Reading Time: < 1 minute Anhuser Busch became AB Inbev, a well known industrial icon. The new AB Inbev logo looks goofy though. The eagle is fly off the AB Inbev, what does that mean? The endowment fund of Washing U. lost more than $1 billion this year (from $5.4 billion to $4.1 billion, on the paper), because of the

stlplace
November 20, 2008

Reading Time: < 1 minute It’s travel time. Thanksgiving is traditionally the busiest travel seaon in the US. But due to weak economy, the holiday travel will slow down a bit (compared to same period last year). AAA Chicago estimated the trend in this thanksgiving. (source: marketWatch) China Slowdown in China: Ctrip (Nasdaq: CTRIP), the leading online travel consolidator in

stlplace
November 19, 2008

Reading Time: < 1 minute Peter Schiff (wiki) is the manager of Euro Pacific Capital. He seems correctly called the recession. But don’t just follow his advice and buy gold (ETF: GLD). Yahoo Tech-ticker: Is this a stock picker’s market?

stlplace
November 18, 2008

Reading Time: < 1 minute On Nov 17, Baidu (Nasdaq: BIDU), China largest web search company got a huge blow in the market as the news of “Baidu placed “faked doctors and drug ad” broke (see BW for more details). This reminds me of the Focus Media (Naqdaq: FMCN) Spam text messaging story about 7 months ago. In both cases

stlplace
November 18, 2008

Reading Time: < 1 minute Carol Bartz is Chairman of Autodesk, she was the CEO of Autodesk from from 1992 to 2006 (the fast growth period). Michael Graves and Autodesk in the Future of Design

stlplace
November 16, 2008

Reading Time: 2 minutes It seems to me the panic selling in the stock market never ends. I can think of the following sources of sellers: 1) Hedge fund. Yesterday Congress has an testimony on Hedge Fund, and five famous Hedge Fund managers were there. Hedge fund industry has grown rapidly in last 10 years. Besides wealthy clients, they

stlplace
November 15, 2008

Reading Time: < 1 minute My initial thought China announced a giant $586 billion economy stimulus package a few days ago. My first response was not warm to it: I always think the Chinese goverment should invest in “Education and healthcare”. Infrustructure? Did not China already get really good infrustructures in the coastal areas including Beijing? China’s economy problem is

stlplace
November 13, 2008

Reading Time: < 1 minute Today I picked up my first Black Berry: not the new fancy 3G Bold, but the good old 8820 from AT&T. My first impression with Blackberry is it’s decent, note I only played with the browser (Yahoo, Google), Goolge Mobile App, and web browse using Wi-Fi. Because I have tried out the Apple iPhone (at

stlplace
November 12, 2008

Reading Time: < 1 minute New 401k in Vanguard Two weeks into working for new employer, today I am able to make my 401k selections from Vanguard. Sweet! It only took me a few minutes to make my choices: (30%) S&P 500 index fund (VFINX) (30%) Winsor II (VWNFX) (40%) International value (VTRIX) If there is one thing I learned

stlplace
November 10, 2008

Reading Time: < 1 minute The thing I like her talk is not only she properly called the market when HSI was at 31,000; but her attitude on money and happiness. She talked in Cantonese, which is foreign to me, but it has English caption 🙂 Credit goes to trader1688. Don’t go there for trading advice though.

stlplace
November 8, 2008
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