March032009---FreefalltoD-day?
MarchroaredinlikealionasIseeUSandglobalequitymarketscontinuetopushtonewcyclelowsandthelatestboutofweaknessisbeingtiedtoseveralO/Ndevelopments,includinganotherUSgovtrestructuringofAIG($30bninjectionafter61.7bnnetloss)andHSBCGBP12.5bnrightissueswithitsUSconsumerlendingbusinessclosed.Inaddition,theprospectsforCEEaregrimasEUleadersrejectedpleasforarescuepackage.Ithin...[阅读全文]
子夜读书心筆
写日记的另一层妙用，就是一天辛苦下来，夜深人静，借境调心，景与心会。有了这种时时静悟的简静心态， 才有了对生活的敬重。
博文
(2009-03-02 18:15:51)
(2009-03-02 02:44:17)
巴菲特08年致股东信要点作为伯克希尔"哈撒韦公司(BerkshireHathaway)的主席，股神巴菲特在每年公布公司业绩的时候，总要给股东写一封信。巴菲特在信中会谈到公司的业绩、展望前景并且阐述自己的投资艺术，因此，每年的"致股东信"都会引起全球商界、投资界和媒体关注的焦点。我们把股神今年致股东信的亮点做一个简单的归纳，希望能对中国的投资者和企业家有[阅读全文]
(2009-03-02 02:24:58)
(1)USTreasurybondisabubble.(2)Future'soilpricewillbemuchhigherthan$40-50.(3)USgovernment'sbailoutisessentialtoavoidfinancialmarkets'collapse,butthesideeffectwillbethehighinflation.(4)HeiscertainthatUSeconomywillbeinshamblesthroughout2009,buthehasnoideawhetherstockpricewillriseorfallin2009.
(5)Everythingwillbebetterinthefuture.(6)Peoplemake"unforcederrors",himselfnoexception-onhismist...[阅读全文]
(5)Everythingwillbebetterinthefuture.(6)Peoplemake"unforcederrors",himselfnoexception-onhismist...[阅读全文]
(2009-03-02 01:50:19)
从1349亿到145亿中国第一富豪家族“缩水”之谜理财周报
它是一条地产“大鲨鱼”。163亿股本，市值最高时超过2000亿港元。它曾催生出中国首富。26岁的杨惠妍因持有其96亿股股份，在2007年身家超过160亿美元。它叫“碧桂园”。它曾创下内地房企在港融资的最高纪录：148.49亿港元，股价一度攀升至14.18港元。但如今，股价狂泻九成，市值已大幅落后于“广东地产五虎”的合生[阅读全文]
它是一条地产“大鲨鱼”。163亿股本，市值最高时超过2000亿港元。它曾催生出中国首富。26岁的杨惠妍因持有其96亿股股份，在2007年身家超过160亿美元。它叫“碧桂园”。它曾创下内地房企在港融资的最高纪录：148.49亿港元，股价一度攀升至14.18港元。但如今，股价狂泻九成，市值已大幅落后于“广东地产五虎”的合生[阅读全文]
(2009-03-02 00:26:36)
董海川生于清代嘉庆年间(1797-1882)，河北省文安县米家坞人，幼年喜学各家拳术，及长访师江南，在桃花山上见一年幼和尚不断向树击掌，并盘树绕行，董自恃勇武上前和小和尚交手，结果大败。于是他请见老和尚，虚心求教，历经几个寒暑，尽得其艺；临别时师傅叮嘱：技艺已有成就，切忌少年气盛惹事生非，董唯唯应诺。然而回家之后偶与人争，以致出手伤人，官[阅读全文]
(2009-03-02 00:25:16)
雷死人！索马里海盗集团对中国网友的抗议
在法国巴黎一家法庭23日驳回停止圆明铜兽首拍卖请求、佳士得公司将如期拍卖兔兽、鼠兽后，中国网民发出了愤怒声音。有网友甚至点名道姓地说，“索马里海盗和塔利班也不会做出向法国那样无耻的事”。据最新消息，日前索马里海盗集团公司就网友言论表示强烈不满，并致信各大媒体提出抗议，要求该网友收回其不当言论[阅读全文]
在法国巴黎一家法庭23日驳回停止圆明铜兽首拍卖请求、佳士得公司将如期拍卖兔兽、鼠兽后，中国网民发出了愤怒声音。有网友甚至点名道姓地说，“索马里海盗和塔利班也不会做出向法国那样无耻的事”。据最新消息，日前索马里海盗集团公司就网友言论表示强烈不满，并致信各大媒体提出抗议，要求该网友收回其不当言论[阅读全文]
(2009-03-01 19:29:41)
InflectionpointloomsforfinancialstocksBySimonOsborne|2March2009
WalterChang,investmentdirectorofhedgefundROCIM,thinkswemaybenearingaturningpointforfinancialstocks,buttheoutlookforHongKongpropertyisgloomy.
