Sun Tzu’s teachings were very direct.  There is not any excess verbiage in the Thirteen Chapters that Sun Tzu has left us.  And accordingly, my insights on Wall Street are direct and clear.  I made a point of matching them to the principles that Sun Tzu presents.  The book is not bulky or burdensome to carry in your brief case or purse.

Well, then, since the book is not large or heavy, why is it so pricey?

Because it has great value.  It contains material that you could spend hours looking for online or in research stacks, or in musty old Chinese bookstores, and never find as complete or unified a compilation of the true principles of The Art of War. You could spend more money for dinner out and a few drinks for only one evening, and have nothing to show for it afterwards. 

Also, in terms of economics, the investor who makes use of the valuable strategies that I suggest will reap a return that far surpasses the money spent to buy the book!

http://www.artofwaronwallstreet.com/

Why Aren’t Universal Principles Universally Applied?

Tuesday, October 12th, 2010

The principles presented in Sun Tzu’s The Art of War are universal principles that are actually quite simple and can be applied to a multitude of disciplines.  Granted, in the limited manner that they are currently understood, they are being taught in business schools and in military settings, as well as in politics.  This is true in the East as well as in the West.

I believe that the reason Sun Tzu’s teachings have not been extended any further than they presently have been is because the wording is deceptively simple and it has been too easy to overlook the deeper and more universal implications.  Even over Chinese history, only a handful of military generals have understood and throughly applied the concepts.

The writings themselves are so simple and so familiar in the Chinese culture, that they have been assimilated into  many aspects of the culture, without an awareness of their source.  If this is a problem in the Chinese culture , it is obvioulsy even more so in the West, where the quotations are much less likely to be part of the common vernacular.

Readers of English who want to experience The Art of War normally find themselves reading the Giles translation, which is written in what is now considered archaic English.  Others who have attempted to clarify The Art of War have basically tried to rework the Giles material.  Or it has been a combination of rewording the Giles translation, and adding unto it some additional translation by current Chinese scholars. 

Even that material is basically lacking in depth because even the current Chinese scholars are not fully aware of the connotations or the intentions of the original material.  Even those Chinese scholars who are able to discern the true essence of the 13 Chapters have not been able to convey that true essence into the English language.

My book, The Art of War Applied to Wall Street, and its complete rendering of the 13 Chapters, is superior to the previous English tranlations for two reasons:

First, I was born in Macao, China and raised in a very traditional Chinese family steeped in Chinese culture.  I graduated from Taiwan University, and completed my graduate work in the United States.  I have lived in the United States for over 38 years.  I have run several businesses that have required intensive interaction with the American public over that time.  I have been deeply embedded into the American culture.

Second, my co-writer, Pat Kuzela, has been associated with me for over 8 years, and because she is so familiar with my manner of expression and my philosopy, that she has been able to put my ideas into writing with great accuracy.  Nothing has been lost in translation. 

Sun Tzu’s principles are so universal that they can be applied to many more fields than they have so far.  This is now possible because our translation is not only thorough, but it is such a “good read” that readers will be inspired to apply the principles to just about any discipline they desire.

http://www.artofwaronwallstreet.com/

The Book is Ready to Order!

Tuesday, October 12th, 2010

The Art of War Applied to Wall Street is now available to the public!

To puchase your copy, go to

 http://www.artofwaronwallstreet.com/ and click on the button.

“The Art of War” and “Money Never Sleeps”

Tuesday, October 5th, 2010

I recently enjoyed the film “Money Never Sleeps.”  The film dealt with the collapse of Bear Stearns, future energy trading, and massive government bailouts.  As in Oliver Stone’s previous film, “Wall Street,” the focus was on the effects of insider trading.  Both movies are a wake-up call for investors.  What was shown in the films were not isolated incidents; they are frequent events on Wall Street.

As you look back from “Black Monday” in 1987, through the “internet bubble” to the “energy crisis,” to the “mortgage bubble,” it becomes clear that  these crisies are part of the ongoing scenario on Wall Street.  This year on May 6th, the market went down a thousand points in 15 minutes, and it was  blamed on “computer error.” 

It is only logical to assume that some human input is involved in “computer error.”  Regardless, it is obvious that these financial “crises” are going to recur again and again. What was called “leveraged buyout” in the 1980’s is now called “mergers and acquisitions.”  Different name, but same effect.

The “intenet bubble” occured because the analysts stressed “future growth” instead of fundamental analysis.  The “mortgage bubble” was ignored by rating agents who continued to give some brokers triple-A ratings., Yet even the typical citizen knew that there was a serious problem. Later investigation deemed the bubble to be the result of a mere “honorable mistake.”

In the Bernie Madoff case, the SEC had investigated Mr. Madoff three times and could find nothing wrong.  Yet a whistle-blower went to Congress and finally charges were brought.  Even so, one year later, only two persons have been convicted. 

As long as capitalism is the major economic system of the world, these events will continue. 

As long as capaitalizm is the major economic system, people will invest in order to make money.

We cannot change Wall Street.  All the books out there that discuss “technical analysis” and “fundamental analysis” miss the key component—politics.  Politics and Wall Street are always connected. The bailouts of the past two years are actually politically motivated.

The public may accuse people like Bernine Madoff of being too greedy, but who put the money into his hands?  The investor who wants to make money on a deal that is “too good to be true.”

The game is changing.  There is a “new breed” on Wall Street–the EFT–”Electronic Frequent Trader.”  The EFT uses  computer technology to dominate the market.

In my book, The Art of War Applied to Wall Street, I show the reader how to apply the whole concept of “The Art of War” to the world of investing.  I present the concepts and principles of how to” know yourself and know your enemy”  The book is not about what to buy, or when to buy.  It is about the structure and operation of Wall Street (”Know your enemy”), and it is also about the strategy and mindset (”Know yourself”)  needed to play the game in the new circumstance.

http://www.artofwaronwallstreet.com/