How Activist Webb Earned 20% a Year Investing in Hong Kong Stocks

The video discusses investment strategies focusing on small cap stocks, highlighting the challenges and opportunities in this market segment. It covers the regulatory environment in Hong Kong, emphasizing the importance of corporate governance and shareholder rights. The speaker critiques the introduction of dual class shares and the prevalence of corporate malfeasance, particularly in smaller companies. The discussion also touches on the broader implications of these issues for market performance and investor confidence.

What was the Enigma network of 2017 primarily characterized by?

• A group of tech startups

• A matrix of cross holdings

• A series of government bonds

• A collection of real estate firms

Why does the speaker prefer investing in small-cap stocks?

• They allow for more shareholder rights

• They have better liquidity

• They offer higher dividends

• They are less volatile

What is a major challenge of investing in small-cap stocks according to the speaker?

• High transaction fees

• Excessive regulation

• Thin liquidity

• Lack of market data

How has the regulatory environment in Hong Kong changed recently?

• It has remained the same

• It has become more transparent

• It has improved significantly

• It has been going backwards

What is a concern regarding corporate governance in Hong Kong?

• The introduction of dual-class shares

• The lack of financial audits

• The increase in tax rates

• The decrease in foreign investments

What is the speaker's view on investing in Chinese onshore shares?

• They are highly profitable

• They are undervalued

• They have excellent governance

• They are run for party more than profit

What is a suggested improvement for corporate governance in Hong Kong?

• Reducing the number of shareholder meetings

• Endorsing independent directors by independent shareholders

• Increasing the number of board members

• Implementing more stringent tax policies