Same as yesterday, went to library in the afternoon and then I went to Victoria Park swimming pool to swim for 1 and a half hour.One big thins was the global stock market was tumbled and trillions of money was gone within a day.Hope those elderlies and those speculators will not lost a lot of money=.=
I am reading a book called value investing in China published by Erich Publishing.It is quite informative and it also one of the best selling books in HK.Hope I can find some hints in this book.
The biggest problem right now in the market was about subprime mortgage crises that casue corporate bonds hard to issue,some investor think they are not secure and not buying them. Investment bank cannot earn money and company can not raise fund easily,hope this is just a small problem.
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