WalterChangistheinvestmentdirectorofHongKong-basedlong/shorthedgefundROCIM.Wespoketohimabouthisportfolio.Howareyouperforming?Chang:Thisyearweareflatonperformance.We'vehadsomecapitalinflow...[阅读全文]
WalterChang,investmentdirectorofhedgefundROCIM,thinkswemaybenearingaturningpointforfinancialstocks,buttheoutlookforHongKongpropertyisgloomy.
WalterChangistheinvestmentdirectorofHongKong-basedlong/shorthedgefundROCIM.Wespoketohimabouthisportfolio.Howareyouperforming?Chang:Thisyearweareflatonperformance.We'vehadsomecapitalinflow...[阅读全文]
(2009-03-01 19:29:00)
WatsonWyattgrappleswithmanagerevaluationByJameDiBiasio|2March2009
Howshouldpensionplansponsorsthinkaboutmanagerperformanceandremunerationwhenmarketsaresooutofwhack?
Nobodywinsthisyear.WatsonWyattdeclinedtoidentifythosefundmanagersprovidingthebestresultsforHongKong'spensionfundtrustees--althoughitdididentifytwowhocameclose.
EveryyearWatsonWyattorganisesaseminarinHongKongtolookattheresul...[阅读全文]
Howshouldpensionplansponsorsthinkaboutmanagerperformanceandremunerationwhenmarketsaresooutofwhack?
Nobodywinsthisyear.WatsonWyattdeclinedtoidentifythosefundmanagersprovidingthebestresultsforHongKong'spensionfundtrustees--althoughitdididentifytwowhocameclose.
EveryyearWatsonWyattorganisesaseminarinHongKongtolookattheresul...[阅读全文]
(2009-03-01 18:58:20)
Insight:Theflightofthelongrun
ByPeterL.Bernstein
Published:February25200917:34
The“longrun”usedtobeoneofthemostpopulartopicsamonginvestors,particularlyinstitutionalinvestors.Inrecentmonths,discussionofthelongrunhasdisappearedfromview.Indeed,thepossibilitythelongrunhasrunawayisoneofthefewpiecesofgoodnewsIhavebeenabletofindinthefinancialandeconomicturmoilofrecentmonths.Thecoldstat...[阅读全文]
(2009-03-01 18:06:45)
BuffettSaysEconomy‘InShambles,’PromisesBetterDaysAhead
2009-03-0105:01:17.0GMT
ByErikHolmandAndrewFrye
March1(Bloomberg)--BillionaireWarrenBuffettsaidtheeconomywillbe“inshambles”thisyear,andperhapslonger,beforerecoveringfromtherecklesslendingthatcausedtheworst“freefall”heeversawinthefinancialsystem.
Stocksandtheeconomywillrebound,andthebestdaysfortheU.S.areahead,saidBuffett,c...[阅读全文]
2009-03-0105:01:17.0GMT
ByErikHolmandAndrewFrye
March1(Bloomberg)--BillionaireWarrenBuffettsaidtheeconomywillbe“inshambles”thisyear,andperhapslonger,beforerecoveringfromtherecklesslendingthatcausedtheworst“freefall”heeversawinthefinancialsystem.
Stocksandtheeconomywillrebound,andthebestdaysfortheU.S.areahead,saidBuffett,c...[阅读全文]
