tag:blogger.com,1999:blog-7905515.post688273200263809418..comments2024-03-14T11:09:32.759-05:00Comments on Falkenblog: Overpriced Chinese Warrants Eric Falkensteinhttp://www.blogger.com/profile/07243687157322033496noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7905515.post-1641613191722359732013-03-26T07:09:14.610-05:002013-03-26T07:09:14.610-05:00Chinese warrants are useless indicators of anythin...Chinese warrants are useless indicators of anything, they can be so ridiculously mispriced because the financial system there is not properly functioning that they don't tell you anything except "ordinary investors don't understand warrants."<br /><br />Are there implications for the general economy because of this? I doubt it. People are irrational all the time but these are still fairly small amounts of money.<br /><br />Here's an AER from 2011 on the same topic<br /><br />http://www.princeton.edu/~wxiong/papers/warrant.pdfAnonymousnoreply@blogger.com