Why is it that we rejoice at a birth and grieve at a funeral? It is because we are not the person involved.

Почему - это, что мы радуемся при рождении и огорчаем на похоронах? Это - потому что мы не заинтересованное лицо.

Why is, what we are pleased at a birth and we afflict on funeral? It - because we not the interested person.

Noise proves nothing. Often a hen who has merely laid an egg cackles as if she had laid an asteroid.

Шум не доказывает ничто. Часто курица, кто просто положил яйцо, кудахчет, как будто она положила астероид.

Noise does not prove anything. Often hen who has simply put an egg, cackles, as though it has put an asteroid.

Let your sympathies and your compassion be always with the under dog in the fight–this is magnanimity; but bet on the other one–this is business.

Позвольте вашим симпатиям и вашему состраданию быть всегда с под собакой в борьбе - это - великодушие; но державший пари на другой одном - это - бизнес.

Allow your sympathies and your compassion to be always with under a dog in struggle is - magnanimity; but betted on another one is - business.

The calamity that comes is never the one we had prepared ourselves for.

Бедствие, которое прибывает, никогда не тот, к которому мы подготовили нас.

Disaster which arrives, never for what we have prepared us.

* Besides the original quote, we are also running it through an electronic translator into Russian and then back into English. Some will be funny, some are just a little odd. We hope they will encourage you and give you a little something to make you smile.

Blessed is the season which engages the whole world in a conspiracy of love.
-Hamilton Wright Mabie

Благословлен сезон, который нанимает целый мир в заговоре любви.

The season which employs the whole world in plot of love is blessed.

Remember this December, that love weighs more than gold!
-Josephine Dodge Daskam Bacon

Помните этот декабрь, та любовь весит больше чем золото!

Remember this December, that love weighs more than gold!

 

Joy is not in things; it is in us.
-Benjamin Franklin

Радость не находится в вещах; это находится в нас.

The pleasure is not in things; it is in us.

* Besides the original quote, we are also running it through an electronic translator into Russian and then back into English. Some will be funny, some are just a little odd. We hope they will encourage you and give you a little something to make you smile.

International Investment Director
$150k-$170k+ bonus; could be based anywhere

The Position:
We are searching for people who can prepare reports, analysis, and studies of risks and for investing on behalf of the U.S. clients in global markets.  Successful candidates will be expected to serve in both team and solo environments in a number of possible capacities, including deal sourcing, company analysis and evaluation, performing due diligence, evaluating technology advantages and sustainability, assessing technology commercialization potential, preparing industry and country studies, providing market analyses, etc.  Much of this activity will be in emerging markets of Russia.
•    Must have dual citizenship in USA/Russia

* Must have a valid USA passport and a passport in a foreign country from one of the emerging markets. * Strong preference for someone with over 10+ years relevant experience.
* Ideal candidate has “Broad Based Experience”:someone who has worked for a company that deals with multiple companies and looks for multiple investment opportunites for those multiple companies.

Profile of the Ideal Candidate:
1.    The ideal candidate has investment experience in emerging Asian and Middle Eastern markets.
2.    Candidates may have worked for a private equity firm, mutual fund or investment bank involved with investment in/or acquisition of public and private corporations.
3.    Candidates must be willing to live or work in the countries of their expertise.
4.    Academic background (graduate and/or post-graduate degrees) in technical and/or business fields – for example, engineering, computer science, or telecommunications with a business minor.
5.    Ten or more years of work experience, ideally with technology-based products, sales or services.  Experience in multiple industries is a plus.
6.    Should be comfortable working in an unsupervised environment and be entrepreneurial.
7.    Should be a self-starter and problem solver.
8.    Above average appetite for risk and be able to handle rejection.
9.    Good sales and people skills – either professionally acquired or innate.
10.    Good writing and analytical skills.
11.    Strong business skills and familiarity with finance and economics, plus knowledge of global emerging opportunities.

Required Attributes:
1.    Dual citizenship (U.S./Russia)-  valid passports for both countries.
2.    Native fluency in English and at least one other language.
3.    Must agree to undergo a comprehensive background check and be able to provide personal and professional references as required as part of the interview process.
Up to 50% of time will be traveling to the country or countries of specialization.

If you are interested or know of anyone who is interested please forward a resume to barnett_serchuk@yahoo.com

Nearly all men can stand adversity, but if you want to test a man’s character, give him power.

Почти все мужчины могут выдержать бедственную ситуацию, но если Вы хотите проверить характер человека, дать ему власть.

