If the Chinese government censors Google and Google pulls out of China as a result, then BIDU increases market share at the expense of free speech.
http://www.nytimes.c...beijing.html?hp
Does profiting from BIDU
Started by
Jnavin
, Jan 13 2010 09:23 AM
8 replies to this topic
#1
Jnavin
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#2
fib_1618
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Posted 13 January 2010 - 09:37 AM
China is a Communist state...there's no such thing as free speech, no less, freedom of choice.If the Chinese government censors Google and Google pulls out of China as a result, then BIDU increases market share at the expense of free speech.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#3
Jnavin
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Posted 13 January 2010 - 09:41 AM
Totally agree. Will you avoid buying BIDU because of it?
#4
fib_1618
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Posted 13 January 2010 - 10:08 AM
Generally speaking, I pay no attention to products that I buy and sell...I just follow the money.Will you avoid buying BIDU because of it?
In the case of BIDU, I would be surprised if todays positive reaction to the news holds for more than a day or two.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#5
zman
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Posted 13 January 2010 - 10:54 AM
well said Fib
Education is the best defense against the media.
#6
Jnavin
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Posted 13 January 2010 - 11:08 AM
So, if a BIDU trade looked promising, you would support a censored Internet service in China?
Edited by Jnavin, 13 January 2010 - 11:08 AM.
#7
fib_1618
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Posted 13 January 2010 - 12:13 PM
Regardless of our opinions, you and I have no power here. The Government of China will do what they feel is best based on their ideology. If, however, you don't agree with their political views or business plan, you have the freedom of choice to decide otherwise. The Chinese people don't have that. They too have no power in this area. They accept what is given to them or vanish.you would support a censored Internet service in China?
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#8
selecto
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Posted 13 January 2010 - 12:39 PM
Probably ought to stop buying mid-east oil too - those guys get
fairly nasty about dissent.
#9
OEXCHAOS
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Mark S. Young
Posted 13 January 2010 - 06:28 PM
As a point in fact, we're traders here, not investors. Our political impact on a stock is nil.
There are a lot of philosophical arguments one can make for or against "ethical investing" and I'd rather we not hash them out here. As a practical matter, though, as traders the more we make, the more money we have to make the world better off either through commerce, investment, or donating to causes. That's about the only impact we can have because we're not there long enough to be counted let alone affect change.
Mark
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