O'Reilly logo

Own Your Financial Freedom by Andrea Kennedy

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

INTRODUCTION

IT’S YOUR MONEY, HONEY!

Back in late March 2008, a week or so after the investment bank Bear Stearns had collapsed, I had lunch in Hong Kong with one of the region’s then leading pundits. An economist by training, he holds a PhD and has been in this region for decades. He is widely quoted by the local media and sought after by private banking institutions for his insights.

Now that Bear Stearns was ostensibly bankrupt, I asked him, “What happens next?” I asked this question because the markets were still acting erratic to say the least. Rents in Hong Kong had gone up 50 to 100% in a year but property prices were now plummeting. He smiled and reassured me with these exact words, “There is nothing to worry about. The markets have cleared. ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required