Chinese Railways and Speculating Pig Farmers [View article]
and what is this old communist canard about the new bourgeois classes as the only beneficiary? Come down here to the Yangze river delta and ride the trains to see what wide variety of people are traveling.
Chinese Railways and Speculating Pig Farmers [View article]
> are those high-speed rails, which may be fast, exciting and fun to ride, economically justified? Even if they were justified in the US or Europe, where the economic value of every hour saved is many times the value in China, they are probably not justified in China.
haha, you should come down here and ride on the fast trains in the Shanghai/Nanjing/Hangzhou area to see that everyone benefits. The 220 km/hour trains depart every 15 minutes, carry nearly a thousand people each, and even so are full to the neck. Plus I sont see how this hurts the airlines - noone ever considers flying between these cities.
China Security & Surveillance: A Speculative Growth Company [View article]
This company has been trying to cover up the lack of growth in its core business with acquisitions. They havent been able to acquire very profitably either, while buying up a bunch of companies with margins lower than their own.
And, "if you believe the analysts" is too much to ask. The guys who have ratings on this stock are the same guys who brought them public, so make your own conclusions.
GE CEO Immelt: Misdirected on Healthcare [View article]
Wow, thats pretty strong language. I see a gap in logic here. One is that imaging is not the same as the supposedly useless if you believe the author cancer medicines. GE does not make cancer medicines. The other mistake the author makes is that what GE is trying to do should be done and will be done in any case. It does not benefit and is not harmed by the passage of the bill in congress or any other imaginable events. So whats the logic of this article?
What Did the Ratings Agencies Know About AIG? [View article]
the rating agencies should have been downgrading AIG all along as it was piling up the 200$B in financial insurance, a notch for every extra 20$B added. If they did that AIG might have stopped before it was too late. I personally realized something was fishy when the CFO proudly declared that AIG was unlikely to pay out even a dollar on all those financial insurance products it wrote - when was that? Sometime in 2007?
Capitalism, Socialism and 10-Year Returns of Country ETFs [View article]
the tax rates you are using are all wrong!
The US rate is much more than 25%, and China's is much less than 27%. India wishes it collected 43% of income, but doesnt.
If you are going to do statistics, you better collect more accurate data, and on more qualtities. Otherwise, you should just make an in depth analysis just on a couple of similar otherwise countries but which have a significantly different level of taxation.
"Much of the liquidity high frequency traders are adding to the mix is simply to match trades created by other high frequency traders."
This is pure silliness - it may or may not be true but how would anyone know? Its not like anyone has an overall birds-eye view of the markets who could tell.
if you destroy a bridge that is being used to transport goods, the destruction of the bridge will take out of GDP sales of all those goods. If the bridge had a tollbooth on it, the negative impact on GDP is even more direct. The author postulates that the destruction of infrastructure would "add" to GDP, and the basic argument here is idiotic.
Second point is that once reconstruction starts sometime later, often couple years down the road we should indeed count the activity in GDP because construction workers get payed, machinery gets bought etc... so there is nothing in this article aside from moralizing.
The Latest on Fuel Cells: Novellus Systems' Investment Pays Off [View article]
just because INTC and NVLS invested it does not mean they are planning to make and sell fuel cells. nothing in the news suggests that they are going to do so, in fact i'd say it is extremely unlikely.
China Pays Too Much for Oil in Iraq at $16 a Barrel [View article]
this is hilarious... western oil companies dominate the world non-government owned oil production. Addax itself was not built by the chinese, there are dozens of other western owned oil exploration and production companies, even while China has none. Moreover there is a reason that these companies have been so successful which is that they take calculated risks while the beauraucrats at Petrochina are completely incompetent in this area. If chinese were so smart, they would drill for their own offshore oil in the East and South China sea.
When Anonymous Sources Disappear Entirely [View article]
>Given the choice between a simple assertion and that same assertion backed up by “people familiar with the matter”, I’ll take the simple assertion any day.
Not so. "people familiar with the matter" are people who have firsthand knowledge as opposed to transmitting hearsay through the rumor mill. The reporter does in fact know which is it, so we have to rely on their integrity. If reporters start making simple assertions, then there is nothing stopping them from reporting simple rumors as fact. Because we cannot always rely on the reporter and even their boss, the Editor's, integrity traditionally all information must be sourced. In the good old times Editors refused stories sourced anonymously unless there was <b>strong</b> reasons for them to be protected - like Deep Throat.
When Anonymous Sources Disappear Entirely [View article]
It sure sounds like the words are from the horses mouth, that is Jobs himself. That would explain perfectly why it is not necessary to attribute it to "people familiar with the matter".
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Latest | Highest ratedChinese Railways and Speculating Pig Farmers [View article]
Chinese Railways and Speculating Pig Farmers [View article]
haha, you should come down here and ride on the fast trains in the Shanghai/Nanjing/Hangzhou area to see that everyone benefits. The 220 km/hour trains depart every 15 minutes, carry nearly a thousand people each, and even so are full to the neck. Plus I sont see how this hurts the airlines - noone ever considers flying between these cities.
Is This Market Overvalued? Not Yet [View article]
China Security & Surveillance: A Speculative Growth Company [View article]
And, "if you believe the analysts" is too much to ask. The guys who have ratings on this stock are the same guys who brought them public, so make your own conclusions.
GE CEO Immelt: Misdirected on Healthcare [View article]
The other mistake the author makes is that what GE is trying to do should be done and will be done in any case. It does not benefit and is not harmed by the passage of the bill in congress or any other imaginable events. So whats the logic of this article?
What Did the Ratings Agencies Know About AIG? [View article]
Federal Express Worth 25 P/E? I Don't Get It [View article]
Capitalism, Socialism and 10-Year Returns of Country ETFs [View article]
The US rate is much more than 25%, and China's is much less than 27%. India wishes it collected 43% of income, but doesnt.
If you are going to do statistics, you better collect more accurate data, and on more qualtities. Otherwise, you should just make an in depth analysis just on a couple of similar otherwise countries but which have a significantly different level of taxation.
High Frequency Trading Glitsch [View article]
This is pure silliness - it may or may not be true but how would anyone know? Its not like anyone has an overall birds-eye view of the markets who could tell.
Dangerous Fallacy in GDP Measures [View article]
Second point is that once reconstruction starts sometime later, often couple years down the road we should indeed count the activity in GDP because construction workers get payed, machinery gets bought etc... so there is nothing in this article aside from moralizing.
The Latest on Fuel Cells: Novellus Systems' Investment Pays Off [View article]
Imax: Fast Money's Rising Star [View article]
China Pays Too Much for Oil in Iraq at $16 a Barrel [View article]
When Anonymous Sources Disappear Entirely [View article]
Not so. "people familiar with the matter" are people who have firsthand knowledge as opposed to transmitting hearsay through the rumor mill. The reporter does in fact know which is it, so we have to rely on their integrity. If reporters start making simple assertions, then there is nothing stopping them from reporting simple rumors as fact. Because we cannot always rely on the reporter and even their boss, the Editor's, integrity traditionally all information must be sourced. In the good old times Editors refused stories sourced anonymously unless there was <b>strong</b> reasons for them to be protected - like Deep Throat.
When Anonymous Sources Disappear Entirely [View article]