Not sure podcasts are frequently posted here, but this is definitely a can't miss interview between Trey Lockerbie and Kyle Bass. To be concise, if you haven't investigated Chinese auditing practices, variable interest entity structures for American depository receipts of Chinese companies (not discussed explicitly here but follows the same theme), the game theory associated with using China's digital currency as a geopolitical power grab, and party rhetoric towards reclaiming Taiwan, you really do not know what you own in individual Chinese stocks or even in your 401k emerging market ETFs with 30% China exposure. For transparency, I have not yet fully disinvested from China (I'm only 22 and my funds at risk are minimal), but going forward it is something I'm increasingly aware of. Would recommend an hour of your time to listen. Even if you aren't as bearish on China, it still is a thoughtful and honest approach to analyzing under the radar risks from an investor profiled in the Big Short for foreseeing the housing crisis
https://open.spotify.com/episode/4epYMzRSq7q3818IMXduKp?si=c025205ba3814484
Submitted November 14, 2021 at 10:05AM by somalley3 https://ift.tt/3kDdt10
