A50

This is what the Chinese government does when the Chinese stock market collapses, to prevent people from jumping off buildings.

In China people mortgage their homes to dump into stocks at 10x leverage. So when the market collapses >5%, which these days seems to be fairly common, you see a lot of jumpers on the tallest buildings in the city.

The current PE of an average listed company is 300! That's how much of a bubble we're currently in now.

Grexit

This is the latest term that's hitting the investment world right now.

As if this Greek tragedy of a story has become an overplayed record, the latest development seems pretty serious.

If Greece really leaves the European Union, all hell is going to break loose in the investment world.

Particularly for securities and derivatives, what will Greek stocks, bonds and other exchange traded products be worth? In Euros? In the old Drachma?

What new currency will rise from this crisis?

Who knows?

We will have to wait and see...

Long Time No Post

It's been a long time since I last posted. Hardly could do any investment analyses since I was so busy in Shanghai.

Anyway it was good as well since zero investing equals a lot of money saved!