stlplace

On Nov 17, Baidu (Nasdaq: BIDU), China largest web search company got a huge blow in the market as the news of “Baidu placed “faked doctors and drug ad” broke (see BW for more details). This reminds me of the Focus Media (Naqdaq: FMCN) Spam text messaging story about 7 months ago. In both […]

Carol Bartz is Chairman of Autodesk, she was the CEO of Autodesk from from 1992 to 2006 (the fast growth period).

Michael Graves and Autodesk in the Future of Design

It seems to me the panic selling in the stock market never ends. I can think of the following sources of sellers:
1) Hedge fund. Yesterday Congress has an testimony on Hedge Fund, and five famous Hedge Fund managers were there. Hedge fund industry has grown rapidly in last 10 years. Besides wealthy clients, they manage […]

My initial thought
China announced a giant $586 billion economy stimulus package a few days ago. My first response was not warm to it: I always think the Chinese goverment should invest in “Education and healthcare”. Infrustructure? Did not China already get really good infrustructures in the coastal areas including Beijing? China’s economy problem is more […]

Today I picked up my first Black Berry: not the new fancy 3G Bold, but the good old 8820 from AT&T. My first impression with Blackberry is it’s decent, note I only played with the browser (Yahoo, Google), Goolge Mobile App, and web browse using Wi-Fi. Because I have tried out the Apple iPhone (at […]

New 401k in Vanguard
Two weeks into working for new employer, today I am able to make my 401k selections from Vanguard. Sweet! It only took me a few minutes to make my choices:
(30%) S&P 500 index fund (VFINX)
(30%) Winsor II (VWNFX)
(40%) International value (VTRIX)
If there is one thing I learned from the recent market drop, […]

The thing I like her talk is not only she properly called the market when HSI was at 31,000; but her attitude on money and happiness. She talked in Cantonese, which is foreign to me, but it has English caption
Credit goes to trader1688. Don’t go there for trading advice though.

Berkshire Hathaway, a.k.a, Warren Buffett’s diversified holding company, reported a not-so-good quarter Friday after market close. Here are the results.

(full size pic here)
On the surface the result is not good. But I think the loss from derivatives is on the paper and will be temporary.
What do we learn from Buffett
Discipline, discipline, discipline (see the […]

Was on the road on election night. I left the training class at 4:25 at North Little Rock and headed to the LIT airport. When I listened to NPR at around 5:30 PM, the poll in east coast was about to close. When I got to Atlanta for transfer, it was 8:30 PM EST, so […]

At Little Rock now. One new thing about my new job is more travel. Because I did not have much travel in my past jobs, I am in the mood for more trips.

(source: http://littlerockarkansas.net/)
Little Rock, Akansas is not a big town, but it got famous because of President Clinton was from here, he was […]