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
Category: Business
Weekend thoughts end with 02-05-2022
Reading Time: 2 minutes I bumped into a youtube talk on Lin Biao (who was the No. 2 between 1966 and 1971, at least figuatively, behind Mao Ze’dong in PRC. See wiki: this English wiki has information regarding his death aka the 9.13 incident as well). The talk was given by Professor Gao Hua (who passed away about 10… Continue reading Weekend thoughts end with 02-05-2022
Recent Olivette Developments
Reading Time: < 1 minute (Update 2: 06-22-2022) Besides new apartments below (again The Oliver which is almost done as of June 2022, and The Opus Group Multifamily Redevelopment Project at Irvington and Reyem Courts which I assume will take some time / years or months), there are also two townhouses complex. Hilltop West-attached home redevelopment project and Olivette Townhouse… Continue reading Recent Olivette Developments
Alipay wechat Pay
Reading Time: 2 minutes I was travelling in China for 9, 10 days recently, and I can see those two payments method everywhere. From the small food stall to KFC, one of those two methods are widely accepted, and in many cases cash transactions are very rare. I noticed this trend about 1.5 years ago during my China trip… Continue reading Alipay wechat Pay
Why Wal-Mart is losing to Amazon
Reading Time: 2 minutes Just look at this smart watch on Amazon. Can you believe one can get a smartwatch that basically has the functions of a $100+ pebble watch, and sell for $12.80 at Amazon? We know stuff at Wal-Mart are made in China. How about this watch? I bet it’s made in China too, not only that,… Continue reading Why Wal-Mart is losing to Amazon
Going east: China iOS app dev companies and potential market
Reading Time: 3 minutes (Update 05-10-2014) I saw the IPO of China based Cheetah Mobile in the news, not too impressed or confident of their apps though, although I know they make money. Cheetah was a subsidiary of Kingsoft (and King still has a big stake after IPO). I also noticed the WSJ article about China app market. I… Continue reading Going east: China iOS app dev companies and potential market
Top Ten Mistakes Made by Financial Agents and How to Prevent Them
Reading Time: 2 minutes The following is a guest post created by Ashley B. Mulvey who writes for financial advisor career advice , her interest blog she uses to share her knowledge to assist people cope with the facets of economic advisory. Financial Advisers can have great careers and be real assets to their communities, but they can fall… Continue reading Top Ten Mistakes Made by Financial Agents and How to Prevent Them
Xerox: invented mouse and GUI, but jumping into BPO
Reading Time: < 1 minute Today Xerox announced a $6.4 billion deal to buy BPO (short for busines process outsourcing, basically IT service) company Affiliate Computer Services (NYSE:ACS), refer to this MarketWatch article for more details. Both companies are not new to me, because I know Xerox (Palo Alto Research Center, Wiki entry, PARC own web site) invented the computer… Continue reading Xerox: invented mouse and GUI, but jumping into BPO
Healthcare reform: some good things about US hospitals
Reading Time: 3 minutes Went to St. John’s Mercy hospital last week, accompanying my wife for the baby ultrasound thing. I am familar with St. John’s because I went there couple times before (once was I hurt myself during roller blade skating, and I had to get two stitches there). As I said in my previous healthcare reform post,… Continue reading Healthcare reform: some good things about US hospitals
IS blockbuster busted?
Reading Time: 2 minutes VHS:blockbuster vs. DVD:Netflix This is the GRE (Graduate Record Exam) analogy I would use for movie rental companies Blockbuster (NYSE:BBI) and Netflix (Nasdaq:NFLX). The popularity of VHS tape made the success of Blockbuster, as I read from Wiki, the first Blockbuster movie rental store was established in Dallas in 1985 (24 years ago). By similar… Continue reading IS blockbuster busted?