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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (41965)3/25/2011 12:06:32 AM
From: Jurgis Bekepuris  Read Replies (1) of 78717
 
I know that you are against Chinese RTOs.

However, everything you say applies to any other company located in US. Well, sure we don't need SAIC fillings translated, but can you really tell me that you can be sure that EBIX is or is not a fraud? Will you go to the company and check its factory - I mean its software - its accounting - its tax shelters - its what else? And are you really sure that a hedge or mutual fund will?

If you don't like an example of EBIX, which has been accused of accounting shenanigans, how about a "simple" company like TPCS or SYEV or MCHB that you just bought. Can you REALLY be sure that they are not frauds? No SAIC translation required. If you do, I really want to know how would you do it. And would you really do it for your investments? Would your opinion change if some anonymous poster on the internet claimed that MCHB is a fraud with some half-baked evidence?

Or do you claim that we should not invest in market at all?
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