Reading Time: < 1 minute I was reading the cash flow statement of CROX Q3 2007 10-Q. One thing caught my attention is the “Excess tax benefit on share-based compensation”, about $38.6 m for first 9 months of 2007, plus the “Exercise of stock options” $ 14 m., the total “Cash provided by financing activities” is $ 52 m, compared
Reading Time: 2 minutes All right, before I was going to do an accurate calculation of the annual return of my portfolio, all my year 2007 gain (realized and unrealized) are gone by yesterday market close. Blame the market? Blame the CEO of Crocs and Longtop? Blame Jim Cramer? Blame the Fed (as Jim Cramer did in his show)?
Reading Time: < 1 minute More blindman’s check on elephant… Crocs stock (CROX) had a big drop in last two sessions, amid the loss of patent lawsuit in EU, and some rumors on the business slowdown in general. When Crocs reported its Q3 2007 earning back on Oct 31 2007, it mentioned there is some excessive inventory because of the
Reading Time: 2 minutes It has been a while: I realized my understanding of some of the stocks is very much like a blindman perceives an elephant. I mean, I usually get a partial picture of the real thing, sometimes the partial picture is distorted. (source: throwtheword.com) For examples, the investing in Crocs (the shoe). It was a good
Reading Time: 2 minutes Tech for Silicon valley and agriculture for St. Louis. Silicon Valley Stocks We went to Sillicon valley for the holidays and obviously, stock is one common topic in family reunion and friends gathering. Note stock options makes up a significant portion of employee’s compensations for some of the technology companies there. I happened to read
Reading Time: 2 minutes I know no broker offer this as an option in IRA. But how about buying Berkshire (BRK.A, BRK.B) over mutual funds in a taxable brokerage account? Not only does Berkshire has a track record which beats almost all mutual fund (21.4% annual compound return in last 42 years) and the 10.4% annual return of S&P
Reading Time: < 1 minute I decided to go for the June 2008 CFA level one test, due to several reasons: 1) Learning: I am interested in learning more about finance, since it is not practical for me to enroll a formal academic program, nor do I have the discipline stick to my own study plan. Enrolling in CFA exam
Reading Time: 2 minutes I came across this list of top 25 stocks in last 25 years from AOL money and finance. The original article was appeared on USAToday Sept 15, 2007. Note statistically, a sample of 25 is too small to draw any scientific conclusion. But I found a few things to be interesting nonetheless. 1) Two money
Reading Time: 2 minutes The following was my the new year resolution for year 2007. I am putting my comments in italic. Personal Spend more quality time with family and friends; cut Internet and TV time. Did the first part, I did spend more time with my parents, brother’s family, and my wife (girl-friend). Whether quality or not is
Reading Time: 2 minutes and he had done it for 47 years (maybe not every year, but compound annual return), that’s pretty good. The following is quoted from Buffett 2006 shareholder letter, you can get the full letter at Berkshire web site: …… Let me end this section by telling you about one of the good guys of Wall
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