Archive for August 21st, 2007
Tuesday, August 21st, 2007
BRK.B as Safety
In Intelligent Investor, Graham suggested have anywhere between 25 to 75 ratio between bonds and stocks in portfolio. While I believe this time has past, some high-yield saving account can offer up to 5% rate with cash in hand, a better choice than bonds (well most bond, bond with stock option are different story. Recall [...]
No Comments » - Posted in Money Talk by oneonian
Tuesday, August 21st, 2007
CHL and BIDU hot stocks but not worth the price
CHL and BIDU the largest wireless phone carrier and the the largest search engine like google, both of them in China. With expansion in rural and with business booming, no doubt the these two companies are going to explode. but I haven’t brought any, even during the the past week, which offered the best entry [...]
No Comments » - Posted in Money Talk by oneonian
Tuesday, August 21st, 2007
someone give me a pat on my back
Ok so i didn’t buy on last thursday auguest 16, the worest day before FED Cut, but I came close, the buy limits I set prior to 15th, 2 of them got hit, CXTI and YZC. One up 15% one down 5%. The low liquidity BEIJF got brought on 17th, up +10% also. The Tech [...]
No Comments » - Posted in Money Talk by oneonian
Tuesday, August 21st, 2007
BUY CFC
I am buying CFC for 1 lot on margin. I hate to buy in margin but I think its the right timing for CFC. With net income averaging over 2 billion, its only valued at 11billion, meaning within 5 years you get your money worth. I think Buffet sees this and going to buyout CFC as [...]