Officially an entrepreneur

Submitted the Zeopane Incorporation Forms today at HKUST. Poorer by 1700 HKD, but richer by the title of an Entrepreneur, Co-Founder and Director of Zeopane Limited and a chance to make it big in the world of Bio-entrepreneurship.

This all started with the last of our business plan competitions. We were approached by RM, one of the key organizers of the competition asking us to sign an NDA and this we had to do as a company. Not sure if this will lead to much. But at least it commits us to work towards taking this venture further. We have made some progress and are finalizing the rules of the game and working hard towards formalizing the communication that we need to make with all our potential investors.

Let's see how this pans out. Wish me luck!!!

Master's golden words

Warren Buffett says, "The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball.”

“They know that overstaying the festivities - that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future - will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There's a problem, though: They are dancing in a room in which the clocks have no hands."

Was always fascinated by this man. Prof. Milind Rao's inspired us to research Buffet's company (Berkshire Hathaway) and other holding companies and his strategies as part of the "Value Investing" course. This sure looks like it will be one helluva learning ride.

Graduated ... really?