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Some Thoughts on China “One Belt One Road” Strategy by Reading the Book of “All the Presidents’ Bankers”

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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Huawei Competitive Advantages and Moat Analysis

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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Trip to Puerto Galera Island in Philippines (Coco beach and White beach)

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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Investment Wisdom from Buffet Letter to Berkshire Shareholder in 2017

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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One Day Tour for the Culture and History Heritage of Philippines

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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Some Thoughts on Business from Maslow’s Hierarchy of Needs Perspective

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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Visit Nanhai Temple (南海禅寺) in Runan

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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Runan (汝南), a thousand year history small town in Central China

Runan (汝南) is my home town, so in the Spring Chinese new year, I went back to Runan to celebrate the Spring Festival with my family. Runan, another name Tian Zhong, have thousand years history in China, and many famous people are born here, also with many beautiful cultural stories, for example, Lian Shanbo and Zhu Yingtai, a famous lover in Chinese history, died here. With tremendous history background, there are many beautiful scenarios. This is Tian Zhong Mountain (天中山),…
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Financial Analysis of Huawei

Financial analysis is a fundamental process for evaluating the company you are interested in. When I make financial analysis, I would like to analyze from the following perspectives: financial health, financial growth, profitability analysis, management related data for a long time span, at least 3 years. Next, I will take Huawei as an example to analyze for  the past 5 years, and the financial data are all coming from Huawei annual reports, and are all using CNY. 1. Financial Health….
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True Investment Lesson from Warren Buffet

As the world moving towards inflation age, every government want to print more money to solve certain problems. The fast increasing new money made normal people lose their purchase power, and every one is eager to find out a way to maintain their current wealth. So many investment managers are showing people of different investing ways, such as gold, oil, P2P, stock, real estate, etc, and promising huge returns in a short time. The result is always turned out that…
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