Reading Time: < 1 minute Warren Buffett is visiting Europe these days, mainly looking for acqusition targets (family private owned business). Here is an interview at IMD (Switzerland). IMD is a premier business school in the Europe (thanks to investmentpostcards). There is a link to webcast at the end of the post. It covered a range of topics, and the

Reading Time: < 1 minute We all know the terrible earthquake happened seven days ago (May 12, 14:28 PM) in Sichuan province. Today the while country is mourning the loss of the lives in China. I belive many people in the world share the same loss too. After all, we are living in the same earth (global village). I visited

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