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Name: Tim
Country: Hong Kong
Gender: Male


Occupation: Accounting/Finance
Industry: Banking/Finance


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Member Since: 7/25/2003

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Thursday, August 16, 2007

I'm never a big fan of mustard. It's not the ideal steak complement. But tonight it came to haunt me again while I was munching a cheeseburger at Freshness Burger (at Ocean Terminal in TST, almost an replica of MOS Burger). It reminded me that McDonald's has that in their burger recipe as well, a small amount subtly mixed with onion bits you can hardly notice. All this means is that since the age of 5 I've actually had mustard in my McD burgers without realizing it was there. Stupid me. 

Tobasco is better.


Monday, July 09, 2007

Pictures from Patrick and Eva's wedding in Jakarta, 28 Jun 2007 - 1 Jul 2007: www.brianchau.com/photos/2007/0701PatEvaWedding/


Monday, May 14, 2007

After reading my email about how I've had trouble getting hot girls to be my gf, my friend Jon (currently working at McKinsey in Seattle) wrote the following economic analysis:

I think you have a few basic economic factors working against you.  (yes, clearly I've been in economics and finance classes all week).  Quality in this case would mean the overall value of the girl, and "price" meaning the total amount in tangible and intangible assets you are willing to give.

1)  You are in a market where the "supply" is constrained and "inelastic".  Even if the "price" your willing to pay goes up a lot, the supply doesn't change significantly - assuming you hold quality constant - it's not like ppl are going to have more daughters just because they can marry them off well.  In a more "efficient" market, you would have lower quality being matched to lower "prices", but since there is a great deal of "asymmetric information" in the market, the market operates in more of a first come first serve basis. 
 
2)  Since the market operates in a first come first serve basis, the guys that enter early on generally reap a bigger "consumer surplus", while those girls entering early would typically lose more of the "producer surplus" they may have gotten if they waited.  However, they are compenstated for their surplus by trading off "risk". 
 
3) As the age of both the guys and the girls go up, the girls demand more "producer surplus", but although the guys have greater "assets", their demand for the older women do not go up proportionally since there are "substitute" goods - i.e. younger women - who are willing to give up more surplus to offset risk.  However, because the markets are inefficient, it is difficult for these guys to participate in the substitute market.  Yet the demand for women steadily becoming more inelastic as guys age - so for the same quality they are willing to pay a higher price. 
 
Net net, since HK is so small, it is highly likely that all the good ones are taken early on, since any one that's got a good one will keep it.  The older you get, the more demanding the woman, and for the same quality you'll need to have more money/more love than before.  You have 2 choices to optimize your surplus:  go younger so you can get high quality for low "price", although you take on greater risk, or shell out a high "price". 
 
Otherwise, you should exit and participate in a different market - I hear China is growing... ;) 
 
Econ is awesome.  It's so full of shit.  HAHAHAHHAHHAHAA...


Sunday, May 13, 2007

I hit 266 yards with my r7 at KSC today. I wasn't trying to hit hard... I just let it rip.


Tuesday, May 08, 2007

Not long ago I learned how to drive great distance. But the shot was usually a slice - the type in which the ball curves in the shape of a banana - starting out to the left of the target and then bending dramatically back to the right of the target. It is the most common mis-hit of amateur golfers. A lesson with Coach Lai at KSC on Labour Day fixed that alright. The key for me was to make sure the shaft gets parallel to the ground during downswing and turning both wrists upon impact. Now I can hit straighter than before.



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