Reading Time: < 1 minute It is reported that Pequot Capital will go out of business in next few months (from CNBC). Pequot was headed by Art Samberg (one of the Barrons Rountable 2008 expert), who would have dismal performance if he followed his Barrons Roundtable pick. Quote his best and worst picks (loss > 80%): Company Ticker 1/4/08 12/31/08… Continue reading Stock misconception: listen to experts (II)
Reading Time: < 1 minute Greenspan (regulators): for he kept interest rate too low (1%) for too long, during the recession after dot com bubble. Bush (politicians): for his failed Iraq war which cost American tax payers more than 500 billions so far. He asked American “go shopping” after 911, in addition to buying a car or a house. Democrats… Continue reading Who to blame for current financial crisis?
Reading Time: 2 minutes When I say a mutual fund manager, what kind of personality (impression) appears in your mind? A guy or a lady in his/her 40s, with financial education, 10 years or more experience in investment field… This is not the case in China. Due to the boom of China stock market in recent years, and the… Continue reading Asset management in China: I