Hong Kong Billionaire Put a Quarter of His Wealth in Gold; Says You Should Do the Same

From moneymetalsexchange.substack.com

While many Western investors still lack exposure to precious metals, a Hong Kong billionaire has allocated a quarter of his wealth to gold and advises others to do the same. Bloomberg described Cheah Cheng Hye as “the face of value investing” in Asia. Hye built his company, Value Partners Group, into a “multi-billion-dollar stock picking powerhouse.” Value investing is a strategy that involves identifying undervalued investments based on fundamentals and holding them until the market catches up. Value investors try to determine the intrinsic value of an asset by evaluating its earnings and cash flow, balance ... (full story)