A really excellent article on Finance Asia's web site today about the Chinese Internet and unjustified optimism stirred by the Baidu listing. I particularly like this robust dismissal of the idea that the Chinese Internet is the new El Dorado for stock-pickers:
"If you are trying to stock pick your way to fortune, you would need the predictive powers of Nostradamus."
Wednesday, August 10, 2005
Nostradamus, please step forward
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