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Yao Ming better than Warren Buffet?

Really interesting article, it seems like even basketballer can have a great second career! 147% profit in a single day seems too good to be true.

Lesson learnt is it takes rich to be rich and it is the rich that get the pre-IPO shares.

From CNA Forum

美国巴菲特(Warrent Buffett)一向被视为“股神”,但是,最近,中国篮球好手姚明的风头却一时盖过巴菲特,原因是他以数十万元赚回6100万元(人民币,下同,约 1220万新元)。

根据媒体报道,姚明所投资的股票合众思壮,前天在深圳交易所中小板挂牌上市,首天收盘即大涨147.3%,报91.50元,为今年以来上市新股首日涨幅的 冠军。

据说,姚明持有该公司67.5万股,账面值在28个月内从37.5万元飙升至6176.25万元,升幅达164.7倍。

报道指出,合众思壮的控股股东郭信平与姚明于2007年底签订了“股权转让协定”,郭信平向姚明转让公司37.5万元的股权,姚明当时出资37.5万元。 其后,这家从事科技业务的公司改制成股份公司,姚明的37.5万元股权变成了67.5万股。

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