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Woman Swallowed By Quicksand Beach: Did She Survive Or Dead?

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In a startling incident that highlights the unpredictable nature of coastal environments, Jamie Acord experienced a life-altering moment during what was supposed to be a routine beach cleanup. While walking along Popham Beach State Park in Phippsburg, Maine, Acord was suddenly swallowed by quicksand, transforming an ordinary day into a dramatic survival story.

Woman Swallowed By Quicksand Beach: Overview

The Moment of Sinking

Jamie and her husband Patrick were engaged in a beach cleaning effort when the incident occurred. In a split second, Acord found herself sinking rapidly, dropping “like a rock” into a pit of supersaturated sand. Within moments, she was trapped waist-deep, unable to find solid footing or escape on her own.

The Rescue Patrick Acord, who was standing nearby, quickly noticed his wife’s sudden disappearance. He immediately sprang into action, pulling Jamie to safety before the quicksand could consume her further. The most remarkable aspect of the incident was how quickly the sand filled back in, leaving no trace of the dangerous pit that had just trapped Acord.

Understanding Quicksand: More Than a Hollywood Myth

Scientific Explanation Contrary to dramatic movie depictions, quicksand is a real geological phenomenon caused by specific environmental conditions. Experts describe it as supersaturated sand, where water and sand particles create a unique, unstable surface. The sand grains become so saturated that they lose their ability to support weight, creating a liquid-like environment.

Climate Change Connection Interestingly, experts believe that climate change might be increasing the frequency of quicksand formations. In Acord’s case, a state department spokesperson explained that winter storms had rerouted a river, causing continuous water exposure that created the supersaturated sand conditions.

Survival Strategies: What to Do If Trapped in Quicksand

Expert Recommendations Marine geologists offer crucial advice for anyone encountering quicksand:

  • Stay Calm: Panic will only worsen the situation
  • Remember You Float: Humans are more buoyant than quicksand
  • Move Slowly: Make small, controlled movements
  • Distribute Weight: Try to spread your body weight across the surface

Escape Techniques Wilderness experts suggest several methods for escaping quicksand:

  • Make small back-and-forth leg motions to loosen the sand
  • If possible, attempt to lie on your back to distribute weight
  • Use a stick or pole to help ease yourself out
  • Avoid asking others to pull you directly, as the force required is significant

Quicksand Danger Zones

Where to Be Cautious Quicksand is most commonly found in:

  • Riverbanks
  • Lake shores
  • Beaches
  • Swamps and marshes
  • Tidal flats
  • Areas near underground springs

Warning Signs

  • Bubbling water emerging from ground
  • Mushy, unstable-looking terrain
  • Rippled ground surface

The Broader Implications

Safety and Awareness Following Acord’s incident, state authorities have decided to post warning signs at Popham Beach about saturated sand conditions. This proactive approach aims to educate beachgoers about potential quicksand risks.

A Reminder of Nature’s Unpredictability Jamie Acord’s experience serves as a powerful reminder of nature’s complexity. What began as a simple beach cleanup transformed into a dramatic encounter with one of nature’s most mysterious phenomena.

Survival and Perspective Despite the terrifying moment, Acord emerged from the experience unharmed. Her story underscores the importance of remaining calm and understanding natural environments. Experts emphasize that while quicksand can be dangerous, it is rarely as life-threatening as portrayed in movies.

Sand Swallow

Psychological Impact

The incident also highlights the psychological trauma associated with such unexpected natural encounters. Being suddenly trapped and unable to move can trigger intense fear and panic. Mental health professionals suggest that survivors of such incidents may experience:

  • Post-traumatic stress
  • Anxiety about outdoor activities
  • Heightened awareness of environmental risks
  • Potential phobias related to sand or beaches

Scientific Research

Ongoing research continues to explore the complex mechanisms of quicksand formation. Geologists and environmental scientists are particularly interested in:

  • The precise water-to-sand ratio that creates quicksand
  • Climate change’s impact on coastal sand compositions
  • Predictive models for identifying potential quicksand zones

Key Takeaways:

  • Quicksand is a real phenomenon, not just a movie trope
  • Remain calm if trapped
  • Understand your local environment
  • Spread your weight to increase chances of escape

Quicksand Swallowed Incident: Did She Survive Or Dead?

Jamie Acord’s Remarkable Beach Escape

Jamie Acord survived her unexpected quicksand encounter at Popham Beach State Park in Maine on June 1, 2024. Far from being a fatal incident, her experience was dramatic but ultimately non-life-threatening.

