德扑之王的抱怨（下）
《史记货值列传》记载说:“论其有余不足，则知贵贱。贵上极则反贱，贱下极则反贵。贵出如粪土，贱取如珠玉。”
德扑之王的抱怨（上）
在美国高赌注德扑圈里，大卫艾因霍恩(David Einhorn)是个常客。他文质彬彬、低声细语的样子和充满自信灼灼逼人的扑克强手形成鲜明对比。
Will the Wolf Howl – Outlook of Interest Rate hike in March
When 2015 began, most voting members of the Federal Reserve believed two rate hikes would be appropriate. Yet only one was delivered. In 2016, the Fed came back with promise …
Are Investors Too Optimistic
In a blog published by Yahoo Finance on February 20, Author Sam Ro cited a piece of research by Goldman Sachs US Chief Investment Strategist David Kostin. “Cognitive dissonance exists …
简单并非容易
一位老同学听说我在美国做投资，电邮来一篇去年8月发表于华尔街日报中文网络版的文章“投资的至简之道”，作者刘军宁。文章清晰地阐述了
An Ordinary Day
Traffic was a bit heavier than usual today as I made my way to work. At one of the intersections, the usual bespectacled traffic volunteer in his orange vest …
Mystery of the Surging GDP
On Friday Oct 28, The Commerce Department delivered an impressive headline US inflation-adjusted annual GDP growth rate of 2.9%. Stocks roared when market first opened. After paltry GDP growth in …
Evla Hills June 2016 Newsletter
Earnings Summary With 98% of companies in the S&P 500 having reported financial results, first quarter earnings season have effectively come to a close. The final report card showed an …