By stlplace on Apr 30, 2008 in Master Series | 0 Comments
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 […]
By stlplace on Apr 29, 2008 in Strategy | 0 Comments
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 […]
By stlplace on Apr 27, 2008 in earning | 0 Comments
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 […]
By stlplace on Apr 24, 2008 in Strategy | 1 Comment
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 […]
By stlplace on Apr 23, 2008 in earning | 0 Comments
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 […]
By stlplace on Apr 23, 2008 in Shanghai Composite | 1 Comment
(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, […]
By stlplace on Apr 22, 2008 in China | 0 Comments
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 […]
By stlplace on Apr 21, 2008 in Saint Louis | 0 Comments
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 […]
By stlplace on Apr 20, 2008 in earning | 0 Comments
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 […]
By stlplace on Apr 18, 2008 in Shanghai Composite | 0 Comments
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 […]