Reading Time: 2 minutes Or it was always that way? It’s just I (dumb me) vastly underestimated some people’s stupidity. Or let’s blame the smartphones and the tech bros who helped this journey of “making us dumber” 
Smartphone and Social Media This is not a joke actually, because sometimes I joked too much and my kids usually think
Reading Time: 6 minutes (Update 04-08-2025) After 2 years, the sim card I mentioned below no longer works. After the painful steps of taking pictures and so on, it gave an error message saying that “the number is already being used”. So, I no longer recommend it. We bought another sim card after return the not working one. Will
Reading Time: < 1 minute TDMA, or TD-SCDMA, is a Chinese domestic 3G standard (Wikipedia). China was not behind the west in terms of 2.5 GSM network and applications in recently years. Actually the development of mobile phones are so successful, the total users of China mobile phones users already exceeded half a billion (source: digitimes). China Mobile (NYSE: CHL),
Reading Time: < 1 minute Jim Rogers is a fun guy, not the ordinary fun guy, but a millionare investor who used to work with George Soros (made a fortune). These days he is very bullish on China, although I don’t agree with him on a lot of his investment ideas. I liked his light-heartness and his passion for travel.
Reading Time: 2 minutes This is the second part of my thoughts on bank nationalization, I hope President Obama and his finance team can read my blog, as they are thinking through the “bank rescue”, the No. 1 issue facing this country, and the world economy for that matter. As I said in my previous post, bank nationalization appears
Reading Time: 2 minutes We all know GM is in trouble financially. Its stock (NYSE:GM) is around $6, a 50 years low. A lot pundits made fun of GM and its stock on TV or the web space. But I have a different feeling for GM. Among many reasons, I think of two: 1) In graduate school I worked
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
Reading Time: < 1 minute Greenspan (regulators): for he kept interest rate too low (1%) for too long, during the recession after dot com bubble. Bush (politicians): for his failed Iraq war which cost American tax payers more than 500 billions so far. He asked American “go shopping” after 911, in addition to buying a car or a house. Democrats
Reading Time: 2 minutes Ted Koppel is on the top of the journalists I admire. He always asks tough questions in a polite manner, and he has very good insights on international matters. That’s why I was sad to see he leaving ABC NightLine a while ago; and yesterday I was glad to learn his latest project Koppel on
Reading Time: < 1 minute GRE analogy problem China GDP number: politicians vs. Corporate earning: executives stock options Hint: the local officials pump up the GDP numbers so that they can get promoted; the corporate CEO/CFO pump up the earning number so that their stock options will be more valuable. Of course in an ideal world, when the law is
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