Vitaliy N. Katsenelson, CFA, is Chief Investment Officer at Investment Management Associates in Denver, Colo. He is the author of “Active Value Investing: Making Money in Range-Bound Markets” (Wiley 2007) and the upcoming The Little Book of Sideways Markets (Wiley, December 2010).

You can read his articles at



Category: Think Tank

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “China – The Mother of All Grey Swans”

  1. HelicopterBen says:

    “You lied, grandma died”

    That’s why we are is such troubles! Wherever you look, there is fraud, greed and lies! Lie no a lie on a lie on top of a pile of more lies ….!

  2. victor says:

    You’re right HelicopterBen; let me pile on with these two:

    1) the cake is a lie

    2) this is not an exit

    does it summarize it all?