Will there be a China Crisis?

The depression in oil was a major event but i dont think it will get blamed for a market selloff, if one happens.  But the next biggest event is China's overall economy gradually heading lower.  They are probably just now bottoming out in the middle of a strong recession. Chinese stocks are artificially high and should probably be around 60-70 percent off instead of only 30-40 percent off from highs.  A guy on cnbc was saying major turbulence in China could trigger a US sell off.  Anything is possible.  I am wondering if turbulence could make the chinese end their communistic price floor controls and let everything actually trade freely like it should.  Then i could buy my DFEMX at better prices for my 401k.  We'll see.

How was the group interview?

Four guilty of $10 million investment scheme involving medical device
Eric Heisig, cleveland.com

CLEVELAND, Ohio — Four men were found guilty by a jury Friday for concocting a scheme worth more than $10 million to sell unregistered securities and lie to investors about a medical device they claimed they were developing.

The masterminds lied about patents and fda approval for a device that destroys needles.  They even had a fake location setup with parts laying around.  This is a real life reenactment of the movie Boiler Room.  Someone should make a movie about people who copied a movie.  Reco!

How was the group inyrrview?

CLEVELAND, Ohio — Four men were found guilty by a jury Friday for concocting a scheme worth more than $10 million to sell unregistered securities and lie to investors about a medical device they claimed they were developing.

Ivy League Drama

Patrick Chung and Hugo Van Vuuren had started a fund together which fell apart due to ego and power.  Their fund grew and expanded well in its 5 year existence.  The partners just did not get along.  Most involved silicon valley, Harvard, Stanford, etc.  The elite of education and technology.  As the fund grew, contracts changed, people argued, people were terminated, others resigned.  So embarrassing.  If you want to know how not to run a small fund, read about the Experiment Fund, a failed experiment.  You will also see who can raise money which is sad.  Chung sounds like a despot from what i have read but who knows.

Is Global Warming a good thing?

Has anyone asked that question?

People mostly argue over the cause of it.

Its the reason why half of our habitable land is not covered in glaciers anymore.  We may add to it but it is definitely a cyclical natural phenomenon. 

People are buying cheap land in the Canadian and Russian tundras.  If global warming continues, that land will become more valuable and ice free long enough to farm.  It is a long term investment.

Global warming = more usable land, anti-warming businesses, protective construction....MORE BUSINESS

the extra business could outweigh the costs of water levels being a few inches higher.

Almost halfway through 2016

Its looking like Hillary will become president since its basically her and Donald now.  Equities around the world went down after Ted and John ended their campaigns.  Thats funny. 

I will probably keep buying DFEMX for the rest of the year.  Its basically a China trade.  It mirrors large cap chinese co's.  price is low but could be lower.  Its the only decent thing to buy in my 401k. 

Maybe next year i will buy a us equity fund if the market ever drops.  It will drop when people stop buying but they wont stop.  Big money sells one thing to buy another.  There is no general aversion to equity but gold is pushing up.  The USD might finally drop .  I feel like we are on the cusp of a big selloff.  So close.