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    • Wed Oct 10th 14:02 PM | Rating: 0 0
      Commented on:
      "Wu Li Re Xin" - Irrational Exuberance in Chinese
      Being caucasian has nothing to do with it; shame on you for suggesting otherwise. I've spent quite a bit of time there and do not dispute the county's impressive economic growth record or its prospects, as I stated above.

      However, the value of a stock is determined by many things other than the economic growth rate of the country where it is listed. My analysis was a look at the numbers as they are: the valuations accorded the stocks in relation to profits being produced.

      To conclude that stocks are overvalued is a judgment call--ultimately I may be right or I may be wrong--but is not an indictment of the country, it's people, or its growth prospects. It appears that your pride has prevented you from telling the difference.
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    • Wed Oct 10th 13:44 PM | Rating: 0 0
      Commented on:
      "Wu Li Re Xin" - Irrational Exuberance in Chinese
      Thanks for the correction. I know it was a clumsy translation, but the best I could do on short notice with only a few years Chinese language training under my belt. But thanks just the same...now I know.
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