Scanning.. with that pretty mischievous and thoughtful look as usual..

The founder and the big boss of the well-known social network ‘Facebook’ – Mark Zuckerberg  has lately introduced so called a new set of terms of service.  

Many changes and amendments were evident nonetheless, amid noticing a peculiar inclusion of one such term that suggests ‘Facebook’ would retain personal data even if someone deleted their account..!!! howz that???

That’s gonna be interesting…  :)  

Will this be another ‘google’ ..??? 

So, will have to wait and see, whether Mr. Zuckerberg indeed gonna learn the hard way.. that a social network is definitely nothing like e-mail 

Lets wait and see…! 

 Mr. boss with his ‘technical’ advisors..

A divine tropical Island-nation filled with natural beauty that reminds me and easily resembles ‘Bahamas’ in America or Bali Islands in Indonasia, is largely threatened by global climate change and rising sea levels.

The blissfully peaceful Maldives Islands, and it’s untouched and un- spoilt white sandy beaches supplemented by the tropical reefs attracts nearly a million tourists

   to this small Indian Ocean tropical island nation every year..

As I see outside my window, the silver line that spreads through the horizon that resembles the saying:

“Every cloud has a silver line..”

Nonetheless,

likewise.. it is also a fact that not everyday.. a ‘rainy’ day..!

 view of the sun-set on next to a ‘perfect’ day! 

Truly.. ‘astonishing’: the manner in which how One Guy.. really managed to inspire a ‘zillion’ people.. shining at the helm of the ‘Universe’.. Amazing what ‘hope’ could bring about!!

‘Mother America’: she made her self proud and ..

– made it very clear to the entire universe..

when she did prove with an initial stride of ‘hope’:

that aren’t prepared to let the democracy die.. and

that ‘true-democracy’ still a possibility.. even in the U.S.

New York – Jim Quigley, CEO Deloitte Touche Tohmatsu, have commended the U.S. Securities and Exchange Commission (SEC) for taking the next step toward the adoption of International Financial Reporting Standards (IFRS) within the U.S., and the ultimate development and adoption of a single set of globally accepted, high-quality financial reporting standards.

“The decision by the SEC to provide a comment period on a road map for the eventual adoption of IFRS by U.S. companies is essential to ensuring an orderly transition to a global system of financial reporting”. An appropriate roadmap has been a critical enabler for the more than 100 countries in Europe and Asia that have successfully adopted or committed to transition to IFRS. Further, the SEC announcement is an important step on the journey to a common language for our global capital markets.

“Our capital markets are global, and the markets will be more efficient and effective with a common global language. Today’s action, is a win-win for all capital market participants. It will also facilitate a more efficient allocation of capital across geographies, and ultimately enhance U.S. competitiveness.”

– Deloitte Global Review

At Deloitte Global Offices

The billionaire businessman’s patience, discipline and willingness to act when others won’t are what make him a superior investor.

At 77, Warren Buffett is no spring chicken. The fact is, most people his age are looking to get money out of the market rather than put money into it.

Yet Buffett is continuing his life’s work in the same way he always has.
See, in helping privately held Mars buy Wm. Wrigley Jr. a couple of months back, the billionaire investor and chairman and chief executive of Berkshire Hathaway made a deal with zero liquidity in sight. That’s precisely the opposite of what you’d expect from virtually all investors in private companies (particularly venture capitalists), who demand a clear path to liquidity from the start.

The Oracle of Omaha has long preached that the long term is the only view for an investment – even if the investor is beyond retirement age. He’s said before that his ideal holding period is “forever” – and the Mars-Wrigley-Berkshire deal is yet another example of Buffett putting that theory into practice.

Yet most investors have not learned this lesson. The average holding period for a stock is less than one year, according to recent data from the New York Stock Exchange.

Buffett’s patience, discipline and willingness to learn from his mistakes and act when others won’t, make him a better investor than you are..

Those aren’t his only advantages, though. Not long ago, we wrote an article highlighting the reasons Buffett is a superior investor. It seemed like a truism to us — the man has built one of history’s great fortunes on the power of his investing acumen, after all. But some readers took offense.

Heaps of stories tells that Buffett has tons of advantages over the common man, ranging from his enormous cash war chest to his access to executives and other privileged sources of information.

While its true that few other investors could have contributed $3 billion to Dow Chemical’s recent buyout of Rohm and Haas having lots of cash isn’t necessarily the advantage many readers made it out to be.

Buffett’s enormous cash position is actually a huge disadvantage when it comes to earning exceptional stock-market returns. It essentially prevents him from investing in anything other than liquid large caps.

Just glance at Berkshire Hathaway’s filing, and while you’d also recently find tiny liquidation play Comdisco Holdings, you’ll predominantly find multibillion-dollar companies such as Bank of America, Office Depot, NRG Energy and SunTrust Banks.

While those are solid companies, their size illustrates how small a pond Buffett generally fishes in (Comdisco is a shocking exception). According to Capital IQ, while there are more than 25,000 companies trading on the world’s stock exchanges, there are just 2,130 capitalized at $3 billion or greater. That means Buffett’s cash position effectively locks him out of 91% of public companies.

Further, because Buffett has said he won’t invest in technology stocks, he’s out another 585 opportunities, including companies he reveres, such as Google.

All in all, Buffett is restricted to a universe of some 1,545 stocks – which is far from ideal. In fact, Buffett has said that he could earn 50% annual returns each and every year if he had just $1 million to invest, because it would give him free rein in the market.

With just $1 million or less, Buffett could have taken advantage of recent ridiculously cheap opportunities in the micro-cap sector, such as when $19 million SmartPros traded at an absurd 1.7 enterprise-value-to-free-cash-flow ratio.

But because SmartPros is so small, Buffett never bothered with it.

The exact same information
As for an informational advantage, yes, Buffett has connections. But when he bought a big stake in PetroChina, he admitted the only research he’d done was to read its annual reports. In other words, he acted on the exact same information available to all of us, and the producer of two-thirds of China’s oil and gas tripled during the time Berkshire owned it.

This brings us full circle. It isn’t anything artificial that makes Buffett a better investor than you; its his patience, discipline and willingness to act when others won’t.

Buffett’s abilities did not develop overnight. It’s been a lifelong process – one that he began at age 11. So while he may be a better investor than we are today, we can at least learn from his experiences and – like he did – become superior investors over time. That means:

Buying for life (or, at least, the long term).
Buying small (perhaps our lone advantage).
Buying based on thorough research and due diligence.

- Bottomline

In front of the century-old monument, Taj Mahal (Agra)

At Idaho Falls, Yellow Stone. (NA)

Twin Falls, Yellow Stone. (NA)

.. ..
- Sun Valley / Stanley.

At Lawry’s right beside the lake – The Quays, Salford (North West)

a relaxed moment up in Sun Valley..

Denver/ Fort Collins – Colorado D. C.

- Lake District, Blackpool. Pocetello – ID

http://picasaweb.google.com/sean.zaroff

Taj Mahal, Agra

Red-Fort, ‘gate-way’ to the great Taj Mahal.

An absolute divine site with a complete serene atmosphere..!

– House-boat tour, at Kerela. —

Deloitte Global CEO, Mr. William G Parrett at the Deloitte Global Forum in Shanghai on 27th March 2007

The Deloitte Global Forum was a huge success with Government officials and business leaders gathering to discuss the future opportunities for the domestic and foreign investors in China in terms of Trade, Finance, Talent Management, and Competitiveness, as China heads for a more mature and sustainable economic environment.