wow, what a story. Check it out.
My Seed position is like adding the stock to my buy list. Going to do more research and wait for better price.
Added new link page to share my daily reads.
CSCO -just went through re-alignment, with aggressive cost cutting, CSCO position itself very aggressively in the industry in a global market dominated by two main players, CSCO and Huawei. They will have better pricing ability. Current P/E of 12 is still low enough. Long-term Trend also turning bullish.
WFC – not by choice, mostly profits from early 2009, purchased around $10. Have reduced significantly but still number two in position.
CEO – Like WFC large position from 2009. CEO still have strong competitive advantage as a Quasi-State owned oil E&P company with exclusive drill rights in China seas and other offshore areas. Hard to beat that moat. Do you think China will stop consuming Oil any time soon?
BAC – Same boat as CEO. However, I believe its much more undervalued. WFC shouldn’t worth twice as much as BAC.
BRK.B – safest bet at around cost basis of $70. Buffett already outright guaranteed the bottomline of stock at 110% of book value.
UPS – Logistic improve with recovery. I don’t when the recovery will occur, but it will come, soon or later.
Other holding: NASDAQ:ILMN NYSE:WU NYSE:UNP NYSE:NSC NYSE:MT NYSE:EDU NASDAQ:BIDU NYSE:GS NYSE:CAT NASDAQ:GOOG NASDAQ:AMZN NASDAQ:PRGO NYSE:V NYSE:ED NASDAQ:NVEC
After a year of downtime due to server problems, blog is back up again.