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How is this possible… » HUMOR BLOG. China’s Economy: Seizure or Cancer? The sharp slowdown in China’s economy has policy makers around the world watching carefully. Will the government have the courage to change course? The unexpectedly sharp slowdown of the Chinese economy has fanned anxieties around the world. Based on the latest figures released by the Chinese government, the economy slowed more than expected in the first quarter of this year compared with the fourth quarter of last year. Is the once unstoppable Chinese economic growth engine grinding to a halt? For the West, deteriorating growth in China is obviously bad news. On the surface, the recent precipitous drop in growth in China is the result of two factors. Had the Chinese economy been more balanced between domestic demand and exports and between household consumption and investment, monetary tightening and falling exports would not have had such dampening effects on growth.

In the short-term, most analysts are worried about a possible “heart attack” for the Chinese economy. Magazine - What Would Warren Do? The Sage of Omaha has redefined the idea of value investing. But will its principles survive his inevitable passing? Ben Baker/Redux For Warren Buffett’s most devoted followers, a meal at Gorat’s Steak House is near the apex of the visit to Omaha for the Berkshire Hathaway annual meeting, second only to seeing Buffett onstage at the Qwest Center. You do not eat at Gorat’s for the food, which is the apotheosis of indifferent midwestern cooking.

You eat at Gorat’s because it is Warren Buffett’s favorite restaurant. After five days in Omaha, I still don’t understand what Buffett’s disciples hope to learn by copycatting his food choices. More like the early Christians in pagan Rome than the millions of Muslims thronging Mecca, Buffett’s hard-core “value investors” are few, and in many ways, their entire lives run against the grain of the dominant culture. And, of course, there is Buffett himself.

I wasn’t the only one wondering about this. These are admirable traits in any investor. Signet Group: Funds of Hedge Funds » Client Relations. I thought China was in a bubble before thinking that was cool. Reading Room | Value Investors | Phoenix Asset Management Partners. Please read the following conditions of use of this website. By clicking on the "I agree" button, you acknowledge that you understand them and agree to abide by them. The information on this website is issued and approved by Phoenix Asset Management Partners Ltd (hereafter referred to as Phoenix). This website does not constitute legal advice and should not be used for making investment decisions. Phoenix accepts no liability for any damage or loss from direct, indirect or consequential use of this website or any of its content. This website does not constitute a distribution or an offer or solicitation to sell units in any jurisdiction where it would be against local law or regulation.

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Our global offices include the firm's headquarters in Boston and offices in San Francisco, London, Amsterdam, Zurich, Singapore, and Sydney. For more information on GMO, please see About GMO. (To open file, please ensure you have the most recent version of Acrobat Reader installed.) RSA Animate - Crises of Capitalism.