I sold 70 Vance Info (VIT) shares today: they’re 40% up since I bought them in May 2008 June 30, 2009Posted by deminvest in growth stock, India Investing, investment, my free stock, nasdaq, Nasdaq stock, Single stocks, stock I own, stocks, VanceInfo Technologies, VIT.
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VanceInfo Technologies is a Chinese software house.
A year ago I bought VIT because it was Chinese largest software house. I considered that fact as a great advantage over Indian software houses, which ended up losing more than half of their value in a year . Maybe I was right (link). Maybe I was just lucky to hit a well managed software house.
Tags: programmers, software
VanceInfo Technologies is a Chinese software house. I was reading an interesting article about the future of China’s software industry, which is still very small small (about 2 Billions) if compared to India’s 60 Billions Software industry.
Chinese programmers have a great obvious competitive advantage over India’s programmers: Chinese programmers speak the language used in World’s fastest growing economy: China! (more…)