By stlplace on Feb 29, 2008 in Stocks | 0 Comments
I have written an article talking about why Chinese companies come to list in NYSE or Nasdaq a while ago. This is a topic warrants more than one article, amid the VISA filing for IPO and recent controversy of Chinese companies (Ping’an and Pu Fa) tried to do secondary in Shanghai. So let me […]
By stlplace on Feb 28, 2008 in CFA | 0 Comments
The Coca Cola stock vs. Starbucks stock
In last 10 years (Mar 6 1998 to today Feb 28 2008), according Google Finance, SBUX went up from 4.93 to 18.78 (+280%, split adjusted, SBUX has not paid any dividend). That’s about 14% price appreciation annually.
On the other hand, KO went from 68.66 to 59.56 (-14.44%). But there […]
By stlplace on Feb 27, 2008 in Life Tips | 0 Comments
The caffeine effect
Which one has the most caffeine? A tall (12 fl oz, or 355 ml) brewed coffee, a tall latte with one shot of espresso (both at Starbucks), and a can (12 fl oz) classic Coca Cola?
Your instant answer maybe the latte (espresso), but the correct answer is the brewed coffee. According to […]
By stlplace on Feb 26, 2008 in Life Tips | 1 Comment
I found this Samsung A437 cell phone deal through dealsea. I was thinking about replacing my good old Nokia 6010, not that I am not satisfied with the voice quality etc. I would like to get a flip phone (6010 is a candy bar phone, and I have to lock the keypad to avoid placing […]
By stlplace on Feb 25, 2008 in CFA | 1 Comment
Study for CFA
Not just for the passing of the test, or the certificate, but also to learn the knowledge, which is more important for me. Actually as I read the quantatitive fundmental, I can connect the dots with my portfolio performance. Very practical stuff.
Blogging
It’s likely I will reduce the number of posts I write […]
By stlplace on Feb 25, 2008 in Stocks, China | 0 Comments
By technical analysis (TA), I mean those candle charts, wave theory etc. Those are techniques day traders use frequently to make small profit out of price fluctuation. Nothing against it, but I feel those techniques are not useful for long term investors. Actually from I read, Buffett also learned all those stuff before, but obviously […]
By stlplace on Feb 25, 2008 in IPO | 0 Comments
Yes, the long anticipated credit card giant is filing for the IPO. Here is its S1 prospectus. I have not read the S1, but from what I read (from MSNBC), they are going to raise up to $10 billion. That’s the largest IPO in US since 2000, and it’s the category of China ICBC’s IPO […]
By stlplace on Feb 23, 2008 in Chinese articles | 0 Comments
来美国已有十年, 美国大选也经历了三届. 从两千(1999)年的布什, 戈尔佛罗里达选举大战, 到最后最高法院介入. 套用我前同事的话, 最高法院(注意: 不是老百姓)选了布什.
2004年, 民主党想夺回白宫, 不少仁人志士跃跃欲试, 参与初选.
先是狄恩(HOWARD DEAN), 这老兄本是医科出身, 偶然的机会参政, 任美国东北部佛蒙特州长十余年, 倒是把这个东北农业州治理得井井有条. 想必也与医生出身, 做事理性务实有关. 他在任内最主要成就, 是实现了州财政盈余. 要知道在他当政之前该州多年财政赤字. 言归正传, 狄兄作为小州的州长, 虽有政绩, 但是缺少资金和全国的名气. 他想到了一招, 用网络来传播他的施政纲领和筹款. 还记得MEETUP.COM, 这个(网上)组织聚会的网站, 当时的名气有点像现在的YOU TUBE. 不知道是DEAN和MEETUP是谁帮谁出了名, 结果是DEAN筹的款最多. IOWA(衣阿华)CAUCUS之前, 戈尔大哥也宣布支持DEAN. 看来民主党提名是非DEAN莫属. 民意调查也显示DEAN领先.
结果出来, 大出大家的意外, DEAN没有拿到第一, 也没拿到第二, 这老兄居然拿了个第三. 而且比第一名的KERRY(凯里)还差了百分之十以上. OUCH. 更糟糕的是, 在选战晚会上, 他老兄为激励台下年轻人, 搞了个”I HAVE A SCREAM”演讲, 被各新闻媒体广泛传播. 被大家人为这人沉不住气, 不PRESIDENTIAL. […]
By stlplace on Feb 23, 2008 in Stocks | 0 Comments
Last two quarter earning report has dragged Crocs stock from $75 to around $25. Many analysts, bloggers, pundits, pretty-much-everybody-wears-shoes (and consequently knows the shoe business) think the stock price is reasonable now.
That is, assume Crocs can unload its massive $250 million inventory successfully. By success I mean they did not give it away to […]
By stlplace on Feb 23, 2008 in Life Tips | 0 Comments
This blog is mostly about finance and stocks, but I will share other intereting things as well. After all, life is more than making (or losing) money. (It’s about spending money as well
Wind shield stopped working in ice storm
It happened to me last Thurdsay, in ice storm The wiper quit working after working […]