2min snip

We Study Billionaires - The Investor’s Podcast Network cover image

TIP611: The Bear Case for China w/ Kyle Bass

We Study Billionaires - The Investor’s Podcast Network

NOTE

Investing in Communism: A Lost Cause

Investing in communist economies, particularly China, has proven detrimental for investors in the long run. Specific examples highlight that since China's takeover of Hong Kong in 2020, the market has dropped 50%, with consistent yearly losses. Even amidst GDP growth of 500% over 15 years, investments in China's major indices resulted in a loss of one-third of capital. In comparison, the US economy, with a 72% GDP growth and substantial market returns (340% for S&Ps), showcases the benefits of a stable economic system governed by the rule of law. These insights underline the futility of diversifying investments into communist nations, typically yielding only short-term gains followed by long-term losses.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode