Not only in political, America’s national strength and world-renowned companies make the impact globally in every way. Such as CNN produce reports from American perspective; American funds cause trouble in global financial market; Credit rating agency assigns credit ratings to the world’s most famous companies according to American view; American investment banks are making American style research reports. It almost dominates the main trend of global financial market in one hand. Even many big companies utilize America’s political power to set all kinds of regulations and agreements. Making complaint against international to take by force and encroach benefits as gnawing silkworm and swallowing whale. This almost like another form of war. Using nonmilitary way to take role of international power and resources.
Therefore, as what Warren Buffett said, “If you’ve been playing poker for half an hour and you still don’t know who the patsy is, you’re the patsy." After that, I was carefully paying attention to America trends from the America news and funds’ research reports
As the example of 1993, America cut interest rates to kick-start spending. And many America investment banks began to aim its spear at the 10% GDP growth Southeast Asia countries. Although I was not familiar with the condition of Southeast Asia, but since America economy was depressed and MSFT seems to be a stagnation status. Therefore, I was following American hot money to invest in the economic growth and prosperity of Southeast Asia. Of course, the ROI(Return On Investment) was up to 70% in that year. This was my first success by following American funds.
Then, I received the order to operate Taiwan Stock with the management position in the middle of 1993. So, I took very close look at the international funds movement which would impact on Taiwan Stock Market. Lately, I found the tendency of some Taiwan electronic stocks were increasingly rising after the fourth season of 1993, and America electronic stocks were also ready to react. From this fact I knew America’s economy was recovering that caused by 6 to 7 times of continuously lowering their interest rates. Therefore, I purchased my first blue chip electronic stocks such as (2317)Hon Hai , (2311) ASE Inc and (2313) Compeq…,etc. (For I still had no clue which would be set apart from the competition, so I bought whole bunch of them.)
As the example of 1993, America cut interest rates to kick-start spending. And many America investment banks began to aim its spear at the 10% GDP growth Southeast Asia countries. Although I was not familiar with the condition of Southeast Asia, but since America economy was depressed and MSFT seems to be a stagnation status. Therefore, I was following American hot money to invest in the economic growth and prosperity of Southeast Asia. Of course, the ROI(Return On Investment) was up to 70% in that year. This was my first success by following American funds.
Then, I received the order to operate Taiwan Stock with the management position in the middle of 1993. So, I took very close look at the international funds movement which would impact on Taiwan Stock Market. Lately, I found the tendency of some Taiwan electronic stocks were increasingly rising after the fourth season of 1993, and America electronic stocks were also ready to react. From this fact I knew America’s economy was recovering that caused by 6 to 7 times of continuously lowering their interest rates. Therefore, I purchased my first blue chip electronic stocks such as (2317)Hon Hai , (2311) ASE Inc and (2313) Compeq…,etc. (For I still had no clue which would be set apart from the competition, so I bought whole bunch of them.)
As expected, America was seven times continuously rising interest rates after its booming economy. Taiwan electronic stocks also about to boom after the bust since 1990.
To be continued….
