To: Riskmgmt who wrote (150595 ) 9/6/2019 6:09:09 PM From: TobagoJack 1 RecommendationRecommended By SirWalterRalegh
Read Replies (1) | Respond to of 218197 So far everything that has happened in HK over the past few months has been unavoidable and exemplary, not too much not too little and just right, by the people for the people. I think naive pole-climbers too long sun-baked in Africa and the mathematically-challenged in backwaters and made redundant by progress of history are left only w/ the ill but perfectly understandable taking of base delight in ostensible difficulties they want to see for others. Such organic dredges and human slugs might chirp over the yet-again ‘death of Hong Kong’ meme rolled out by suspect media with funny regularity. So, have been and shall continue to give my views as we go especially if pinged. Hong Kong is different from estimation of enough for whatever reasons and maybe too many reasons, else there would be Hong Kongs all over the planet, even in Brazil, but there are not. Hong Kong is about civilisation, migration, rejuvenation, opportunities, wagers, bets, few rules, simple laws, and good peoples. How many societies would have come through a SARS quarantine / shutdown for close to a year w/o too much ill effects? Hong Kong is neither the backwaters of anywhere nor the swampy cesspool of anywhere else, and has no use for ex-pole-climbers kibitzing on subjects they cannot possibly fathom. Kyle? Wrong so far as re to both China and Hong Kong. He is what makes a good healthy market. His mathematics data w/r to HK is very comically wrong, too wrong, so little need to comment on the rest of his thesis, except to say if he is wagering on HK currency fall, he best go long on anything that might rise irrespective of whether HK currency falls, because the currency shall not fall. If Kyle is wagering against HK big caps, best be HSBC, as that beast shall fall irrespective of whatever happens in HK but due to global and bank specific issues. The ordinary / domestic oriented companies as opposed to Cathay Pacific and Swire, might crater along w/ the world, but if clubbed due to only HK issues, would be a god-sent buy-buy-buy opportunity. The historically-always always-typical V- awaits as any of the obvious companies are well run, professional, liquid, and dividend-covered, and freedom- / tax-advantaged. I hope Kyle is right but am not short. Waiting to go long. Team China in Hong Kong? To be engaged, for transfusion of new, rejuvenating what is already-best, and for replacement of has-beens otherwise best suited to anywhere else in the world even the backwaters of Africa. The problem w/ cerebral-pickled and troppo-baked has-beens is that they have no idea of the calibre of now-migrants to Hong Kong. Hong Kong moves against gold storage and trading?! Let’s just say impossible as most local bank accounts automatically has gold sub-account w/i wrap-account. Might as well worry about Hong Kong running out of excitement or New York devoid of pizza. I would love to see the bottom of a V- and many are fretting of being denied the opportunity. Trump (trade war, Nirp) and HK minority rioters are not yet done, I reckon. HK majority demonstrators can still swing either way. Let’s watch. Very exciting. Existential? Hardly. The market says as much. Unfortunately the market is not as naive as chirpers in ... oh, you know Last night’s dinner was super, ambiance, food, wine, and dialogue, making Hong Kong Hong Kong My friend at the dinner is short the HK market. Contrary opinions always welcomed, for no one wishes to be proven wrong and end up in some swampy backwater :0) Next gathering, w/ more of the boyz, shall be Monday, where all will doubtlessly say something about somethings