China’s Shadow Banks Could Make Real Estate Slump Worse

Bad bank loans have reached a six-year high as China’s housing market continues to slow along with the nation’s economy. Now, Standard & Poor’s warns lenders in the world’s second-largest economy are understating their exposure to the slumping real estate market. If the downturn persists for at least a year or two, experts say, it could…

Qualivian Investment Partners Up 30% YTD; Long ORLY Thesis

Qualivian Investment PartnersQualivian Investment Partners commentary for the second quarter ended July 30, 2020. Q2 2020 hedge fund letters, conferences and more “Short-term investors will accept a 20% gain because they didn’t spend the time to develop the conviction and foresight to see the next 500%.” - Ian Cassell Executive Summary Readers of investment letters fall into Read More