Reading Time: < 1 minute In this bear market, we can watch Cramer, read WSJ, Yahoo Finance, Google Finance etc. But all this can not substituted “reading what the real masters are thinking”. With that in mind, here is Buffett’s talk about US economy Money available, cheap, due to rate cuts, quote the article: Buffett said that what has taken

stlplace
February 7, 2008

Reading Time: 2 minutes For entertain purpose only, note I am not endorsing any one of the canidates 🙂 Super Tuesday surprise 1) Huckabee won 5 states in the south. Mitt, your “Huckabee is a spoiler” talk backfired. 2) The show me state (Missouri) voted for change; the coastal state (NY, CA) voted for more of the same. The

stlplace
February 6, 2008

Reading Time: < 1 minute The unexpected snow storm hit China hard, at the worst time it could find: the Chinese New Year, when billions of people travell to their home to be with their families. Here are some places that could use our little help. 1. China Snow Storm Disaster Relief Fund, the money will be forwarded to Red

stlplace
February 6, 2008

Reading Time: < 1 minute Last night is the last trading day for Chinese domestic stock market, for the year of pig. According to Google Finance, the index is up 72.09% in the year of Pig. The index closed at 4,599.70, a tiny bit shy of 4,600. Shanghai composite has been up BIG two years in a row. Guess that’s

stlplace
February 5, 2008

Reading Time: < 1 minute The miracle play of Eli Manning and his teammate. ELi is the little brother of Peyton Manning. I think this play will be remembered by people (at least me) for years… By the way, there is a super bowl indicator for the market, it says if NFC team wins the super bowl the market will

stlplace
February 5, 2008

Reading Time: < 1 minute Obviously most of them don’t know what they are talking about, accoring to Free Money Finance. This is actually confirmed by Karen Blumenthal, the author of Grande Expectation: a year in the life of Starbucks stock. She said (before wrote the book), she has been financial journalist for more than 20 years, but she did

stlplace
February 4, 2008

Reading Time: < 1 minute I wrote about the bubble of PetroChina during its Shanghai IPO last Nov. I understand lots of people in China (San Hu 散户) are under water on this one. Obviously they bought into this “the most profitable company in Asia” slogan touted by some institutions that wanted to dump their shares during IPO. Here I

stlplace
February 4, 2008

Reading Time: 2 minutes US Tax Rebate The US congress and president are on the same page for one thing: help every American buy an iPod (a.k.a. the tax rebate thing). For me while I am glad to get some of my tax dollor back (rather than been blew away in Iraq, or paying a Carribean trip for some

stlplace
February 4, 2008

Reading Time: 2 minutes I started pay attention to the mobile phone and service providers lately. In fact I bought some China Mobile (CHL) shares about 2 weeks ago (bought it a bit early again 🙂 Nokia: the balance Nokia is the No. 1 brand in China as shown in baidu Shouji (cell phone) report. One thing I noticed

stlplace
February 3, 2008

Reading Time: 2 minutes Ballmer has been chasing Jerry Yang for a year, and today he ran out of patience. Interestingly enough, I learned it from CNBC first time (around 5:30 AM central time). Note, last time I watched early CNBC, it was Jan 22 global crash…so the lesson for me don’t get up too early 🙂 The desperation

stlplace
February 1, 2008
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