Sunday, April 27, 2008

#23 China Life Insurance

This was one helluva sucky suck stock from October to March. I proclaimed then and still do that life insurance in China will be fine. I didn't know LFC would dive from 105 to below 50 in that span of six months. Holy crap!


For now, the stock has seen a reprieve and has bounced from 55 to 67. Is the end over? Probably. Can LFC thrive?

My answer to that is another question: How many people live in China?

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