« Jim Rogers and China’s Stock Market | Main | Best Wishes to Shaq »

Aug18
Half is Beer, the Other Half is Bobble
“I’ve sold out of many stock markets in the world. I have been buying Chinese stocks. If the China market goes down, I would hope to buy more.” Jim Rogers told the Chinese. His optimistic view about the Chinese stock market was quickly spread by the Chinese media and websites.

Chinese investors liked hearing what Jim Rogers said. They know who Jim Rogers is. They believe he has golden fingers, and they have started buying stocks because Jim Rogers said so.

Shortly, people found that Jim Rogers’s old friend George Soros was indeed buying more Chinese stocks. But Jim Rogers didn’t.

Now the Chinese said, “George Soros is like a cup of tea, a cup is a cup. But Jim Rogers is more like a cup of beer, half is beer, the other half is bobble.”

4 Comments/Trackbacks




Rather interesting commment on the market. The thing about underdeveloped and ceritainly under regulated market like that of china is this: you can say something absolutely rubbish (not this is necessarily the case) people will praise you as long as you are saying something positive. With limited financial assets to choose from and probably the most volatile market in the world. Investing in China is more of a gamble than anything else, especially in the short run. ----------------------------------------------------------------btw, I feel embarrassed to say this but I can't seem to find your email address. So I'm leaving mine here :) Looking forward to hearing from you.

just in case it didnt show up on your database...mirror1226@hotmail.com.

GQ,

I have sent an email to you.

We have to take caution with Chiness Market. It raises within a week, but it drops within less than an hours.

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