Oddbean new post about | logout
▲ ▼
Jeroen ✅ | 4 months ago (raw) | export | reply | flag +7 
 Enthusiastically ordered a load of #books 📚 
First to arrive:  https://image.nostr.build/7c34902628c805e91b6637121a64851882be51f51e32b170c2784122fd9ac287.jpg
▲ ▼
SGT.FISH | 4 months ago (raw) | root | parent | reply | flag 
 I whouldnt be suprised if ray works for china 🫢
▲ ▼
Jeroen ✅ | 4 months ago (raw) | root | parent | reply | flag 
 Could be. Did yoi read his writings on China? 
I appreciated them as he portrays a very different picture of China from the very negative one we get through news and media.
▲ ▼
SGT.FISH | 4 months ago (raw) | root | parent | reply | flag 
 Yeah he has some interesting views and insights and i definitely think there is value in there.
Comment is based on Bridgewater making most of its money in china with a lot of questionmarks  why he is allowed ?🤷‍♂️
He has clear incentives to talk up china so i take his words with a bit of salt
▲ ▼
Kendy | 4 months ago (raw) | root | parent | reply | flag 
 Why isn’t he allowed? Is there some US sanction that Bridgewater gets special treatment with?
▲ ▼
SGT.FISH | 4 months ago (raw) | root | parent | reply | flag 
 No its massively difficult to invest in china as a foreign entity but ccp is cool with bridgewater
Why that is can be legit reasons but who knows
▲ ▼
Kendy | 4 months ago (raw) | root | parent | reply | flag 
 My first guess is it might be as simple as CCP is cool with how deep Bridgewater’s pockets are. Money talks. Could be wrong 🤷🏻
▲ ▼
Jeroen ✅ | 4 months ago (raw) | root | parent | reply | flag +1 
 I'd assume because he's always treated the Chinese with respect and knows their culture well enough to make deals which benefit both parties? 

I get what you're saying yeah
▲ ▼
SGT.FISH | 4 months ago (raw) | root | parent | reply | flag 
 I tend to not give hedgefund managers the benefit of the doubt especially if they have a financial incentive to sell me propaganda.
▲ ▼
SGT.FISH | 4 months ago (raw) | root | parent | reply | flag 
  Stuff like this and knowing how chinese Economy works i have questions and china definitely isnt going to open up their books to give me awnsers
https://www.reuters.com/business/finance/bridgewater-draws-more-investors-china-nearly-doubles-assets-2024-01-19/
▲ ▼
seth | 4 months ago (raw) | root | parent | reply | flag 
 Great book!
▲ ▼
humblebitcoiner | 4 months ago (raw) | root | parent | reply | flag 
 Great book
▲ ▼
realjode | 4 months ago (raw) | root | parent | reply | flag 
 Pick a Side and Fight for It, Keep Your Head Down, or Flee 

Ray Dalio
▲ ▼
Jeroen ✅ | 4 months ago (raw) | root | parent | reply | flag +2 
 Next two have arrived 😍 #books
https://image.nostr.build/39f169b1f8a7d5b3160635ef3499b130d030d97c1ca377115a35603423b48811.jpg
nostr:nevent1qqs9mtyt7u5tzxvc7266gygtju8xeuga3cp7gyyaszwk8vwj9a3q7tcpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyrc8uzc67pntfqurscmq5x3vhvm5g2dflw4ttycz0ulu6w7nkhpkwqcyqqqqqqga6r3nw
▲ ▼
kaaasje | 4 months ago (raw) | root | parent | reply | flag 
 Nice one, enjoy! What else is on your reading list?