Reading Time: < 1 minute I saw quite a few Smart cars in St. Louis lately. Another sign the gas price is going through roof. While the car looks cute, I would not drive one personally, because it is so tiny compared to other cars on the road.
Reading Time: 2 minutes Carl Icahn is again in the news. This time is about the Yahoo (Nasdaq:YHOO) shareholder proxy fight. Basically Carl bought a bunch Yahoo shares after the Microsoft deal fell through, and he is trying to remove the current Yahoo board, and make the sale to Microsoft. Intelligent observers may say did not Microsoft walked away
Reading Time: 2 minutes (Update May15) My friend Sun also set up a donation page for earthquake relief. He even put up a challenge (match) for Paypal donors. Kudos to him. I sent a check of $51.20 to OSCCF today. (Source: NPR.org, more pictures from NPR) (Original) There are lots of organizations one can donate for the China earthquake,
Reading Time: 2 minutes Who is EDS? EDS (NYSE:EDS), Electronic Data System, the IT service company founded by legendary Texan Ross Perot with $1,000, at once time was No. 2 US IT service provider (second to IBM). Today HP (NYSE:HPQ) announced buying EDS for $13.9 billion. Among many things, EDS was famous for its hiring of former Navy/Marine, their
Reading Time: 3 minutes I quoted some questions which are relevant for little guys (like me). The full transcript can be located at gurufocus. WB: Warren Buffett, CM: Charlie Munger, MX: yours truely. BTW, I bought one more BRK.B yesterday, at $4130, not the lowest price of the day but about 5% off the price I bought for my
Reading Time: < 1 minute (Update May 13) I put two links about Sichuan earthquake on the top of middle side bar: one in Chinese; one in English. Yesterday afternoon when I listened to NPR Melissa Block live report (click on listen: Melissa Block at a shattered school) from Chengdu/China, I was almost in tears. Melissa was in Chengdu for
Reading Time: 2 minutes Baidu, Google China Keso wrote this Chinese article a while back Who is Google China’s opponent? He is talking about the difference between Baidu (Nasdaq:BIDU) and Google, and he thinks Baidu has created a brand and a series of products, and consequently built a moat to fend off Google and other competitors. This is confirmed
Reading Time: 2 minutes Last week, an American friends asked me about the booming Chinese eocnomy and how to benifit from it. There are many Chinese ADRs in listed in the US market these days, but I don’t think they are suitable for most individual investors (they are for the bolder speculators only 🙂 Why ICBC ICBC, Industrial and
Reading Time: 2 minutes GSI Techonology As I talked in my previous post (a while ago), this is the little semi-conductor (very fast SRAM) stock (Nasdaq: GSIT) I bought a year ago at its IPO. Since its IPO it reported two disappointing quarters at first, more recently it reported two decent quarters (Fiscal Q4, Fiscal Q3). But I sold
Reading Time: 2 minutes Yesterday, our home PC acted strangely after my wife downloaded something from a China web site, basically there is always an Ad bar at the top of Internet Explorer (something like the picture below, full size pic here). To fight against the ad bar, I did the following: upgrade the IE to 7. That did
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