Is Munger Right about China?

Investors in Chinese assets, whether real estate or stocks, have had a rough year. But legendary investors like Charlie Munger are looking at this as an opportunity to buy their favorite companies at a discount. China has spent the last decade or so building relationships, stockpiling commodities and investing in mines. And the world in front of us look as if these investments are going to pay off handsomely. So is the selling in China done? Or would it be better to get exposure elsewhere?

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