Volatility and the Value Investor

As cited above, volatility is the tendency of a security’s market value to fluctuate sharply up or down in the short term. For traders who want to sell off their portfolios at a moment’s notice, volatility and risk are roughly equivalent. But for value investors, who don’t have the urge to liquidate their portfolios any…

China’s Banking Transformation-The Untold Story by James Stent (Part 2)

Continuing from Part 1: 5) Chinese goverment as a whole cares more on the solution and development outcomes, and less on the terms in office. The structure of Chinese government is decentralized (having local authorities), yet unified under state government. Such structure allows Chinese government to pursue long term objectives (due to unified body), while…