There is an example of a company that will not be impacted by a Y2K problem. They are so well diversified that problems in one area won't impact other areas.
China and the U.S. have a very symbiotic relationship which will not decline any time soon. There are more shared interests as compared to shared differences and for this reason relations will continue to be good.
If you ever want to eat a tuna sandwich again, don't go to a tuna factory. I visited one where they had two lines: one was the human food line and one was the cat food line - and they didn't look any different.
Some people mistake his reticence to mean a lack of dynamism, ... He's been quiet because the spotlight has not been on him. I think Victor Li will surprise a lot of people with his ability.
It's quite difficult to ascertain the real hits on earnings, as a lot will depend on how fast the government is to implement the new price mechanism, and how high oil prices will go from here.
We're very bullish on emerging markets right now because of valuations, ... Valuations are so reasonable it makes sense to put money in.
It is unfortunate that Ronnie Chan got tied up in the Enron situation, ... It is quite unfair to blame independent directors who have to depend on the external and internal auditors who are supposed to be giving independent and capable reports.
People are getting inured to the whole terrorism thing,
Shareholder activism is not a privilege - it is a right and a responsibility. When we invest in a company, we own part of that company and we are partly responsible for how that company progresses. If we believe there is something going wrong with the company, then we, as shareholders, must become active and vocal.
Both countries are equally attractive, it just really depends on which stocks you'd buy and what industry you're in.
Investments of this size by such reputable investors draw attention to the country and further bolster investor confidence in South Africa.
Their foreign reserves are down, ... Usually when governments claim they will not devalue, just the opposite occurs (and) if the ruble is devalued then there will be political fallout, so I think they must protect the ruble at all costs.
It's, of course, not a good time to sell, but I also warn (investors) that it is now selling at a big premium to its net asset value, ... So, it's six of one and half a dozen of another -- very difficult to say.
There's no reason to sell, because earnings growth is keeping pace with share prices. We're in an amazing period of history for many of these markets.
We're not at the danger stage yet, but we are at danger of getting there - and history does repeat itself.
The mere fact that me, an emerging markets person, says something about Internet and the market reacts the way it has is and indication that people are very jittery.
We were excited about Hong Kong two years ago and we put a lot of money there. Now we're more cautious because we're finding better bargains elsewhere. Quite frankly, we're investing in China.
I have just come back from Dubai and there is a lot of interest in India.
Commodity prices are being supported by healthy demand from countries such as China and India, but one must remember that it remains a cycle. Currently it looks like the cycle remains in the 'stronger for longer' position and South African companies are taking advantage of this.
The worst risk would be the politicization of the citizens in Hong Kong, where they become active politically and begin to demonstrate and oppose policies on the mainland,
One of the problems in Latin America is that the growth rate in the economies has not been as fast as in Asia. The reason for that is the governments' policies.
We were investing at this terrible time when emerging markets were all going down, some by 90-odd percent, and we are now benefiting from that, ... You had one crisis after another. You had Russia, Brazil, Thailand. We were investing in all of them.
The new administration will make every effort to keep things on an even keel, business as usual. The Chinese are very happy to let Hong Kong hum along. As far as we are concerned, there is no reason to believe that because of change in the political administration there would be an impact on the financial market.
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