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24 January 2014

 

FXI - ISHARES CHINA LARGE-CAP ETF

Added FXI at 35.57 on 23 Jan 2014. It is cheap now, I have never seen such a cheap Chinese market in the past two decades. Pls refer ratios below. I feel comfortable even if it continues to drop. I will add more at certain levels.

Be Fearful When Others Are Greedy and Greedy Only When Others Are Fearful. ― Warren Buffett

Average Price/Earnings 7.69
Average Price/Book 1.29
Average Price/Sales 1.17
Average Price/Cashflow 1.89

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