RetroRanger
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Posts posted by RetroRanger
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50 minutes ago, ICUMD said:
@RetroRanger yes roads, pipes are infrastructure that need to be developed, and will provide compounding GDP benefits as they become established. A tremendous opportunity as I see it to bring millions 'online'
Geopolitical conflict will always be there. Most countries have armies and politicians to protect their territorial rights.
Caste system- education is the best way to level a playing field and allow upward mobility. In fact, even in North America, there is an informal caste system. Don't children of actors and actresses follow in their parents footsteps? A Rockefeller or Hilton inherit millions or billions while being 'socialites'? A Trudeau become prime minister even though he's a drama teacher? Aren't Natives and Blacks unduly persecuted?
Yet, many more people from humble beginnings can rise to power both in India and N. America: like Modi. Like Pichai.
Youre obviously right in terms of caste system. Probably this exists everywhere. craftmanship in germany was at my youth seen as a "low IQ business" so we should "study" and people who studied would have a higher "reputation".
But to be fair it it not as strict/extreme as in India atm, with people cannot marry into different caste systems ( at least its hard) etc.
Education will be key. On of the prime things Mohnish Pabrai with his Dakshana Foundation is fighting.
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52 minutes ago, Viking said:
I don’t think India is the ‘solution to everything’. Rather, it is well positioned right now. Lots of tail winds. So this should lead to above trend economic growth in the coming years. India is a developing economy… so yes, lots of issues need to be sorted out. Just like every other country at a similar stage of development. Pakistan is a sovereign country so i am not sure how it compares to Taiwan. Bottom line, i hope India figures it out. Prosperity is a good thing.I mean it from a conflict perspective. Both Pakistan and India want the Kashmir region for them. Pakistan is in a enduring conflict about the right ownership, which peaked in the 70s with nuclear threats. This is still unresolved.
https://www.everycrsreport.com/reports/98-570.html
"Internet and connectivity has given opportunity to millions of young Indians to learn how to improve their quality of life"
Yes and still so many roads need to be build, people have internet but no water pipe in their village ( as an extreme example).
"Personally, I don't think the politics of a few will suffocate the struggle of many. "
I really hope so, in the book i have read there talked about many religious assaults an attacks and besides politically saying they are equal , its not in practice . An that in the recent time ( 20-30 years).
And their is the caste system .. which is more like a mid evil system.
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I still dont understand why India seems to be the solution to everything. Despite beeing democratic, there are a lot of conflicts in the country ( religious, fraud and corrupt politicans and institutions, murdered politicans) . They have their own unresolved Taiwan with Pakistan. That is still unresolved and in the 70s their was some atomic testing to provoce each other.
Also the country has big problems with labor. Because of their huge population they need many talent by their own, but the skilled once migrate elsewhere or are used for foreigner treatment ( good doctors prefer international people ).
I currently read many books on India and this is a country that never has been very stable ( partly thanks to UK .... ) ! Perhaps i am underestimating the potential, but there is still a lot to proof and a lot to happen to make India work ( as a country and therefore stable partner ).
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21 minutes ago, Luca said:
The Video of Frank Sieren changed my oppinion on china a lot, sad its only in german.
Best guy, luckily i am german. I can recommend his books on China
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More Haier D-Shares 690D.DE
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Could Net-Nets be a thing? UK is full of them.
Global Fashion Group, trading under net-cash , owners are the Zalando founders. (Just an example).
But twitter is full of them
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Yeah Micron becoming very significant. I am still mad about myself because i did not pull the trigger at 48$ ( was sooo close ...)
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Funny that china even said many positive things
"We will make appropriate reductions to the negative list for foreign investment, protect the rights and interests of foreign investors in accordance with the law, and foster a world-class business environment that is market-oriented, law-based, and internationalized. We will promote the high-quality development of the Belt and Road Initiative."
"We will improve the functions of the capital market and increase the proportion of direct financing. We will take stronger action against monopolies and unfair competition, break local protectionism and administrative monopolies, and conduct law-based regulation and guidance to promote the healthy development of capital.2
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Bought more $EVO yesterday at 78€ (during the short drop phase of the market
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Probably some A2M.ASX shares , turnaround seems to be there, and buyback is good
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More Haier - Shares (690D.DE), STILL 200% upside alone from the Spread to the H-Shares $6690.HK and today they again had in this weak HK environment double digit growth (15-20%) on EPS and Net income. An absolute insane beast and yet all share classes have the EXACT same rights.
Did i mention that last weak, the D-Shares got a 6% dividend yield.
Its insane... (if anyone interested, its still the same special situation from Jeremy Raper a year ago https://seekingalpha.com/article/4399099-haier-smart-home-german-listed-shares-50minus-80-percent-near-term-upside-massive-discount-to)
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The companies mentioned has debt Iira and most income in Euro/US Dollar..perfect scenario for high inflation
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Awesome, sadly you don't see the conviction / share count in those fillings !
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"TAV HAVALİMANLARI HOLDİNG A.Ş."
How do i see Pabrai invested in this? kap.org does not show Pabrai Funds under Shareholder Structure.
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Youre welcome
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1 minute ago, fareastwarriors said:
Nibbled at some more BABA
Me too ! BABA!
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What is your Problem ?
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You must have overread that the topic is "closed". If you dont Like Pabrai --> Just ignore those threads , so easy!
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What has the beginning to do with IT? He Talks about that very often. In the early days he made 1-2 Million Out of 100k. Idont know what to reply,If that Track record over 17 years telling you he is No good then , Just Go further
What is your track record over 17 years?
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Watch the end. Hes talking again about reysas . He first thought of them as 50 Cent for 1 dollar and sell IT, but now thinks of it as a potential 100 bagger over 20-30 years, as long as the moat stays intact.
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Good to hear Degiro ist Handling this correct. Read sonewhere the Stopped Trading turkish Stocks due to Lira Vola.
@investmdthats how i understand IT!
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Yes yes
I know , i have heard that the IR team is very responsive. But you know, why can such a company ( by the way in some terms TECH company) cannot fix their stuff right . If i contact them, they should also fix the website etc.. But offtopic
What i mean the combination of "money at a foreign bank" , "stock i dont understand fully" etc is personally not a thing i am currently comfortable with. That can grow with my investing life , but at the moment its a personal risk i dont want to take. BUT i am totally interested in this topic and the evolving off korean brokers.
Please keep us updated on this
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Oh that is actually create to hear
Thank you for that update.
I am still "out" but just in terms of my personal risk levels. I just dont see myself sleeping well, having 20% of my portfolio in south korea, where if something happens i cannot react etc.. Also i am still uncomfortable , because in my terms, it was about NICE holdings, and i just find no complete understanding ( the IR page is NOT good, dead links etc .. )
But that does not mean, that will change and your information is very valuable
India
in General Discussion
Posted
"70+ years of democracy, no coups, people get to vote. freedom of speech and action (maybe not as much as some countries in the west)"
yes sorry my knowlegde is just book knowlegde and i agree this can be more dramatic, since much information over years is shrinked into 200 pages. I meant the amount of political murdering since 1920 ( people were elected 6 months there , beeing murdered ) is insane. Corruption was a heavy topic despite beeing democratic. Also the long fight for indepency (against UK , etc). Religious murdering ( the train incident in Mumbai 2010).
I agree, perhaps sounds shrinked down very chaotic, and the reality is not that dramatic in every day India.