Of Competition

Some lunch duty nonsense at work is being translated to time for the mind to wander instead of focusing on work completion..

Long long ago in a land far far away, there was a rich family who controlled many businesses on an island. The rich family was headed by a stubborn old man and this old man had 2 daughters: Sindy and Stacy.

One day, old man decided to let Sindy and Stacy run part of his business, the coconut business. The problem is, the island which the old man made his fortune on didn't have any coconuts, so coconuts where bought from another island and sold for a profit here..

Old man allowed both Sindy and Stacy to sell coconuts as he didn't want to interfere with "market forces''. As time goes, the main coconut wholeseller became smarter, he stopped selling to both sindy and stacy and ask them to bid for the whole batch of coconut for a 3 year period.. In the first year, stacy won the bid and was doing good business. Sindy still survived as she sold other less popular drinks.

Forward to year 2010 and Stacy's deal with the coconut seller is expiring. Sindy made a huge bid that Stacy could not match and thus Stacy could no longer sell coconuts. Residents of the tiny island became worried as they are so used to buying coconuts from Stacy.. they knew too they Stacy would charge them more for the coconuts as she spent alot of money getting the deal from the coconut seller..

With all this happening, the old man who gave the capital to both Stacy and Sindy to start their business looks on and decides not to interfere.. ultimately, he argued, there are free to decide how much to bid and sell their coconuts for.. BUT.. if the old man had been smarter, neither Sindy nor Stacy would need to pay so much for the coconuts in the first place..

This is the island where the old man creates competition that does not benefit Sindy nor Stacy and definitely not the residents who enjoy having coconut..

Back to reality and a totally unrelated incident which happened a few months back. Singtel won the rights to the next 3 season of English Premiership Football and incumbent Starhub disappoint fans who are currently on their football package.

Will fans have to pay for more since Singtel entered a high price bid for the football?

I'm not interested to find out.. on to the net for 10/11 season then

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Post 390

Has it been that long and that many post already?

If you are one who bothers checking in on a somewhat relevant basis, i really appreciate it cause more of the time, it feels like no one is reading.. no comments, no post on the cbox, nothing..

No i'm not depressed, so don't worry.. in fact, there's quite a bit of excitement and anxiety of another milestone in life that could and should happen this saturday.. it takes abit of everything to come together nicely and after that, there will be other things to worry about..Haa.

While i have also been using Debit cards only, my first credit card was actually something that the wifey got for me, a s

upplementary case just in case something really crops up and i need that lifeline.. then as time went and dining privileges, amongst others, become more attractive, it becomes inevitable that i would start to apply for one.. being in a job that actually qualifies me for a credit card helps too.. this is afterall my 1st job as a degree holder and my earlier diploma-level jobs didn't pay me that well and my bonuses were negliable as i move around 3 places searching for experience.

With food on my mind, it was somewhat fitting that my first card is associated with one of my favourite dining place, to top it off, the place also gives me a pleasant buzz when i move from one area to another, thinking about what i could buy to fit into my home..

My first card: