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  • Buffett's Battery Buy [View article]
    helplessobserver, you may be right from a technical point of view. However, Buffet is not an idiot and I tend to trust his judgement.
    Sep 30 11:36 am |Rating: 0 0 |Link to Comment
  • Bailout or Savvy Investment? [View article]
    "consist of them buying residential and commercial paper at a steep discount to its market value"?? How so? If banks sell at a steep discount, they will need to show the losses in their balance sheets and will have trouble meeting the capital requirements. So far, they could avoid doing so since there are currently no "market prices" that could be established, given that no one wants to buy the garbage. So, tell me, how could the Fed possibly buy at a discount, wihtout pushing the banks into bankruptcy?
    Sep 25 23:06 pm |Rating: 0 0 |Link to Comment
  • Six Reasons To Buy China Soon [View article]
    I was living in China for quite a few years and I wouldn't touch Chinese equities with a broom. Rapidly ageing population (in 2020, there will be more pensioners than people under employment); the environmental damage is estimated to eat up 10% of its GDP; the huge currency reserves are a result of the government printing money and then buying foreign currencies to keep the Yuan low; increasingly civil unrest (51,000 incidents last year alone); banking sector is burdened with huge non-perperforming loans; statistics are notoriously unreliable and mostly fake (how do you collect GDP data from the authorities of 30 provinces which are not fully computerized, yet publish monthly stats on the 2nd day of the following month??); the central government is desperately trying to hold to its powers by spending huge amounts on censorship (ever heard of the "China Great Electronic Wall"?); 70% of the population live on less than USD 1,000 per year etc etc.

    Be careful before you invest. I was running a company with a few hundred people and I can assure you that what you read in your local newspapers does not reflect reality!
    Aug 14 21:16 pm |Rating: 0 0 |Link to Comment
  • Five Reasons to Buy the 'du (Baidu.com) [View article]
    Your "analysis" reminds me of those back in 2000/01. "A great tool to maintain current clients and to grow market share"??? How? "Many users would rather utilize click through navigation instead of typing in a url address"?? Why? And how does that translate into revenues?

    A bit shallow, your analysis, isn't it?
    Aug 01 08:17 am |Rating: 0 0 |Link to Comment
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