tag:blogger.com,1999:blog-1527840491496268397.post3823394195914703029..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: Market AnomalyUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1527840491496268397.post-35944955236990693272012-12-03T22:39:04.406-07:002012-12-03T22:39:04.406-07:00So you're saying that if security A is better ...So you're saying that if security A is better than security B, they shouldn't swap because of... sunk costs?CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-45827827916113667992012-12-03T03:02:54.312-07:002012-12-03T03:02:54.312-07:00Why on earth wouldn't you trade up in the capi...<i>Why on earth wouldn't you trade up in the capital structure?</i><br /><br />Because to do so they'd have to realize a huge loss? And might be throwing good money after bad?<br /><br />A better question: Why have anything at all to do with a Chinese company? Like there hasn't been enough fraud to scare all but the most recklessly imprudent investors away?<br /><br />I won't have anything to do with them. No exceptions. The Chinese cannot be trusted (and that includes the government/rule of law generally). That goes for the bonds as well as equity.eahilfhttps://www.blogger.com/profile/11917658744700868462noreply@blogger.com