…it’s about financial IED’s (Improvised Explosive Devices) with “Chinese Characteristics” embedded in America’s financial markets. As you know, the primary value proposition I try to bring to my readers is: I scour the planet for…
Browsing Category Current Work
Mr. Cash meets Mr. Market…
I’ve received much feedback on my last two posts, generally indicating that many of you, my dear readers, don’t fully “get t”….I apologize. Let me try to make it up to you. That said, I’ll…
“Just because you are really smart…it doesn’t mean that you are right…”
Many years ago, one of my sons, who is mildly autistic, always liked to quiz me about things he knew something about, hoping I knew very little or nothing about same. He was always trying…
The “GameStop Narrative” and Post Mortem vs. “Hypothetical Reality”
Today we’re going to take a look at the saga of GameStop, which is an amazing story about a struggling little business which, according to our financial media has/had become a darling of America’s “little…
Alibaba December Quarter 2020 Results – Q3 FY2021
As always, there’s a lot to digest….here are the links… Press Release https://www.alibabagroup.com/en/news/press_pdf/p210202.pdf Presentation https://www.alibabagroup.com/en/ir/presentations/pre210202.pdf Webcast https://edge.media-server.com/mmc/p/bfzgfjdh SEC 6K Filing https://www.sec.gov/Archives/edgar/data/1577552/000110465921011016/a21-1839_6ex99d1.htm Transcript https://news.alphastreet.com/alibaba-group-holding-limited-baba-q3-2021-earnings-call-transcript/ I’ll be brief and skip over the nonsensical, choreographed, irrelevant “if you…
The REALLY, REALLY GREAT REBALANCING… ..sort of…I guess…..
A few years ago, probably sometime in 2016, I took some time to read The Great Rebalancing (published by Princeton Press in 2013), a wonderful work by Dr. Michael Pettis, who I consider one of…