J.D

New Rules for Chinese Stock Market Investors

I agree with Egan on "The World is Flat" is a waste of time (unlike The Lexus and the Olive Tree). However, if you're the kind of person who finds the internet novel and exciting or have never left your hometown, then you may enjoy the book.

On Chinese stocks, " fundamental value" is similarly not applicable. How do you value government agencies masquerading as companies trading between themselves? It's not a real market.