Reading Time: < 1 minute Study for CFA Not just for the passing of the test, or the certificate, but also to learn the knowledge, which is more important for me. Actually as I read the quantatitive fundmental, I can connect the dots with my portfolio performance. Very practical stuff. Blogging It’s likely I will reduce the number of posts

Reading Time: < 1 minute By technical analysis (TA), I mean those candle charts, wave theory etc. Those are techniques day traders use frequently to make small profit out of price fluctuation. Nothing against it, but I feel those techniques are not useful for long term investors. Actually from I read, Buffett also learned all those stuff before, but obviously

Reading Time: 1 minute Yes, the long anticipated credit card giant is filing for the IPO. Here is its S1 prospectus. I have not read the S1, but from what I read (from MSNBC), they are going to raise up to $10 billion. That’s the largest IPO in US since 2000, and it’s the category of China ICBC’s IPO

Reading Time: < 1 minute 来美国已有十年, 美国大选也经历了三届. 从两千(1999)年的布什, 戈尔佛罗里达选举大战, 到最后最高法院介入. 套用我前同事的话, 最高法院(注意: 不是老百姓)选了布什. 2004年, 民主党想夺回白宫, 不少仁人志士跃跃欲试, 参与初选. 先是狄恩(HOWARD DEAN), 这老兄本是医科出身, 偶然的机会参政, 任美国东北部佛蒙特州长十余年, 倒是把这个东北农业州治理得井井有条. 想必也与医生出身, 做事理性务实有关. 他在任内最主要成就, 是实现了州财政盈余. 要知道在他当政之前该州多年财政赤字. 言归正传, 狄兄作为小州的州长, 虽有政绩, 但是缺少资金和全国的名气. 他想到了一招, 用网络来传播他的施政纲领和筹款. 还记得MEETUP.COM, 这个(网上)组织聚会的网站, 当时的名气有点像现在的YOU TUBE. 不知道是DEAN和MEETUP是谁帮谁出了名, 结果是DEAN筹的款最多. IOWA(衣阿华)CAUCUS之前, 戈尔大哥也宣布支持DEAN. 看来民主党提名是非DEAN莫属. 民意调查也显示DEAN领先.

Reading Time: < 1 minute Last two quarter earning report has dragged Crocs stock from $75 to around $25. Many analysts, bloggers, pundits, pretty-much-everybody-wears-shoes (and consequently knows the shoe business) think the stock price is reasonable now. That is, assume Crocs can unload its massive $250 million inventory successfully. By success I mean they did not give it away to

Reading Time: < 1 minute This blog is mostly about finance and stocks, but I will share other intereting things as well. After all, life is more than making (or losing) money. (It’s about spending money as well 🙂 Wind shield stopped working in ice storm It happened to me last Thurdsay, in ice storm The wiper quit working after

Reading Time: 2 minutes USA today has an interesting article regarding Chinese investors (speculator more precise) learning a tough lesson in the domestic stock market. The article used two example to explain: (Picture source: USAtoday.com) In October (2007), Wang, 45, invested $2,800 in a Beijing real estate firm, chosen, Wang explains, “because it’s called an ‘Olympic stock,’ and ought

Reading Time: 2 minutes Another crazy day, the market traded mostly lower today, until 3:30 PM EST, CNBC reported Ambac will announce it raised capital earlier next week. It seems everyone just can not get enough stocks since then, all the US indices reversed the downward trend and closed higher. For me, the feeling is like “hew”, my little

Reading Time: < 1 minute Stars on Ice We saw Shen Xue and Zhao Hongbo yesterday, very nice. Both the show and the couple. By the way, a little advertisement, my wife had a nice write up for the event. Like and don’t like about snow/ice storm Don’t like 1) Clean up my car (I don’t have garage); 2) The

Reading Time: < 1 minute Crocs broke my heart; RIM made my day. While CROX continued his downward spiral, today Research in Motion (RIM, Nasdaq: RIMM) is up 8% on the news it will beat its forecasted subscriber growth. Now I regret I did the swing last week, in which I cashed in some gain, and reduced the number of