Comments by "Fox" (@tomlxyz) on "Bloomberg Television" channel.

  1. If he gets into prison he's not exactly safe
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  2. How about we start teaching people where to not put there money
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  3. So they're not gonna say what he said?
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  4. He bought total return swaps from multiple big banks and holding total return swaps isn't public. The banks, who don't want to thell competing banks about what they do with their customers, so they didnt figure out the mass of money he had invested. With total return swaps the official holder of the stocks were the big banks and big banks holding billions dollars worth of shares in companies doesn't look suspicous. He invested his own money and it's lost to the general stock market. The only fishy thing he did was tricking the banks into taking on more risk than they were aware of.
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  5.  @honeypuffs5677  Evergrand failing could cause a cascade of failures in China which could hurt the Chinese economy, but the Chinese government takes its legitimacy in high economic growth so they might intervene heavily. So no, it's no certainty
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  6. He flew into the sun. If you look into it it's prone to fail
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  7. The insanity could go on again
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  8. Successful by not beating the index?
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  9. Is being out of touch with social norms any indication of financial success? Rich people have a history of being out of touch with the customer/regular people and keep on being rich
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  10. But they've already cut on quality when times were good
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  11. If you're not an financial advisor then you could just not say something like that
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  12. A matter of time that could take decades or more
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  13. He actually invested his own money only. He initially got rich by investing other people's money but stopped doing that after he got caught insider trading
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  14.  @mogtrader8  it did happen over night, the CCP imposed restriction on loans related to housing
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  15. What's the problem specifically or are you just making a generic criticism without knowing anything yourself
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  16. Very detailed and reasonable explaination. Can't argue against that. You were especially good at showing the connection between the two statements.
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  17. Don't do the crime if you get caught
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  18.  @tradingespanol5384  because at the same time they've acknowledged that the real estate bubble can't be let grown uncontrollably, that's why evergrand got into this problem in the first place. So just immediately solving it would also not be in their favor. Maybe they're trying to let it fail as much as possible without hurting the wider economy. Especially tactics of evergrand let to this over speculation, so maybe they want to deter others repeating this unhealthy growth
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  19. It's quite easy to lose that much fast if you just invest it into something very risky like he did
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  20.  @andymullarx6365  she can't do shit
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  21. I agree, it's not very helpful this way
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  22. Don't trust them to pay back when you buy their bonds? They can't afford to not pay back, they'd lose so much trust they're ruined
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  23. They prevented more than they caused
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  24. Why are you looking at trading volume? That's just the amount of times it changes hands
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  25. Those are some high chairs
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  26. They don't need to but they do it because it's worth it. Many companies who are way in the green have been selling bonds or borrowing other ways. If you can make a few percent profits on the borrowed money it's worth it and that's especially easy to achieve if interest rates are so low
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  27. White collar criminals tend to get into different prisons
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  28. You don't get to owning 37 billion in the first case if you realize that you don't need more than a certain amount
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  29. Why do you say that here? Evergrand is a Chinese property developer, so they buy Chinese land grants which are essentially one of the biggest tax revenues of the Chinese government
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  30. very sound financial advice. not
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  31. The definition of a correction is that it doesn't go down too far and doesn't stay low too long. 50 % is usually called bear market
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  32. That's just an illusion. Just because you don't have price discovery update prices by the minute doesn't mean their assets keep stable prices. If you value something at a price but find no one to buy it at that price is it really worth that?
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  33. But it's what it's been called since it existed
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  34. Who's borrowing money to invest?
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  35. Lost in the stock market.
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  36. Why did you butcher the name
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  37.  @danielchan449  you're making no sense
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  38. This is a nonsense dichotomy. They might not always say the truth but that doesn't mean everything they say is a lie
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  39. You're really comparing the highest point with the lowest point?
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  40. Tf dude
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  41. The US needs foreign investors to cancel out the trade deficit to not have the dollar lose value
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  42.  @mr3817  It doesn't always, in cases where there would be deflation for example it doesn't. And at the moment they don't just print money, the fed hands out money in exchange for securities
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  43. You're making too many suggestive questions, dude. If you said it straight ahead your contradictions would been more obvious, so maybe that's why you went that way
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