George Soros addressed a small audience in Davos last week, where he discussed (among other things) the rise of nationalism and the emergence of large, monopolistic technology platforms such as Facebook and Google that are becoming “obstacles to innovation.” His full speech transcript is embedded below, via Alex Jungwirth of Apollo PR. Well worth a […]
Senrigan Discloses Stake In Winto Group
Senrigan Capital Group (Senrigan) recently increased its stake in HK-listed Winto Group (Holdings) Limited (Winto Group). According to a filing submitted to the Hong Kong Stock Exchange on January 25th, 2018, the firm bought 223,384,000 shares on January 25th on the exchange at an average price of HKD 0.058 per share (total consideration was ~US$1.66m). Following […]
Readings For The Week (21/1)
This week’s readings / links include Michael Pettis on why China likely won’t buy fewer U.S. treasury bonds, a look at the rise of internet censorship in Southeast Asia, thoughts on competition in the digital age, an interview with Walter Isaacson about his biography of Leonardo da Vinci and a profile of the Amanyangyun. Why […]
Readings For The Week (14/1)
This week’s readings / links include a look at China’s war on poverty, an interview with Richard Liu (founder of JD.com), a profile of Mark Mobius, why Chinese workers are abandoning Silicon Valley for riches back home and short interviews with David Webb and Wang Lihong (Bain Capital). China’s war on poverty could hurt the […]
Kennox Comments On Welling
The Kennox Strategic Value Fund’s 4Q 2017 report included some commentary on HK-listed Welling Holdings (see the excerpt below). Kennox is an Edinburgh-based wholly independent asset manager. Their team runs the Kennox Strategic Value Fund, a long only global equities portfolio. We have previously covered them on this website, see here and here for more. As […]
Tom Steyer Speaks At Stanford GSB
Tom Steyer, the founder and president of NextGen America, was a recent speaker at the Stanford Graduate School of Business. He discussed his early career experiences, the fight against climate change and also offered his reflections on leadership and the responsibility to give back. Prior to his current philanthropic work, Steyer was the founder of Farallon Capital, […]
Readings For The Week (7/1)
Bumper reading list this week. Enjoy! The $100 billion venture capital bomb: Softbank’s Masayoshi Son bets the Vision Fund — the biggest VC pool in history — on automation. The war for China’s wallet: Shaun Rein’s presentation at the FCC, Hong Kong. Deradicalisation schools: The Al-Hidayah Islamic Boarding School seeks to break the cycle of generational […]
Readings For The Week (31/12)
Final weekly reading list of 2017. Happy new year! Recalling Singapore’s forgotten unions: The long-ruling PAP first rose to power on the back of the working class – a once strong, now politically co-opted constituency. George Soros and the demonization of philanthropy: Conspiracy theories about him obscure the real concerns about how large-scale giving works today. The […]
BlueMountain: How Well Do You Compare?
Michael Mauboussin, the director of research at BlueMountain Capital Management (BlueMountain), has recently published some of his foundational work on how to compare effectively. It’s a pretty interesting read. Here is a brief excerpt from the introduction by Andrew Feldstein, BlueMountain’s chief investment officer: “we are in the business of making comparisons. If we want […]
Cartica Adds To Regina Miracle
Cartica Management, LLC (Cartica) recently added to their stake in HK-listed Regina Miracle International (Holdings) Limited (Regina Miracle). According to a filing submitted to the Hong Kong Stock Exchange on December 23rd, 2017, the firm bought 130,000 shares on the exchange at an average price of HKD 7.7424 on December 22nd (total consideration was ~US$129k). Following […]