How Do People Accrue Wealth?

(Toyland: How can she get out? What if someone grab some toys and run away? What if she has to answer the nature’s call? These were all the questions on my mind when I walked past this street kiosk virtually surrounded by toys from top to bottom, right to left. The lady was the only one working in the kiosk)

Forbes has named Warren Buffett, the American investor guru, the world's richest man to unseat Bill Gates from the global throne of riches for 13 years. Buffett accrued his US$63,000,000,000 (£31bn) fortune over more than fifty years of mostly shrewd investing.

How do the wealthy people accrue so much money? Let me give you an example.

I have a friend whose aunt operates a toy factory in China. Her factory makes soft toys of cartoon characters as those shown in the photo. Some ten years ago, it costed her US$5 to manufacture a big box of such soft toys. When the toys are finally sold in the toy stores, the customers paid US$50 each.

There are overheads to pay for sure. But the toys are pretty lucrative.

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New Low Prices

The window shopping some hours ago has almost provoked my AgIDS illness. Just in case you’re in Hong Kong or are coming here, and have the money to burn (All in HK$/ body only): GX200 = $3,280 GRD2 = $3,380 LX3 = $3,180 G10 = $3,280 Prices are available form a gear shop on the 1st floor of the Mongkok Computer Centre. Besides these new low prices, I found that Wing Shing Photo (55-57Sai Yeung Choi St., MK Tel: 2396 6886/ 91-95 Fa Yuen St., MK Tel: 2396 6885) is offering a Sony A700 + Carl Zeiss Lens package for HK$9,980 (hopefully, a bargain will make it some hundreds cheaper).

Eye Contact

(Leica D-lux 5) The digital era may make it easier to end up with fave shots. Even lousy photos may be turned likable after a few clicks in the post-processing workflow. But if digital advancement or amendments have any bearing on the cultivation of personal style, no photographers will need to discover his or her own photographer’s eye. Undoutedly, this is out of the question. Only with a trained photographer’s eye can we give a thinking gaze and capture an eternal moment, in our unique style. Style is the soul of a great photo. A few posts have been written in GXG to touch on the topic of photographer’s eye. Instead of finding an answer, which would require academic discussions, the posts are intended to give my general reflections and spark interests in moving towards further exploration of the topic. The posts can be viewed after the links: 1) Photographer's Eye: Storytelling 2) Photographer's Eye: Little Show of Observing 3) Photographer's Eye: Sight-Worthy 4

Ricoh Camera Giveaways and the New GRD Bet

The recent months have seen Ricoh’s heavy-handed promotional efforts. Apart from the photo contest in collaboration with Greenpeace concluded some weeks ago in Hong Kong, there are three more chances for aspiring photographers to get free Ricoh cameras. There are lots of Ricoh's cameras to be given away. (A poster about the photo contest co-organised by Ricoh, Greenpeace and Jurlique for Hong Kong only, which was concluded in May. Winners are to be awarded with airtickets plus hotel accommodation, several fully-geared GX200 and CX1 cameras) Ninth Ricoh Photo Contest The first one is open to contestants from around the world, namely, the Ninth Ricoh Photo Contest to close on 21 August 2009. The theme of the contest is easy on the surface, but actually requires some effort to ponder on and express in the final image. The prizes are: Main Award: GR DIGITAL II + optional lenses and accessories (one person) Special Award: GR DIGITAL II (5 persons) Photo St

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