Reading Time: < 1 minute When the Master speaks, we all listen. Here is what he said on CNBC “squawk on the street” Aug 22. Note I don’t pay attention to CNBC and “Squawk on the Street”, unless it’s someone like Buffett or Gross (Pimco) speaking. Here are the transcripts at CNBC. I read it from trader1688 first. Some interesting

stlplace
August 25, 2008

Reading Time: < 1 minute Boy, he makes the 100 meters, 200 meters so easy. (Bolt hold Jamaica flag after winning 100m; Source: China.org.cn) What else can I say? I wish I could be talented in stocks as he does in running πŸ™‚ Also maybe we should visit the beautiful caribbean country of Jamaica, and we may get some inspiration

stlplace
August 20, 2008

Reading Time: 2 minutes Original link here. Some discussions at trader1688. I don’t know even if Warren can come back from this one. Just like in soccer, when you are 0:10 and have 10 minutes left, basically even Maradona (wiki: Diego Maradona) can not help. That’s why we don’t want to “all in” (in this case, use margin) when

stlplace
August 19, 2008

Reading Time: < 1 minute Obviously when Chinese track star Liu Xiang quit the race due to heel injury, we are all disappointed. Not only the fact he could not get a “face saving” gold medal, and he is China’s only hope on track and field (at least from men side); but also the fact we did not know how

stlplace
August 19, 2008

Reading Time: < 1 minute (Spreadtrum A/R and inventory from 4Q 06 to 2Q 08, click to enlarge) As shown in the picture above, their A/R (account receivable) jumped from $1.4 m on Mar 31 to 17.4 m June 30; inventory did not reduced much. This is also evident from its reduced cash postion. Read more details from its earning

stlplace
August 16, 2008

Reading Time: 2 minutes For US audience of Beijing Olympics, NBC (including CNBC, MSNBC, USA, Telemundo and Oxygen) is the only place for extensive coverage, because the exclusive broadcast deal between NBC and IOC. While NBC did unprecedent largely positive coverage of this event, Beijing and China, I can still felt the “colored glass” of some of the comments

stlplace
August 15, 2008

Reading Time: 2 minutes I felt lucky I did sell some Spreadtrum (Nasdaq:SPRD) shares a short while ago when it exceeded $6 (a quick pop). But I don’t know why I bought some back couple days ago at $4.48. I did not bet on earning these days, but this one had dropped quite a bit from the pop, and

stlplace
August 13, 2008

Reading Time: < 1 minute Players: foreign investment bankers, Chinese goverment The motivation of Foreign investment bankers: pump and dump, make money from the warrants (options) in Hongkong market. Chinese goverment Goverment usually does not know economy or business, just look at Bush admin you will know. In China goverment plays two roles in telecom revamp: as regulator and as

stlplace
August 13, 2008

Reading Time: < 1 minute his crew. The opening ceremony beat many people’s expectation. Yesterday and Today I have heard two coworkers walked over to my office and congratulating me. I think we should thank Zhang Yi Mou and his crew instead, in addition to people who provide the $300 million budget πŸ™‚ (Courtsy of Yu Pei, blog) This may

stlplace
August 12, 2008

Reading Time: 2 minutes Let me borrow the ad slogan from Li Ning’s apparel and shoes company: anything is possible. His performance in sky demonstrated this idea very well. So as the opening ceremony, I think it blew away a lot of people’s expectations. So congrats to Mr. Zhang Yimou and each of 15,000 performers, and their families, for

stlplace
August 9, 2008
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