The Incident While walking along the beach with her husband Patrick, Acord suddenly sank waist-deep into supersaturated sand. “I just dropped into the ground,” she recalled. In a split second, she found herself trapped, unable to find footing or escape on her own.
Rescue and Immediate Aftermath Patrick Acord was immediately beside her and quickly pulled his wife to safety. The most surprising aspect was how the sand immediately filled back in, leaving no visible trace of the hole where she had been trapped. Jamie was left with only minor scratches from the experience.
Expert Insights Marine geologist Peter Slovinsky explained that contrary to Hollywood depictions, quicksand is not fatal. “You are more buoyant than quicksand,” he stated. “You’re not going to sink down into it over your head.”
Climate Change Connection State officials attributed the quicksand conditions to recent winter storms that had rerouted a river, causing continuous water exposure that softened the sand. Jim Britt from the Maine Department of Agriculture, Conservation and Forestry emphasized that while dangerous, quicksand doesn’t swallow people whole as movies suggest.

Survival Advice Experts recommend if trapped in quicksand:

  • Stay calm
  • Lean back or forward
  • Disperse your body weight
  • Move slowly
  • Avoid panicking

Personal Reflection Acord described the experience as “surreal” rather than terrifying. She later shared her story on social media to raise awareness about potential beach hazards, particularly concerned about how such an incident might affect children or elderly individuals.

Conclusion
Jamie Acord not only survived her quicksand encounter but has since returned to the beach, demonstrating remarkable resilience. The incident serves as a unique reminder of nature’s unpredictability and the importance of understanding local environmental conditions. The woman swallowed by quicksand beach lived to tell her tale, transforming a potentially frightening moment into an educational experience about natural phenomena.

Alineaciones de Manchester City contra Watford

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The football rivalry between Manchester City and Watford has produced numerous memorable encounters over the years, showcasing the contrasting fortunes of both clubs. Manchester City, a powerhouse in English football, has consistently dominated this fixture, while Watford has often found itself struggling to keep pace. This article delves into the lineups from key matches between these two teams, analyzing player performances, tactical approaches, and the broader context of their encounters.

Historical Context

Manchester City has undergone a remarkable transformation since the late 2000s, evolving from a mid-table team to one of Europe’s elite clubs. Their success is attributed to significant financial investment and strategic management, particularly under Pep Guardiola. In contrast, Watford has experienced a rollercoaster journey through various divisions, including multiple promotions and relegations. This disparity is reflected in their head-to-head record, with City winning the majority of their encounters.

Head-to-Head Record

As of January 2025, Manchester City and Watford have faced each other 33 times in competitive matches:

  • Wins for Manchester City: 22
  • Draws: 5
  • Wins for Watford: 6

This record highlights City’s dominance, particularly in recent years. Notably, their 8-0 victory in September 2019 stands as one of the most lopsided results in Premier League history.

Key Matches and Lineups

1. Premier League – September 21, 2019

In this match at the Etihad Stadium, Manchester City showcased their attacking prowess:Manchester City:

  • Goalkeeper: Ederson
  • Defenders: Kyle Walker, Nicolas Otamendi, Fernandinho, Benjamin Mendy
  • Midfielders: Rodri, Kevin De Bruyne, David Silva
  • Forwards: Riyad Mahrez, Sergio Agüero, Bernardo Silva

Watford:

  • Goalkeeper: Ben Foster
  • Defenders: Kiko Femenía, Craig Cathcart, Adrian Mariappa, José Holebas
  • Midfielders: Abdoulaye Doucouré, Etienne Capoue, Will Hughes
  • Forwards: Gerard Deulofeu, Troy Deeney

In this match, City scored five goals within the first 18 minutes. Kevin De Bruyne was instrumental in this performance, contributing with goals and assists. The match ended with City winning 8-0—an emphatic demonstration of their attacking capabilities.

2. FA Cup Final – May 18, 2019

The FA Cup final was another significant encounter:Manchester City:

  • Goalkeeper: Ederson
  • Defenders: Kyle Walker, John Stones, Aymeric Laporte
  • Midfielders: Fernandinho, Kevin De Bruyne
  • Forwards: Raheem Sterling, Sergio Agüero, David Silva

Watford:

  • Goalkeeper: Heurelho Gomes
  • Defenders: Kiko Femenía, Craig Cathcart
  • Midfielders: Abdoulaye Doucouré, Etienne Capoue
  • Forwards: Troy Deeney

City dominated this match as well and won decisively with a score of 6-0. This victory not only secured silverware but also highlighted City’s tactical superiority under Guardiola.

3. Premier League – April 23, 2022

A more recent encounter that continued City’s strong form:Manchester City:

  • Goalkeeper: Ederson
  • Defenders: Joao Cancelo, Ruben Dias, Aymeric Laporte
  • Midfielders: Rodri, Kevin De Bruyne
  • Forwards: Riyad Mahrez, Gabriel Jesus, Raheem Sterling

Watford:

  • Goalkeeper: Ben Foster
  • Defenders: Kiko Femenía, Craig Cathcart
  • Midfielders: Moussa Sissoko, Juraj Kucka
  • Forwards: Emmanuel Dennis

City won this match 5-1. The game was characterized by City’s fluid attacking play and Watford’s struggle to contain their movements.

