Reading Time: < 1 minute Shoe retailers Here are some of the major shoes stores in the US. Snapshot from the Shoe Carnival ICR XChange 2008 conference. X axis stands for the choices of shoes; Y axis stands for income level of customers. My own experience In recent years I bought most of my shoes shoes from online stores such
Reading Time: < 1 minute Well, if one does not, like Under Armor who skipped ICR XChange conference this year, rumors will go out. Quote StreetInsider “Under Armour (UA) Sinks On Fears Of Back-End Weighted ’08 Earnings” January 17, 2008 11:01 AM EST Shares of Under Armour, Inc. (NYSE: UA) are under heavy pressure this morning which is being attributed
Reading Time: 2 minutes I know no broker offer this as an option in IRA. But how about buying Berkshire (BRK.A, BRK.B) over mutual funds in a taxable brokerage account? Not only does Berkshire has a track record which beats almost all mutual fund (21.4% annual compound return in last 42 years) and the 10.4% annual return of S&P
Reading Time: 2 minutes I came across this list of top 25 stocks in last 25 years from AOL money and finance. The original article was appeared on USAToday Sept 15, 2007. Note statistically, a sample of 25 is too small to draw any scientific conclusion. But I found a few things to be interesting nonetheless. 1) Two money
Reading Time: 2 minutes The following was my the new year resolution for year 2007. I am putting my comments in italic. Personal Spend more quality time with family and friends; cut Internet and TV time. Did the first part, I did spend more time with my parents, brother’s family, and my wife (girl-friend). Whether quality or not is
Reading Time: < 1 minute Also, I will be visiting families and probablly not updating this blog for a week or so.
Reading Time: 2 minutes For the mutual fund, besides being the leader in its category each year, one key performance measure is to beat the bench market index. For instance, if a fund is invested in emerging markets, one key bench mark is MSCI emerging market index (EFM, an ETF tracks this index). For reference, the index is up
Reading Time: < 1 minute It priced at $26, according to AP news. I did NOT bid on NetSuite IPO eventually. Two things: it raised price range from initial 13-16 to 16-19; and I noticed NetSuite is not profitable so far. On the other hand, when its bigger rival, the on-demand software provider SalesForce (CRM) did IPO in 2004, it
Reading Time: < 1 minute Since the economy is so bad, I am going to give away some gift certificates for restaurants.com. Just do my part to boost the US economy Seriously, I am going to give away up to Four $25 gift certificates (valid in the US only), to the loyal supporters and friendly commentators of this wonderful
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