you are right its not 100% of the story, perhaps just most of it, 50-60%...they occasionally buy stock in Europe which is also cheap and Japan but they never quite seem to have the passion about those markets as they do about China. Just read the latest monthly update for confirmation.
My comment was really that the month of Nov oputperformance was due to China (maybe I should have just said mostly due to China).
Long term the bias to China versus US has been pretty much a life-long thing for Platinum, really starting with KN and contuining with AC. But I hear KN is much less keen on China these days mainly due to XI actions...it doesnt seem to have fazed AC though...
Anyway I think we have settled it for now and lets move on...I agree your comments
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