Yanglin Soybean, Inc (fka YSYB)

[sunsailor]

G20 U.S.+China Agree to Restart Trade Talks!
- The New York Times
CHINA BUYING FARM GOODS & MORE!

WE PROVED HEDGIE KYLE BASS WAS WRONG!
XENOPHOBIC SHORT HEDGIE KYLE BASS RATIONALIZED WRONG!!
QUARTERLY CUBE WORKER HEDGIE KYLE BASS REASONED WRONG!!!
PAPER-PUSHER KYLE BASS HAS NO FORWARD-THINKING LOGIC!!!!
SPREADS-CHASER KYLE BASS LOSES ON BAD ANALYSIS AGAIN!!!!!

G20 28+29th Osaka: “Ignore & Brace 4more Trump Tariffs.”

Hedgie Kyle Bass quoted above. —Quoted subject line & link:
( HEDGE FUND MANAGER’S LAST EIGHT YEARS 1.56% ANNUALIZED IS TERRIBLE! )

“Kyle Bass says Wall Street investors should ignore G-20 and brace for a fresh round of Trump tariffs.”

I’LL BET THE TARIFF WARS ARE CEASED WITH AN AGREEMENT SOON AFTER G20, IF NOT ON G20 THIS MONTH.
( We’ll now soon see who’s right. Kyle or me. ) Challenging the reckless spitfire hedgie to see who wins!
KYLE BASS WAS PROVEN 100% WRONG!!!!!!!!! WE WERE RIGHT ON THE MONEY. HOW ABOUT THAT!


NEW YORK TIMES QUOTED: “‘We’re right back on track,’ Trump says of China trade talks.
The United States and China have agreed to resume trade talks, President Trump said on Saturday after meeting with Xi Jinping, China’s top leader, during the Group of 20 summit in Osaka, Japan.
During a news conference on Saturday afternoon, Mr. Trump said that the United States would not impose any new tariffs on Chinese exports as the talks resume.
Mr. Trump said China had agreed to resume broad purchases of American farm products and other goods. In a surprising move, the president appeared to backtrack on a ban on the sale of American equipment to Huawei, the Chinese telecom giant.
“U.S. companies can sell their equipment to Huawei,” Mr. Trump said, explaining that he wanted to help American technology companies that had complained about the ban. In May, the Commerce Department put Huawei on a blacklist that prohibits American companies from selling equipment to Huawei. The move was a major blow to Huawei, which relies on chips, software and other equipment from the United States.
Mr. Trump said that any comprehensive resolution of the many issues involved in American legal action against Huawei would not be possible until other bilateral issues have been resolved.
But the United States also appears to have made progress. According to President Trump, China will resume at least some of its purchases of American farm goods and other products while the Trump administration keeps in place the 25 percent tariffs it previously imposed on nearly half of China’s annual exports to the United States. The negotiations had broken down seven weeks ago when the Chinese side said that it could not accept some provisions that had been tentatively agreed to in an incomplete draft text. “We discussed a lot of things, and we’re right back on track,” Mr. Trump told reporters early Saturday afternoon following his meeting with President Xi. When talks broke down in early May, Mr. Trump had directed his aides to make the legal preparations to put 25 percent tariffs on another $300 billion a year worth of American imports from China. Those tariffs would be in addition to the 25 percent tariffs that the Trump administration has already imposed on $250 billion a year of Chinese goods.” End quote — New York Times


HEDGIE KYLE BASS WAS PROVEN 100% WRONG!


G20 28+29th Osaka: “Ignore & Brace 4more Trump Tariffs.”

Hedgie Kyle Bass quoted above. —Quoted subject line & link:

( HEDGE FUND MANAGER’S LAST EIGHT YEARS 1.56% ANNUALIZED IS TERRIBLE! )

“Kyle Bass says Wall Street investors should ignore G-20 and brace for a fresh round of Trump tariffs.”

I’LL BET THE TARIFF WARS ARE CEASED WITH AN AGREEMENT SOON AFTER G20, IF NOT ON G20 THIS MONTH.
( We’ll now soon see who’s right. Kyle or me. ) Challenging the reckless spitfire hedgie to see who wins!

WIKI QUOTED: “J. Kyle Bass (born September 7, 1969) is an American hedge fund manager. He is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund focused on global event-driven opportunities. In 2008, Bass successfully predicted and effectively bet against the U.S. subprime mortgage crisis by purchasing credit default swaps on subprime securities which, in turn, increased in value when the real estate bubble burst. Bass has made prominent bets on Japan, European sovereign debt and, most recently, China. Since Hayman Capital's inception in 2006, the fund has returned 436.75% and an annualized return of 16.7%. In 2007, Hayman earned 212% by shorting subprime mortgages. In the next 8 years, the fund averaged 1.56% annualized.
End quote.

IMHO:
Kyle Bass was youngest director of Bear Sterns at 28. This below explains why he was a reckless PSEUDO-PERFORMER at 28. Not slick or smart at all.
Bear Sterns was sold to JP Morgan for $10/share, after a 52 high of $133. .
After documenting $66 billion in cash & $350 billion in assets in 2006; they SEC restated 13.4 TRILLION in hidden JUNK derivatives. They over-leveraged by over 3X; then over-invested in (Collateralized Debt Obligations) JUNK CDO’s; —then imploded. Two other managers like him were arrested. Thank goodness we owned none!
RECKLESS ‘Naked Short Selling’ was the reason for Lehman & Bear Sterns failure. HEY! THEY GOTTA SHOW QUARTERLY PERFORMANCE TO KEEP THEIR JOB, AYE?!! So much for short term investing...

GO CONGLOMERATE WHIRLWIND YSYB YANGLIN SOYBEAN GROUP!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


https://www.nytimes.com/2019/06/28/world/asia/g20-summit.html?nytapp=true

https://www.nytimes.com/2019/06/28/world/asia/g20-summit.html?smid=nytcore-ios-share