5min chapter

The Alchemy of Money cover image

Evan Tindell of Bireme Capital

The Alchemy of Money

CHAPTER

Is There a Controlling Shareholder in China?

With companies that are controlled, or obviously in foreign markets where you don't necessarily have like, legal avenues to pursue executives. I spent a whole year shorting these chinese stocks that had come public in the us. They were all ods, and there was nothing anyone could do about it. And i think with ten cents, they distributed the j d shares rather than just selling them on the open market. That makes your company larger right now? So thi give you five, if you have 20 billion dollars of stock in company and you can then take that money and go and acquire something else. Because otherwise, you're not going to be able to make any kind of profit

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