Reading Time: < 1 minute Good reading I found John Bogle’s 6 Lessons for investors (WSJ op-ed, Jan 8 ) to be good. A few years ago I read John’s Little Book of Common Sense Investing, and was not impressed by it because at that time the market was very hot. Now it all makes sense to me. John is

Reading Time: 2 minutes Madoff story continues to occupy the news these days (e.g., this one from NYTimes). Yesterday, Satyam, the No. 4 Indian IT outsourcer, broke the news with giant accounting scandal (BBC news, wiki: Satyam). But the story does not end here. In my mind, there are many other ponzi schemes in our lives, and sometimes people

Reading Time: < 1 minute Sunmmary: the issue of 3G license (news here), the immature domestic standard being assigned to CHL, and no cool handset. All the above combined with the slowdown of Chinese economy is creating a headwind for China Mobile near term growth. China Telecom (NYSE:CHA, the landline operator recently acquired CDMA business from China Unicom) is ramping

Reading Time: < 1 minute I ordered this Asics GT-2130 from 6PM early this Monday ($46 including shipping). The regular costs $95. It arrived yesterday and got plenty of cushion. 6PM is doing a sale on many Asics shoes. (click men or women on the left to refine results).

Reading Time: 2 minutes Summary of 2008 Aren’t we glad 2008 is finanlly over? I am sure most people (who are not hiding under rocks) are. On a positive note, most of us survived from the crash (so far). But we do learn a lesson or two on economy and market: live within means, don’t over extend yourself, and

Reading Time: < 1 minute I am thinking going to this event again this year. I went there 2 years ago, and was impressed by what Grand Center has to offer. I can not think of other big New Year celebration activies here. The direction to Grand Center is here. Happy New Year !!!

Reading Time: < 1 minute Back to software. I installed the VS 2008 couple days ago. Two things worth to note. 1) Install from iso image: initially I burned a DVD from the iso image. During install it could not find couple files, probably because the DVD drive spins too fast. So I used this MagicISO freeware to mount a

Reading Time: < 1 minute S&P 500 index (google Finance), the US bench mark index used by many mutual fund managers, dropped 38.49%. Even the greatest investor guru of our time Warren Buffett could not escape the bear attack, his holding company Berkshire Hathaway (NYSE:BRK.B) dropped 32%. (In 2008 S&P 500 index dropped 575.24 points or 38.91%, from 1478.49 to

Reading Time: < 1 minute 1) Pay the Jan mortgage by Dec 31; 2) If you own small business, buy the stuff you need to buy anyway by Dec 31; 3) Sell the losers in your stock portfolio: I mean those true losers that you don’t expect them to come back. Some people sell their losers and buy them back

Reading Time: 2 minutes Some random thoughts on Chinese IPOs: Home Inns, New Oriental, Focus Media (Sina). Home Inns I stayed at Home Inns Zhongshan Park this time. This is a relatively new Home Inns hotel (it was operated as Shanghai Ningxia Hotel before joining the Home Inns family recently). One block away, I saw another Home Inns hotel: