I would like to congratulate all my family , friends , colleagues at Bangor University and all Muslims around the world for Eid. I wish every one happiness and healthy life. I’m now in UK away from my home Kuwait , its quite different atmosphere here. I also feel sad because my auntie Amina passed away in Kuwait two days ago. She was like a mother to me , and I will always miss her. I pray to Allah to keep her soul in heaven.
Posted by Sulaiman Alhasawi on Nov 22, 2009 in Entrepreneur
Entrepreneurship is very important. Its the essence of economy. Without entrepreneurs, societies can not progress. I have read a research paper today which struck me with new information. The author said that an entrepreneur is not defined as a person who can build businesses only. It has to do with the available opportunities. Entrepreneur can not do anything if there are no opportunities. So why some people manage to see opportunities and some don’t . According to recent studies, source of information is the main thing. Information helps the entrepreneur see new ideas, its something thats added up. He/she relates what he/she knows to what is currently happening. So in another word not all people have access to the same information at the same time and that what makes people find new ideas and some don’t. So if you see a competition and everybody are not making enough profit, then you can call this the state of “information equilibrium” which means every body has the same information. To beat this competition , some one has to get new information. Some people call it luck when some one exploit a new idea, and some relate it to individual believes. For example, when two persons hold the same new information,but they act differently on it or some one act and the other don’t. There are also other factors that influence entrepreneurship such as culture, location, industry and many more. An entrepreneur who is successful in USA does not mean he is successful in Kuwait.
I would like to share a link that aggregates many Kuwaiti blogs and bloggers, its called “Kuwaiti Blogs” . It has a big list. Today I submitted my first essay at Bangor University, the subject was International Financial Markets (IFM) . There are about five Kuwaiti students at Bangor University including me. Im also the accounting representative for post grads. I also updated my photo , you can find it at my “about” page. To know what I am doing at Bangor University, please read my post : MSc Accounting and Finance at Bangor University . I have an advice about blogging : Take it easy during your blogging journey, jot down your thoughts and have fun.
If you recall my previous post about portfolios : Portfolio 101 . I have talked about the concept of building a portfolio which is diversification . But most importantly the main objective of building a portfolio is to increase return while eliminating risk as much as possible. I will let you now watch the father of Modern Portfolio Theory Harry Markowitz , to explain this theory himself , Im sure no one can explains it better
Posted by Sulaiman Alhasawi on Nov 4, 2009 in Uncategorized
I would like to share with you a great book that I have read many times and I still every time I read it I learn something new. Its called ” The 7 Habits of Highly Effective People ” by Stephen R. Covey. The excitement and thirll that I get when I read this book is something great and I can’t describe it. I would love you to have it. It teaches you many great values about us humans that no matter how different we are in beliefs , cultures and mentalites , we are still humans. If you want to find your the real YOU and feel you are alive , then read it and practise it.