Recent Encounter: Carabao Cup – September 24, 2024

In a more recent clash during the Carabao Cup:Manchester City:

  • Goalkeeper: Stefan Ortega
  • Defenders: Kyle Walker (C), John Stones, Kaden Braithwaite (debut), Josh Lewis
  • Midfielders: Matheus Nunes (goal), Nico O’Reilly
  • Forwards: Jeremy Doku (goal), Jack Grealish, Phil Foden

Watford:

  • Goalkeeper: Daniel Bachmann
  • Defenders: Ryan Porteous (C), Francisco Sierralta
  • Midfielders: Tom Ince (goal), Imran Louza
  • Forwards: Bayo Ebosele

This match ended with a narrow victory for Manchester City at 2-1. Doku opened the scoring early on followed by a goal from Nunes before Watford’s late resurgence with Ince scoring in the dying minutes.

Tactical Analysis

Manchester City’s Tactical Approach

Under Pep Guardiola’s management:

  1. Possession-Based Play: City prioritizes ball possession to control the tempo of matches.
  2. Fluid Attacking Movements: Players frequently interchange positions to create space and confusion in opposition defenses.
  3. High Pressing: City employs a high press to regain possession quickly after losing it.
  4. Fullbacks as Wingers: Fullbacks often push high up the pitch to provide width and support attacking plays.

Watford’s Tactical Approach

Watford has historically employed a more defensive setup against stronger teams:

  1. Compact Defensive Shape: Often using a deep defensive line to absorb pressure from opponents.
  2. Counter-Attacking Strategy: Focus on quick transitions to exploit spaces left by attacking teams.
  3. Physical Midfield Presence: Utilizing strong midfielders to disrupt play and win aerial duels.

Player Performances

Over the years of encounters between these two teams:

Standout Players for Manchester City

  1. Kevin De Bruyne: His vision and passing ability have often been pivotal in breaking down defenses.
  2. Sergio Agüero: As one of City’s all-time leading scorers, his clinical finishing has been crucial in many matches against Watford.
  3. Raheem Sterling: Known for his pace and dribbling skills; he has consistently troubled Watford’s defense.

Key Players for Watford

  1. Troy Deeney: A talismanic figure for Watford; his leadership and goal-scoring ability have been vital during his tenure.
  2. Abdoulaye Doucouré: His midfield presence often provided balance and creativity against stronger opponents.
  3. Ben Foster: The veteran goalkeeper has made crucial saves that have kept Watford competitive in several encounters.

Recent Developments and Future Outlook

As of January 2025, both teams are navigating through different challenges:

Manchester City’s Current Form

City remains a dominant force in both domestic and European competitions. However, injuries to key players like Rodri have raised concerns about depth in certain positions. Guardiola’s ability to rotate his squad effectively will be crucial as they aim for silverware across multiple fronts.

Watford’s Current Standing

Watford is currently competing in the Championship after their relegation from the Premier League. They are striving for promotion back to the top tier and have shown glimpses of potential under new management. Their matches against top teams like Manchester City serve as important tests for their squad’s resilience and ambition.

Conclusion

The encounters between Manchester City and Watford illustrate a fascinating narrative in English football—one of dominance versus resilience. While Manchester City continues to establish itself as a powerhouse both domestically and internationally under Pep Guardiola’s stewardship, Watford’s journey reflects the challenges faced by clubs striving for consistency at higher levels.

As both teams continue to evolve with new players and tactics over time, future encounters promise to be equally engaging—showcasing not just individual brilliance but also tactical innovations that define modern football. The historical context of these fixtures adds an extra layer of intrigue as fans anticipate how these narratives will unfold in upcoming seasons.

In summary, the lineups of Manchester City against Watford not only highlight individual talents but also reflect broader tactical philosophies that shape each team’s approach on matchday. As we look forward to future clashes between these two clubs, it is clear that every encounter holds potential for excitement and drama on the pitch.

Why is electroplating so useful?

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Electroplating for demanding businesses

With copper or aluminium electroplating, a wide range of technological advancements would not be possible to achieve. Let’s have a look at why this particular process has such a big impact on our civilisation. Let’s see how modern approach makes it even bigger.

The benefits of electroplating

The electroplating plays an important role in the economy. It provides a range of high-quality, durable coatings that protect and enhance the longevity and functionality of different metal components. Better corrosion resistance, for example, improves outdoor installations of any sort. Enhanced conductivity, on the other hand, ensures smooth and efficient current flows, resulting in better performance of electronic devices. 

That’s why electroplating is a game-changing solution for multiple industries. From telecommunication to aerospace, medical devices, and even jewellery. In the automotive sector alone, electroplating is widely used for both decorative and functional purposes. Tin plating, a silvery-white coating, is used to protect parts from rust and other forms of corrosion, while electroless nickel plating is used to increase the wear resistance and hardness of engine components. The use of electroplating in the automotive industry ensures that vehicles are both visually appealing and functionally safe.

