Reading Time: 2 minutes I sold the remaing few CROX shares today. Not because I was scared of the bad news from mortgage and banking industries, and general worsening US economy. It’s because I think the Crocs story is over, for now. Lessons learned (this is related to my previous Stock Lessons series…) 1) When someone claims some new

Reading Time: 2 minutes First a bit background. Re-org of China telecom industry All the big players: China Mobile 中国移动 (CHL), China Netcom (CN), China Telecom 中国电信(CHA) and China Unicom 中国联通 (CHU), are majority owned by the state. In the widely anticipated re-org plan, the goverment will try to create more competition in wireless arena (right now CHL is

Reading Time: 2 minutes Last week one of the news in wireless arena is Sprint Nextel wrote down all the book values for the Nextel acquisition (about $29.5 billion, see Bloomberg). Put it in perspective, this is one of the largest fiascos of corporate merger&acquisition in recent history. The magnitude is in the league of AOL and Time Warner

Reading Time: 2 minutes (Update Mar 05) My wife Shanzi had a nice write up (and pics) about yesterday’s snow. In Chinese. (Original) We had a 10 inch snow (huge by St. Louis standard) today. It took me more than 1 hour to drive from my work place to home, which usually takes 15 minutes. Of course I took

Reading Time: < 1 minute Here is some interesting stuff I read (auditor’s opinion): “We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the consolidated financial statements as of and for the year ended December 31, 2007 of the Company and our report dated February 29, 2008 expressed an unqualified opinion

Reading Time: < 1 minute Buffett released his annual letter to shareholder last Friday, which I will discuss in next few days. First let me lay out my 5 year observations about Buffett and many other money managers. 1) Buffett will tell you his stock Berkshire Hathaway (BRK.A and BRK.B) is expensive all the time (don’t buy it); while money

Reading Time: 3 minutes I have written an article talking about why Chinese companies come to list in NYSE or Nasdaq a while ago. This is a topic warrants more than one article, amid the VISA filing for IPO and recent controversy of Chinese companies (Ping’an and Pu Fa) tried to do secondary in Shanghai. So let me talk

Reading Time: 2 minutes The Coca Cola stock vs. Starbucks stock In last 10 years (Mar 6 1998 to today Feb 28 2008), according Google Finance, SBUX went up from 4.93 to 18.78 (+280%, split adjusted, SBUX has not paid any dividend). That’s about 14% price appreciation annually. On the other hand, KO went from 68.66 to 59.56 (-14.44%).

Reading Time: 2 minutes The caffeine effect Which one has the most caffeine? A tall (12 fl oz, or 355 ml) brewed coffee, a tall latte with one shot of espresso (both at Starbucks), and a can (12 fl oz) classic Coca Cola? Your instant answer maybe the latte (espresso), but the correct answer is the brewed coffee. According

Reading Time: < 1 minute I found this Samsung A437 cell phone deal through dealsea. I was thinking about replacing my good old Nokia 6010, not that I am not satisfied with the voice quality etc. I would like to get a flip phone (6010 is a candy bar phone, and I have to lock the keypad to avoid placing