Do you decide straight from the gut?
Try these tests:
- A bat and a ball together costs $ 1.10 in total. The bat costs a dollar more than the ball. How much does the ball costs?
- If it takes five minutes for five machines to make five widgets, how long would it take 100 machines to make 100 widgets?
- In a lake there is a patch of lily pads. Every day the patch doubles in size. If it takes 48 days for the patch to cover the entire lake, how long will it take to cover half of the lake?
- 100 minutes
- 24 days
Above are actually impulsive answers.
For question #1, you can use simple algebra to arrive at the answer of $0.05.
Let x= price of ball
2x=$1.10 – $1
For question #2, the output of a single machine is one widget for five minutes. So if there are 100 machines then it would take only 5 minutes to make 100 widgets.
For question #3, since the lily pads double in size everyday then a day before day 48, the pond was half covered. The answer is 47 days.
Did you learn something that you can use in your stock investing? 🙂
“A creative man is motivated by the desire to achieve, not by the desire to beat others.”
By Ayn Rand
I like this blogger:
I found his works excellent. 🙂
ZHI came ZHoomIng!
ZHI’s business plan to revitalize its business is its entry in the mining industry by entering into an operating agreement with Olympic International Sales Corporation which allows the ZHI to explore the latter’s mining claims in the province of Surigao del Sur.
As of September 30, 2012, ZHI has no MPSA.
No MPSA, not yet in commercial operations, net assets is worth P483k, no significant properties, but valued by the market at P1.5 billion.
What could be the reason that makes it worthy to be valued at P1.5 billion? Backdoor story perhaps?
As for me, I do not understand, I stay away.