Reading Time: < 1 minute One major difference between US and Chinese (including Hongkong) stocks are the stock ticker symbols. The US markets use the abbreviation of English names, e.g., MSFT for Microsoft, ADBE for Adobe, F for Ford, T for AT&T, etc. While Chinese use numbers 601398 for Industrial & Commerce Bank of China, 601988 for Bank of China, etc. Maybe Chinese really like the
Reading Time: < 1 minute No I did not go back to school for MBA or something. Actually I went to a nearby school for lunch with my coworkers this noon. I have tried a few places inside the Cloud Nine building. They are not expensive but not cheap if we consider the 1:4 ratio I derived a while ago. And I need to
Reading Time: < 1 minute Harrah’s is a large gaming (a better word for gambling) company in the US. It has presence in St. Louis and many US cities. Note gambling is still illegal in China. For ordinary Chinese citizens, since they can not fly to the famous southern town starts with “M”, they go for the cheaper options. The lottery
Reading Time: 2 minutes I have taken United Arlines (UA) flights from St. Louis to Shanghai couple times. This one is probablly most adventurous. The main problem was caused by the weather in Chicago. I thought this newly created ORD to PVG routes by UA and AA would benifit people in the Midwest: save one stop, for instance, if we take Northwest, we will have to stop
Reading Time: < 1 minute Here is this year’s letter (in PDF). I read his letters a few years back. Recently I bought his book (at right side bar, in blue), it’s essentially a collection of his annual shareholder letters. His letters are highly regarded in the investing community. I hope one day I could go to his annual shareholder meeting in Omaha. It was said he
Reading Time: 2 minutes It’s Oscar time again. The show starts at 7:30 PM central time on ABC, it’s 5:30 PM at Kodak theater in Hollywood. This is probablly one of the most highest rated TV show in the States, just like the CCTV Spring Festival Show in China. It’s a tradtion. And full of fashion, as you may notice
Reading Time: < 1 minute Friday evening I attended the New Year celebration at Olin School of Business, Washington University. It was organized by Greater China Club. Very well orchestrated, although the party is a bit late since New Year was Feb 18. I remember a few months ago our friends Indian students celebrated their Dawali. I think both groups did well in showing the Olin
Reading Time: < 1 minute I listened to Crocs earning call this evening. The numbers look good, it beats the Street expecation as I expected. They also raised Q1 2007 and 2007 full year guidance. Some of the interesting developments: 1) Nascar cross licensing (cross sell). Since they started Disney relationship in summer 2006, they expanded to NFL, NCAA football, NHL
Reading Time: < 1 minute I am not talking about the tips in the restaurants; I am talking about the stocks going up after we sell them, doesn’t that happen all the time? Just like it goes down after we bought it? My most recent example is New Oriental (EDU, it seems to me the traders did not take too
Reading Time: < 1 minute Source: Google CN and Yahoo China (Why did not baidu come up with something?) I noticed Yahoo (US version) has lots of pictures about Lunar New Year. While Chinese young generation are embracing the western holidays such as Christmas and Valentine’s Day (in some ways western holidays are overshadowing the most important Chinese holiday), western world
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