Lingyis on 15 August 2007
yeah it's funny... my officemate just started buying stocks, and somehow he managed to start a day or two when the Dow hit its recent peak. he's been complaining ever since--he thought he's well diversified, buying mutual funds with global emphasis, but basically HK, Korea, Singapore, Europe, the few weeks have been market in tandem with the US market.
okay, here's the funny part: he bought some China A-share ETF. and that's the one that's managed to stand up, gaining ~20% since he bought it. it's funny because he's been talking about how he thinks the chinese stock market is way over valued and yet it's giving him the best diversification (in the sense that returns aren't correlated).
the Wii is an epidemic.
