I am a physician, currently practicing as an Anesthesiologist. My other passions are finance and investments. As of 2013, I have passed all three levels of the Chartered Financial Analyst (CFA) exams, all in my first attempts. I received my Masters of Business Administration degree in 2008. I received my certification as a securities specialist from the Philippine Stock Exchange in 2009.
One of my earliest posts this month was about the “January effect” for stock investments.
It seems that there is also this kind of phenomenon when it comes to fitness. Here are possible reasons why people care more about their physical fitness during January:
Many people eat a lot during the holidays and they will want to shed the extra pounds gained.
The start of the year also brings about “new year’s resolutions”. To be more physically fit is a popular goal.
Many gyms and fitness related companies offer discounts and various promotions at the start of the year. Of course, they may be doing that to take advantage of the higher fitness interest among consumers; a chicken or egg situation perhaps.
For some reason, many of those who want to get fit but have been putting it off for months, will choose to start in January.
Gym newcomers will prefer to be in the company of newcomers. January is the best month for this purpose.
In 1996, Donald Trump acquired the Miss Universe Organization. At that time, the acquisition seemed to make a lot of sense.
The Miss Universe pageant was being seen as outdated and cheesy and Mr. Trump’s expertise in branding – after all, he has made his name in turning around real estate properties – was seen as something that would revive the pageant. “Trump puts his hand in things that are very profitable and glamorous”, said one pageant expert at that time.
Despite its dwindling audiences in developed countries, Miss Universe was still very popular in Latin America and Asia. Though already known in the United States at that time, Mr. Trump was relatively unrecognizable in the rest of the world. The pageant was supposed to endear Mr. Trump to the countries he planned to expand his businesses in.
The partnership seemed to go in the right direction. The already popular Miss Universe pageant also became known as “Donald Trump’s beauty contest” around the world. Mr. Trump’s expertise in marketing luxury projects found its way in Miss Universe. In 2001, supermodels Elle Macpherson and Naomi Campbell, hosted the Miss Universe contest, in an effort to give the pageant a more upmarket vibe.
Outsourcing is big business. The industry is currently estimated to be worth hundreds of billions of dollars. Companies in countries with high costs will outsource some of their processes in countries where labor and materials are cheaper yet dependable.
But are there limits to what can or cannot be outsourced to another country? Can goods/ services of national and cultural importance be outsourced to foreign entities?
Those questions have been part of a hot topic recently in the Philippines. During the national costume presentation at the Miss Universe pageant in Doral Forida, Miss Phlippines, Mary Jean Lastimosa, wore a national costume that drew mostly negative comments on the internet.
It is no secret that Russia has been on an economic slump lately due to economic sanctions brought about by the United States, Europe and their allies. The drop in crude oil prices makes things even worse.
Russia’s GDP grew by only 0.7% in the third quarter of 2014, and the World Bank projects that the country will go into recession in 2015. The Russian ruble (RUB) already lost about half its value. To counter the ruble slide, the Russian Central Bank raised interest rates to around 17%. Inflation is at around 9%.
Since this is an investment related blog, it’s only fitting that I see opportunities where there is one.
The 63rd Miss Universe will be held tonight in Florida (tomorrow morning Manila time), where Miss Universe 2014 will be crowned. It is already 2015, so it seems that there has been a slight delay.
A lot of people do not care about pageants anymore, but many people still do – Filipinos and South Americans in particular. To reach out to that audience, I will be posting Miss Universe related investment information.
Learn more about the actual pageant here. If you are in the area, see if you can still buy tickets here.
This is a post, part of a series, to commemorate the Pope’s visit to the Philippines on January 15-19, 2015.
Since this website is about investments, don’t you know that you can invest in the Pope and earn big returns. When I say returns, I am not talking about those of the spiritual nature (that would be too obvious), but financial ones. Do you know someone who had done it?