Hong Kong/China is committing suicide, they have no one to blame but themselves. (remember, HK = China, so HK’s foolishness is China’s)

Here’s the latest self inflicted wound

Thread
According to HK/China, covid doesn’t infect people at restaurants before 6 pm. Only after 6 pm. #Fraud
HK/China: covid infects people at restaurants (but only after 6 pm), bars, clubs

But covid doesn’t infect people at crowded offices, crowded trains/buses, and crowded schools. (If you think NYC is a crowded place HK is far more)
According to HK/China, people should exercise less to fight the virus.

Because exercise is bad.

Because people get the virus at gyms, swimming pools,

But they don’t get the virus in the (far more crowded) public transportation system.
I guarantee you this 👇 is a widely held sentiment.

Something to watch.
China is making the same mistake the USA did in the beginning of covid - but in reverse.

USA was too lax, didn’t take it seriously enough in the beginning of covid.

China has been too restrictive in recent quarters. Even worse, doubling down on the failed zero covid policy.
How exactly is China/Hong Kong’s zero covid policy, a major self imposed error?

Preventable inflation + stagflationary impulse - the lunatics are running the show👇
Macrotourists seem to love talking Kazakhstan right now.

But it seems China is the elephant in the room. Zero covid policy - and worse, doubling down - is a failure because its persistence is leading to higher costs.

(Preventably) rising food costs and lost jobs ==> 🤔 ???
On one hand, “The worse a situation becomes the less it takes to turn it around, the bigger the upside.”

OTOH, the worse things get and persist, more difficult/costly choices enter the equation.
USA has major problems, but on a comparative basis, I think the USA is - relatively and incrementally - sitting pretty vs the rest of the world re: covid and managing the tough + delicate balancing act between covid policies vs normalization.

It’s worse elsewhere!

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More from @LongShortTrader

6 Jan
There’s been a lot of if you liked ___ stock at 100 you will like it better at 40, -60% off its highs.

I’m going to invert this. If you liked shorting terminal melting ice cube sh1tco at 100 , you will like it better at 150, 50% above your entry.
The last few days remind me of a year ago…in reverse.

Market feels like it’s gunning for the weak, just as it was 1 year ago. We only saw the body bags publicly revealed a few months later. Took time.

And just like a year ago, the “gun for the weak” actually began in q4 2020
But “the weak” right now are different from the ones a year ago.

This may not play out exactly same way as it did a year ago. We will see.
Read 8 tweets
4 Jan
Is E Holmes allowed to start a SPAC ?
Elon / $TSLA are many things (including some bad things)

But Putting them in the same sentence as Liz Holmes / Theranos is both incorrect and unfair IMO.
Why didn’t Liz Holmes plead?

(I haven’t been following all the minutiae of the case)
Read 4 tweets
27 Oct 21
Just how long can an organized pump and dump campaign last?
I find that - given sufficient time - the P&D perps move on and find a new shiny toy...
we've been looking at a peculiar issuer. Peculiar because it exhibits a odd + rare combination of qualities:

1. the company is in a sector where overt pump & dumps are very rare.

2. The stocks/underlying businesses trade/fundamentals tend to behave in some very specific ways..
Read 6 tweets
25 Oct 21
Is this the bull case or bear case for facebook? $FB
“It’s not wrong unless we get caught” - Facebook $FB Image
Read 7 tweets
20 Aug 21
We too have been following this space - VR - for a few years now, but barely have talked about it publicly.

Here’s our current + simplified view:

I am eager to see how Apple’s VR will fare vs Facebook/Oculus.

I have an opinion, but we shall see!
It remains to be seen whether a company whose track record and DNA consists of being user centric and user focused - prioritizing the user

Vs a company whose track record and DNA is seeing users as the product and mindless cattle …

Which one fares better
I’ve dealt with oculus customer service . I’ve dealt with Apple customer service.

Lol.

I will leave it at that.
Read 4 tweets
20 Aug 21
All right I’m doing this for the sake of my buddy @ReganCoda and a few other friends. Counterpoints to the thread 👇:
Let me translate “Myth 1”: the Chinese people went from starving poor 40 years ago, to poor but not starving, today. Depending on who you ask, this is thx to CCP or the Chinese ppl.

Starving ppl tend to worry more about making ends meet than the right to sh1tpost abt Beijing.
Also, when most of your people go from starving poor to poor (but not starving)…people tend to trust the system, give it benefit of doubt, and expect a better tomorrow vs today.

Confidence.
Read 19 tweets

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