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Work/Life Imbalance

The manpower jinx in my department continues.

A week ago, one of my colleagues suddenly fell very ill. He had to be sent to hospital. A CT scan revealed a serious problem. It was literally a life-&-death matter. He had to undergo emergency brain surgery. The surgery went well, and he is out of Intensive Care, but he is still in hospital. He won't be back at work for several weeks.

Meanwhile, yesterday, it was announced that another colleague had resigned. Not even bothering to stick around to collect the bonus for 2010. Mr Foreign Talent, who came to sunny little Singapore 4 years ago, with wife and kids in tow, is now packing up and going back to his home country. He hasn't found a new job. He just doesn't want to work here anymore.

Throughout 2010, people have been quitting and most of them have not been replaced. The office has so many empty desks now that it's depressing.

Last night was also my department's Christmas party. All these years, I've always made it a point to go to the Christmas party. This time, I didn't go. I would have liked to. But I had too much work. So instead I was in the office working till slightly past midnight. As I worked, new emails continued to arrive into my inbox - from London and New York. These are the perils of working in a global investment bank - the sun never sets, and the work never ends.

I've been told that I'm well on track for promotion. Barring any unexpected circumstances,m the promotion should happen in February next year. I suppose this is a good thing. I suppose that I should feel happy or excited. On the other hand, I cannot honestly say that I feel happy and excited. Right now, nothing about working here feels happy or exciting to me.

Part of me is angry with myself, because I know that I am responsible for maintaining my own work/life balance. I know that I am at liberty to just walk out at 6 or 7 pm and that no one would say anything about it. What compels me to stay later and later in the office - as the overall manpower shrinks and my own workload grows heavier and heavier - is my own sense of responsibility and professionalism. It's my own warped drive and determination to get my work done, with a certain degree of quality and care.

I was discussing this with another colleague yesterday - he consistently works late too, in fact, later than me. I know that like me, he still tries his best. What did I tell him yesterday? I said that one day, if he notices that I'm regularly leaving home at 6 pm, then this means I don't care anymore and I've given up on this place.

As of today, I haven't given up. Yet.
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Babies and Fractures and Einstein on the Violin

In terms of manpower, my department has been jinxed most of the year.

Here are the developments in October alone. One colleague went on paternity leave. Another colleague will go on paternity leave any day now. And another colleague fell down a staircase this week, fracturing her leg, so that means six weeks' MC.

I am happy for the two new dads. And very sorry for the stairs-tripper. I am also sorry for myself - because guess who has to do all the work, while all these other people are away?

Rather ironic, because next week I am to give a talk at CHIJ Saint Nicholas (it's a literature camp, for students from six schools) and one of the things that the organiser asked me to talk about is how I successfully juggle my career with my creative writing.

Since blunt honesty is one of my more endearing traits, I don't think I will paint a pretty picture for them.

It's bloody tough. My progress on Book 2 is slow as snails.

One thing I will say is that everyone should have at least one passion, outside of and away from their career.

Doesn't matter what you do for a living, doesn't matter even if you really, really like your job. That one passion, away from your main job, allows you to recharge, renew, gain another perspective, live and learn and grow in a different way.

If creative writing is your thing, then that's great. If it's something else, that's great too. As long as you find it.

Einstein used to play the violin. Did you know that?

In other literary news, I'll be reviewing a new book - Reaching for Stones, by Chandra Nair - for Quarterly Literary Review Singapore. This is a pretty hefty collection, compiling his poems from 1963 to 2009. No further comments from me at this stage, as I just received the book (free review copy, yay!) yesterday and haven't read it yet.

Also, my publisher just told me that he's in talks with an electronic publisher in the US to license them the rights to reproduce and distribute my poetry book Two Baby Hands in any "electronic format or media, now in existence or hereafter developed".

I wonder whether that means I'll be able to read my own book on my iPhone. I would love to be an iPhone app - wouldn't that be cool?
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Life As A Competition

From the Straits Times of 25 August 2008, an article by 22-year-old Christine Chong.

Why must life be a competition?

I ONCE met a trumpet player from the United States and asked him which competitions his school band had taken part in. Stunned, he replied: 'Not everything in life is a competition.'

