Ellen Ning Zhao’s musing between sense and sensibility
Posted in Uncategorized on Sep 17th, 2008
Well, the market has been wildly bloody these days. But for those who have never got their hands dirty with equities (most Germans are such people), I can only say, you only get great chance like this once every 30 or 40 years. It’s time to build a long position in equity market.
The financial crisis [...]
Posted in Uncategorized on Aug 25th, 2008
Sniff:
Industrial & Commercial Bank of China (ICBC) becomes the newest most profitable bank of the world (source: bloomberg.com) Last year, the champion was Hong Kong Shanghai Banking Corporation (HSBC). Below is a list of the top ten largest banks by market capitalization (rank, bank name, country, market cap in billion dollars):
1. Industrial & Commercial [...]
Posted in Germany, finance, investment on Jul 29th, 2008
I watch ARD’s Börse report (equity market report) at around 19:55 almost everyday. Today a gentleman in the program said, in countries like Sweden and the Netherlands, 30+% citizens hold stocks. In Germany, only around 5% citizens are shareholders. The gentleman said this is not a good sign, the Abgeltungssteuer (capital gain tax) for long-term [...]
Posted in finance, investment on Jul 28th, 2008
Disclaimer: the main purpose of this note is to help myself distill and internalize the information from the investment books, mags and websites I read. If you feel it’s informative, I’d be very glad. But please do not take it as your investment guide. People have different personalities, what appears very right to me, might [...]
Posted in finance, investment on Jul 27th, 2008
Disclaimer: the main purpose of this note is to help myself distill and internalize the information from the investment books, mags and websites I read. If you feel it’s informative, I’d be very glad. But please do not take it as your investment guide. People have different personalities, what appears very right to me, might [...]
Posted in finance, investment on Jul 24th, 2008
Disclaimer: the main purpose of this note is to help myself distill and internalize the information from the investment books, mags and websites I read. If you feel it’s informative, I’d be very glad. But please do not take it as your investment guide. People have different personalities, what appears very right to me, might [...]
Posted in finance, investment on Jul 22nd, 2008
A while ago I started to work as a software engineer for a company in Hannover. I spend about one hour per day on trains between Hannover and Hildesheim. My father sent me some cash for getting a new car. I got car magazines, did some homework and made a schedule with a car dealer. [...]
Posted in China, Germany, economics, finance, investment, politics on May 22nd, 2008
The Wise: Helmut Schmidt, ex. Chancellor of West Germany from 1974 to 1982. The talk below was on 2008.05.20. When I get time I’ll try to translate it into English.
The complete interview can be found here.
If only Angela Merkel were as half as wise as Helmut Schmidt is, Germany would have much less problems now. [...]
Posted in China, economics, investment, politics on May 14th, 2008
Sniff:
Jim Rogers: China’s Economic Advance is All But Unstoppable Recently I was reading a 20-year-old book “Market Widzards: Interviews with Top Traders” and was deeply impressed by Jim Roger’s accurate prediction for the world economics in late 1980s. More impressive was his way of viewing the world economics. Now let’s see what he said about [...]
Purposive without Foresight
Ellen Ning Zhao’s musing between sense and sensibility
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