China Stocks and Boeing, And Whether To Venture Into Troubled Waters

2024-01-25

Our second podcast of this week and 2024 covers companies not priced for perfection, but that instead have struggled. We start with China stocks, and the question of whether China is uninvestible. We go into Akram's July 2023 Alibaba trade views and how that was also an investment thesis. We also talk about the connected nature of global economics now and in history. From there we jump to Boeing's travails and how much of those travails should be pinned on Boeing, and how much of them are part of doing business, and capitalism generally. Related posts: The Razor's Edge: China is...

Our second podcast of this week and 2024 covers companies not priced for perfection, but that instead have struggled.

We start with China stocks, and the question of whether China is uninvestible. We go into Akram's July 2023 Alibaba trade views and how that was also an investment thesis. We also talk about the connected nature of global economics now and in history.

From there we jump to Boeing's travails and how much of those travails should be pinned on Boeing, and how much of them are part of doing business, and capitalism generally.

The Razor's Edge: China is Uninvestable??

The Razor's Edge: Boeing and Regulatory Capture in Capitalism

The Long and Short of the Markets: Boeing's Bad Week, and Going Beyond the Headlines

2:05 minute mark – the stakes with the China trade
6:20 – Restarting with Baba’s position and Akram’s July 2023 thesis on Alibaba
13:00 – The Baba buy case
19:00 – China’s import beyond China-based companies, crypto and politics asides
24:00 – China’s lagging performance and frontier market experience
34:30 – The concept of too hard
37:30 – Getting into Boeing’s issues and past regulatory stories
48:00 – Boeing’s track record in context of other industries, and shared responsibilities
59:00 – Boeing too big to fail?
1:07:00 – The capitalism angle