Reading Time: < 1 minute As millions of American workers saw their 401k became 201k since last year, this 401k thing suddenly becomes a hot topic. CBS 60 minutes did an excellent report on this topic. Watch CBS Videos Online My thoughts
Reading Time: < 1 minute CNBC interviewed McDonald CEO Jim Skinner. My wife and I visited McDonald near my home (Creve Coeur, MO), and was very impressed by the setting of the new store (I remember about a year ago I visited it and here are some pictures). Disclosure:
Reading Time: < 1 minute Jim Rogers is a fun guy, not the ordinary fun guy, but a millionare investor who used to work with George Soros (made a fortune). These days he is very bullish on China, although I don’t agree with him on a lot of his investment ideas. I liked his light-heartness and his passion for travel.
Reading Time: < 1 minute I was a bit surprised to see the anti-Ameren (local ulitily company) TV ads (link here), which shows an old person, feeling stressed by the potential 40% rate hike of electricity by Ameren. This thing reminds me of the political Ads during campaign season. Interestingly enough, Ameren is fighting back with its own Ads.
Reading Time: < 1 minute Unbelievable shot at the end of 1st half. Link here. Actually coach Anderson did ask players do those long range shoots in practice. It surely paid off.
Reading Time: < 1 minute Toxic asset plan, or Public Private Investment Partnership (PPIP). Charile Rose Hedge fund manager’s perspective: Daniel Alpert is a managing director of Westwood Captial and Thomas F Steyer is Co-Managing Partner of Farallon Capital Management (total about 22 mins)
Reading Time: < 1 minute From Charlie Rose, March 17. A conversation about AIG with Hank Greenberg former chairman and CEO of AIG, Carol Loomis Senior editor-at-large of “Fortune”, Gretchen Morgenson of “The New York Times” and Meredith Whitney.
Reading Time: < 1 minute It appears CBS 60 minutes have hit two runs in a row. Last Sunday they had current Fed chairman, Ben Benanke on the show. This coming Sunday, they will have President Obama. Also, Mr. Obama is going to appear at Jay Leno’s Tonight show this Thursday 3/19. Those two shows (I mean 60 minutes vs.
Reading Time: < 1 minute (Update 04-30-2020) The below CBS 60 minutes link are no longer valid. But I found a CNBC video from Harry on GE (another ponzi scheme, I agree). (Original 03-12-2009, note the market low on 03-05-2009) Harry Markopolos blew the whistle on Madoff long time ago. But sadly SEC did not listen. Here is the CBS
Reading Time: < 1 minute (Update 06-13-2020) The links below no longer work. This is one nature of the internet: nothing lasts forever. Here is a new article Tang Wei Zhen. (Original) Tang Wei Zhen 唐炜臻 (company) claimed to be Chinese Buffett (as shown in the following 11’24” video, link here). But apparently he is Chinese mini-Madoff. Chinese story here
Recent Comments