More evidence of a bubble in ChinaH/T to Miguel of http://www.simoleonsense.com for the find The Price of China’s Property Boom – via WSJ – A Chinese Academy of Social Sciences study making the rounds lately has revived bubble fears by suggesting that a startling 64.5 million urban housing units—one for every four households—is sitting empty, based on dormant electricity meter readings. Local utilities have since stepped forward to try to discredit the CASS numbers. But even if they are accurate, fears of a property crash may be misplaced.
Link here The Price of China’s Property Boom
Warren Buffett’s 2018 Activist Investment
Most investors are aware of Warren Buffett's most high profile long-term investments. However, there is one long term investment that is often overlooked. Q2 2020 hedge fund letters, conferences and more This is building materials maker USG, which was owned by Berkshire Hathaway for more than 17 years before it was acquired in 2018. If Read More