Almost all men can sustain a disastrous situation but if you wish to check up character of the person, to give it authority.

Government of the people, by the people, for the people, shall not perish from the Earth.

Правительство людей, людьми, для людей, не должно погибать от Земли.

The government of people, people, for people, should not perish from the Earth.

How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn’t make it a leg.

Сколько ног собака имеет, если Вы называете хвост ногой? Четыре. Называя хвост нога не делает это ногой.

How many legs the dog has, if you name a tail a leg? Four. Naming a tail the leg does not do it by a leg.

* Besides the original quote, we are also running it through an electronic translator into Russian and then back into English. Some will be funny, some are just a little odd. We hope they will encourage you and give you a little something to make you smile.

Пессимист видит трудность в каждой возможности. Оптимист видит возможность в каждой трудности.

Learn more about this  western MBA.

Узнайте больше об этой западной программе MBA.

GHP provides a fully-accredited, state-of-the-art, western MBA program in Russia as well as corporate training and career development opportunities.

There is nothing like returning to a place that remains unchanged to find the ways in which you yourself have altered.
- Nelson Mandela

Нет ничего как возвращение к месту, которые остаются неизменяемыми, чтобы найти пути, которыми сами Вы изменились.

There is nothing as returning to a place, which remain unchangeable to find ways with which you have changed.

It’s not that some people have willpower and some don’t. It’s that some people are ready to change and others are not.
- James Gordon, M.D.

Не то, чтобы некоторые люди имеют силу воли, и некоторые не делают. Это - это, некоторые люди готовы измениться, и другие не.

Not that some people are valid will, and the some people do not do. It is it, some people are ready to change, and others not.

Nothing endures but change.
- Heraclitus 

Ничто не выносит, но изменяться.

Nothing bears, but to change.

* Besides the original quote, we are also running it through an electronic translator into Russian and then back into English. Some will be funny, some are just a little odd. We hope they will encourage you and give you a little something to make you smile.

The unraveling of global financial markets, currencies, economies, businesses, and potentially a government or two has taken center stage throughout the world. Based on a number of factors, I believe that some time remains before the immediate crisis begins to lift. Yesterday, a friend in Russia and business executive commented that he “hoped” we were halfway through. Perhaps this is optimistic, but I am certainly willing to hope along.

As the crisis begins to abate there will, most likely, be a gradual recovery period that will be measured in months and years. Current downturns in consumer and corporate spending combined with current and future job losses will impact corporate earnings for the upcoming quarter(s). Friedman’s “flat world” will have to pull out of the hole together or work to cushion the ongoing fall. It has become emphatically clear that we live in an inter-connected world where practices and trends in one industry in one part of the world impact others. (This brings up a range of issues, but these are outside the scope of today’s entry.)

Recently a large number of public companies have been reporting earnings. A significant portion of these companies have missed their numbers and are pointing to current decrease in demand, devaluations, etc. (see Sony for a recent example). At the same time, however, a number of companies have reported numbers that were in line or better than expectations. Most recently, these include IBM, Amazon, Apple, and Microsoft. Along with these results have come conservative upcoming quarter and year projections with unknown factors impeding normal forecasting practices from being reliable. Analysts have glossed over results and focused on the uncertainty or the low side of the projections. Investors in turn have responded with selling or holding off on making purchases. This impacts business’ capital and to some extent whether or not company employees are let go (see Goldman Sachs for the most recent example). Finally, these events and reactions impact the cash that consumers (both employees and investors) have or are willing to spend.

Assuming that governments are adequately addressing and redressing liquidity issues, the issue comes down to trust (another topic for another day–see Moody’s). There are several ways for the market bleeding to stop–for trust to begin again at some level. Any of the involved parties could step up to impact the scenario. The companies could forecast their best guess while taking the risk that if they miss, the analysts will switch their focus from the forecast to the results.  If the companies are not ready or able to take the first step, then the analysts could take the lead by pointing to the results that are real rather than the forecasts that are made to be beaten. If the companies and analysts are not ready or able to take the first step, then the investors can make decisions to start buying based on valuations rather than the analyst-fed market media. However, if the company and the analysts, and the investors are not ready or able to take the first step, then the consumer has the opportunity to do so. 

So the question remains: Who will go first? My guess is the investors, but any of the involved parties could (and do) impact the situation. 

October’s Links section is dedicated to sites that focus on the world of finance. With all of the breaking financial news and world-wide attention to the international stock-markets, we have compiled a few sites with interesting and up-to-date information for you.

Learn more about financial statements and about a Western MBA program.