Global Value Investing

[Traderfan]

Wow a final 10% position in BAJA is quite high. I don't think I could handle that. All the china pessimists out there will tell you that you can buy copper at 2.50 and lower very soon because china is going for the sure hard landing. I personally always felt that these guys are wrong and they have been wrong for a long time now but who knows.

I was told today that guys like Pettis (who is apparently a china expert) expect an average of less than 3.5% GDP growth for the remainder of the decade and I'm not sure if I wanna hold any copper mine stocks if copper goes to 2. But that all remains to be seen of course.


http://globaleconomicanalysis.blogspot.com/2012/04/12-predictions-by-michael-pettis-on.html