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Archive for August, 2008

iPhone girl »

(Update Sept 3) It appears we are all duped by this news. There are reports (mitbbs) that this while thing is manufactured by MacRumors, or someone in China. I was not surprised to see another Fu Rong Sister like thing.
(Original) I heard about it from web these days, and found NY Daily news has pictures […]

McDonald Douglas DC-9 »

Yesterday I rided the DC-9 (Northwest Air) from MSP to STL. My seat is near the wing, and it was very noisy. So I did some search, and here is the wiki entry of DC-9. As I guessed, DC-9 is an old aircraft (30+ years old). Quote Wiki:
“The McDonnell Douglas DC-9 (initially known as the […]

Buffett CNBC interview »

When the Master speaks, we all listen. Here is what he said on CNBC “squawk on the street” Aug 22. Note I don’t pay attention to CNBC and “Squawk on the Street”, unless it’s someone like Buffett or Gross (Pimco) speaking. Here are the transcripts at CNBC. I read it from trader1688 first. […]

It’s all Usain Bolt »

Boy, he makes the 100 meters, 200 meters so easy.

(Bolt hold Jamaica flag after winning 100m; Source: China.org.cn)
What else can I say? I wish I could be talented in stocks as he does in running
Also maybe we should visit the beautiful caribbean country of Jamaica, and we may get some inspiration there.

A wipe out story from mitbbs »

Original link here. Some discussions at trader1688. I don’t know even if Warren can come back from this one. Just like in soccer, when you are 0:10 and have 10 minutes left, basically even Maradona (wiki: Diego Maradona) can not help. That’s why we don’t want to “all in” (in this case, use margin) […]

Disappointing moment »

Obviously when Chinese track star Liu Xiang quit the race due to heel injury, we are all disappointed. Not only the fact he could not get a “face saving” gold medal, and he is China’s only hope on track and field (at least from men side); but also the fact we did not know how […]

Spreadtrum account receivable problem »

(Spreadtrum A/R and inventory from 4Q 06 to 2Q 08, click to enlarge)
As shown in the picture above, their A/R (account receivable) jumped from $1.4 m on Mar 31 to 17.4 m June 30; inventory did not reduced much. This is also evident from its reduced cash postion. Read more details from its earning release […]

NBC Olympics broadcast: the good, the bad »

For US audience of Beijing Olympics, NBC (including CNBC, MSNBC, USA, Telemundo and Oxygen) is the only place for extensive coverage, because the exclusive broadcast deal between NBC and IOC. While NBC did unprecedent largely positive coverage of this event, Beijing and China, I can still felt the “colored glass” of some of the comments […]

Time to cut Spreadtrum SPRD loose »

I felt lucky I did sell some Spreadtrum (Nasdaq:SPRD) shares a short while ago when it exceeded $6 (a quick pop). But I don’t know why I bought some back couple days ago at $4.48. I did not bet on earning these days, but this one had dropped quite a bit from the pop, and […]

China Telecom Revamp »

Players: foreign investment bankers, Chinese goverment
The motivation of Foreign investment bankers: pump and dump, make money from the warrants (options) in Hongkong market.
Chinese goverment
Goverment usually does not know economy or business, just look at Bush admin you will know. In China goverment plays two roles in telecom revamp: as regulator and as majority owner. […]

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    "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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