Thursday, July 31, 2014

The goal of a corporation is to maximize shareholder's value, true or not true?

I have gone through financial management course this last two weeks. Learning about money, capital, debt and other things that is so fundamental capitalism. The above question is the first question asked in the class by our professor. And yes, the answer is 'true'. But then, come up another question, is it right or not right?

Tuesday, July 29, 2014

Lit the little squirrel: Observation day

Once upon a time, in a country far north, lives a little squirrel named Lit. Lit is a highly discipline squirrel. He believes that the key to success is to maximize the use of his valuable time. He has a packed daily schedule and he extremely punctual to it.

Today is what he calls observation day. When the Bell Tower in the middle of University of Michigan central campus rings 6 times, he is already stationed at his favorite branch of his favorite tree situated in the middle of the Diag. Students from the university usually spend their afternoon there, just to pass time, reading books or just lazying around. This is the time when Lit can freely observe them and learn more on how to be a successful squirrel, after all, they say it is one of the best university in the country. 

Lit looks around and then he find something that seems interesting for him. There is this one girl. Lit recognize the girl. She always spend the afternoon at the Diag with her thin box that has picture and words in it. Today, the girl also have that thin box with her, but unlike the usual, she looks gloomy. She keeps looking at the thin box, tapping on the surface and sad expression comes to her face. Little Lit feels curious. The girl usually very lively, a little stupid perhaps, because sometimes she laugh by herself when she reads. So, this is unusual of her. Lit decides to approach the girl. 

He climb down his tree and running across the Diag and hops to the girl's side.