It’ s the country we love to hate. We teach our children to want to fight wars with them, to conquer their ancient cities. Now we are going to buy their stocks.
According to the Gods of Seasonality, there is no better month than October to be long Chinese stocks. Have a look.
See, only eccentrics like me have this data, because I cordoned off ALL chinese stocks and created my own basket: the Chinese Burritos. I did this years ago…before it was popular. Inside Exodus, all members are entreated to view, and to trade at their leisure, the burritos. I usually conjoin my trading of the burritos with a few wanton lies, just to set the mood, to be more authentic with the host country.
Here are most of the stocks, sorted by market cap.
Naturally, my top pick, as well as largest holding, is BIDU– “the Chinese Google”. (lolz)
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What’s the ETF for China?
FXI
go to Exodus etf page and search “China”
While vacationing in Puerto Rico with an Asian friend of mine, I learned a popular children’s jump roping song for Spanish speaking children. It goes, “Chino, Chino, Japonese, come caca, y no me des”
It loosely translates to:”Chinese, Asian, Japanese, eat poop, and don’t give me any”
I also remember kids in English saying, “me Chinese, me play joke, me go pee-pee in your coke”
Me American, me so smart
me not drink the pee pee part!
Me Chinese, me no dumb
me put cork in camel’s bum
he go “poot”
me go “zooom”
that how me get here so soon!
Sold 1/4 of my FXI position in June, bought some back last month. Also long GXC, BABA and YHOO (the US BABA).
you never know what’s inside a burrito until you take a hefty bite
Larry “Pull-it” Silverstein.