Reading Time: < 1 minute This evening, when I got back home, my wife was bottle feeding the baby, and the baby started to hold the bottle using both her hands. After a while, my wife let her hand loose, and Serenity (Youyang) continued to hold the bottle, and feeding herself. I will post a picture tomorrow. Her feeding self
Reading Time: < 1 minute Forget about the stupid IPOs, stocks, economy,…it’s baseball time in this baseball town. St. Louis Cardinals is playing NLDS (National League Division Series) against LA Dodgers. Here is the local (St. Louis area) TV schedule. Gm 1 STL @ LAD Wed 10/7 9:37 TBS Chris Carpenter v Randy Wolf Gm 2 STL @ LAD Thu
Reading Time: < 1 minute I remember once my Accounting instructor told his father bought him a Kansas ulility stock when he was a kid (maybe 10 years old or so). The interesting part is everyday he would read the stock section of newspaper and check the price of his stock. One reason he chose accounting as his profession. I
Reading Time: < 1 minute From: David Stern To: Referees in NBA playoff and finals Subject: new rule on elbow If Kobe elbows somebody, don’t call him foul. See YouTube video below. And a fan’s story here. Else (if ordinary guy like Anthony inadvertently elbows somebody like Williams), call him foul.
Reading Time: < 1 minute Yesterday, the jocky it sponsors, Kent Desormeaux won the Belmont, one of the triple crown in horse racing. (source: http://www.sportsbusinessdaily.com/article/120965). Today, Roger Federer, its spoke person, won the French Open. The Ad below is a bit old, but Netjets released a new Ad shortly after the win, which is a bit funny.
Reading Time: < 1 minute It’s payback time. Now that “green shoots” are everywhere, many banks, big or small, want to return the TARP money. It seems to me this government effort rescuing the financial system is pretty much like miracle, only 6 months ago, I remember it was like the sky was falling. Now everyone is healthy, at least
Reading Time: 8 minutes (Update Apr 2). April Fool’s day was yesterday but Financial Fool’s day continues. FASB just lifted the strict mark to marke rule (business week; market watch). (Original) This is NOT what I am saying, but this is essentially the bankers and their friends in congress are saying these days. Tomorrow FASB will vote on fasb
Reading Time: < 1 minute I sold my remaining BRK.B share last week, and got some US bank (NYSE: USB) shares instead. The main reason I sold BRK.B is: 1) I don’t really understand the valuation of the business, which is 50% insurance + 50% manufacturing, housing, retailing etc. I have no idea for insurance and the whole thing is
Reading Time: < 1 minute (update) CNNMoney appears to agree with me. When did I sound like MSM (main stream media)? Obviously, that’s how the US goverment thinks. When bailing out the AIG, they were saying AIG is a systematic important institution, and they just could not let it fail. And here is the bailout (handout details).
Reading Time: < 1 minute This is the T. Rowe Price TV commercial I saw today.
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