The Adventure Capitalist Hong Kong is dying (and how you can bet against it)
Hong Kong is struggling. Expats have left in droves and a recent poll indicates 38% of all university students in Hong Kong would leave if they were given a change. That is not a recipe for a thriving city.
In this episode, Austin and Cody discuss how the financial hub of Asia went from a shining jewel that attracted talent from all over the globe to a dying city.
We’ll also discuss why billionaire hedge fund managers, including Bill Ackman, are lining up to bet against the Hong Kong dollar.
Chapters:
00:00 - Intro
01:12 - What’s going on in Hong Kong?
03:31 - Why Hong Kong is important
06:37 - What’s going to happen in the future and how to profit from it
08:36 - Why the HK dollar might de-peg
10:26 - Bill Ackman’s bet against them
11:34 - The Macau dollar hustle
17:55 - Where the Hong Kongers are going
20:37 - Where the Expats are going instead of Hong Kong
23:32 - Why Thailand is taking off right now
24:28 - Austin left LA for Thailand and Namibia
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