YaSheng Group (HERB)

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I remember offering certain observations on the Yahoo stock message boards (back when I could figure out how to post there) regarding YaSheng, suggesting that you have to acquire some appreciation of how China and the Chinese people and the "Chinese way" are different from Western countries and people and practices, especially in terms of TIME.

I'm no expert on China but I've spent some time there, studied some of its history and language, and have talked to many of its people. I think I have some small appreciation of how the Chinese do things, and one of the main things I've learned about is PATIENCE. Which is why I sometimes find it amusing how people on this forum continually complain about the way YaSheng acts, namely, not like a typical Western company, but rather, like a Chinese company.

Let me point out that I began buying YaSheng shares back in 2007, when it was trading in the mid $1.00 range. I've added over the years, with my most recent acquisition earlier this year, and have never sold any of my shares. Like everyone, I've been waiting -- now for about ten years -- to finally score a nice big gain with this company. I KNOW it's like watching paint dry. in fact, watching paint might actually be more interesting than watching and waiting for YaSheng to move.

But we have to realize something about China. It is a civilization that is over five thousand years old. Think about that. That's a lot of years, especially when you think that the US has been around less than 250 years. There are pickle stores in Beijing that are twice as old as the US itself. All of which means that when folks are complaining and whining about "nothing happening" for months or years at a time, that's actually a misunderstanding of the Chinese way.

In other words, ten years is NOTHING to the Chinese, and yet we have people here complaining about little activity in ten months or ten weeks or ten days. That's merely imposing Western temporal perspectives on those of the Chinese, who are thinking in terms of their position in the world for the next several CENTURIES, not for the next few months or years.