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May 1, 2008
Dear Fellow Investor,
I am a fun guy to be with. That's my opinion anyway, and I'm sticking to it.
But you should have seen the look on my wife's face when I told her what I'd been doing in Beijing.
"Sewers!" she said.
"Well, manhole covers. I counted manhole covers."
That's when she said something about fun to be with… I didn't quite catch it exactly.
I've just got back from Beijing and I'm thrilled–here's why:
When you get down to street level…walk around the Olympic stadium…count the cranes, count the aluminum window frames being installed…count the cement trucks and shiny new manhole covers…talk to the builders around the lunch pail….you discover the TRUTH about the Beijing Olympics, which is: You and I stand to collect…a fistful of profits between now and August!
The Olympic Portfolio
First thing I found in Beijing was a real shock: Du Shaozhong (DO SHOW-ZONG), the guy who runs the Beijing Environmental Protection Bureau, has been given powers normally reserved for a god! It's true: Not only is he bringing the entire "raging Beijing" economy to a standstill during the Games, he's even equipped with 11,000 artillery guns and 50,000 civilians, ready to blast the sky with silver iodide. It will rain at night, be sunny every day!
OK, so Dr. Do's outdoing Disney, but that's bad news if you run a quarry or a trucking outfit or even a gas station because you've been told: Don't turn up to work in August!
And so I went counting manhole covers and the like. The last time I saw a city grind to a halt, Katrina was the cause–and the economic effect was considerable, to say the least. But here's what I discovered:
By my calculations, China will achieve a 10.9% GDP for 2008…in just ELEVEN months of productivity!
Of course, the media is in full cry against China and the Olympics right now. But journalists have to sell their stories, not help people invest. What my on-the-ground research tells me is that China's in the midst of a mighty boom, fed by the mighty Olympic effort.
My advice: buy what China buys. Buy the…
…cell phones that'll keep 3 billion Chinese connected to the Games
…the flat panel TV manufacturers that'll give them a front row seat at the big events
…the online news web sites…the advertising agencies…the environmental clean-up companies…the banking and credit card operations…the travel and lodging companies…and yes…
…the steel and aluminum factories that supply the manhole covers and window frames for all the astonishing digging and building that's going on in Beijing right now!
Buy what China needs to make the Olympics work.
The Perfect Olympic Stock
If you can buy just one Olympic stock to cash in on this bonanza, make it the online travel agent Ctrip.com, already up 43% in the last three months, and cruising for a double by this fall.
Get this: Online travel is projected to grow 90% by 2009.
Ctrip, the Expedia of China, is first in line to benefit.
For detailed instructions on how to snag Ctrip, join China Strategy now. Ctrip is just one stock in a special Olympic Strategy portfolio that I feature in China Strategy.
I'm off to Hong Kong soon, and I'll bring back more investment ideas you just won't find anywhere else. I'm really excited about this upcoming trip–I'll be counting billboards!