by Adam English, Outsider Club:
The Good Kind of Trashy Investing
Asia’s richest man leads a consortium into a $1.26 billion acquisition after dropping $501 million on another deal in the same sector.
And although it was largely ignored in financial news, if you take a closer look, you’ll see a savvy move in today’s increasingly questionable and unstable global economy…
Li Ka-shing is a Hong Kong business magnate and prolific investor worth about $31 billion. In many ways, he is like a Southeast Asian Warren Buffett.
Since starting a plastic flower manufacturing company in 1950, he has gone on to build a business empire that includes banking, construction, real estate, plastics, cellular phones, satellite television, cement production, retail operations, hotels, transportation, airports, electric power, steel production, ports, and shipping.
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