Viewing profile — hong_kong

I don't think it's intelligence but the sudden shock that these kids struggle with. Most ivy league kids will have succeeded in ~everything before college, and likely internalized …

Probably. He'd probably think Russian roulette was a safe game if he survived a round of it.

People also seem to be overlooking the benefits of downward optionality - you effectively transform a fixed cost (servers and staff to run them) into a variable one, that you can f…

By your logic, Germany should be annexing Austria and parts of Switzerland.

The "kidnapping" in your example happened in 1949. It's no longer about the hypothetical daughter, but more likely her grandchildren. Given the passage of time it's farcical to ins…

My take is that we're still adapting to and experimenting with how to live with the internet, given how it fundamentally changes so much and the transition is still very much ongoi…

The average professional fund manager actually underperforms the S&P. It wouldn't be unreasonable to assume that the average retail investor does even worse. However, there's an ea…

It's hard to take advantage even if things are frothy to be honest. The market can kick the can down the road for years longer than you expect, and melt up in the process - you cou…

Not the OP, but check out the below examples. Beneficiaries across the range, from fundamental equity funds, quant funds, and distressed funds. The retail guys weren't just buying …

Any assertion of what 'most' Chinese citizens want is unprovable given the lack of any representation on any level of society. Plenty of China watchers are happy to claim that Chin…

You could say the same about any undeveloped country, but in reality only a small number of countries have successfully transitioned into developed status - Japan, Korea, Taiwan, S…

Actually each of Thailand, Taiwan, and Hong Kong have their own distinctive milk tea, only one of which (TW) is bubble tea.

Cable operators already offer skinny bundles with only news/sport for lower cost, so you'll get a new leg down just from that + full cord cuts. But that's just delaying the inevita…

Only superficially. Just because China's population is larger doesn't mean it won't get hit by the same forces as Japan back in the 80s. China had a demographic tailwind in the pas…

https://chiron-risk.com/when-is-shareholder-activism-actuall...

Short sellers do a better job than auditors in rooting out financial fraud and stemming the flow of capital to bad actors. Besides Wirecard, notable success stories have include St…

When it comes to demand for the shares: doesn't matter. IPO price discovery is done by institutional investors, not retail. Impact on the fundamentals is a bigger risk to them, as …

https://www.cnbc.com/2021/01/28/interactive-brokers-restrict... “The broker stands between these customers and the clearing house,” said Peterffy. “So when some option holders make…