Hektor

Thanks @Alekbaylee @gamma78

Thanks @Daphne @TwoCitiesCapital

Thanks @TwoCitiesCapital Couple of thousand dollars, I guess. That’s not big if one wants to exit USA. What am I missing?

Why is it difficult to give up US citizenship?

So much for the accuracy of the exit polls

Thanks @Viking for the post and @Maverick47 for your insight.

Thank you @Cigarbutt

Good illustration. @Cigarbutt What is the source for this illustration?

https://www.bloomberg.com/news/articles/2024-06-01/initial-india-exit-polls-show-modi-s-party-set-for-majority-win Early India Exit Polls Show Modi Set for Another Big Win Several exit polls show BJP-alliance winning majority. Official results scheduled for release on Tuesday, June 4 "A win for Modi would be historic: no prime minister since Jawaharlal Nehru — who ruled India for 17 years after independence — has managed to secure three consecutive terms in power." Nehru was the first prime minister of India.

https://www.bloomberg.com/news/articles/2024-06-01/chinese-spacecraft-makes-historic-landing-on-far-side-of-moon Chinese Spacecraft Makes Historic Landing on Far Side of Moon Mission is first attempt to take material from area to Earth Region near lunar south pole may have ice to make oxygen, fuel

https://www.wsj.com/world/india/to-understand-indias-economy-look-beyond-the-spectacular-growth-numbers-31f5dd11 To Understand India’s Economy, Look Beyond the Spectacular Growth Numbers Economists are trying to gauge the Indian economy’s true strength, as several weak indicators tell a different story than the headline numbers

Also, Valueline and Morningstar

https://roic.ai/

May be they will take a leaf out of the Templeton/Watsa playbook and go truly global for opportunities.

Good read. Thanks @rogermunibond

Thank you @oscarazocar

Thank you @gfp

@gfpthank you. Do you track form 4 for the businesses you are interested in? Are there places to look up for all form 4 filed each day?

@ValueMavenThank you. How do you find these preferreds? Do you look them up for the businesses that you track? Is there a place (e.g. like EDGAR) to look them up?

https://www.bloomberg.com/opinion/articles/2024-05-26/modi-s-india-state-owned-companies-are-outperforming-private-firms India’s State Sector Is Thriving. That’s a Problem The fact that government-owned companies are outperforming private firms is nothing to celebrate.

https://www.nytimes.com/2024/05/25/world/asia/china-surveillance-xi.html Xi Jinping’s Recipe for Total Control: An Army of Eyes and Ears Reviving a Mao-era surveillance campaign, the authorities are tracking residents, schoolchildren and businesses to forestall any potential unrest. The Chinese Communist Party has long wielded perhaps the world’s most sweeping surveillance apparatus against activists and others who might possibly voice discontent. Then, during the coronavirus pandemic, the surveillance reached an unprecedented scale, tracking virtually every urban resident in the name of preventing infections. Now, it is clear that Mr. Xi wants to make that expanded control permanent, and to push it even further. The goal is no longer just to address specific threats, such as the virus or dissidents. It is to embed the party so deeply in daily life that no trouble, no matter how seemingly minor or apolitical, can even arise. Mr. Xi has branded this effort the “Fengqiao experience for a new era.” The Beijing suburb in the propaganda video, Zhangjiawan, was recently recognized in state media as a national exemplar of the approach. “Fengqiao” refers to a town where, during the Mao era, the party encouraged residents to “re-educate” purported political enemies, through so-called struggle sessions where people were publicly insulted and humiliated until they admitted crimes such as writing anti-communist poetry. Mr. Xi, who invokes Fengqiao regularly in major speeches, has not called for a revival of struggle sessions, in which supposed offenders were sometimes beaten or tortured. But the idea is the same: harnessing ordinary people alongside the police to suppress any challenges to the party and uphold the party’s legitimacy.

RIP

https://fortune.com/asia/2024/05/17/chinas-real-estate-workers-90-pay-cuts-skipping-social-events-survive-property-slump/ The slump has tossed some 500,000 people out of the property sector in the three years through 2023, according to Ke Yan Zhi Ku, a real estate research group. That’s not counting workers in related industries such as construction and marketing. They’re all facing setbacks in the middle of their careers, forced to make skill adjustments “on an epic scale,” says Alex Capri, senior fellow at the National University of Singapore. “The property meltdown is feeding a wider sense of somber reflection.” The days when some real estate companies doled out Mercedes-Benzes as yearend bonuses are a distant memory, but many analysts say this isn’t rock bottom yet. The housing sector’s economic heft may shrink to about 16% of China’s GDP by 2026, according to Bloomberg Economics. That possibility threatens to put about 5 million people—equal to the population of Ireland—at risk of unemployment or reduced incomes, the analysts wrote. Even young workers in their prime are struggling to find jobs, with the youth unemployment rate reaching 15.3% after China revised its data methodology.

https://www.barrons.com/articles/how-chinas-retirement-crisis-is-contributing-to-weak-consumption-811dc64a How China’s Retirement Crisis Is Contributing to Weak Consumption Demographics and a feeble economy are straining both China’s pension system and the family tradition of children caring for aging parents.