Reading Time: 2 minutes The stock market continued its downward trend this past week, and on Friday, S&P 500 went down 20% from the beginning of the year, and it officially tested the bear market (20% down is a measurement of bear market). But, per other measures, such as Schiller PE, it’s 36 as of 04-01-2022 (may down a

Reading Time: 2 minutes I heard a lot of inflation talk among friends recently. I think the CPI data kinda confirms it. The gas and food prices went up a lot in recent months. Last time we saw $4 a gallon gasoline, it was about 2012 or 10 years ago. The answer to “whom to blame” question, like many

Reading Time: 2 minutes Indoctrination (powered by Oxford Language): the process of teaching a person or group to accept a set of beliefs uncritically. When I grew up in China, I recall my first Chinese lesson is “Chairman Mao lives always in our heart” （毛主席永远活在我们心中）。I recall the time when Chairman Mao passed away: when I was about 5. That’s

Reading Time: < 1 minute Inflation adjusted bondSeries I Savings Bonds (wiki) S&P 500 index fundsHow to Invest in the S&P 500. There are many, below is one from Vanguard. I know fidelity has one too. There should be others. Some of the stocks I think it’s safe to own for long timeBAC (bank of America)KO (Coca Cola)BRK.A or BRK.B

Reading Time: 5 minutes I went to Omaha last weekend, left STL on April 29 Friday, attended meeting on April 30 Saturday, and left Omaha back to STL on May 1st Sunday. The full comment and Q&A session (including the actual shareholder meeting) is broadcasted by CNBC and available at YouTube. Note when I drove to Omaha on Friday

Reading Time: 2 minutes The spring finally came, or one can argue the temperature yesterday in St. Louis is like summer (above 80 Fahrenheit). I already cut grass once, and this morning I did a bit more yard work. I like yard work, to some extent. It made me to move a bit, in addition to run / walk

Reading Time: 4 minutes Do you want to be an “involved parent”? I guess at least, we don’t want our kids watching ASMR on youtube all day… or for that matter, watching YouTube shorts, TikTok, Instagram and doing Snapchat? And may I add roblox, adopt me, Minecraft, and Fornite 🙁 Sorry this is the only games I know my

Reading Time: < 1 minute PDFs Genenal info; Omaha visitor guide Hotel (below is copied from the general info PDF above) TRAVEL & HOTEL ASSISTANCEIf you need assistance in arranging lodging, we recommend contacting Travelink, American Express:Travelink, American ExpressHotline: (866) 301-3011(615) 277-5179 (Outside the U.S.)Email: to teampearl@travelink.com Hotels fill up fast, especially in the downtown area. There are many options

Reading Time: 2 minutes (Update 12-04-022) Today a friend told me about another book, prealgebra, which is roughly about a 7th or 8th-grade math textbook in the USA. My daughter (7th grade) is doing the exercises on Afficient (this is a bit like the online version of the good old Kumon). (Original) In my daughters school, we started this

Reading Time: < 1 minute I wrote this review a few days late, due to a few factors. One is the war in Ukraine which get many people’s attention including mine. I know there is a lot of tension on WeChat as well (especially the WeChat shorts for the lack of good word, basically its the WeChat’s answer to TikTok,