Post #8400 by mungofitch on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

Unthreaded | Threaded | Whole Thread (57)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 19

Probably because for part of those 30 years, China was moving away from more authoritarianism and towards more capitalism. Now it is the opposite.

It's hard to draw firm correlations between government style and how well capitalists do.

But FWIW, it's worth recalling that in 1949 the revolutionaries simply closed the Shanghai stock market, for an effective -100% realized loss on every position. No stock market for the next 40+ years. That's definitely not a prediction (per comment above), but it's always good to remember what the range of possible events is. Anything that has happened once is definitely possible, and presumably a whole lot more besides.

Jim

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (57)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.