hellowod

All that stuff doesn't sound like a win for China. Basically they "may" get some cheap Russian assets, but lose the goodwill of Europe, which they at least need to be semi-independent rather than for Europe to be more dependent on the US.

Why would China even dare to help Russia directly on its war effort?

I agree with this. If you go to Taipei and compare it with the newer cities in China like Shen Zhen, Taipei on the outside is obviously much more antiquated ("ugly/old") than the new skyscrapers in Shen Zhen, which uses modern infrastructure and benefit from newer tech like all electric cabs. However, this is on the outside/hardware - Shen Zhen is all shiny. However, when it comes to services, I found Taiwan very good/better than Shen Zhen, e.g., medical services are better than in Shen Zhen, i.e., software is better. I also felt Taipei have a slower pace of life in Shenzhen, which I liked, but maybe younger people wants a faster way of life in the big mainland cities. That being said, I felt even Guang Zhou had antiquated areas too.

Thanks Trevni, I took a quick look. Is the lesson that Stanton invested too much into a dying industry, while Buffett took capital out of BRK? The profile seem to indicate Stanton, due to history and family loyalty, basically went all in to invest into BRK, sound like a hero, but in the end it was all for nought?

I didn't think much of this book. It's ok for beginners. Initially, when I heard about the book, I was super keen to get hold of it. It was a bit of a let down - the book covers the basics of Graham 4 rules of investing, the psychology of misjudgement, the good investor behaviors and a few other things. Overall, extremely basic stuff (and a short book).