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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (144679)12/14/2018 6:40:51 PM
From: Maurice Winn  Respond to of 217837
 
Maybe it's time to move a Tonka Truckload of my money to Made in China companies.

I did sell my Complete Genomics shares to a China company several years ago.

A third of a century ago I was pushing BP to establish R&D and education in China for girls with IQ170. I thought such girls were sidelined by the patriarchy.

BP was paying a fortune for indifferent efforts at Sunbury and Deutsche BP R&D centres.

Qualcomm does do some R&D in China but cheap people are unavailable now.

But the investment opportunities look good with a good sag in the indices and Tariff-Man putting the frighteners on everyone.

100 years ago my dear old Goong Goong was expatriate from England in Shanghai Making China Great again with Standard Oil at 1 The Bund. Unfortunately there were cataclysmic calamities in China between then and now, some of which you experienced up close and personal. So he and his Made in China children left for NZ in 1923. By the time Japan and Mao's marauders had finished there was a very sorry state.

But now, thanks to the USA, China has Cyberspace, CDMA/OFDM mobile, copycat Google, Amazon, Apple, Qualcomm, via Huawei, Xiaomi, etc and a lot more besides.

Experts used to say that China was 100 years behind. I argued at most it was 20 years behind because a baby born now doesn't have to figure out how to make a Model A car and buy a rotary telephone with a party line. They can learn the latest computerese and step straight into a lithium ion battery powered electric car with gigabit per second mobile Cyberspace. They won't know what a carburetor or vacuum radio valve are.

Mqurice