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William Cate
He has been the Managing Director of Beowulf Investments [http://home.earthlink.net/~beowulfinvestments/] since 1981 and is the Executive Director of the Global Village Investment Club [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]
Articles by William Cate
» The China Bubble
By William Cate | Finance | Unrated
Bubbles are good speculations. They are terrible long-term investments. If you sold your DotCom shares by March 2000, you did well. If you still own those shares, you are reading this article from the Poor House. If you cash out of the PRC before the Bubble bursts, you can watch the PRC economic failure from a safe haven. If you ride it to the end, you could find yourself little better off than many people in North Korea today.