4 ms·

Since when did we endorse conspiracy theories on HN?

by ETHisso2017 7y ago

sremani 7y ago
That is a dissident talking to a successful hedgefund manager. Kyle Bass is hawkish on China particularly CPC but calling him or real vision a conspiracy theory outlet reflects a willful blindness.
- adventured 7y ago
  Guo Wengui is of course not just a dissident, he's a billionaire (or former billionaire; hard to tell post fleeing China) that the Chinese Government has wanted to force to be returned to the mainland for likely execution or long-term imprisonment (having been accused of just about every crime they could slap him with). Guo Wengui believes the Chinese Government wants to murder him. It's obvious he must be saying something interesting to make China so extremely angry.
- kristianov 7y ago
  Successful? I wouldn't go so far as to call him that. I used to watch Kyle Bass youtube interviews bc his arguments are interesting. But when I researched his track record, I stopped. It appears, after his win in the 2007/8 CDS crisis, he has been wrong non-stop: his EU short in 2009 went south, his bet on Japan debt bubble burst didn't materialize (losing 61% investor money in the process), and his famous nickel bet became an Internet meme... He's now betting on HK and China's impending collapse. It could happen, but I wouldn't trust him too much.
  - sremani 7y ago
    You are talking about 10-12 year old stuff and he still has his shop.. so I guess he is successful in being in the business - if that makes you happy.
    - kristianov 7y ago
      His recent 8-year annualized return is 1.56%. Very successful indeed. Hope he keeps his job.
      - sremani 7y ago
        I guess so - but again this the interview of the Chinese billionaire.
  - BubRoss 7y ago
    Did Jack Ma not hand over his shares to five unnamed individuals? That is what is being said here, everything else is irrelevant in this context.
xiphias2 7y ago
Conspiracy theories are important because a part of them are usually true. Of course the problem is that it’s hard to get data about which part is true and which isn’t.
- Leary 7y ago
  Aliens built the Egyptian pyramids

Since when did we endorse conspiracy theories on HN?

That is a dissident talking to a successful hedgefund manager. Kyle Bass is hawkish on China particularly CPC but calling him or real vision a conspiracy theory outlet reflects a willful blindness.

adventured 7y ago
Guo Wengui is of course not just a dissident, he's a billionaire (or former billionaire; hard to tell post fleeing China) that the Chinese Government has wanted to force to be returned to the mainland for likely execution or long-term imprisonment (having been accused of just about every crime they could slap him with). Guo Wengui believes the Chinese Government wants to murder him. It's obvious he must be saying something interesting to make China so extremely angry.
kristianov 7y ago
Successful? I wouldn't go so far as to call him that. I used to watch Kyle Bass youtube interviews bc his arguments are interesting. But when I researched his track record, I stopped. It appears, after his win in the 2007/8 CDS crisis, he has been wrong non-stop: his EU short in 2009 went south, his bet on Japan debt bubble burst didn't materialize (losing 61% investor money in the process), and his famous nickel bet became an Internet meme... He's now betting on HK and China's impending collapse. It could happen, but I wouldn't trust him too much.
- sremani 7y ago
  You are talking about 10-12 year old stuff and he still has his shop.. so I guess he is successful in being in the business - if that makes you happy.
  - kristianov 7y ago
    His recent 8-year annualized return is 1.56%. Very successful indeed. Hope he keeps his job.
    - sremani 7y ago
      I guess so - but again this the interview of the Chinese billionaire.
- BubRoss 7y ago
  Did Jack Ma not hand over his shares to five unnamed individuals? That is what is being said here, everything else is irrelevant in this context.

xiphias2 7y ago

Conspiracy theories are important because a part of them are usually true. Of course the problem is that it’s hard to get data about which part is true and which isn’t.

Leary 7y ago
Aliens built the Egyptian pyramids