There is no smarter ppl in financial world liow. Nothing new from 1998 crisis under Alan Greenspan. Increase interest till recession n crisis happen. Good luck mankind. No better idea then follow.
I think is a necessary trick, but the intelligent ppl must wait to assess the reaction (> 6mth) and not adjust the rate again too soon like former chair Alan G.
Good company is one of the considerations. For BABA, I would also consider political n security aspect, which will likely restrict her growth and potential. Having said that BABA is fun to speculate.
Alibaba Group: Munger Position Halved, How About Yours?
SummaryFor investors who take Charlie Munger’s action into their consideration, his Alibaba holdings
Believe in Blockchain n Cryptocurrencies, then bet on Coinbase. Believe in battery tech n autonomous vehicles, then bet on Tesla. Believe in Metaverse n rich man toy (AR, VR n AI), then bet on Meta.
Assurance has no meaning liow. When the bonds and properties were selling then I am sure there were also assurance. Just use our logic wisdom to do our due diligence and decide risk & return.
Real estate stocks lead Hong Kong shares higher on Evergrande assurances
Sept 23 (Reuters) - Hong Kong shares closed higher on Thursday, with assurances from debt-laden deve