I believe I've solved the embded crisis. So watch Part 1 of China's War of Internet Addiction below. And make sure to read the subtitles...it is very confrontational stuff. [more]
Sick of government efforts to restrict their game playing, a handful of World of Warcraft (WoW) netizens in China got together and created a resistance video. It's apparently spreading rapidly across China. Pretty incredible stuff from a production quality standpoint, and it speaks to China's looming political crisis. I've embedded Part 1 of 7 below. Definitely worth watching. [more]
Not investing related, but The Catcher in the Rye was my favorite book for many, many years. Here's hoping a few of his unpublished works see the light of day now. We need more good writing in the world.
I hadn't encountered WorthlessPennies.com before, but I am enjoying their report on China Biologic Products. Among other things, they allege: [more]
I've made the point before on this blog that on a relative basis, when compared to developed markets, emerging markets aren't nearly as risky as they used to be. Bill Gross makes a similar point in his February 2010 outlook, noting that developed markets are seeing government debt rise to more than 100% of GDP, while emerging markets will fall to less than 30%. [more]
Dealbreaker gives us a glimpse into the type of kid who wants to work for good ol' Goldman. I recommend you read it. I'm not asking you do this for me, I'm asking you do this for us. [more]
The WSJ is reporting today on the blitz of criticism that China's of criticism China's state-run media put out over the weekend about SecState Clinton and Google. Here's a particularly dense example: [more]
It's more and more starting to look that way. The WSJ is reporting that "English-language searches Tuesday on Google.com for various phrases related to Google and China–such as “Google Leaves China,” or “Google vs. Baidu”–called up an ad that linked to the company’s manifesto on the matter." [more]
That's what Rep. Alan Grayson is calling today's decision by the Supreme Court to overturn election spending limits on corporations. According to him, "There won’t be senators from Oklahoma or Virginia, there will be senators from Citibank and Wal-Mart.” [more]
It was exactly one week ago that I posted my initial thoughts on Google's threat to leave China here on this blog. Here's what I wrote then: [more]
This was by far the greatest image I've ever seen in an analyst presentation:
You may or may not know that Global Gains keeps a Twitter. If you didn't know it, now you do...go get one of your own and follow us. If you did know it and haven't followed us, now is the time to do so. We usually stay pretty in character with insightful tweets about investing and links to fascinating articles around the web, but after a Newcastle or two and a 19 point comeback victory, you may also hear about Georgetown basketball. [more]
What's looking cheap and what's looking expensive? Here's our latest data from Global Gains on the big 6 global markets:
The takeaway: Beware of China and be interested in India.
The page is gone and the URL appears to be up for sale. Andrew Left did some good work over there and I was just curious where it's moved.
I'm fascinated by this dust-up between Google and the government of China that started with this blog post from Google's chief legal officer Don Drummond. According to it, Google's operations in China were hacked with the goal of accessing the email accounts of Chinese human rights activists. This event apparently spurred an epiphany: [more]
The government has offered up an interesting opportunity this year to convert your regular IRA to a Roth. Given the tax consequences of such a move, converting to a Roth could be the most profitable financial decision you ever make in your life. Fellow Fool Dan Caplinger has written a series of articles to help you figure out if you'd benefit from such a move. I heartily recommend you take the time to read them. [more]
Does New York Times business reporter Micki Maynard have the worst job ever? She covers autos and airlines! Ergo, she works in an industry that can't compete covering two other industries that can't compete.
The New York Times is out with its list of 31 places to go in 2010. I can vouch for Shanghai, Mumbai, and a few others, but the highlight of this list has to be the newspaper recommending Shenzhen's newly upscale massage parlors: [more]
This book Game Change about the 2008 election sounds like it's going to be epic: [more]
A lot of folks are talking about Jim Chanos's China skepticism as reported recently in The New York Times: [more]
Reports are out that China's power consumption increased nearly 6% in 2009, which lends credibility to the notion that China's reported 2009 GDP may hit 8% when it's released. [more]
Let me be clear: I never thought of my home as an investment, it's affordable, and I'm neither down nor up a significant amount on the purchase. But it's a massive time and fun suck, and I regret ever having bought it (and that's despite the fact that I like my garden, appreciate the tax benefits, and enjoy the peace of mind that I have no landlord to worry about). [more]
Predictions abound for 2010 and of the ones I've come across, the consensus seems to be that 2010 will be another good year for emerging markets. Now, I'm generally wary of the consensus, but this is one I find myself agreeing with. One reason for that is that emerging markets used their stimulus to generally invest in productive assets, while we here in the U.S. generally either lit it on fire or, in the case of "Cash for Clunkers," actually used it to destory productive assets. [more]
I don't know how many of you like basketball or spent hours playing NBA Jam a decade ago, but if that's you then will: [more]
“My daughter was 6 when the World Trade Center towers went down, 8 when lights went off on the East Coast, 10 when a major U.S. city drowned—I saw things built, and she’s seen them fall apart.” America is supposed to be the permanent country of the New, but a lot of it just looks old. [more]
Africa as a continent probably scores lowest in the world on the ol' achievement/potential ratio than most anything else (though still probably better than Michael Olowokandi). That said, a series of articles called Africa, a Success Story published at World Politics Review this week make the case that Africa has come along quite far in the past 20 years and that it stands to take significant steps forward in its development in the near-term. [more]
This may be the most important action you take in your portfolio this year. It spared me pain in 2008 and made me money in 2009. Click the link for all of the details, but there's nothing you can do right now that's more important than making sure match your timeline, risk tolerance, and investment expectations. [more]
Here's a recent interesting insight reported in The Economist: [more]