TIP384: Evergrande, Alibaba, and the Collapse w/ David Stein

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 3 October 2021

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today’s show, Stig Brodersen has invited back David Stein. David is a former chief investment strategist for Fund Evaluation Group, a $70 billion investment advisory firm. In this episode, David will break down what is going on in China and whether we as investors should be concerned about a stock market collapse. IN THIS EPISODE, YOU’LL LEARN: (01:07) How are Chinese stocks valued historically? (05:37) How to think about stock market valuations in the US vs. China. (09:04) Why are some investors like Charlie Munger, bull on Chinese equities?. (13:36) Why are some investors bear on Chinese equities? (17:50) What is the true debt situation in China? (24:31) Can Evergrande lead to a stock market collapse? (28:03) What happens to investors’ ADRs if they get delisted in the US? (33:03 ) What is happening in the tech sector from an investing and regulatory perspective? (37:11) What is the intention behind common prosperity? (44:23) What are the known knowns and known unknowns when investing in China? (48:03) What are the implications of the new Chinese currency? (53:20) How to position yourself when investing in China. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Listen to David Stein’s podcast, Money For the Rest of Us. Visit David Stein’s Website. Visit David Stein’s YouTube channel. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. 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Transcript

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0:00.0	You're listening to TIP.
0:30.0	You're listening to the Investors podcast.
0:35.0	Where we study the financial markets and read the books that influence self-made billionaires
0:39.7	the most.
0:40.7	We keep you informed and prepared for the unexpected.
0:52.3	Welcome to the Investors podcast.
0:53.3	I'm your host, Dick Brodison.
0:55.5	And today I'm really happy to have invited you, David, back on the show.
0:59.8	To educate us on what is going on in China right now.
1:03.6	It's great to be here.
1:04.8	Thanks for having me, Dick.
1:06.8	So David, let's set the scene for this conversation.
1:10.5	So the Chinese equity market this year, especially tech stocks, have just tanked.
1:16.7	And it might start to look cheap for a lot of investors, especially whenever we compare
1:20.6	to the S&P 500 that already looked somewhat expensive and so far in 2021, it's up another
1:27.9	20%.
1:29.2	So let's try and sum up for 2021 and say, is this Chinese stock market cheap historically?
1:36.3	Well, first before we do that, let's think about how Chinese stocks have performed.
1:40.7	And when you talk about Chinese stocks, there's many different markets.
1:43.5	There's the big tech stock that make up, you know, or some of the top 10 companies in
1:48.8	the world, like Tencent or Alibaba.
1:51.4	But we also have stocks like the A shares, which are just local companies that trade in
	...

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