Antifragile by Nassim Nicholas Taleb (Book Recommendation)

If The Intelligent Investor by Benjamin Graham is the first completed book for 2013. This one is the first for 2014. Antifragile: Things that gain from disorder by Nassim Nicholas Taleb is truly a thought provoking book. Ever since I read The Black Swan, I believed that the extremistan truly ruled the world. This book exposed 3 sets of personality, the fragile, that breaks and fall upon encountering black swans. The robust that demonstrates resiliency when faced with black swans. And the antifragile that gains from black swans. The journey with the book revealed the pitfalls of large economies and corporations and the recommendations how to be antifragile. Few of my favorites includes the barbell strategy and the skin to the game concepts. Embrace uncertainty, randomness and error... It may just change our lives.

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HMO, Health Insurance, and Hybrid Medical Plan

The COVID-19 pandemic crisis may have few positive impact in our lives and one of those is awareness to health. Health is wealth as sickness can drain wealth or worst lead to untimely demise.Sickness can have a factor of protection and prevention which involves the topics of immunity, lifestyle, stress, environment, vitamins, diet, genes, and exercise. Due to vast origin and complex human nature we cannot escape facing illnesses at least few times in our lives. When we got sick, we usually go through different stages. Diagnosis, wherein we go to a physician for checkup. In this stage there are also specialized equipment and tools necessary to determine the cause of our sickness. After proper diagnosis, the doctors would then recommend medicines or treatment procedures to cure our sickness until recovery. Each of the stages during diagnosis, treatment, and recovery requires substantial amount of money depending on the nature of illnesses. Oftentimes, it is difficult to face illness...

Fire, Risk Mitigation, and Prevention

Photo by Ricardo Gomez Angel on Unsplash March is being observed in the Philippines as fire prevention month based on Proclamation No 115-A and Proclamation number 360 in 1986. It is perfect time to discuss about causes, hazards, and dangers of fire. Here are some short statistics from BFP, Bureau of Fire Protection: 15,545 average fire incidents every year 42 fire incidents every day 251 deaths every year due to fire incidents 848 fire related injuries every year P4.65 billion damages every year To counter these incidents we have: 145 fire stations in 81 provinces across the country 1,113 activated fire stations for a total of 1,489 municipalities 813 fire brigades with a total of 4,525 volunteer firefighters in the entire NCR According to BFP majority of fire incidents happens in residential areas which is a sad fact. Your home is not only a safe refuge for your family, it also represents your hard work, achievements a...

The Intelligent Investor by Benjamin Graham (Book Recommendation)

The Intelligent Investor by Benjamin Graham as my first read book for 2013 is a fusion of my interests in non fiction books and stocks. For the past 8 years of monitoring PSE, valuations were never been as high as the past year and early this year which should trigger better research and understanding "Mr. Market".Graham teaches strategies for both aggressive and defensive investors, balancing portfolio thru common stocks and bonds, cost averaging, reading and comparing financial statements which proves the comment of Warren Buffet "This is by far the best book on investing ever written."

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