Monthly Archives: July 2015

Yandex: We Have Seen This Before

Recency bias is a strong force. When investors start associating a country, sector or stock with negative thoughts, undervaluation is likely to be the result. That is one of the reasons I believe there to be decent value in Russian … Continue reading

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Why Vietnam is the best stock market in the world

Two weeks ago the Vietnamese government announced that their curbs on foreign ownership limits will be eased. The story has always been: “I like the market and Vinamilk/Masan, but I cannot get my hands on any stock. All because of … Continue reading

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The games that companies play: Tongda

Below is the 10-year stock price chart of Hong Kong-listed Tongda Group Holdings (698 HK). The company produces plastic components for consumer electronics, a hot industry given the explosive growth of smartphones in China in recent years. The red circles in the … Continue reading

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