There are 2 sets of people

There are 2 sets of people in the world:

Those who watch TV and those who appear on TV.

Those who watch the news and those who make the news.

Those who want to be perfect and those who realize that perfection is something that happens with time.

Those who start their own businesses, and those who wait for the "right" moment to do it.

Those who say, and those who do.

Those that keep doing it, and those who give up.

Those who are defined by their convictions and those who let others define them.

Which one are you?

Comments

They told us to wait

They said we should wait. The wazees were deliberating. They were discussing "important" issues of national security and interest. So, we walked out. We stood by the door. It was raining hard, and we strained to stand as close to the wall as possible, to avoid getting drenched. Inside, the air was exuberant. The wazees were laughing heartily as they imbibed to their fill with nyama choma and Tusker baridi . My stomach was grumbling. I looked around at my friend. She was shivering. "She's going to catch a cold if we don't get somewhere warm soon," I thought to myself. I could stay here and wait to see the wazees and tell them why we had come. Or I could save my skin and call it a day (or night). I chose the former. I motioned to Wanjiku to follow me. She seemed shocked. We had come so far, having walked in the wind and rain for two hours. She was heavy with child, and due any day now. We passed the Toyota VXs that had transported the wazees to ...

Analyzing a carry trade proposal: Short USD, go long on bitcoin

I recently completed an assignment for an International Economics Policy class which entailed designing a carry trade. A carry trade is a financial transaction that involves borrowing (short) in a low interest currency, and lending (go long) in a high interest (yield) currency. For instance from Bloomberg 's rates for bonds, this would involve borrowing in Swiss francs (rate is -0.15 percent) and lend in New Zealand dollars (rate is 2.83 percent). All else remaining equal, the carry trade would yield a rate differential of 2.83+0.15 = 2.98 percent. Note: this is an unusual case where the interest rate we are borrowing from is negative; usually, this would involve subtracting the first interest rate from the second. For instance, borrowing in Japanese yen (0.04 percent) and lending in Kiwi dollars (at 2.83 percent) would yield 2.79 percent as profit. My carry trade in this case involves borrowing in USD at a rate of 2.33 percent, and buying bitcoins. But, what, you may ask, is the...

What Africa may learn from Trump presidency

President-Elect Trump successfully ran under the banner of making America first, reducing foreign 'interference' and trying new ways to work with partners on the international scene to solve some intractable challenges. The first tenet, in my opinion, is something that should interest African nations, because of the collective acknowledged viewpoint of making Africa work for Africans. Looking back at the powers that scrambled for Africa more than 125 years ago to present day, we see challenges that have been brought about by the fact that Africa still remains a playground for western powers. The Democratic Republic of Congo fails to move forward due to the strong interests that keep fueling violence in order to continue the parasitic extraction of the vast resources with little benefit to the people of Congo. The CFA countries of Central and West Africa still depend on precolonial arrangements with France to manage their monetary policies, stealing the initiative fro...

Munene, the journey...

Search This Blog