Is China that weird?
This week we try to understand if China's regulatory actions were indeed unprecedent, talk Amazon results, and analyze failed investment managers.
Dear Clients and Friends of Farrer Wealth Advisors, we are pleased to bring you the Farrer Wealth Biweekly Blast, which includes our latest blog posts, fun facts, and general articles we find interesting. Happy reading and happy investing!
Latest Blog Post
Is China that weird? “Unprecedent” “Regulatory blackbox” “Uninvestable” were some of the words we heard thrown around the investorverse during China’s regulatory crackdown of its tech companies. However, our study of the situation has led us to believe that China’s recent actions have significant international precedent and taught us a lot about how to think about regulatory risk in our investments. Click here to read our latest blog post on the topic.
Farrer Fun Fact
Missing the forest through the trees: The market’s reaction to Amazon’s earnings was resounding disappointment. However a closer look at their results shows that their non-1P businesses are just as large as their Online Stores business and most of those verticals are seeing an acceleration in their growth. Remember folks - In the short run, the market is a voting machine but in the long run, it is a weighing machine
Articles and Videos of the Week
We typically only read about investing successes and investing legends. But what about those who were brought down the earth after short-term success? This article explores former internet fund stars 10 years after the dot com bust. Its a great read.
One of the reasons we try not to sell our winners is because we realize most big windfalls are the results of tail cases. This post explains why.
If you found our blog post this week on China’s actions interesting, check out this one also. Its a really interesting take into why China’s tutoring industry was unsustainable and showed signs of it for a while. Do excuse the language.
Ever wonder how much Olympic medalists make? Well here is your answer.
The details behind Scarlett Johansson (star of “Black Widow”) suing Disney are really fascinating. It seems like she has a case. Check it out here (scroll down to "Disney’s Summer of Discontent").