Friday, December 24, 2010

5/26 Chinese Miracle Debunked

Written on May 26, 2010
Shanghai Index- You know that amazing machine of capitalism that is overwhelming the world, that investment you probably missed out on…? Alas they are mortal…If you bought the Chinese Shanghai Index ten years ago you have made an annualized 2.29% return (capital appreciation) on your money (dividends excluded). Didn’t want you to think you had missed the big, life changing, all encompassing, world handover to China. Leon

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