It was inconceivable to me that students would participate in school bands and other CCAs out of pure interest, and not for points.

It is a tragedy that many Singaporeans believe exams, rankings and stress are necessary evils on the long and winding road to success.

The mantra that 'Your studies should be first priority' is never far from our parents' lips. 'Don't waste too much time on other activities' and 'This is a very important academic year' are close seconds ....
Coincidentally, I was having lunch with a friend yesterday and this topic came up - why are Singaporeans choosing not to have babies?

The interesting answer - it's the result of a collective herd mentality instilled by the education system. Back in the school days, the mentality could be expressed like this: "Your studies should be first priority; don't waste time on other activities." This got imprinted into the minds of the entire generation.

Fast forward to adulthood, and the same imprint is still there. It's just that it has adapted into a new form for those who have finished school: "Your career should be first priority - don't waste time on having children."

In the psychological landscape of Singaporeans, parenthood has become the equivalent of "CCAs". It's the thing you might really, really love to do. But your kiasu instincts are telling you that you can't take the risk; you might not have the time; you might not have the money; and it's much safer to just concentrate on your homework job. (Yup, the same job that you don't love, but chose for practical reasons).

Christine Chong posed a good question - "Why must life be a competition?". The problem with competitions is that they have rules, and the rules were made by someone else, not you.

It's okay to compete for a while, and it might even be fun. But you should pick and choose your races. You should also bear in mind that it's all just mind games and you always have the right to refuse to play.

If you don't see that, and you simply live your life as one big, endless competition, then in all likelihood, you'll simply end up living your life, according to someone else's rules. Not your own.

A reader, Kelvin Ng, emailed me last week. He was trying to locate one of my old posts - where I had written something about "life audits". A "life audit" is a time I set aside to reflect, feel and think about how & what I've been doing; and what I want to do next; and why.

It's not about how my peers are living their lives. Or how my boss thinks I should be living mine. Or how my mother would like me to do (which includes buying landed property). Or what society in general might be expecting me to do.

It's about how I want to live my own life.

Here, Kelvin - the link. Try it out. Because in the long run, life just isn't very fun, if you have to keep playing by someone else's rules.
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How Many Years of Your Life Do You Want to Work?

More on babies and mummies. From the TODAY newspaper:
Baby Woes Not Just Bosses' Fault
By Neo Chai Chin

CHANGE the workplace culture to allow for more family time, some have been saying — but would this truly boost the sagging birthrate?

Out of 1,000 mums surveyed in April by the Working Mothers Forum (WMF), 3 in 5 would say “no, thanks” to having a new bundle of joy in their households, even if they could resolve domestic and work issues. Yet, 86 per cent of these mums agreed that having children was “a bliss”.

What could explain this conundrum?

To mothers like Madam Noroonnessa Begam, 38, factors such as the high cost of raising a child and Singapore’s competitive environment count. “Finances are very important. As you know, there are rising costs and the challenging education system. And if you have one problem child, that will take up a lot of your time,” said Mdm Noroonessa, a childcare teacher with three sons aged 9 to 12.

But the experts say, all is not lost in the push for more babies – after all, the survey (done by research firm Connecting Insights Consultants) found that a quarter of the mums would agree to more kids if work-life balance is achieved.

“I think that’s a good start,” said Associate Professor Daniel Goh, a pediatrician and chair of WMF’s panel of experts. The survey aims to understand the concerns of working and job-seeking mothers, and if it leads to increased flexibility at the workplace, perhaps “some of these people will change their minds”.

The survey also found that one-third of the mothers felt it was impossible to give 100 per cent to both motherhood and career, while 37 per cent felt they could.

About half the mums surveyed said employers play the biggest role – more so than the Government – in helping them manage work-family challenges. Flexible policies would do much to ease their load.
This year, Mrs Wang went part-time. She now works three days a week. Furthermore, for each of those three days, she can work half a day at home, and it's up to her whether she works from home in the morning, or in the afternoon.

This is great for our kids, but logically speaking, a setback for her career. Over the next few years, most likely Mrs Wang is not going to make as much career progress as she would have, if she were working full-time.

I do have two important points to make. Firstly, kids grow up. Secondly, the average lifespan of a modern career is much longer than the time it takes for kids to grow up.

