Investor Concerns: Fraud and Accounting Standards in China

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Discussion on the concerns surrounding fraud and accounting standards when investing in China, highlighting recent instances of fraud and the importance of corporate governance. The chapter also addresses the skepticism surrounding Chinese companies in US stock exchanges and emphasizes the need to trust reputable companies while being cautious of fraudulent ones.

Kevin Carter talks about emerging and frontier markets, where and how to get started investing internationally, and much more!

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

03:04 - Revelations Kevin saw when he worked at a mutual fund vs. investments one can do as an individual investor.

16:25 - Lessons Kevin learned when he shorted Amazon.

22:34 - How Kevin got involved with Tesla.

35:05 - What emerging or frontier markets are and which countries they consist of.

41:02 - Why home-country bias exists and what investors are potentially missing by focusing only on their domestic markets.

41:02 - What the most important things to look out for are when investing in foreign or international markets.

48:46 - The catalyst that’s going to change the dynamics of investing and will have a material impact on the future returns of international markets.

01:00:36 - Where to start and how to get started as a new investor in foreign markets.

01:06:59 - How international investors combat against fraud and accounting standards.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Berkshire Hathaway Shareholder Letters.
Burton Malkiel’s book A Random Walk Down Wall Street.
Fred Schwed’s book Where Are the Customers’ Yachts?
David Swensen’s book Pioneering Portfolio Management.
John Bogle’s book The Little Book of Common Sense Investing.
Joel Greenblatt’s book The Little Book That Still Beats the Market.
Benjamin Graham’s book The Intelligent Investor.
All of Robert’s favorite books.

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