Reading Time: < 1 minute I remember once my Accounting instructor told his father bought him a Kansas ulility stock when he was a kid (maybe 10 years old or so). The interesting part is everyday he would read the stock section of newspaper and check the price of his stock. One reason he chose accounting as his profession. I

Reading Time: 2 minutes Shanghai housing price heated up again recently, according to famous Shanghai blogger Wang Jianshuo. It’s no secret the stock market (Shanghai composite index) rebounded from 1,700 in last Oct. to 3,400 in last couple days, an 100% increase. CNN had an article How to say bubble in Mandarin. Video below.

Reading Time: < 1 minute David Swensen (head of Yale endowment management) Individual should be responsible to educate themselves if they actively manage their portfolio or just go passive: investing in index fund (this is echo to Buffett, Bogle). There is nothing in between (in other words, he thinks doing something in between can not bring good performance). David is

Reading Time: 3 minutes When I first came to the US in fall 1997, I bought the university healthcare insurance plan, which is pretty basic, and pretty cheap. I don’t have a primary physician, and I never went to the university clinic (part of the reason was I don’t know how to say those medical terms in English, part

Reading Time: 2 minutes Through the years I have bought books, digital cameras, computers, mouse, shoes and many other things on the web, from Amazon, eBay, buy.com, Sears, Zappos and so on. In some stores I could pick up the merchadise at the store (Sears, for one). I did that at Circuit City before its bankrupcy. But today is

Reading Time: < 1 minute Huntsman corp (NYSE:HUN) is a specialty chemical maker in the US, with operations all over the world. It was founded by Jon M. Huntsman in 1970. Huntsman settles lawsuit with Apollo and banks June 25 2009, SEC filing 8-K regarding settlement with banks. Dec 15 2008, SEC filing 8-K regarding settlement with Apollo Group. Matlin

Reading Time: < 1 minute courtesy of CNN UK (CNN video link no longer available, here is a text link on LinkedIn, LinkedIn registeration needed): translating financial jargon into plain English, CNN’s Jim Boulden tackles EBITDA and a classroom of children. EBITDA stands for earnings before interest, tax, depreciation and amortization.

Reading Time: 2 minutes (CNET) Chinese authorities probe iPhone worker’s death (PCWorld) iPhone Suicide Case Spotlights Tech’s Dark Side Apparently many foreign media can not understand why a guy will jump off the building just because the iPhone he was in charge went missing? Well, it appears to me there are two factors: 1) It’s very very hard to

Reading Time: < 1 minute This topic is heating up in recent days. I think there are a lot of mis-understandings and mis-conception on this. One is a lot people think medicare is inefficient, I have not used medicare but it seems quite efficient in reality. (Source: economist) The bottom line is healthcare boils down to two issue:

Reading Time: < 1 minute Google finance released the new interface last week. I did not feel comfortable with it at first sight, but after reading its explaination and spent some time on it, I am feeling more comfortable with it now. One quick thing, those who are interested in financial statements may complain where is the good old financial