Currently, the official retirement age in Singapore is 62 years. If you are a female graduate, you probably started working around age 21 or 22. That means your career lifespan is about 40 years.

Even if you took, say, five years off to raise your little kids, you still have 35 years left to work. That's a very long time. I think that there must be very few people in the world who can honestly say that 35 years is too short a period for them to pursue their career aspirations.

On the other hand, devoting five years to your kids when they are still very young and need a lot of care will make a very big and valuable difference. When they're older and more independent, they won't need that much attention anyway.

By going part-time (as opposed to quitting work completely), Mrs Wang has more time for the kids, yet at the same time retains enough connection to the working world to know what's happening. When the time comes, and if she wants to, she can make a smooth transition back into a full-time career.

Think about it this way - if she is 40 years old by then, she will still have 22 years left to work, before hitting retirement age. If you can't mentally grasp what a very long time that is, just ask yourself where you were and what you were doing, back in 1986. That was 22 years ago. What a very different world that was, and how very faaaaar you've come since then.

Life isn't a 100-metre race. It's actually a marathon, a slow jog on a long winding road. And its final destination is death. If people actually realised that, then they would be more careful about what they decide to chase. Along the way, they would stop to smell the roses, admire the scenery and try out various interesting experiences that life does offer. Like, raising kids.
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Life And How To Survive It

Today I have an old friend as my guest contributor. Adrian Tan is a litigation lawyer at one of Singapore's leading law firms. Outside the courtroom, he is known for a variety of funny things, including The Teenage Textbook, which he wrote in the late 1980s. The book became a cult classic among students of that generation and was adapted into a film 10 years later.

Adrian had read my previous post and emailed to tell me that by coincidence, he'd just given a speech along the same theme. Cherian George had invited Adrian to be the guest-of-honour at an NTU convocation ceremony last week, and this is Adrian's speech to the graduating class of 2008:

Life and How to Survive It

I must say thank you to the faculty and staff of the Wee Kim Wee School of Communication and Information for inviting me to give your convocation address. It’s a wonderful honour and a privilege for me to speak here for ten minutes without fear of contradiction, defamation or retaliation. I say this as a Singaporean and more so as a husband.

My wife is a wonderful person and perfect in every way except one. She is the editor of a magazine. She corrects people for a living. She has honed her expert skills over a quarter of a century, mostly by practising at home during conversations between her and me.

On the other hand, I am a litigator. Essentially, I spend my day telling people how wrong they are. I make my living being disagreeable.

Nevertheless, there is perfect harmony in our matrimonial home. That is because when an editor and a litigator have an argument, the one who triumphs is always the wife.

And so I want to start by giving one piece of advice to the men: when you’ve already won her heart, you don’t need to win every argument.

Marriage is considered one milestone of life. Some of you may already be married. Some of you may never be married. Some of you will be married. Some of you will enjoy the experience so much, you will be married many, many times. Good for you.

The next big milestone in your life is today: your graduation. The end of education. You’re done learning.

You’ve probably been told the big lie that “Learning is a lifelong process” and that therefore you will continue studying and taking masters’ degrees and doctorates and professorships and so on. You know the sort of people who tell you that? Teachers. Don’t you think there is some measure of conflict of interest? They are in the business of learning, after all. Where would they be without you? They need you to be repeat customers.

The good news is that they’re wrong.

The bad news is that you don’t need further education because your entire life is over. It is gone. That may come as a shock to some of you. You’re in your teens or early twenties. People may tell you that you will live to be 70, 80, 90 years old. That is your life expectancy.

I love that term: life expectancy. We all understand the term to mean the average life span of a group of people. But I’m here to talk about a bigger idea, which is what you expect from your life.

You may be very happy to know that Singapore is currently ranked as the country with the third highest life expectancy. We are behind Andorra and Japan, and tied with San Marino. It seems quite clear why people in those countries, and ours, live so long. We share one thing in common: our football teams are all hopeless. There’s very little danger of any of our citizens having their pulses raised by watching us play in the World Cup. Spectators are more likely to be lulled into a gentle and restful nap.

