Dear readers, This is my first memo on Substack. I feel mostly grateful to have you as my readers. Please allow me to have a brief intro of myself first. I’m from China. I consider myself a value investor (not that ‘value’ actually, as I have walked through the way from Graham to Buffett and focus more on compounders). Three years ago I went to Columbia University for the Value Investing Program. After graduation, I decided to go back to my homeland to catch the ‘compelling long-term growth of China’. Unfortunately, the plan crashed (check out the political news in China of last weekend, or simply this Monday’s stock performance of Chinese ADRs). So I got another plan- to fish in other ponds, where laws and rules count and the analysis frameworks I learnt from school can be applied.
Opps Jinbei spending more money it seems