Friday, July 9, 2010
End of my Blog. I have no idea what the markets are doing.
This is totally insane. Either everyone having drugs or I am crazy.
Thursday, July 8, 2010
Comparing china property market to the chart of Hong Kong Property market.
We may not be able to tell whether history will repeat itself but from the culture of chinese which is not much differ from other north asia countries like South Korea and Japan and chinese regions like Hong Kong and Taiwan. We will very likely to see a crash in china properties markets soon which will has a greater impact on the global economy than everyone think. The whole story about china miracle right now is all about property. You can't export much to Europe and USA any more.
Tuesday, July 6, 2010
Aaron Boesky:Shanghai A-share index below 2,475 I promise to run the streets in my under shorts
Boesky risks exposure if China stocks flop
Aaron Boesky of Marco Polo Pure Investments is calling a 3,500-4,000 point level for the Shanghai market at the end of 2010. If the index finishes this year lower than it is today, he pledges to AsianInvestor that he will run around Hong Kong in his underwear.
By Simon Osborne
7 July 2010
Keywords: aaron boesky
marco polo
china
The Shanghai index has fallen more than 30% since its recent peak in August last year. Enough already, says Aaron Boesky, chief executive of Marco Polo Pure Investments in Hong Kong, who has made what he claims to be his most high-conviction call ever that this is a market bottom.
Lots of money managers, pundits and hedgemites make bullish calls. We hear them all the time and never punish anyone for getting it wrong. We must and will.
Will Boesky put his money -- or in this case, his trousers -- where his mouth is?
And if you're wrong? What if the market ends 2010 lower than today?
We hold, and continue to try and raise capital, while we await the Chinese investors' return to the market.
Come on, you've just made what you say is one of your biggest calls ever. That doesn't sound like a very big reaction should you get that call wrong...
We will continue doing what we do and investing for the long term in a market we truly believe in...
No, I am not satisfied.
Ok, ok. I will make a wager with you Simon. If we are right in saying the market finishes the year with an impressive rally to over 3,500 points, you tell your readers in a nice piece that we made the call of the year.
If we are wrong and it finishes the year below the July 5 close of 2,475 for the Shanghai A-share index, I promise to run the streets of Hong Kong dressed only in my under-shorts. Is that enough skin in the game for you?
Aaron Boesky of Marco Polo Pure Investments is calling a 3,500-4,000 point level for the Shanghai market at the end of 2010. If the index finishes this year lower than it is today, he pledges to AsianInvestor that he will run around Hong Kong in his underwear.
By Simon Osborne
7 July 2010
Keywords: aaron boesky
marco polo
china
The Shanghai index has fallen more than 30% since its recent peak in August last year. Enough already, says Aaron Boesky, chief executive of Marco Polo Pure Investments in Hong Kong, who has made what he claims to be his most high-conviction call ever that this is a market bottom.
Lots of money managers, pundits and hedgemites make bullish calls. We hear them all the time and never punish anyone for getting it wrong. We must and will.
Will Boesky put his money -- or in this case, his trousers -- where his mouth is?
And if you're wrong? What if the market ends 2010 lower than today?
We hold, and continue to try and raise capital, while we await the Chinese investors' return to the market.
Come on, you've just made what you say is one of your biggest calls ever. That doesn't sound like a very big reaction should you get that call wrong...
We will continue doing what we do and investing for the long term in a market we truly believe in...
No, I am not satisfied.
Ok, ok. I will make a wager with you Simon. If we are right in saying the market finishes the year with an impressive rally to over 3,500 points, you tell your readers in a nice piece that we made the call of the year.
If we are wrong and it finishes the year below the July 5 close of 2,475 for the Shanghai A-share index, I promise to run the streets of Hong Kong dressed only in my under-shorts. Is that enough skin in the game for you?
Saturday, July 3, 2010
I will be Holiday until July 9. Sorry for not informing.
I will be likely to write my last post on June 9. Unless some very great disaster or a war break out.
However, who know the future? I am still amaze that the world markets can still functioning so smoothly until now. In fact, it is looking like a miracle.
However, who know the future? I am still amaze that the world markets can still functioning so smoothly until now. In fact, it is looking like a miracle.
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