November 2019 marked the end of my 12th year in China. That's a good enough reason to write up a list of investing lessons, specific to China, I've learned over the years.
This post is in PDF format. It coincides with episode 32 of China Tech Investor podcast where we look at the year-to-date performance of companies on our watchlist. (I will add the link to the podcast here later) CTI Podcast 20190812 YTD China Consumer indexDownload
Alibaba beat revenue estimates in the June 30th quarter. I've summarized the results in charts, which are updated from my last post. A nice increase on EBITA margins for the quarter (above), due to strong Core Commerce results.
Peter Thiel's talk at the National Conservatism Conference is chock full of hard questions, well-reasoned thoughts and dry humor. Absolutely worth watching, though probably easier to stomach if you lean libertarian. Investment takeaway: Avoid Wall Street banks if you think the US trade deficit will shrink. Peter brought up an interesting point: balancing trade will … Continue reading Peter Thiel: What Do We Not Want to Talk About?
Quick note: I transcribed this rather quickly, shortened some parts and I may have missed things. I've also shared some takeaways and my favorite quotes from this conversation in a much shorter post. If you want to share, please link to the original transcript at this webpage and attribute transcription to James Hull. Thank you! … Continue reading Full Transcript: Chuck Akre with Patrick O’Shaughnessy
Chuck Akre Chuck Akre of Akre Capital Management was on Patrick O'Shaughnessy's Invest Like The Best podcast. After listening to this twice in one day. I've taken the pleasure of transcribing a fair amount of the podcast, which I will post after this. In this post I will share some takeaways and my favorite quotes. … Continue reading Every day is a learning day – Chuck Akre
Tencent announced 1q19 results on May 15. As you can see, I'm getting around to publishing my notes on Tencent's earnings quite late here. In the future, I will post my thoughts sooner. Key Takeaways: New business segment "FinTech and Business Services"Cloud services are the "business services"Sales channel for business services will revolve around "showcases"Content … Continue reading Tencent 1Q19 Earnings