Travel, read, and witness China Development, invest in China for a lifetime
Once upon a time, there is a poor guy in Chu country (楚国) in ancient China, reading a story in the book of “Huai Nan Zi” (淮南子): A cockroach hiding behind a leaf so that the predators can not find it. So an idea immediately was sparkled in his head, he collected many leaf from tree, and put one of them covering his eyes. He asked his wife: I can not see u, can u see me? His wife answered…
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Bohol island is one of the most famous places in Philippines for its unique Chocolate hills, Tarsier, many beautiful beaches, and the diving paradise. I have booked the air ticket and reserved hotel one week before Holy Week, however, just 3 days before holy week, news were exploding that terrorists and government army fighting, which made 9 people died in Bohol island. I was very nervous and kept watching the news in Bohol. As the Holy Week drawing near, and…
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If sunshine, air, water, food, electricity are the five essential elements for every one’s life before, after the third technology revolution, Internet becomes another essential element. We all know PC, mobile phone and Pad, because we can enjoy amazing Internet services from these terminals. However, most of us don’t know that there are complex telecom systems behind to support all these Internet services. Just like every house has a faucet, we can drink water because of there are water plants…
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Recently, I have read a book “All the Presidents’ Bankers”, which illustrate the history of interconnection of USA political and financial power since 1900s. The most intriguing part to me is that this book provides an insight how USA succeed to become the world most powerful and wealthy country in the 20 century. In this book, the story begins with 1907 stock market panic, how JP Morgan save the market by his power. JP Morgan influence stunned the president Theodore…
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In previous posts, I have discussed the management and financial performance of Huawei. If you are interested, please go to review, and any suggestions are welcomed. Today, I want to focus on discussing about the moat from my perspective. Moat analysis is very important for value investment, since it can provide you an insight for how long this company can enjoy wonderful profits. After witness Huawei fast development in the past years, I think the moat of Huawei concentrates on…
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This is my second time to go to Puerto Galera island, which is one of nearest island beside Manila. In Puerto Galera island, there are many beautiful beaches, the most famous ones are Sabang beach and White beach. Sabang beach is well known for wonderful diving experience, and White beach is famous for its long beach with nice sand. It’s convenient to go to Puerto Galera island from Manila. In the JAM liner Buendia Terminal, there are many buses to…
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Each year, after Warren Buffet took office in Berkshire, he will write a letter to shareholder together with annual report. In this letter, Warren not only summarize the performance of Berkshire in the past year, but also brief his investment philosophy. It’s a holy bible to every value investor. In Feb 26, 2017, Warren Buffet released latest letter to the world as usual. Numerous of critics or news have reported and analyzed for the letter, so I don’t want to…
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When I stayed in Philippines, sometimes I asked my local colleagues about their history, they seem don’t know much about the history before Spanish colonial age. I am a history fan, and always want to know the history stories. As there’s an old saying, that is how long you looking into the past determines how long you can look into the future. I take that for granted. If you want to know the history, the best place will always be…
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Human has variety of needs and desires in all their life, and companies are set up to serve all these different needs. With the development of society, people pursue more than ever before, that’s why numerous new startups were built every year. Some companies are dedicated to develop continuous competitive strengths for satisfy a certain people needs for long term growth and profit, however, there are also many companies change from one area to another, always trying to pursue the most…
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During my vacation in Runan, I specifically went to visit Nanhai Temple, which is the most famous place in Runan, also one of the largest Temple in China. This is the entrance of Nanhai Temple. After entering inside, you will immediately see the beautiful scenario of this temple. “以戒为师” remind people to keep away bad desire, such as greedy, lazy, addict, etc. And then we will walk through “Collaboration Gate” (合作门), reminding us to learn to collaborate with each other….
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