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Samson Soturian
Wall Street Millennial
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Was Evergrande A Ponzi Scheme?" video.
"Buy state owned land." Correction: The Chinese government in China owns all land. They lease it to people for 30 to 70 years at a time.
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I love the "told you" moments like this in markets. It shows how many systemic problems can be anticipated and corrected, but aren't.
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@BuddyLee23 not exactly. Most high profile government seats are owned by party members. The party is a state within a state with its own rules.
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@arizonajoe6813 Mr Left didn't have a short position. He started covering at a profit shortly after he issued the report and was banned from trading stocks in Hong Kong.
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Only if you have a prime brokerage.
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I can't tell if you're joking
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His firm's made 111 short reports. I'd have to take a couple hours to sort out their accuracy, but maybe I'll do that and post it to WSB.
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His firm has made 111 short reports. How many of them came true?
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@imperator_odin because like stock pickers, most macroeconomic investors are kidding themselves. But Citron research specializes in finding fraud, and I've been compiling their win/loss ratio to post on WSB.
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@coasterchris01 Mr Left is a forensic accountant, not a market guru.
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@randomsimpsonsquotes6033 he closed his position shortly after his report due to the lawsuit.
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@aaronhpa in 1492, Columbus sailed the ocean blue. See, I can make no sense too!
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@aaronhpa nah, my drug of choice is violence! /s
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@AXE914 I know, but functionally it's the same thing.
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It's even better, because it proves there was method to your method the whole time and you really did beat the market rather than get lucky.
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