stlplaceLast Updated on November 17, 2007 by stlplace
Week in review 11/04 to 11/10
1) Shanghai Univ of Finance and Economics, or SUFE, is celebrating its 90 years annaversary. SUFE also launched Shanghai consumer/investor confidence index, similar to Univ of Michigan consumer confidence index.
Last Updated on November 10, 2007 by stlplace
Zinio is an electronic magazine reader. It offers a wide array of Chinese magazines such as Capital Week, the best Chinese financial magazine in my mind. I subscribed it last weekend, and paid RMB 274 through China NetBank. The Zinio reader (and Capital Week) is OK except its text is not dark enough when zoomed out.
Personally I like paper back version of things better, hopefully as the Chinese stock market grows, maybe one day we can get it here just like one can get WSJ around the world.
Last Updated on November 10, 2007 by stlplace
Good product => good company => good stock?
I have been thinking about it for a while, and I believe in lots of cases this formula is not necessarily true. I understand this is a difficult topic to discuss because the subjective nature of the “good product”, “good company” and “good stock”.
For example, Marlboro (thus Altria, the company) is good for smokers because it provides stimulate to them; but it’s bad for people who lost loved ones because of cigaretee related disease. By the way, Altria (NYSE:MO) is the No. 1 in terms of investment return among S&P500 companies in last 40 years, according to Wharton professor Jeremy Siegal.