Reading Time: 2 minutes The stock market continued its downward trend this past week, and on Friday, S&P 500 went down 20% from the beginning of the year, and it officially tested the bear market (20% down is a measurement of bear market). But, per other measures, such as Schiller PE, it’s 36 as of 04-01-2022 (may down a… Continue reading Weekend thoughts: what a market and apple fitness+
Author: stlplace
Who is to blame for inflation in the US?
Reading Time: 2 minutes I heard a lot of inflation talk among friends recently. I think the CPI data kinda confirms it. The gas and food prices went up a lot in recent months. Last time we saw $4 a gallon gasoline, it was about 2012 or 10 years ago. The answer to “whom to blame” question, like many… Continue reading Who is to blame for inflation in the US?
Weekend thoughts 05-14-2022
Reading Time: 2 minutes Indoctrination (powered by Oxford Language): the process of teaching a person or group to accept a set of beliefs uncritically. When I grew up in China, I recall my first Chinese lesson is “Chairman Mao lives always in our heart” (毛主席永远活在我们心中)。I recall the time when Chairman Mao passed away: when I was about 5. That’s… Continue reading Weekend thoughts 05-14-2022
Alternative investments to cash
Reading Time: < 1 minute Inflation adjusted bondSeries I Savings Bonds (wiki) S&P 500 index fundsHow to Invest in the S&P 500. There are many, below is one from Vanguard. I know fidelity has one too. There should be others. Some of the stocks I think it’s safe to own for long timeBAC (bank of America)KO (Coca Cola)BRK.A or BRK.B… Continue reading Alternative investments to cash
Weekend thoughts 05-07-2022: Berkshire Hathaway 2022 shareholder meeting
Reading Time: 5 minutes I went to Omaha last weekend, left STL on April 29 Friday, attended meeting on April 30 Saturday, and left Omaha back to STL on May 1st Sunday. The full comment and Q&A session (including the actual shareholder meeting) is broadcasted by CNBC and available at YouTube. Note when I drove to Omaha on Friday… Continue reading Weekend thoughts 05-07-2022: Berkshire Hathaway 2022 shareholder meeting
Weekend thoughts 04-24-2022
Reading Time: 2 minutes The spring finally came, or one can argue the temperature yesterday in St. Louis is like summer (above 80 Fahrenheit). I already cut grass once, and this morning I did a bit more yard work. I like yard work, to some extent. It made me to move a bit, in addition to run / walk… Continue reading Weekend thoughts 04-24-2022
Any interest in the Integirls program?
Reading Time: 4 minutes Do you want to be an “involved parent”? I guess at least, we don’t want our kids watching ASMR on youtube all day… or for that matter, watching YouTube shorts, TikTok, Instagram and doing Snapchat? And may I add roblox, adopt me, Minecraft, and Fornite 🙁 Sorry this is the only games I know my… Continue reading Any interest in the Integirls program?
Berkshire Hathaway annual shareholder meeting 2022
Reading Time: < 1 minute PDFs Genenal info; Omaha visitor guide Hotel (below is copied from the general info PDF above) TRAVEL & HOTEL ASSISTANCEIf you need assistance in arranging lodging, we recommend contacting Travelink, American Express:Travelink, American ExpressHotline: (866) 301-3011(615) 277-5179 (Outside the U.S.)Email: to teampearl@travelink.com Hotels fill up fast, especially in the downtown area. There are many options… Continue reading Berkshire Hathaway annual shareholder meeting 2022
Math in Focus, Singapore Math Textbook
Reading Time: 2 minutes In my daughters school, we started this math curriculum about 5, or 6 years ago. One thing I noticed in the US, the kids usually don’t have paper textbooks that they can bring home. My impression is the school usually provide the books when kids are in school, during the class. I also think each… Continue reading Math in Focus, Singapore Math Textbook
Weekend review 03-05-2022
Reading Time: < 1 minute I wrote this review a few days late, due to a few factors. One is the war in Ukraine which get many people’s attention including mine. I know there is a lot of tension on WeChat as well (especially the WeChat shorts for the lack of good word, basically its the WeChat’s answer to TikTok,… Continue reading Weekend review 03-05-2022