Vivian Lewis Blog | Our 2020 Outlook And The Coronavirus | Talkmarkets
Editor and founder of Global-Investing.com
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Vivian Lewis is editor and founder of Global-Investing.com, the daily blog newsletter for Americans and others seeking to internationalize their portfolios. She brings unique experience and competence to the business of picking foreign stocks.

After graduating from Harvard magna cum ... more

Our 2020 Outlook And The Coronavirus

Date: Tuesday, January 28, 2020 5:10 AM EST

Our 2020 outlook and that of lots of other pundits failed to spot a great unknown risk to world economies, another virus outbreak in China. Or to quote Robert Burns, "the best made plans of mice and men gang oft agly." I am using men as a poet's way of describing humans of all genders and mice as his way of describing various other creatures which may harbor germs that hop over to people in markets where wild creatures are sold for food.

The reason for my failure is clear if you view the model portfolio, where two relatively obscure Chinese stocks were added early this year, pre-flu. One is in the drug business but not against viruses; the other is a high-flying electric carmaker matching a US millionaire's version in stock performance, but alas, short of cash and relying on existing Chinese customers to round up their friends who may be interested in buying too and driving the whole group--now in facemasks!--to the dealer's showroom.

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Terrence Howard 10 months ago Member's comment

It's frustrating when, what might otherwise be a great stock pick, turns out to be a lemon due to powers unforeseen and completely unexpected. Don't beat yourself up over it - many more companies are going to take a major hit over this virus. Out of curiosity, which were the stocks?

Vivian Lewis 10 months ago Author's comment

one is still above our basis, NIO; while and Beigene is down because of non-corona virus concerns. please visit www.global-investing.com to learn ore about our service. It is currently impossible for tech reasons at seekingalpha for me to offer a link so it is up to you

vivian