stlplaceLast Updated on June 3, 2007 by stlplace
Went to St. Louis Jazz and Heritage Festival 2007 at Shaw Park at Clayton yesterday. The weather did not cooporate, but the music was good. Note St. Louis has a very strong heritage in Jazz and Blues.
Last Updated on June 3, 2007 by stlplace
Went to Chesterfield mall yesterday. Something new (at least new to me):
1) Journeys is expanding there. The regular Journeys got a new place (first floor, at the intersection), the old Journeys store is “Journeys Kids”. Journeys is a subsidiary of Genesco (GCO). Foot Locker is trying to take over Genesco but was rejected for now. We know in business “No” does not necessarily means “No”, just like sometimes when girls say “No”, it’s not really “No”.
Last Updated on June 3, 2007 by stlplace
We often heard story like that someone made $5,000 in stocks in one month. Cool. But that does not tell the whole story. Why?
There are a few questions I like to ask:
1) How much did he/she make the month before and after (that particular month)? Did he/she make more money (less money) or lose money in other months. We are looking for consistency here. Also in investing we typically measure performance in longer terms, e.g., by year, at least by quarter or 6 months.
2) More importantly, how much money did he/she started with? Is it $5,000 or $100,000. The return will be 100% or 5%, respectively. Big difference.
Last Updated on June 2, 2007 by stlplace
I thought Chinese colleges like to change their names, such as my undergraduate alma mater, Huazhong Institute of Technology (HIT), changes its name to Huazhong University in Science and Technology (HUST) during 1987-1988, it changed its Chinese name again in 1990s (From 理工Li Gong to 科技Ke Ji).
It seems some US schools like name changes too. My graduate alma mater, University of Missouri at Rolla, is going to change its name to Missouri University in Science and Technology, so it will be a MUST for short. The main change is replace Rolla with S&T. I can understand the rationale behind this change, but I still prefer UMR to MUST. Although I have been in St. Louis for 7 years now, I miss my days in Rolla (the Wal-mart, Hardeer, Tokyo’s, and friends there).
Last Updated on June 1, 2007 by stlplace
Ad is everywhere these days, from Newspaper, TV to Internet. In China there is such thing called LCD sreen ad. Focus Media (FMCN) made big money out of this, although recently some residential home owners got a bit tired of this because they want some peace in their apartment’s elevator.
In the US it appears to me TV is coming to Internet more and more, I mean, the video clips, such as this one from Fisher Investments, a wealth management firm managed by Ken Fisher. I used to receive (junk) mails from them, now I can see the ad on Forbes. Fisher was a columnist on Forbes.
Last Updated on June 1, 2007 by stlplace
Here it is. You still get an hour or so to see it at its home page. In case you did not see the image below, go to hi.baidu.com and you should see it.
Is that inspired by Google? I mean, isn’t Google the first guy does logo for various holidays?
Last Updated on June 1, 2007 by stlplace
But I don’t regret it. I noticed J. Crew (JCG) IPO last summer, and started pay attention to its stock. I have been their customer since my friend’s recommendation in early 2006, bought some shirts and pants at discount, been happy with them. But, I did not buy their stock at discount last year (it has been at 25 for a while). Why I didn’t pull the trigger? There were two reasons:
1) I found the ladies’ products made up majority of the sales at J. Crew. I don’t know about ladies’ trend.
Last Updated on May 28, 2009 by stlplace
Here is a link at YouTube. I vaguely remember Microsoft developed the “Excel” program first on Mac, but I did not know Bill Gates personally worked on “Basic language” for Mac and made 30,000 from Steve.
Last Updated on June 1, 2007 by stlplace
It’s a business broadcast done in a new way. Here is the link. I heard about this site and watched a clip of “Crocs” a while ago. Now it appears WallStrip is available from Google Finance everyday (at bottom of the screen), probablly because WallStrip is popular in YouTube and Google now owns YouTube. Anyway, you may want to watch those two (Starbucks and Nike).
After watching the double over time of NBA game (between Detroit and Cleveland), endless commercials, I found this WallStrip is much entertaining. By the way, I do believe the guy does Nike’s commercials will win the NBA championship, because Nike is the biggest sponsor of NBA.
Last Updated on June 1, 2007 by stlplace
People often asked me where in the world is St. Louis, I told them the Missisipi River, Budweiser beer, the McDonald Douglas (no longer a standalone company), etc.
I think A G Edwards could be counted as a St. Louis icon too. But I did not realized it’s more than 100 years old until today it’s being acquired by Wachovia. The rationale for the buy is Wachovia is looking for opportunities in the baby boomers’ wealth management. After this acquisition the combined company, Wachovia Securities, will manage $1.15 trillion, operate 3,350 offices and employ 31,000 people. It will be the No. 2 US retail broker firm. Merril Lynch is still the No. 1.