stlplace

The other day, I heard some interesting words on the TV:
If you want to be happy for a day, buy a lottery ticket; if you want to be happy for a week, buy a new car; if you want to be happy for a year, (don’t remember exactly) buy a new house; if you […]

Well, except Wall Street, I have plenty of people to be thankful about…
1) My parents and my family members: without you I will not be where I am today. Or maybe I will be an investor banker (more likely a financial analyst) in Shanghai? Just kidding.
2) My wife and her family members: there is something […]

Stocks
Vanke (00002.SZ) expects a 100% to 150% profit growth in 2007 (vs. 2006). That translated to a 67% to 100% increase of earning per share. Chairman Wang Shi is saying the China real estate industry is still fragmented: Vanke has 1.25% of market share.
Longtop Financial (LFT), the new IPO, is under pressure today. Bought […]

I don’t know if you notice this is 桂花 sweet osmanthus season again. On my way to work, I can smell it. Such as this one (on Changning Rd. near China Merchants Bank). I liked 桂花 because in my primary school, we used to have one or two trees, and we can smell it during […]

Xiao Ke is a German guy. His wife Kiki is my wife’s elder sister. They came back home to see the family, friends, and do some sight seeing. I think Xiao Ke is the first German guy I ever talked to. He has very good understanding of Chinese and Germany culture/philosophies.
I’m curious to learn […]

The market is full of news these days, and it looks like the drama will be on for a while. But will “tape reading all the time” be helpful for investing? Interestingly I read an abstract of an article on this topic (written by a finance professor at Wash. U.), his conclusion is no. In […]

This morning on my way to work, I passed by an ICBC branch, seeing many people on the line, I turned around to take a picture. Then…I got hit by a bicycle. It’s nothing serious, but one won’t feel good about it. My point here is be careful about traffic when in China, the rule […]

Last Friday (August 10) we got married at Shanghai Xuhui District marriage license office.

The place we received the certificate and pledge (swear?) our oath.

John Mackey, the founder and CEO of Whole Food Markets (WFMI), allegedly used pen name “RahoDeb” (his wife name is Deborah) publishing his opinion on the stock at Yahoo Message Board. Here is the link to the mesages.
Of course, the thing really hits news is his comments about competitors, such as Wild Oats and […]

I bought my first stock back in 1994 when I worked for a manufacturing company in Shanghai, and I got to buy 250 shares when the company went public. After that between 1996 and 1997 I did some trade in stocks because at that time the Chinese stock market was very hot, if not as […]