Reading Time: 2 minutes the link to publisher here. author: Nomi Prins, formerly Managing Director of Goldman Also author interview by Vermont senator Bernie Sanders (I) at After Words (C-Span). There is a video link at the right. This book reminds something I read from Ruth’s Chris (Nasdaq:RUTH) 2008 annual report, Risk factors, bullet 5 (quoted below): Turmoil in

Reading Time: 2 minutes Not really someone else, but my in-law Here are some explanations on redeem mile for someone else at About.com. I thought about this idea, because I got about 55,000 miles in my AA advantage account (mostly from my China trips, plus some business travel I did in last year), and it appears a deal

Reading Time: < 1 minute Blogging is declining. My friend Wang Jianshuo reminds me about this trend. Obviously Jianshuo has much more authority on this because he started blogging on Sept 11 2002 and has a large followers at his blog. On the other hand, I have joined Facebook, LinkedIn, Twitter this year (not necessarily in this order). And it

Reading Time: < 1 minute My old friend, high end restaurant with family appeal, and a legendary founder (company web site). I traded it (Nasdaq:RUTH) back in 2005 shortly after its IPO. Obviously with the recession, high end was hurt badly, RUTH was no exception. To make matter worse, RUTH bought a seafood chain in early 2008 using debt. The

Reading Time: < 1 minute From NBR at PBS. Here is series one. This is a topic of behavioral finance.

Reading Time: < 1 minute The other day my wife asked me an interesting question: how long will the recession last? I think her implied meaning is how long the job market will be like this (with unemployment rate reach 10%)? I thought about it, and my answer is it could last 2 to 3 years. But on the other

Reading Time: < 1 minute Got some Developers Diversified Realty (NYSE:DDR) shares. A bit late. But as an old saying goes “better late than never”. Why I said “late”? Because the smart money already bought a boat load of this in Feb this year (Developers Diversified Enters Into Agreement to Sell 30 Million Shares to the Otto Family). Quote: it

Reading Time: < 1 minute How much Google knows about you? The google dashboard. I found out the google search I did last Saturday on “enable root on Mac” (by going to google => “My Account” => “web history”). I believe there is a setting a google user can change to disable google to collect the data. But for me

Reading Time: 2 minutes I was a little busy recently, due to many reasons. Thus I did not paid much attention to stock market in the past week, and the big drop in last 6 trading days did not concern me as much (due to distance), another reason is I sold some stocks before and during those days, so

Reading Time: < 1 minute (Aug. 06, 2009) Strategic Hotels misses estimates, sees local revenue fall, quote: A closely watched measure of REIT financial performance, FFO is net income excluding gains or losses from property sales, plus depreciation and amortization. (May 1, 2004) Table Is Set for New Round of Hotel IPOs, quote: Historically, stocks in the sector traded at