In the electronics industry, electroplating is used for the production of integrated circuits and printed boards, as well as the creation of connectors, terminals, and pins. The use of real silver plating for electrical contacts is particularly popular, as it has a wide operating temperature range. It also offers good corrosion protection with exceptional conductivity. The application of electroplating in electronics ensures reliable performance of any device, thus increasing its efficiency.

In medical devices, electroplating is used to produce implantable components, such as stents, screws, plates, and joints. These coatings must be biocompatible and able to withstand the corrosive properties of body fluids to avoid adverse effects on the patient’s health. Electroplating is the preferred method of surface modification in the medical field because it optimises the performance of the medical device while minimising potential harm to the patient.

Automation of electroplating and quality control

The above goes side by side with modern production standards. That means automotive processes, which ensure that every component has exactly the same layer of coating as thousands of its counterparts on the production line. Automation greatly speeds up industrial processes. In addition, it provides means for better quality. The error margin is basically minimal, although technological tests are still required. But they are also conducted via sophisticated tools in the hands of highly qualified personnel. As a result, the quality level can be more exceptional than ever.

The highest quality of electroplating, however, demands specialised facilities. Only fully modernised factories are capable of delivering products in line with top requirements. Automated machines, software, and people who control the whole process without delays—they are a must. The ability to offer a range of coating types and thicknesses is also appreciated due to various product specifications. This way, a single service provider can handle complicated orders in just one location. Are you interested in more details? Please visit https://www.electriscoatings.com/en/services/electroplating-coatings.

Copper cutter – what is and how to use it?

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Copper cutter – what is and how to use it?

A copper cutter is a specialized tool designed for cutting copper pipes with precision and ease. These cutters are essential for plumbers, HVAC technicians, and DIY enthusiasts who work with copper piping systems. Unlike general-purpose cutting tools, copper cutters are specifically engineered to handle the softness of copper, ensuring clean and accurate cuts without deforming the material.

Types of copper cutters

There are several types of copper cutters available, each suited for different applications:

  • Standard Pipe Cutters: These are the most common type, featuring a body made of durable materials with a cutting wheel and adjustable rollers. They are suitable for cutting pipes of various diameters and are designed to provide a clean, square cut.
  • Mini Pipe Cutters: Designed for use in confined spaces, mini pipe cutters are compact and ideal for cutting pipes in tight areas where standard cutters cannot reach.
  • Automatic or Self-Adjusting Cutters: These cutters automatically adjust to the pipe’s diameter, simplifying the cutting process and reducing the need for manual adjustments.

How to use a copper cutter

Using a copper cutter is straightforward and involves the following steps:

  1. Preparation: Ensure the pipe is free from debris and mark the cutting point for accuracy.
  2. Positioning: Place the cutter around the pipe, aligning the cutting wheel with the marked line. For standard pipe cutters, adjust the tightening knob until the cutting wheel makes contact with the pipe’s surface.
  3. Cutting: Rotate the cutter around the pipe, applying consistent pressure. After each full rotation, tighten the knob slightly to deepen the cut. Repeat this process until the pipe is severed. This method ensures a clean cut and minimizes deformation.
  4. Finishing: After cutting, it’s essential to remove any burrs from the inside of the pipe using a deburring tool. This step prevents potential flow restrictions and ensures a proper fit during assembly.

Advantages of using copper cutters

  • Precision: Copper cutters are designed to provide exact cuts, which is crucial for ensuring leak-free joints in plumbing systems.
  • Efficiency: These tools are specifically made for cutting copper, allowing for quicker and more efficient work compared to using general-purpose saws or cutters.
  • Safety: Using the appropriate cutter reduces the risk of pipe deformation and minimizes the production of metal shavings, which can be hazardous.

Alternative cutting methods

While copper cutters are the preferred tool for cutting copper pipes, alternative methods include:

  • Hacksaws: A hacksaw can be used for cutting copper pipes; however, it requires more effort and may result in uneven cuts. Additionally, it often necessitates further deburring and cleaning of the cut surface.
  • Power Tools: Tools like reciprocating saws or rotary tools equipped with appropriate blades can cut copper pipes. These methods are faster but require careful handling to avoid damaging the pipe or creating an uneven cut.

Choosing the right copper cutter for your needs

When selecting a copper cutter, it’s essential to consider the specific requirements of your project. Factors such as the diameter of the copper pipe, the working environment, and the materials involved play a significant role. For instance, a mini pipe cutter is ideal for tight spaces, while a standard pipe cutter is better suited for larger pipes and frequent use. Additionally, some cutters are versatile enough to handle other materials, such as plastic or thin-walled steel, making them a valuable tool for diverse applications. Investing in a high-quality cutter with durable components, such as a body made of robust metals and precision-engineered cutting wheels, ensures reliability and long-term performance. For added convenience, many copper cutters are designed to work with accessories like deburring tools, enhancing their utility and making them a staple for professionals and DIY enthusiasts alike.

In conclusion, a copper cutter is an indispensable tool for anyone working with copper piping. Its design ensures precise, clean cuts, facilitating the proper installation and maintenance of copper pipe systems. By following the correct usage procedures, users can achieve professional results efficiently and safely.

