I have expected the average quality of XIN posters to be higher
Shelly, I always admire you have the gut to stay in this board even though many people restlessly attack you. I share the same belief you have regarding free speech in message boards. I believe people become more intelligent after discussing complex issues with people with different opinions. In the world, many things are not right or wrong.
That's something that many people from China lack. The formal education in China likes labeling things with label either right or wrong. In the classes, students are trained to believe there is only one correct way to do things. This type of education makes many people fail to realize that people may all well-off by doing things in two opposite way.
XIN's case, for instance, shows that people have enough risk management can actually make money from XIN while people like me decide to avoid the risk can make money in somewhere else. At the end, no matter how XIN performs, both type of investors can make money in the long run. However, many folks just believe that I must be a loser if I don't invest in XIN or I am just pretend to bash XIN in order to buy XIN later. They did not realize that my business sense and reasoning skills help me make money in somewhere else. It is very simple logic. Many successful investors ignore XIN, but they are still successful.