stlplace

Got some RIM stock (Nasdaq: RIMM) yesterday, as I saw some weakness have already priced into its current price. At P/E (ttm) of about 12, and projected single digit growth in 2009 (after serveral years hyper growth), the expectation on the stock is really low these days. At the same time, the newly released Bold […]

Final push for Dec 6 CFA I
Working on Schweser practice exam now. One lesson from last June test is too little practice exam (only one). Lets see if I could complete all 3 practice exams by Dec 5: with careful reviews and reading on weak spots.
Unite miles for WSJ
I got this idea from Kilinger’s […]

Yes, the game already started, e.g, the women’s soccer. This morning I saw the team USA vs. team Norway on MSNBC. The US lost 2 goals in first 5 minutes, not a good way to start a game.
BTW, here is the TV schedule on NBA family (NBC, CNBC, MSNBC, Telemundo, USA, Oxygen). You need […]

CFA test did not turn out the result I liked to see. I thought about the reasons, besides the unlucky factor (my score right around the pass/fail line), I attribute the main reason to myself: I did not work hard enough, and my financial knowledge is not good enough. Imagine if I could make more […]

IS out. I could not fall asleep this morning at 5:30 AM, 2.5 hrs before the official score release. Logged into the web, hope to see something, nothing there, watched some Bloomberg TV, and back to sleep (listened to iPod actually because I could not fall asleep).
8:00 AM, back to computer again, could not […]

(Update June 8 ) Read couple interesting blogs on yesteday CFA exam. This one from Singapore, and another one from China (in Chinese).
(Original June 7) After came back from the Hilton hotel testing center, I went directly to Schnucks store, to get the Stella Artois beer, and 3 oranges. Why 3 oranges, because I […]

(Update) Two miners survived after 14 days of Sichuan earthquake. My inspiration.

(Original) You may notice I have not updated my blog as frequently as usual, one reason is I am busying preparing for the CFA level I exam this Saturday. Although the outcome of the test is far too early, let me offer some guidance […]

It seems there is lots of confusion about Berkshire (NYSE:BRK.A, BRK.B) options (paper) loss in its Q1 earning report, especially among individual investors. First, let me quote Buffett’s take on those options in his recent annual shareholder letter (link to letters):
“The second category of contracts involves various put options we have sold on four […]

I printed out the CFA exam admission ticket yesterday, the test will be hold on June 7. Still got to read up the economics (my least favorite topic). So far I have read “financial management and statement analysis”, “quatitive methods”, “equity analysis and portfolio management”, and I’ve almost completed the “Options and derivatives”. Another thing […]

The Coca Cola stock vs. Starbucks stock
In last 10 years (Mar 6 1998 to today Feb 28 2008), according Google Finance, SBUX went up from 4.93 to 18.78 (+280%, split adjusted, SBUX has not paid any dividend). That’s about 14% price appreciation annually.
On the other hand, KO went from 68.66 to 59.56 (-14.44%). But there […]