Singaporeans have a life expectancy of 81.8 years. Singapore men live to an average of 79.21 years, while Singapore women live more than five years longer, probably to take into account the additional time they need to spend in the bathroom.

So here you are, in your twenties, thinking that you’ll have another 40 years to go. Four decades in which to live long and prosper.

Bad news. Read the papers. There are people dropping dead when they’re 50, 40, 30 years old. Or quite possibly just after finishing their convocation. They would be very disappointed that they didn’t meet their life expectancy.

I’m here to tell you this. Forget about your life expectancy.

After all, it’s calculated based on an average. And you never, ever want to expect being average.

Revisit those expectations. You might be looking forward to working, falling in love, marrying, raising a family. You are told that, as graduates, you should expect to find a job paying so much, where your hours are so much, where your responsibilities are so much.

That is what is expected of you. And if you live up to it, it will be an awful waste.

If you expect that, you will be limiting yourself. You will be living your life according to boundaries set by average people. I have nothing against average people. But no one should aspire to be them. And you don’t need years of education by the best minds in Singapore to prepare you to be average.

What you should prepare for is mess. Life’s a mess. You are not entitled to expect anything from it. Life is not fair. Everything does not balance out in the end. Life happens, and you have no control over it. Good and bad things happen to you day by day, hour by hour, moment by moment. Your degree is a poor armour against fate.

Don’t expect anything. Erase all life expectancies. Just live. Your life is over as of today. At this point in time, you have grown as tall as you will ever be, you are physically the fittest you will ever be in your entire life and you are probably looking the best that you will ever look. This is as good as it gets. It is all downhill from here. Or up. No one knows.

What does this mean for you? It is good that your life is over.

Since your life is over, you are free. Let me tell you the many wonderful things that you can do when you are free.

The most important is this: do not work.

Work is anything that you are compelled to do. By its very nature, it is undesirable.

Work kills. The Japanese have a term “Karoshi”, which means death from overwork. That’s the most dramatic form of how work can kill. But it can also kill you in more subtle ways. If you work, then day by day, bit by bit, your soul is chipped away, disintegrating until there’s nothing left. A rock has been ground into sand and dust.

There’s a common misconception that work is necessary. You will meet people working at miserable jobs. They tell you they are “making a living”. No, they’re not. They’re dying, frittering away their fast-extinguishing lives doing things which are, at best, meaningless and, at worst, harmful.

People will tell you that work ennobles you, that work lends you a certain dignity. Work makes you free. The slogan "Arbeit macht frei" was placed at the entrances to a number of Nazi concentration camps. Utter nonsense.

Do not waste the vast majority of your life doing something you hate so that you can spend the small remainder sliver of your life in modest comfort. You may never reach that end anyway.

Resist the temptation to get a job. Instead, play. Find something you enjoy doing. Do it. Over and over again. You will become good at it for two reasons: you like it, and you do it often. Soon, that will have value in itself.

I like arguing, and I love language. So, I became a litigator. I enjoy it and I would do it for free. If I didn’t do that, I would’ve been in some other type of work that still involved writing fiction – probably a sports journalist.

So what should you do? You will find your own niche. I don’t imagine you will need to look very hard. By this time in your life, you will have a very good idea of what you will want to do. In fact, I’ll go further and say the ideal situation would be that you will not be able to stop yourself pursuing your passions. By this time you should know what your obsessions are. If you enjoy showing off your knowledge and feeling superior, you might become a teacher.

Find that pursuit that will energise you, consume you, become an obsession. Each day, you must rise with a restless enthusiasm. If you don’t, you are working.

Most of you will end up in activities which involve communication. To those of you I have a second message: be wary of the truth. I’m not asking you to speak it, or write it, for there are times when it is dangerous or impossible to do those things. The truth has a great capacity to offend and injure, and you will find that the closer you are to someone, the more care you must take to disguise or even conceal the truth. Often, there is great virtue in being evasive, or equivocating. There is also great skill. Any child can blurt out the truth, without thought to the consequences. It takes great maturity to appreciate the value of silence.

In order to be wary of the truth, you must first know it. That requires great frankness to yourself. Never fool the person in the mirror.

I have told you that your life is over, that you should not work, and that you should avoid telling the truth. I now say this to you: be hated.