B2BROKER Rolls Out B2TRADER 2.2: Smarter Execution, Enhanced Flexibility, and Mobile Upgrades

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B2BROKER has unveiled a major update for its multi-asset and multi-market trading platform, B2TRADER. Version 2.2 introduces enhancements aimed at optimising trade execution, increasing broker pricing control, and improving the mobile trading experience.

This update significantly improves brokers’ and traders’ experience. It introduces C-Book order execution, advanced risk management features, customisable markups, and expanded liquidity provider support. The upgraded mobile apps for iOS and Android further ensure a seamless trading experience from any location.

“At B2BROKER, we aim to stay ahead of the curve and empower brokers with innovative solutions that align with the rapidly evolving market needs. With B2TRADER 2.2, we remain committed to enabling our clients to thrive in a competitive environment while reflecting where the market is headed—towards greater customisation, advanced risk management, and unparalleled accessibility. 

We are proud to continue driving innovation that helps our clients succeed in an increasingly complex trading environment.”

Mark Speare, Chief Client Officer at B2BROKER

C-Book: A New Level of Order Execution Control

B2TRADER 2.2 debuts C-Book, a flexible order execution model that complements the existing A-Book and B-Book approaches. This new feature allows crypto and CFD brokers to fine-tune their trade flow by determining how much order volume is executed internally versus through external liquidity providers.

With a comprehensive reporting system integrated into the admin panel, brokers now have full transparency over internal and external transactions. C-Book enhances financial performance, reduces reliance on liquidity providers, and improves overall risk management.

Flexible Pricing Strategies with Custom Markups

B2TRADER 2.2 gives brokers even greater pricing control through fully customisable markups and commission structures. Now, brokers can create pricing strategies catering to various client segments, enhancing profitability and competitiveness.

Additionally, new price stream customisation options enable brokers to set market access rules for specific traders or groups. This feature allows for greater adaptability in market offerings and trading conditions.

Multiple Liquidity Providers for a More Resilient Trading Environment

The latest B2TRADER update allows brokers to connect to multiple liquidity providers, improving pricing accuracy, execution speed, and overall market depth.

This multi-provider integration also strengthens risk diversification. In case of disruptions with one liquidity source, alternative providers ensure continuous and stable trading operations, minimising potential downtime.

New Trading Orders: Take Profit, Stop Loss, and Trailing Stops

B2TRADER 2.2 enhances risk management by adding Take-Profit, Stop-Loss, and Trailing Stop orders. These tools give traders greater control over their exit strategies, allowing them to lock in profits or minimise losses without constantly monitoring the markets.

By automating risk management, these features cater to traders of all experience levels, making it easier to execute strategic trades while maintaining a disciplined approach.

Enhanced Mobile Trading for iOS and Android Users

The latest release significantly improves the B2TRADER mobile trading experience, bringing full platform functionality to iOS and Android devices. Traders can now manage their accounts, monitor real-time market movements, and execute trades more quickly and efficiently.

  • Optimised User Interface

A refined design that mirrors the desktop trading experience for seamless navigation.

  • Complete Trading Control

Traders can manage positions, place orders, and analyse charts anytime, anywhere.

  • All-in-One Mobile Solution

All essential features are now available on mobile, from executing trades to tracking performance and adjusting risk parameters.

B2TRADER: Setting New Standards in Multi-Asset Trading

B2BROKER isn’t stopping here—B2TRADER is set to evolve even further. The next major milestone for the multi-asset and multi-market trading platform is the introduction of perpetual futures trading. This feature will enhance the platform’s diverse CRYPTO SPOT, Forex, and CFDs offerings.

With each update, B2TRADER is becoming a more versatile and powerful platform. It equips brokers with advanced tools to navigate the fast-changing financial landscape.

Brokers looking to stay ahead can now leverage B2TRADER 2.2’s cutting-edge features to enhance their operations and provide traders with an unparalleled market experience.

Saudi Investor Khalid Alaamry Highlights Global Equity Opportunities in Alaamry Global Capital’s Annual Letter

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In collaboration with Khalid Saud – Alaamry

Over the years, there have been numerous conversations about the stock market, investment strategies, and the current landscape of opportunities. Many have asked about the rationale behind fund strategy, particularly exposure to Chinese equities, and the best approach to decision-making in such a complicated environment. These discussions have highlighted the importance of educating investors on how to think about the market—focusing on fundamentals, research, and a disciplined approach to investing.

This article intends to share insights on how to best evaluate investment opportunities, both within funds and as a general investment principle. Included are case studies and real-world examples to illustrate how to apply these principles, with a special focus on China, which is an undervalued market with strong upside potential. Aiming to guide how investors can make decisions based on data and facts rather than emotion or sentiment.

