I was in my early 20s when VCRs became popular, and I remember thinking that the VCR would destroy the movie theater business. I reasoned who would pay $5 a person to watch a movie that you could rent for $3? Boy, was I wrong. What I didn't realize is that people, especially teens and young adults...
HSBC Holdings, the U.K.-based banking behemoth, said it was going to hire 2,000 employees in China and Singapore. Since over 50% of its profits come from Asia, HSBC knows a thing or two about the region. “Opportunities for growth are many in China. We forecast that the combined middle-class population...
Posted to
Uncommon Wisdom
by
Tony Sagami
on
05-27-2011
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Filed under: Asia, Boom, Tony, Sagami, Chinese Stocks, China, Stock, Investing, Asian Investment, Invest, growth, investment, Prices, global
I don’t get it. I’m talking about spending upwards of $100,000 (or more) on a car. Sure, I dreamed about owning a Porsche or Ferrari when I was a young man, but that was when I had no money and even less brains. I will forever be the son of a frugal farmer, so a Ford or Chevy pickup will...
Posted to
Uncommon Wisdom
by
Tony Sagami
on
05-13-2011
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Filed under: Asia, Boom, Tony, Sagami, Investing, Asian Investment, Invest, growth, investment, global, Car
All of us have enduring childhood summer memories. I remember the sweet taste of fat, wild blackberries we picked by the Puyallup River, the neighborhood pickup game of baseball in the cow pasture, family picnics at Surprise Lake, clam digging in Hood Canal, and the summertime stink of rotting cow blood...
Posted to
Uncommon Wisdom
by
Tony Sagami
on
02-18-2011
Filed under:
Filed under: Asia, Boom, Tony, Chinese Stocks, China, Stock, Investing, Asian Investment, Natural Resources, Invest, Global Population Boom