Get Your Next Financial Crisis Here...

Easily the best analytical piece of writing on China's economic problems I have come across. Its long but fun to read and contains a lot of investing nuggets. All you need to know about the next financial crisis, when ... it has already started, newsflow out of HK has it that Chinese mainland owners are busy selling their properties in HK (as they are most liquid), the squeeze is already beginning in China. A Front-Row Seat By Worth Wray Before...

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Asia’s path to prosperity and investment opportunities

Investors have been worried about the effect of a Chinese slowdown on Asian emerging markets, but the long-term growth story is still intact, according to specialist investment manager Matthews Asia. Consumption is one of the key areas of growth. Illustrating the divergence of Asian economies and their path to prosperity, here’s an interesting chart from Matthews which shows the standard of living of various Asian countries, expressed...

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Large Jobstreet block sold

Last week, prior to the dividend cut off date, there was a single day when Jobstreet had a very large transaction. I was sort of expecting Fidelity to be selling and it was true that the large block of some 14 million shares in a day. Who has been buying is unknown as well as why Fidelity has been selling is also unknown. The only thing that I am guessing is that since Fidelity owns a substantial block of Seek (as shown below), I would guess that...

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Intrinsic Value: Berkshire Shareholder Letter Highlights

According to the latest letter, Berkshire Hathaway's (BRKa) per-share book value increased to $ 134,973.In comparison, 49 years ago -- when Warren Buffett began running Berkshire --  per-share book value stood at just $ 19 (no zeros missing here). So that's an overall gain in per-share book value of 693,518% compared to roughly 9,841% for the S&P 500 (or 19.7% annualized gain compared to 9.8% for the S&P 500 over that time).Now, that S&P 500 performance isn't exactly shabby even if it looks unimpressive by comparison.Changes...

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