It’s not as easy as it sounds. Do you know anyone who hates you? Yet every great figure who has contributed to the human race has been hated, not just by one person, but often by a great many. That hatred is so strong it has caused those great figures to be shunned, abused, murdered and in one famous instance, nailed to a cross.

One does not have to be evil to be hated. In fact, it’s often the case that one is hated precisely because one is trying to do right by one’s own convictions. It is far too easy to be liked, one merely has to be accommodating and hold no strong convictions. Then one will gravitate towards the centre and settle into the average. That cannot be your role. There are a great many bad people in the world, and if you are not offending them, you must be bad yourself. Popularity is a sure sign that you are doing something wrong.

The other side of the coin is this: fall in love.

I didn’t say “be loved”. That requires too much compromise. If one changes one’s looks, personality and values, one can be loved by anyone.

Rather, I exhort you to love another human being. It may seem odd for me to tell you this. You may expect it to happen naturally, without deliberation. That is false. Modern society is anti-love. We’ve taken a microscope to everyone to bring out their flaws and shortcomings. It far easier to find a reason not to love someone, than otherwise. Rejection requires only one reason. Love requires complete acceptance. It is hard work – the only kind of work that I find palatable.

Loving someone has great benefits. There is admiration, learning, attraction and something which, for the want of a better word, we call happiness. In loving someone, we become inspired to better ourselves in every way. We learn the truth worthlessness of material things. We celebrate being human. Loving is good for the soul.

Loving someone is therefore very important, and it is also important to choose the right person. Despite popular culture, love doesn’t happen by chance, at first sight, across a crowded dance floor. It grows slowly, sinking roots first before branching and blossoming. It is not a silly weed, but a mighty tree that weathers every storm.

You will find, that when you have someone to love, that the face is less important than the brain, and the body is less important than the heart.

You will also find that it is no great tragedy if your love is not reciprocated. You are not doing it to be loved back. Its value is to inspire you.

Finally, you will find that there is no half-measure when it comes to loving someone. You either don’t, or you do with every cell in your body, completely and utterly, without reservation or apology. It consumes you, and you are reborn, all the better for it.

Don’t work. Avoid telling the truth. Be hated. Love someone.

You’re going to have a busy life. Thank goodness there’s no life expectancy.

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Your Education And Other Miscellaneous Regrets

A rather charming coincidence. Just two days ago, I wrote these words:
"In a future post, it will be interesting to explore the reasons why so few Singaporeans enjoy their careers. Personally, I think it all begins with the way the education system pushes students to choose courses which are "useful", "practical" or "in-demand" (rather than the courses for which the student has a genuine interest). But for now, let's just stick to the baby issue."
Then yesterday, the Straits Times published this article:

ST July 30, 2008
More than half of workers in S'pore regret choice of study
By Clarissa Oon

A GLOBAL recruitment company has found that more than half of workers in Singapore regret what they chose to study back in school, polytechnic or university.

One in three is also uncertain about their ultimate career choice, according to an online survey by Kelly Services. It was released on Wednesday.

The findings are distilled from the answers given by more than 2,000 people who had sought Kelly Services help to land a job. They form part of it global survey of 115,000 people by its offices in 33 countries.

People of all age groups, educational levels and professions took part and in Singapore, most were in business, engineering, financial services and information technology.

One person who can identify with the survey results is Ms Aileen Toh, 34, a legal officer for 10 years.

'A lot of times, I have wondered if I could have done something else, but I was never sure enough to make a complete career switch', she says.

She considered, but ultimately turned down, a marketing job in a charity several years ago because she was not sure if the work suited her and if there were long-term career prospects.

A tiny minority of people are born lucky. They arrive on this planet with such prodigious natural gifts that there can be little doubt as to what their true calling is. Mozart, uncannily musical as early as age three, is one example. Steve Irwin, in love with a 4-metre pet python at age six, is another. There is no choice - they have to do what they have to do, and since choice is actually a dilemma, there is no dilemma for them.

The rest of us have to go by a process of elimination. By late adolescence, the average person is more likely to know what he's not cut out to do, rather than what he is. For instance, the person may know very clearly that he has no aptitude for numbers; and has no talent for sales; and has a strong tendency for seasickness. That tells him what jobs he should avoid. But he is much more uncertain about what he's good at or what he really enjoys.

