Education, Finance, Investing, software development, St. Louis

Day: May 10, 2007

The Best Business School

Reading Time: 2 minutes

Last Updated on May 10, 2007 by stlplace

There are lots of rankings among B-schools. But I think the best B-school in the world nowadays is China. This seems biased because I am from China. OK how about I say India?

Seriously, here are my reasonings: China is at its first stage of captalism. As I said in my previous post “is China imitating the US too closely?” China is learning from the west in many ways: from consumer goods to infrustructure (highways, 3G), from banking system to stock market, from Merge & Acquisition to branding & distribution, from automobiles to real estate, REIT, etc.

(Picture taken at SunIslandClub in Shanghai suburban Qingpu.)

Tags best-business-school, harvard, wenzhou, wharton

Stocks

Diversify or Diworsify?

Reading Time: < 1 minute

Last Updated on May 11, 2007 by stlplace

I think for small investors like me, one common mistake is “diversify”. Wait, isn’t “diversify” the first lesson we are taught to reduce risk? Yes, but as Peter Lynch said, “diversify” could mean “diworsify” too.

For example, I have 6 stocks in my portfolio now: CROX, HMIN, MR, GSIT, NINE and SBUX. Some are winners (CROX), some are losers (NINE). Had I hold all in CROX, my return would be much better. Of course you would say I had more risk too.

Tags diversify