The Investment Philosophy

Alaamry Global Capital invests in exceptional companies trading below their intrinsic value. Businesses are targeted with:

  • Competitive advantages
  • Strong and capable management
  • Prudent capital allocation
  • Shareholder-friendly practices

Prioritising investing in companies with founder-led management teams. Some 85% of Alaamry Global Capital’s portfolio comprises companies where, on average, 30% of outstanding shares are held by insiders.

By purchasing such companies at discounted prices, margins of safety are created that protect against potential downside risks while maximising long-term returns.

These opportunities often arise during periods of economic uncertainty, industry challenges, or company-specific issues. Negative market sentiment and short-term panic drive stock prices below fair value, offering attractive entry points for long-term investors.

As Benjamin Graham wisely observed:

Markets are a voting machine in the short term but a weighing machine in the long term”.

In today’s technology-driven world, average holding periods for stocks have dramatically declined from eight years in the 1950s to under six months. This short-term focus allows undervalued stocks to be capitalised, holding them through recovery for superior long-term returns.

Why Focus on China?

China, the world’s second-largest economy, offers an unparalleled investment opportunity. Despite achieving the “Chinese Miracle” with an average annual growth rate of 10% over three decades, its stock market remains significantly discounted.

The Hang Seng Index is at a Steep Drawn-Down Level

The Hang Seng Index, which peaked at 31,000 in 2021, has dropped 53% to lows of 14,687. This decline surpasses the 25% covid-19 crash and is comparable to the 57% drawdown during the Global Financial Crisis (GFC).

To put this into perspective, a similar performance in the S&P 500 would place it at around 1,928 points—three times cheaper than its current level of over 6,000. Such a decline would erase a decade of gains, much like the Hang Seng’s drop wiped out 15 years of returns.

Currently, the Hang Seng trades at roughly one-third the valuation of the S&P 500, presenting a compelling opportunity.

As Baron Rothschild famously said:

The time to buy is when there’s blood in the streets.

Price-to-Earnings Ratio Points to Great Valuations

Historically, the US market has experienced prolonged periods of flat or negative returns:

  • Post-dot-com bubble (2000–2013): The S&P 500 took 13 years to recover to previous highs.
  • 1969–1981: A stagnant period influenced by the 1974 oil embargo, the effects of which lasted 11 years.

Market recoveries after such downturns have been robust:

  • 2013 to present: The S&P 500 climbed from 2,060 to over 6,000 (+291%).
  • 1990 to 2000: The index rose from 720 to 2,770 (+385%).

The US market’s current price-to-earnings (PE) ratio is at 27, nearing dot-com bubble levels and nearly double its historical mean of 15.8. The Hang Seng Index PE is at 10, significantly below its 20-year average of 15.19.

The last time the US market PE ratio reached a level similar to the 10 of the Hang Seng was during the 2008 GFC. Since then, the S&P has delivered an impressive 878% return, or 15.6% annually (excluding dividends).

China’s stock market offers attractive valuations compared to the US. The low Hang Seng Index PE ratio signals the potential for a strong rebound. If the index reverts to its 20-year average, it could rise to 30,000, a 50% upside. A return to its historic high P/E of 21.2 would push the index above 40,000, offering a potential 100% upside.

As Warren Buffett wisely stated:

Be fearful when others are greedy and greedy when others are fearful

The Buffett Indicator Points to an Undervaluation of the Chinese Market

Warren Buffett’s preferred valuation metric, the Buffett Indicator, compares total stock market capitalisation to GDP.

  • US Indicator: 2.09x GDP, higher than the 1.5x peak during the dot-com bubble and four times higher than the 0.5x low during the GFC.
  • China ratio: 0.60x GDP.

This signals significant overvaluation in the US and makes China nearly 3.5 times cheaper.

Case study: Microsoft’s lost decade – low historical returns lay the foundation for high future returns

Microsoft’s “lost decade” (2000–2010) offers valuable insights to investors. During this period, despite strong fundamentals, the stock delivered zero returns for a decade due to valuation contraction:

  • Price to earnings (PE) dropped from 70x to 8x.
  • Price-to-sales (PS) ratio fell from 28x to 2.27x. From 2013 to 2024, Microsoft’s fundamentals kept improving, leading to significant rerating:
  • Revenue/share grew 3.5x; EPS grew 8x.
  • P/E expanded from 12x to 34.4x.
  • Stock price rose from $27 (2013) to $420 (2024).
  • Total return: 1,555%, or 28.3% annualized.

Here is a comparison of Microsoft’s share-price returns with the growth in its fundamentals over those two periods.

Microsoft’s fundamentals were strong in both periods, but stock returns varied due to valuation differences. This raises the question: Why do investors avoid low-valuation markets but flock to overvalued ones?

The takeaways from this case study:

  • Value, price, and fundamentals all matter in the long run.
  • Short-term price fluctuations mostly reflect the near-term sentiment of investors.
  • Low historical returns lay the foundation for high future returns.
  • Investors are generally irrational and guided by herd mentality. They are most comfortable buying with the crowd at market highs rather than being prescient but one of the few at market lows.