The problem is more intense in Singapore, due to our pragmatic culture. Young Singaporeans don't generally grow up with the idea that they should explore and discover their own individual interests and strengths. Instead, they grow up being told that they should seek to excel in what the school wants them to excel in.

The education system itself - and it is a powerful one - is configured to systematically classify and categorise students, and channel them in specific directions towards fulfilling the nation's perceived economic needs. The culture perpetuates itself. Beyond the policies and the programmes, it is a mindset. To go against the system is to take a risk, and our culture has developed to be one that's highly adverse to risk-taking.

That observation was often made, back in the early 2000s, when the Singapore government tried to promote entrepreneurship through various incentives and schemes. (Notice that since then, the government has fallen silent about those efforts. Basically, they didn't work too well).

Pragmatism has bitten the government elsewhere too. Despite the government's efforts to encourage more people to have babies, our birth rates are falling. And many people decide against becoming parents, for purely pragmatic considerations. For example, a reader commented on my previous post as follows:

"I'm male 40 single and not planning to marry. Even if I do, I will not want to have children. Why?

I spent the last 10 to 15 years working hard to reach my current position in a electronic manufacturing industry(not very high, comfortable enough).

Now with the high cost of living and in-flood of FT, I don't think I will change my mind on marriage.

Besides worrying about losing my job, I'm stuck with it. Hate it but can't live without it."

You can't fault a person for thinking like this. Firstly, it's his own life, and secondly, the reasoning has its own logic.

Just remember though. Pragmatism, if overdone, can have its drawbacks. One of them is regret - about the paths in life you might have taken, but never did. Marriage is one example of such a path; parenthood is another. Career is the third example - see the ST article above.
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A Personal Baby Insight From Mr Wang

The national baby discussion goes on. Every day you can read something more about it in the newspapers.

I have lots of thoughts on this topic. And unfortunately, too little time to blog them all. Today I'll share just one small thought on the "career versus babies" theme.

Many women say that they do not want children because they want to focus on their careers. You must have heard that quite often. What you’ll rarely hear in Singapore is a woman saying that she truly loves her job and is passionate about it. (I should add that the same applies to men).

Gallup’s studies are clear on this. Here's an article which says that Singapore has one of the most disengaged workforces in the world. This means that compared to most other countries, people in Singapore simply aren’t very interested in their work. A human resource study has shown that 82% of employees in Singapore are indifferent about their jobs; 12% strongly dislike their jobs and only 6% love their jobs.

(And if you just look around your own workplace, you’ll probably find that the people who really love their jobs are greatly outnumbered by the people who don’t).

In a future post, it will be interesting to explore the reasons why so few Singaporeans enjoy their careers. Personally, I think it all begins with the way the education system pushes students to choose courses which are "useful", "practical" or "in-demand" (rather than the courses for which the student has a genuine interest). But for now, let's just stick to the baby issue.

So how is this relevant? Well, the next time you meet a woman who has chosen a career over having kids, ask yourself what that really means. It means that the woman has decided not to have kids, so that she can focus on something else.

And 94% of the time, that “something else”, her career, is something that she strongly dislikes, or just doesn't care about.

Sounds like a strange lifestyle choice, doesn’t it? Then again, human beings are peculiar creatures. Meditate on that, the next time you sit in your office at 10 pm working on a useless and painful project for your unappreciative, grumbling boss. This is what you sacrificed your family life for.

A clarification. I am not saying that if you hate your job, you should have children. But suppose you do want children. Then further suppose that you, like most Singaporeans, don’t really love your job. In that case, your career aspirations should not hold you back. In the first place, why aspire to what you find uninspiring?
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Knowledge & The Working World - Part 1

As my regular readers will know, I recently made a career switch from law to investment banking. Commenting on this, a reader wrote:
"Given his legal background Mr. Wang is probably starting off his IB career in the structuring side focusing on the legal risk aspects of credit derivative contracts. Naturally, the IB team will want to have an experienced lawyer to navigate the legal risks that can be a tricky portion of credit derivative contracts.

