Wednesday, June 3, 2015


Indonesia will suffer more if they do not mend fences with China. I have the stock PME, the only loser in my China portfolio of about 9. Most rivers in China are polluted and Chinese depend on deep-sea fishing. Currently, there is a dispute between Indonesia and China in fishing territory.

Indonesia is #4 in population from my memory. It has a lot of natural resources but a lot of natural disasters. Chinese immigrants help the economy (the same as in most countries in SE Asia). However, the historical discrimination against the Chinese do not fare well. The poor governance hammers the economy.

Are you looking for a gift to a college graduates? My new book "How to be a billionaire" could be a perfect gift and it keeps on gifting. For a limited time, all royalties go to the victims in Nepal

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