Eos of the Eons
15th August 2003, 06:58 PM
I got this in my email
b
"Nobody with blue eyes has ever made money investing in China," the old saying goes.
Try and explain that to the lucky souls that invested in the four Chinese Internet stocks that trade on the Nasdaq this year. A $10,000 investment in two of them at their 52-week lows would now be worth $500,000 today. On average, these four stocks are up over 1,500% from their lows, and are worth an average of over a billion dollars each. (See for yourself - the symbols for these four are NTES, SINA, SOHU and CHINA).
Last night here at the Agora Wealth Conference in San Francisco, investment analyst Porter Stansberry gave a compelling presentation on why the time is right to invest in China (although he's not recommending these particular Internet companies). In today's Investment U E-Letter, you'll learn the easiest ways for Americans to invest in China, and which way looks like the safest bet right now.
blah blah blah blah...until we finally come to:
The Investment Opportunities Today
Today, according to Porter, we have a handful of outstanding Chinese blue chips that are finally easy to buy for Americans. They're solid companies trading at cheap valuations. It is a short list. The complete list of easy-to-buy China opportunities is as follows:
- The big blue chips on the NYSE (from $5 to $50 billion)
- The Chinese dot.coms on the Nasdaq
- The smaller-cap China stocks (less than $5 billion in size) on the NYSE
- The closed-end funds (type "China" into www.etfconnect.com to see them)
- A few other smaller opportunities (like OTC stocks)
Out of these, the big blue chips appear to be the cheap, safe and sound opportunity. In short, the smaller caps are still "garbage," the Chinese dot.coms are a bubble ready to burst, and the smaller opportunities are risky and have high trading costs (high spreads). A fund or two might be okay - the Templeton China Fund (TCH) is a familiar name and probably a safe bet.
Porter laid out his case for China last night. It is truly compelling. If you're not familiar with the current case for investing in China, Porter is the guy to hear it from. There is a free way to read his case for China - it's in his sales letter for his China Strategy Report, where Porter says: "There's a simple, and probably inevitable, way to make several times your money - at the expense of the Chinese government."
It is a few pages long, but I urge you to read it. After you read it, you'll truly understand what's going on right now, and you can decide for yourself whether an investment in China is right for you. You can take Porter up on his offer, or you can try to do it on your own through a fund or a blue chip stock.
This is just a little tiny bit of the email.
b
"Nobody with blue eyes has ever made money investing in China," the old saying goes.
Try and explain that to the lucky souls that invested in the four Chinese Internet stocks that trade on the Nasdaq this year. A $10,000 investment in two of them at their 52-week lows would now be worth $500,000 today. On average, these four stocks are up over 1,500% from their lows, and are worth an average of over a billion dollars each. (See for yourself - the symbols for these four are NTES, SINA, SOHU and CHINA).
Last night here at the Agora Wealth Conference in San Francisco, investment analyst Porter Stansberry gave a compelling presentation on why the time is right to invest in China (although he's not recommending these particular Internet companies). In today's Investment U E-Letter, you'll learn the easiest ways for Americans to invest in China, and which way looks like the safest bet right now.
blah blah blah blah...until we finally come to:
The Investment Opportunities Today
Today, according to Porter, we have a handful of outstanding Chinese blue chips that are finally easy to buy for Americans. They're solid companies trading at cheap valuations. It is a short list. The complete list of easy-to-buy China opportunities is as follows:
- The big blue chips on the NYSE (from $5 to $50 billion)
- The Chinese dot.coms on the Nasdaq
- The smaller-cap China stocks (less than $5 billion in size) on the NYSE
- The closed-end funds (type "China" into www.etfconnect.com to see them)
- A few other smaller opportunities (like OTC stocks)
Out of these, the big blue chips appear to be the cheap, safe and sound opportunity. In short, the smaller caps are still "garbage," the Chinese dot.coms are a bubble ready to burst, and the smaller opportunities are risky and have high trading costs (high spreads). A fund or two might be okay - the Templeton China Fund (TCH) is a familiar name and probably a safe bet.
Porter laid out his case for China last night. It is truly compelling. If you're not familiar with the current case for investing in China, Porter is the guy to hear it from. There is a free way to read his case for China - it's in his sales letter for his China Strategy Report, where Porter says: "There's a simple, and probably inevitable, way to make several times your money - at the expense of the Chinese government."
It is a few pages long, but I urge you to read it. After you read it, you'll truly understand what's going on right now, and you can decide for yourself whether an investment in China is right for you. You can take Porter up on his offer, or you can try to do it on your own through a fund or a blue chip stock.
This is just a little tiny bit of the email.