Acquiring an understanding for evaluating the credit risk of reference entities and counterparties will probably take somewhat longer. Meanwhile, the mathematical valuation and pricing aspects of credit derivatives will probably elude him for quite a while, given that one needs a strong foundation in applied mathematics in order to grasp the nuances of this field."
In case you got lost in the technical jargon there, this is what the reader meant to say: Mr Wang may have moved from law to investment banking, but (a) he has probably been hired for his legal knowledge, and (b) he's probably clueless about the other, non-legal areas of investment banking.

Apparently, a logical deduction. However, it relies on certain implicit assumptions. These assumptions are commonly made in Singapore and aren't always correct.

In Singapore, we often tend to think that a person doesn't know anything about anything, unless he holds proper qualifications in it. By proper qualifications, we mean that he has gone to school, taken a course, passed his exams and been awarded a certfiicate, a diploma or a degree. Preferably one recognised by the Ministry of Education.

Of course, this line of reasoning can go wrong for any number of different reasons. For example, a formal course may not actually teach anything relevant to what the supposedly-qualified person is really doing in his job.

Or skills acquired in one particular field or discipline may turn out to be surprisingly transferable to another apparently unrelated field or discipline.

Or a person may acquire quite considerable expertise without any formal training at all - for example, through self-learning, practical work experience, or because the subject-matter happens to be his favourite hobby.

Last weekend I decided to organise my rather chaotic bookshelves and categorise my books according to topic. This picture shows a stack of banking and finance-related books that I've been reading over the past few years.



(Note: this stack of book excludes my law books on banking and finance - those are in another stack).

I could be wrong, but I suspect that my banking & finance textbooks are more than all the banking & finance textbooks that an undergrad student at SMU or NTU would have to read, over 3 or 4 years, in order to get a degree in Banking & Finance.

Now of course, I have not read all of my books with the same vigour and rigour that a university student, mugging for his exams, would have read his textbooks.

After all, my reading is not for the purpose of passing exams. My books are more for my leisure reading.

I started reading those books when I was a lawyer advising on banking and finance. I thought that it would be interesting to know what all those bankers were talking about.

Or sometimes a certain point would come up at work, and it would puzzle me, so over the weekend, I would just pick up the relevant book, zoom straight to the relevant chapter, and investigate that point. And if that was interesting, I'd just go on to read the next chapter as well.

As the years passed, I just ended up reading more and more.

And suddenly, I realise that if I add it all up, my total knowledge about investment banking is .... Very Not Insignificant. (Pardon the twisted language. I'm trying not to sound boastful here).

So while law is still my professional forte, I've come to understand enough about other areas of the financial world to feel comfortable in an investment banking environment. I know enough to engage constructively with the traders, the structurers, the salespeople, the quants, the lawyers, the accountants, the credit officers, the tax advisors, the economists, the relationship managers, the compliance personnel ... and whoever else I need to engage with.

To function effectively, I don't need to know everything that all of them know (which would be impossible and impractical). I just need to know enough about what each of them knows.

In Part 2 of this series, I will share some thoughts on information and knowledge networking. You might also call it "Why You Don't Need To Know It All, To Know It All".
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Love, Life and Poetry

In a recent post, I mentioned my all-round philosophy to life. Here's an example of how it works.

I used to be in private practice in one of Singapore's top law firms. It paid very well and the work was very interesting. In fact, for my particular area of practice, no other firm in Singapore offered more challenging work. A year of experience there was worth two or three in other law firms. However, due to a chronic shortage of lawyers, the hours were very long.


Then my first child was born. Six months later, I quit the job. Mrs Wang quit private practice too. The kind of work/family balance we wanted was not going to happen, in a law firm environment.

I had absolutely no regrets. If I thought only in terms of the cost to my career, I would have had regrets. But the wiser thing to do was to consider life as a total package. I looked at my life as a whole, and the correct decision became quite clear to me. So I left private practice without hesitation, quite happily, and much to the dismay of my then-bosses.
And I haven't looked back.

Now I have two kids. Recently, I've once again been spending less time with them than I would like. This time it's not the job. It's my exams. Fortunately, they will be over soon. Also, there is another difference, compared to the earlier days. Now the kids are older, more independent, and they have each other as playmates. I've been discovering that their new attitude is: if Daddy can join in, that would be great, but if Daddy can't, then that's fine too.

