Ciao, You probably noticed the chart comparison between TS Telecom and the China index that I posted to TOM's board.
Message 8989824
I was very surprised when I did a similar comparison between SGC and the China index (this time over a two year time period):
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I was thinking that SGC was a real dog, when, in fact, its pretty much been a (China) market performer.
Over the past year, Noble China has also followed this index relatively closely:
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Perhaps I'm fooling myself when I think that NMO, TOM, and SGC are such great deals. They are deals, but probably no more so than most other China stocks. I could probably just buy some China fund, get the same returns, less risk through more diversified holdings, and let someone else have the day to day headache of researching and managing the portfolio.
The only negatives to the fund approach would be missing out on the fun of the day to day research and management (I know, I'm contradicting myself here) and the expense fees the fund managers would charge.
Mike |
