Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
🧠Life & Philosophyglenbradford-wordpress

GHII

Glen Bradford
Glen Bradford@DoNotLose
·1 min read

GHII: Gold Horse International, Inc.

Talked to their CFO Adam Wasserman,

He just got back from Mongolia and was there to help them file their annual reports. The issue with GHII to him is the publicity: there is none. They’re going to get some though. But, they work really well with the community, built a jail, police station, building schools to lease back to the community, a few roads and other buildings and otherwise operate a hotel in the 2nd fastest growing city in China. Great balance sheet, PE of around 2 now. Should have a PE of at least 10 in normal market conditions.

I’m buying a lot of shares.

Glen

From: Hall, Douglas (MCOE) Sent: Wednesday, October 08, 2008 2:33 PM To: Bradford, Glen Richard Subject: Got text

What’s the scoop?

Doug Hall

Found this valuable?

Share it with someone who needs to read it.

Share

Act As If

Question Everything, Set Life Goals, Achieve. — Free PDF download or grab it on Amazon.

Enjoyed this? Get more like it.

Glen's Musings — AI, investing, and building things. Occasional. Free.

Glen Bradford

Glen Bradford

Investor · Builder · Writer

MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.

More in Life & Philosophy

Keep Exploring

Disclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.