Luke

How many Jobs will fall away if the US can't export to China? I mean yeah, US citizens will buy more expensive US made goods but what about Chinese buying US goods? Is it fundamentally that easy to say "fuck china" and be good? @cubsfan

Yep

Would be bearish for Chinese equities initially if Trump gets reelected...

https://www.nytimes.com/2023/12/26/us/politics/trump-2025-trade-china.html#:~:text=Mr. Trump has said he,like electronics%2C steel and pharmaceuticals Mr. Trump has said he would “enact aggressive new restrictions on Chinese ownership” of a broad range of assets in the United States, bar Americans from investing in China and phase in a complete ban on imports of key categories of Chinese-made goods like electronics, steel and pharmaceuticals. In 2018, the Trump administration set tariffs on more than $360 billion in goods, in an effort to encourage Americans to purchase domestic products. In response, China set its own tariffs on more than $110 billion worth of U.S. goods. The conflict is still ongoing, and so far, there’s no clear winner in sight. The tariffs and trade barriers have hurt both countries, and with bilateral trade sputtering, many are left wondering if the peak of globalization is well behind us. https://www.visualcapitalist.com/cp/biggest-trade-partner-of-each-country-1960-2020/

Buy order for Prosus got executed, increased position by 20%!

Have a buy order in for the 27th to buy the Prosus dip on Euronext!

Wonderful Christmas time to everyone here on the board, thank you for all the thoughtful discussions and shared knowledge, hope everybody has a good time :)!!

24k, thats like 0.00002% of their population, i accept your opinion and the picture you sketch, "a country falling back into communism, planed economy, total control, decoupling of global markets" but i dont think this is reality or will happen.

Also dont get why you would say they live under communism there, they have as much capitalism as other developed countries like germany etc

They are talking about a few thousand refugees, i agree that there are problems of course but as it was with covid, when the masses start complaining they will shift, and we saw some of these policy shifts already

Agree with me on what, the CCP is working on exactly these problems

We are getting close to the new year fellow investors, and I am wondering where you see value in the market right now, feel free to share your best investment ideas for the year 2024 and beyond Whats value to me: ALIBABA PROSUS NINTENDO EVOLUTION GAMING FFH EXOR BRK Maybe MET Coal but i don't dare to say I can know where commodity prices will be long term, same counts for OIL Cheers

Will sell my full Nintendo position later when Tokyo opens, tax loss harvest Lufax against 10% gain on Nintendo position to not be forced to pay capital gains and rebuy the entire Nintendo position on 1.5% margin. There are no tax loss wash sale rules in germany so will rebuy entire lufax position immediately. Will put the equity of Nintendo into EXOR, OXY, CEIX and some BRK. Portfolio will be on 10% margin then, which is acceptable to me.

i bought at 220 USD couple of weeks ago, actually even meaningful position at 8% ish of the PF, stock is partying...

Added to EVO, bit late to the drop party but still value

Not for now but they want it

Okay, so around 35% of the US total wealth is in the hands of 1% of the population while top 10% owns 70%, clearly the majority is funneled into the hands of the few, IMO this is too much and creates tensions in society, money being able to purchase political power and reinforcing that ownership. Bottom 50% owns 2.5% of US wealth. China sees these problems and asks legitimate questions about common prosperity, IMO. Okay, so you would say the state of public infrastructure is fine, schools are doing fine etc and there is no underinvestment? In that case you will probably disagree highly with what China is doing and that is fair enough. Not an utopia but just a society that is a bit more equal and has more prosperity for bottom 50% that does not have to live as a "renting class" that gets a bad deal

Its not only that id be for a different distribution of taxes like capital gains where small investor pays 0 and large fund pays more but also better opportunities for the average worker to negotiate wages etc hate it as much as you want and praise the 1% as much as you like, something has to be done to start investing into the countries basic infrastructure, education, affordable housing etc list is long. To me, China seems to be more concerned about these things than here, which was my original argument. Long term I think this will make their economy healthier, social unrest calmer etc.

Will be an all-time classic, Meta shitting down in Q3 2022 and Cramer apologizes!

Baba now bit more than 5%, close to half the shares are borrowed with IB margin now

Size your positions accordingly, Gents

Bough more 9988.HK Baba with some Margin now

Yep! They will learn and shift, same happened with Covid

Another buy order for 9988.HK Alibaba in for tonight when market opens!