By Nicholas Vardy In the mid-2000s, investing in China was all the rage. But what happened to all the hype?
Today, Nicholas Vardy shares some lessons from the “China miracle” along with his predictions about China’s future impact on global wealth.
Back in the mid-2000s, investing in China was all the rage.
Memories of the dot-com bust faded. U.S. investors piled into Chinese stocks, looking to make their next fortune.
At the MoneyShow conferences, editors of China newsletters attracted thousands of investors to their talks.
Hundreds of others took cruises to China to witness Shanghai’s modern skyline in person.
Even Warren Buffett entered the fray, buying $488 million worth …read more