Reading Time: < 1 minute Lots of travel lately. After I got back from Chicago last Saturday evening, I was on the road again on Sunday afternoon. Destination: Florida. This Sunday I am going to travel back to Shanghai, and spend some time there. Florida trip is a bit nostalgia one as I got to see a real manufacturing plant,

stlplace
December 12, 2008

Reading Time: 3 minutes First I would like to say Chicago is freezing cold. I did not spend much time outside, but I did feel it when I was waiting for the bus and train from Midway to hotel (and back). It’s a short trip, 29 hours exactly (4PM yesteday to 9PM today), and the main purpose was taking

stlplace
December 6, 2008

Reading Time: < 1 minute When I was booking the Hyatt hotel at Expedia a while ago, it offered me the Expedia Citi Premier Card. I went ahead and did it, to get the $50 off for the first purchase (the hotel booking). They do offer another card, which gives back up to $100, with an annual fee of $75.

stlplace
December 5, 2008

Reading Time: 2 minutes Obviously the big 3 auto makers came back to news with the Congressional hearing today. This big 3 Washington show started before the Thanksgiving with the “corporate jet gate”, in which the reporters and some congressmen questioned the 3 CEOs taking corporate jets to ask for money: it like one begs for money while wearing

stlplace
December 4, 2008

Reading Time: < 1 minute Got some RIM stock (Nasdaq: RIMM) yesterday, as I saw some weakness have already priced into its current price. At P/E (ttm) of about 12, and projected single digit growth in 2009 (after serveral years hyper growth), the expectation on the stock is really low these days. At the same time, the newly released Bold

stlplace
December 3, 2008

Reading Time: 2 minutes (Update) Felt I am like a car-thief today: had to climb from back seat to front seat, because the front doors were frozen due to snow. Don’t know how the by standers felt? (Original) It started to snow here in St. Louis, yesterday morning I saw a little bit snow on the car, this morning

stlplace
December 1, 2008

Reading Time: 2 minutes Final push for Dec 6 CFA I Working on Schweser practice exam now. One lesson from last June test is too little practice exam (only one). Lets see if I could complete all 3 practice exams by Dec 5: with careful reviews and reading on weak spots. Unite miles for WSJ I got this idea

stlplace
November 29, 2008

Reading Time: < 1 minute The Indian Mumbai incident caught a lot attention these two days (started on Wednsday Nov. 27 10 PM Indian time). Obviously this is extra-ordinary and tragic event (there are no winners). But I would like to share two story I heard yesterday and today, both of which are much closer to our daily lives. I

stlplace
November 28, 2008

Reading Time: < 1 minute CNBC Maria Bartiromo interviewing Saudi prince Awaleed, the largest shareholder of Citi Group (NYSE: C), after the US gov (aka we the tax payers) bailed out the Citi and the prince. Here are the terms (PDF). Maybe president Bush gave him assurance that his holding won’t get much diluted before the rescue? The video lasts

stlplace
November 24, 2008

Reading Time: < 1 minute Week in review 11/17/08 to 11/22/08 Crazy market If you have not paid attention to the market lately (for whatever reason), yesterday and today’s market should have got your attention, because of its huge volatility: big down yesterday and big up today. Note yesterday Paulson spoke at California and today’s news is NY Fed chief

stlplace
November 23, 2008
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