[Flavius]

this is why he's the best...

Buffett Sales Of PetroChina Fly Under Radar Forbes, NY - Oct 11, 2007 JPMorgan analyst Brynjar Eirik Bustnes estimated Buffet has made about 600% return on his PetroChina investment, basing his calculations on the difference ... HKG:0857

[rebel_yell2]

Less than half of Exxon's earnings but a much larger market cap--that makes sense.

The SHSE is in a bubble like the NASDAQ in 1999 and the Japanese and Taiwanese markets in 1989 (index up from 1,100 less than two years ago to a recent high of 5,800; average P/E close to 100). Those all ended badly with valuations dropping by 80% or more and taking a decade or more to recover.

This one will be no different.