This summer has been eventful for ByteDance, the owner of the rapidly growing social network TikTok. First, the Indian government banned the application from distribution in the country, due to concerns that the Chinese government might access user data. Then a number of U.S. companies warned employees to remove TikTok …
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Just how bad is the economic situation in China? In late February, MarketWatch interviewed Leland Miller, CEO of the China Beige Book, who warned that economic deterioration caused by the novel coronavirus was, as we put it, “worse than you think.” On Monday, Miller’s firm released a fresh report that …
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Dear Moneyist, I owe back child support for a son from my first marriage, and so I have not received a stimulus check. Does President Trump not realize I now have another family to take care of? They need me now. If I can’t feed my family, I will do …
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With stock prices sinking fast, a client emailed me saying, “Your move, boss.” So here is our move: Especially in this coronavirus crash, we continue to seek out what we always look for globally — high-quality businesses that we can buy at a significant discount to fair value. We are …
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