stlplace

A bit long. It was a talk Buffett gave to MBA students at the Business school at University of Florida, in 1998 (10 years ago). But I promise it’s both fun and educational
Chinese translation (中文)
English (PDF) (24 pages).
Google Video (88 minutes) original link here.

He talked about “chewing gum business” in the […]

Buffett is in the news again yesterday. This time he is playing sidekick (financing) to help Mars to buy Wrigley (NYSE:WWY), the chewing gum company. One interesting Buffett comment I heard from CNBC is “I have doing taste testing of the Wrightly gum for 70 years”.
Fun aside, Buffett and value investing have also been […]

The future of food
I watched the movie (documentary) The Future of Food in the weekend, via the NetFlix “instance play” feature. This 2004 documentary is about the genetic engineered seeds, and its effect on farmers and our daily food. I remember a few years ago there was a lot talk about genetic modified food, and […]

It’s the NBA playoffs season again, and I watched the two games between Phoenix Sun and San Antonio Spur lately. As you may know, I am a big fan of Phoenix Sun/Nash. But they disappointed me again this year: they lost 2 games in a row. The main reason is that Phoenix is pretty much […]

In last two days China Mobile (NYSE:CHL) and Syngenta (NYSE:SYT) released its Q1 results (Bloomberg: CHL result, SYT result). Both are doing very well lately. Today CHL got an upgrade from Zacks. But let’s not got too excited on the stocks, as a general rule. Also keep in mind sometimes we could use the analyst […]

(Update Apr 24) The trading tax bullet worked, at least for a day. The Shanghai composite index went up 305 points, or 9.29%. Similar performance from Shenzhen. All but two stocks in the two markets went up, many went up 10% (the limit). See the below picture for more details.

(The thumbnail above is clickable, […]

Today is Earth day, we are seeing all kinds of “Green talk” from CNBC to Fox News, from Google to WSJ, from Democrats to Republicans. I think this is all good but this environment thing should be done in our everyday lives, not some sort of campaign or movement: when the passion run out or […]

LCD TV, Sofa

High chair bar style

Seats better than Starbucks

But I have to admit the carmel latte is not at Starbucks or Panara level, it’s more like the $1 capucino one can get from gas stations. So next time I will stick with the iced latte, which I tried last time, and I thought it was […]

Currency effects
While we are heading to $4 gas (partly thanks the weak dollar), not all are victims of this trend. Think Google or IBM. Google (GOOG) and IBM reported blow out earning, while cell phone maker Nokia (NOK) reported so-so earning (or outlook) last week. One key difference is the reported currency, Google and IBM […]

Shanghai composite index closed new 52 week low today, at 3094.67 (down 12% compared to a year ago).

(full size pic here, powered by Google Finance)
But I don’t think too much of it, other than the valuation of China A share market is more attractive now. The composite index itself is screwed up because PetroChina A […]