Category Archives: Emerging Markets

Investing in a Dangerous World

Introduction The Federal Reserve’s low-interest rate policy has eliminated the retirement income of many. What to do? I don’t believe in picking stocks. I take to heart the hypothesis of Paul Samuelson that new information on companies is almost instantly … Continue reading

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Xinyuan Real Estate (XIN): The Numbers Sound Better….

Introduction Last week, XIN reported on its 3rd quarter performance. Most numbers were up a bit over last quarter and up a lot over the third quarter of 2014. But as I said in an earlier piece: being better than … Continue reading

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Xinyuan Real Estate: What the 4th Quarter Report Tell Us

Introduction We have all heard the positive sounding news: fourth quarter revenues of US$362 million, a 121% increase from third quarter of 2014; contract sales of $402 million, which is a 140% increase from the third quarter of 2014. These … Continue reading

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Xinyuan Real Estate: What to Look for Going Forward

Introduction Xinyuan (XIN) is a real estate company listed on the New York Stock Exchange, has gotten far more attention than warranted by size because of its high “Yahoo Finance-type valuations.” And because XIN gets an “F” for public relations … Continue reading

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Gambling – Asia and the US Are Two Different Worlds

Summary  Asian gambling is growing rapidly. The most prevalent type of gambling differs significantly by region. In most regions, gambling is a “discretionary” activity, meaning people gamble less in tough times. US gambling demand appears to have plateaued with the … Continue reading

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Investing in 2014: How About The Philippines?

            Author’s Note  – This piece continues my review of Asian investment opportunities. Information for this piece comes from two special sources: FocusEconomics and Renzie Doem Agutaya: FocusEconomics collects data that cover 70 countries in Asia, … Continue reading

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Argentina: A Partial Defense of the Lady

Introduction A couple of weeks back, an American friend living in Buenos Aires asked me: “Have you been following this crazy woman? I would love to hear your take on her.” In what follows, I offer a little background on … Continue reading

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New Investment Vehicles in China: Real Estate in 2013?

In a recent piece, I described the evolution of investment opportunities in the US: real estate, savings accounts, stocks/bonds/mutual funds, pensions, insurance, and on to ETFs, hedge and private equity funds. What will happen is China? Will investment opportunities follow … Continue reading

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China and the US: What the Future Holds

Introduction Matthew Nimetz, an eminent scholar, lawyer, venture capital executive, and former senior US/UN diplomat, recently presented a thought-provoking paper at a joint meeting the National Committee on American Foreign Policy and the China Institute of Contemporary International Relations.  Nimetz … Continue reading

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Real Estate, Savings Accounts, Bonds, Stocks, Mutual Funds, ETFs – What Will Be The Next Investment Vehicle?

Introduction Over the years, we have been treated to new investment vehicles every century/decade or two. Since cave man days, there has been real estate. Banks brought us savings accounts, followed shortly by brokers selling bonds and stocks. We then … Continue reading

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