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By stlplace on Jul 7, 2008 in China, earning, Economy | 0 Comments
GRE analogy problem
China GDP number: politicians vs.
Corporate earning: executives stock options
Hint: the local officials pump up the GDP numbers so that they can get promoted; the corporate CEO/CFO pump up the earning number so that their stock options will be more valuable.
Of course in an ideal world, when the law is enforced, those kind of […]
"古人云，人不自信谁人信之." Others won't believe in you unless you believe yourself. --Chinese proverb
Hello, world :-) I am not another stock expert. I am an ordinary guy who believes: by lifetime learning, indepenent analysis and disciplined investing, little guys can achieve great return.
I grew up in China and currently working on CFA level I this June. Here I'm blogging about business, finance, stocks, other fun stuffs in the US and China. Comments and Email are welcome.
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