Kevin Duffy on investing in China

Long-term, China is hated for all the right reasons: economically successful, minds its own business, refuses to kowtow to the U.S. and is too big to attack.  In addition, China boasts a smart, hard-working, entrepreneurial culture that values education and has avoided some of the toxic ideologies of the West, like wokeness.  China represents a key control group and geopolitical diversifier.  And it’s on sale.

~ Kevin Duffy, "Portfolio Review," The Coffee Can Portfolio, p. 19, October 22, 2024