Tuesday, September 4, 2007

Long day

Spent almost 8 hours listening to presentations from the finance colleagues at our learning center today. Imagined missing breakfast in the morning, after having a late night watching TV, sitting in a freezer on a plastic chair that they usually used during wedding and listening to almost 6 hours of of finance presentations...yeah it was torturous. Actually it wasn't that bad...the presenters were quite good with their own style and charm. I have to ask lots of questions to ensure that i am awake and concentrate listening to the presentations. Some interesting points that i gather from the presentations:

1. We have the most expensive type of Oil product in the world ( TAPIS, SLEB)
2. Our pension income can only last to a maximum of 10 years of expenditure (annual expenditure of 30k). Message is better save now or die at 67 to break-even.
3. There are some huge business deal made on the golf course.
4. I want to be an oil trader!
5. Sometimes its better to go for a third party insurance than a full premium protection plan!

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