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  • Aira

    April 11, 2014 at 3:18 pm

    my guess on the topic of discrepant 2628 3Q retsuls:1. Page 14 of 1H08 Results, PRC GAAP Net Profit = 10.772B2. Page 2 of 2Q08 Results, Net Profit = 2.339B10.772B + 2.339B = 13.111B Net Profit according to HK GAAP of 1H08 = 15.838B in 1H08 Report.Does the above explain Tony’s observation?By the way, Mr Market, what do you think about Lee Shau Kee’s decision to offload 2628?


    April 13, 2014 at 8:29 am

    Steven Lubet’s book will be very valuable to mediators and negotiators. Even though poker is a zero sum game, every mediator or negotiator faces a zero sum game: can we find the zone of agreement? Where Steven’s book is valuable, and this is what I concentrated on in my review on, is that every negotiator has to figure out how strong the other party believes his own case is, how strong I believe that the other party’s case is, and various permutations of the “recursive reasoning”.No less an authority than the Nobel Prize Winner Professor Thomas Schelling has also endorsed Lubet’s characterization of a lawyer has someone who has to solve the “recursive” reasoning problem Poker gives very clear examples of how to solve this strategic thinking.Steven Lubet doesn’t claim that all lawyers need to know can be learned from poker players, but he does provide clear and compelling examples of how poker players think strategically and his legal examples are enlightening.Generally, I would characterize Steven Lubet’s book as a contribution to that part of cognitive science which focuses on the interaction between hueristics and rational thought in decision theory. And as such it is both unique and valuable.

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