Warren Buffett’s quote is worth mentioning here:

Price is what you pay, value is what you get

The Magnificent Seven: the US market is more concentrated and expensive

The contrast between the US and Chinese Magnificent Seven is stark.

US stocks are approximately 5.50 times more expensive than their Chinese counterparts. Like Microsoft’s post-lost decade recovery, China’s large caps could experience similar rerating.

Insider Behaviour can Give the Game Away

Currently, insiders in US companies are happy to sell their stock knowing the shares are at all-time peak valuations. At the current S&P 500 level of 6,000, US insiders are selling stock in record volume.

This reinforces a consideration that the market in China is where the opportunity lies. If insiders do not have confidence in their own companies in the US, why should money be invested in their companies?

Fundamentals of our China Portfolio

Our China-based portfolio demonstrates compelling valuation and fundamentals:

Valuation

Probability Metrics

Capital Returns

Fundamental Performance of the Company

Conclusion

During a business trip to China, Khalid Saud met the CEO of a portfolio company who had grown his business into a multibillion-dollar enterprise with a 38-fold increase in free cash flow over a decade and a 10-year average ROE of 21.32%. Despite this success, his stock had dropped 60% from 2021 highs, leaving him puzzled and unhappy.

Assuring him that short-term market irrationality doesn’t negate strong fundamentals. Personal experience was utilised, and it was recounted how some of the stocks Alaamry owned had a drawdown of over 90% but they turned around eventually to become 10-baggers. Encouraging him that, as the CEO, he is best suited to determine his company’s health. It was later noticed, from the public filings, that he began personally buying back shares, demonstrating confidence in his company and alignment of interest with shareholders.

Investment Mission

A large focus is placed on amazing, founder-led companies with strong insider ownership and high returns on capital. These businesses are available at single-digit valuations—70% cheaper than their US counterparts.

If a company is twice as good as the average but priced at half the average, it could be viewed as a four-times better investment opportunity.

However, not every good company is a good investment & vice versa. At Alaamry Global Capital a balance of valuation and quality to achieve long-term returns is achieved.

Alaamry Global Capital Avoids:

  • Short-term investing (day trading or predicting the next quarter’s results).
  • Shorting or speculative price action.
  • Predicting the economy or chasing fads.
  • Investing in companies with questionable management integrity & disregard for shareholders’ interests.
  • Investing in loss-making companies without proven track records.

While many fund managers avoid markets like China due to weak Market sentiment, Alaamry embraces long-term opportunities and invests using the company’s capital, aligning fully with their investors’ interests. With a focus on studying businesses minutely and investing only when stringent criteria are met. A guiding question is: Should this business be owned if the stock market was closed for the next 10 years? This long-term perspective helps ignore short-term price fluctuations.

Here you can read the Alaamry Global Capital Report.

Tesla Stages Remarkable Comeback in 2024 with 61% Stock Surge

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After a challenging start to 2024, Tesla (TSLA), the world’s most valuable carmaker, defied expectations with a dramatic turnaround. Facing slower growth projections, aggressive price cuts in markets like China, and mounting competition from rival EV makers, Tesla ended the year with a 61% surge in its stock price—making 2024 one of its best years in the past decade.

Data from Stocklytics reveals that 2024 was Tesla’s third-strongest year for investors, surpassed only by its extraordinary 731% rally in 2020 and a 110% gain in 2023.

TSLA Stocks Shined in Eight out of the Ten Last Years

A few companies can match Tesla (TSLA) when it comes to blending tech innovation with the Wall Street drama. Despite ongoing debates over its valuation and market dominance, Tesla has remained one of the most traded and closely watched stocks out there, delivering wild price swings and impressive returns. In 2024, the company once again silenced critics with a winning year.

During Q1 2024, concerns over slowing growth, safety recalls, price cuts, and missed sales caused Tesla’s stock to tumble, erasing billions in market value and leaving it as the only loser in the elite “Magnificent Seven” tech group. However, Tesla rebounded spectacularly, ending the year with a strong 61% full-year return, trailing only behind Nvidia`s 171% and Meta`s 151% gains.

Moreover, the Stocklytics analysis showed that 2024 was the third-best year for investing in Tesla stocks in the past decade. Only two years brought higher returns to Tesla investors. In 2020, TSLA stocks skyrocketed by a remarkable 731%, followed by a fantastic 110% gain in 2023.

Looking at the bigger picture, Tesla’s long-term performance is extraordinary. Tesla stocks brought gains in eight out of the ten last years, with only 2016 and 2022 showing 7% and 67% declines, respectively.

A $1,000 invested in Tesla Ten Years Ago Would be Worth $31,000 Today

Despite its wild stock swings, Tesla delivered impressive returns for early believers. Assuming an investor bought only $1,000 worth of Tesla stocks in January 2015, they would have picked up 73 shares priced at around $13. Ten years forward, that investment would be worth $31,000, as TSLA stock price recently hit an all-time high of $416.

