A year is a long time and it includes moments of joy, sorrow and, yes, indignation. We admit that bad things happen all the time, but when terrible things happen that should not have happened it can send one into a fit of fury justifiable fury. So reads the [...]
Capitalist Roader Fund
As the Capitalist Roader Fund enters a new year, the time has come to bid farewell to the old system which, while staid and resolute, was fundamentally flawed. Picking stocks by following positive macroeconomic trends helped us only to a meager 12% gain in 2009 even as the [...]
In the new era of the Capitalist Roader, we have no room for dead weight. That’s why we decided to sell all 100 of our shares of China Vanke (000002) stock this week at a price of RMB10.10 (US$1.48). While making a bet on China’s property market might seem like [...]