Rubik’s cubes and the stock market…

Hey

I came back a few days ago after completing the vacation work for my Electrical Engineering degree course. It was a great opportunity to learn and was time well spent. A company like Fluor is truly impressive.

As I posted a couple of weeks ago, I’ve started playing around with Rubik’s cubes quite a bit. I ordered cubes from Cube4You a while ago, and they arrived within 3 weeks (China to South Africa), so I was very impressed. I ordered a 3×3x3 DIY cube which is super smooth (best solving time is 38.11sec), 4×4x4 “Rubik’s Revenge” and a 5×5x5 “Professor’s cube”. I’ve been playing with the Professor’s cube lately, solving time is around 20mins still though.

Since I’ve gathered a bit of a lump sum in my bank accounts I’ve decided its a good time to invest some of it, since the interest earned on the money while it’s sitting in a bank is very very low (with inflation, you’re likely to be losing money.) Even though there is a lot of interest in growth stocks, I am more concerned with value share investing. And I guess most of us have heard the name of the king of value investing, Warren Buffett. I am currently reading Buffettology, after which I’ll read The Making of an American Capitalist. Buffettology has been an incredible book so far. After reading a book on growth stocks, titled “Become your own Stockbroker”, I realise that value investing makes much more sense in the long term. Of course this long term effect allows one to take advantage of the effects of compound interest. I’m trying to learn as much as possible before I make any investments myself, but the lull in the global markets may just present me with an opportunity to buy value shares below their intrinsic value.

As for an update on electronics, sadly, like many of my ideas, it has been all but forgotten. It’s too expensive and I think its wiser at this stage to try grow my savings.

On a side note, my girlfriend and I have been together for over a year now (anniversary was 02/01/08.) I should really upload a nice picture of her.

Cheers
Eric