Gasp. They're growing up. That was quick.

A Worried Mother recently wrote to me - she is stopping work for a few years, to be a full-time mother to her newborn. I say this: don't fret about taking time off from your career. In the big picture of things, it does not matter whether you devoted 40 years of your life to your career, or 38, or 37. But the time with your child is very important, and once lost, doesn't come back.

Because kids are not kids forever. They grow up. Treasure the time you have with them, while you still have it. Because before you know it, they'll have their own lives and it will be time to let them go.


That's what Kahlil Gibran wants to tell you too:

Your children are not your children.
They are the sons and daughters of Life's longing for itself.
They come through you but not from you,
And though they are with you,
yet they belong not to you.
You may give them your love but not your thoughts.
For they have their own thoughts.
You may house their bodies but not their souls,
For their souls dwell in the house of tomorrow,
which you cannot visit, not even in your dreams.
You may strive to be like them,
but seek not to make them like you.
For life goes not backward nor tarries with yesterday.

You are the bows from which your children as living arrows are sent forth.
The archer sees the mark upon the path of the infinite,
and He bends you with His might
that His arrows may go swift and far.
Let your bending in the archer's hand be for gladness;
For even as he loves the arrow that flies,
so He loves also the bow that is stable.

Interestingly, in this other post of mine, a Buddhist reader, Chan, makes a bizarre argument against homosexuality. I thought I'd heard it all before, but this one is new to me. Chan says that homosexuality is wrong because the gay person, by not procreating, is being unfilial to his parents.

I then mentioned Buddhist monks. Are they, I asked, also unfilial to their parents, for choosing a life of celibacy and thereby not procreating? Chan's reply was that if the Buddhist monk seeks his parents' permission before entering monkhood, then the Buddhist monk is not unfilial. By extension, Chan says, if a gay person seeks his parents' permission before adopting a gay lifestyle, then the gay person's behavior becomes acceptable.

I'm struck by Chan's emphasis on filial piety. But personally, I think that in such a context, the principle has been stretched waaaay too far. Human beings are human beings, not the slaves or dogs of their parents. When they are adults, they must be left to make their own decisions and choose their own paths in life. Suppose you feel a strong calling to be a Buddhist monk. If your parents approve, that's great. But if they don't, then don't let their objections stop you.


Here is a real-life example: the Venerable Hyon Gak Sunim, Head Teacher at Hwa Gye Sah Temple in South Korea. Formerly, he was Paul Muenzen, the son of staunch Roman Catholics in the USA, and a graduate of Yale and Harvard. He pushed it all aside, to be a monk. Well, he's happy. And it's his life, after all. Not his parents'.

Speaking for myself, if my children grew up and decided to convert to Buddhism, I would not stop them. If they decided to convert to Christianity or Hinduism or Islam, I would not stop them either. In each case, I would only want to know that they have reflected and considered carefully and have concluded that this is what they really want for themselves. And if my children grew up and one day told me that they were gay, then in a strange way I think I would feel honoured. That they loved and trusted me enough to tell me such a thing, in a society where such things are often so deeply misunderstood.

In all cases, I think I would continue to love them, as a father should. I would respect their basic intrinsic right, as human beings, to choose their own paths in life, even if these are not paths I would have chosen for myself, or for them. How did Kahlil put it?
"You may give them your love but not your thoughts.
For they have their own thoughts.
You may house their bodies but not their souls,
For their souls dwell in the house of tomorrow,
which you cannot visit, not even in your dreams.
You may strive to be like them, but seek not to make them like you."

I like Kahlil's works. They contain such great wisdom. It's such a pity that our education system places little emphasis on Literature. It's just about the only subject that examines the condition of being human.

My next-door neighbours are always fighting and quarrelling, and it all started from the time when the handsome young Indian man there fell in love with a pretty young Chinese girl. That was years ago. Now they're married, but the man's parents are still fighting over this interracial marriage. Every now and then, they still throw the Chinese girl out of the house. So she sits outside the flat and cries. I see this as just another kind of Romeo & Juliet tragedy. If only the man's parents had read Shakespeare ... maybe they'd stop their bad behaviour.

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