My recent shopping experience with Dangdang tells one thing:China's internet shopping industry could be a classic example of near-perfect market that is worth studying by the economists.With fierce competition and a large number of participants,it is the customers who benefit!展开全文 原微博
南京，似乎以古城墙著名；可是在西方人的眼里，墙是一种障碍，带有引申的含义，PINK FLOYD乐队著名的WALL，包括在金融行业经常提到的CHINA WALL，都是阻隔的意义。在YOUTUBE上有一个关于英语演讲，下面的一个评论很有意思“YOUR COUNTRY IS BUILDING A GREAT FIREWALL OF CHINA ”，演讲也可以。展开全文 原微博
The news is misleading - it was not built by gov of Canada,but a charity group called Tribute to Liberty.At the same time,Canadian Gov still defends its $2.5m for Dr.Bethune Memorial,which is deemed as supporting communism.I hate to say,but this kind of news doesn't add any value展开全文
There is no fundamental change in China's situation - bad loans problems existed long time ago;corruption just got worse-off - shorting China is just an irrational behavior called "panic"!展开全文
People had to give up firecrackers for the festival,as reported;but it is not firecrackers that caused the pollution but those daily stuff like cars,manufacturing,etc.This is a problem for Chinese.展开全文 原微博
回复@Todddddaydayup: Certainly the composition of the portfolio and risk apetite of the funds manager lead to that.There also could be the fundamental problem with the stock market,where it is dominated by SOE stocks and the mrket is not aiming for resource allocation.展开全文
There is some difference there:20 years ago,there was no market for property and there still existed the distribution of "free" homes,as part of welfare;therefore,the relationship between income and house price may not be accurate! //@黄河舟子: 历史证明房价与收入挂钩其实没有涨展开全文
As value investor,one of the most important principles is:margin of safety.McDonald's' stock price does not give Buffet enough margin of safety and usually we are looking at market price being 50% of its intrinsic book value.展开全文
Don't forget the purpose for QE is not to push the stock market higher - so in terms of influence,you need to specify from whose perspective. //@中大期货林毅: //@杨昕韵: 先存一下。展开全文
Also see how important population is to the music type:) //@ste0wen: //@曲艳丽: See how important diversity is to a society! //@美洲花栗鼠: Source is Wikipedia/Google.展开全文
Insurance companies,depending on whether life or casualty,usually allocate a sizable portion in fixed income securities. Given this interest environment, it is natural to obtain a low yield. //@巴曙松: 还需看投资的结构构成展开全文
Don't know what Obama has done in the past 4 years - a president has to make tough decisions but Michelle put everything behind the excuse of hard decision,lack of data,etc.No doubt GOP's policy might be hard to digest,but in the long run,it will make country back on track!展开全文
This seems to be the question that Oppenheimer brought up before. Or even Nobel himself. //@陈秋霖: “好人”的定义是什么？有定义才好判断。。。 //@胡锡进: 弱弱问一句：钱学森是好人吗？用这道题在睡觉前测试一下你自己吧。晚安。展开全文