This impressive price rally helped Tesla grow its stock value 53 times in the past ten years, skyrocketing from $25 billion in 2015 to $1.33 trillion as of last week.

Crypto Ownership Surges in 2024 as Market Hits New Highs

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Despite initial challenges in the first quarter, 2024 proved to be a landmark year for cryptocurrencies. Thirteen of the top 20 digital coins, which account for over 90% of the total market value, experienced triple-digit growth. Monthly trading volumes reached an average of $1.5 trillion, second only to the record highs of 2021, while global crypto ownership soared to unprecedented levels.

Data from TechGaged.com highlights a 33% increase in global crypto ownership during the 2024 bull run, with 562 million people owning or using digital currencies by year-end.

Second-Largest Growth in Five Years

The surge in crypto adoption signals more than just market activity—it reflects a global transformation in how people transact, invest, and manage their finances. According to Triple A’s State of Global Cryptocurrency Ownership report, the 2024 adoption wave ranks as one of the most significant in cryptocurrency history.

Improved regulations that boosted investor confidence and opened doors for new financial products, the advancements in blockchain technology and the approval of Bitcoin ETFs, triggered a surge in institutional and retail crypto adoption. Macroeconomic pressures, including inflation and currency devaluation, only fueled crypto adoption, helping the crypto market to reach more users than ever.

According to the survey, 562 million people used cryptocurrencies as a payment or investment method in 2024, 33% more than the previous year. That means 142 million people worldwide embraced cryptos, the second-highest growth in the past five years. Statistics show only 2023 saw more new crypto users, around 200 million, followed by 2022 and 2021, which added 70 million and 50 million users, respectively.

On a global scale, around 6.8% of the world’s population owned crypto in 2024, with ownership varying significantly by region and country. The United Arab Emirates and Singapore topped the list, with 25.3% and 24.4% of their population holding cryptocurrencies. Turkey, Argentina, and Thailand rounded the top five list, with 19.3%, 18.9%, and 17.6% shares, respectively.

The United States ranked eighth, with a 15.5% crypto ownership, twice the global average. Surprisingly, the traditional financial hub Switzerland reported lower much lower figure, with 11.5%. of crypto owners. The survey also showed that six of the top ten countries with the highest share of crypto owners were emerging economies, proving that crypto adoption remains mostly a non-western trend.

South America drives crypto adoption with a 116% surge in new users

A regional comparison shows huge differences in crypto ownership. The world’s largest crypto region in exchange revenue and trading volume, North America, saw a 38% annual increase in crypto adoption, growing from 52 million to over 72 million users. Asia also witnessed steady growth, with a 21.8% rise in 2024, bringing its total to 326 million crypto users.

European crypto adoption growth was much bigger, with nearly 19 million new users and a 60% increase in a year. However, all three regions were outpaced by South America, which saw a staggering 116% surge in crypto adoption, double Europe’s growth rate and triple that of North America. In 2024, South America’s crypto population grew to 55.2 million, surpassing Europe by 6 million users and narrowing the gap with North America to just 17 million.

A New Era of Banking: Octobank’s Role in Uzbekistan

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In August 2023, Ravnaq-bank rebranded itself as Octobank. Such a transition always carries risks, but a year and a half later, it is evident that the decision was the right one. Octobank not only avoided turbulence but also achieved record-breaking growth.

Iskandar Tursunov, Chairman of the Board and majority shareholder of Octobank, shares insights into the philosophy behind this transformation and the success formula for fostering strong relationships with clients.

Why did Octobank decide to change its name? What symbolic and strategic reasons were behind this decision?

The name change was part of a comprehensive transformation. The rebranding encompassed not only the bank’s name but also a broad restructuring of services, particularly for our business clients.

The bank’s image, service solutions, and brand underwent a profound shift from a control-based system to a management-oriented approach. This conscious decision has proven to be a success.

What results has the bank achieved since the rebranding?

During this period, the bank outlined new strategic directions. The supervisory board and management were revamped, aligning corporate governance with contemporary standards.

The results were outstanding: by the end of 2024, Octobank reported a record net profit of 150.6 billion UZS. Fee-based income surged by an impressive 799.5%, demonstrating the demand for our products.

Our clients resolved non-performing assets amounting to 324 billion UZS, making Octobank one of the top seven banks in the country with zero non-performing loans.

Additionally, we signed a partnership with the Chinese payment service Tenpay, opening new opportunities for businesses in Uzbekistan and strengthening relationships with Chinese clients who use WeChat Pay for transactions.

What competitive advantages set Octobank apart in Uzbekistan’s banking market?

  • Technological Innovation: We offer advanced solutions like Open API, simplifying business integration with our system. Our hybrid internet banking platform for corporate clients is both convenient and functional. By focusing on digitization and the implementation of innovative technologies, we enable clients to manage their finances from anywhere in the world.
  • Convenience and Speed: The onboarding process for small and medium-sized businesses is streamlined, and most transactions can be conducted online, saving clients valuable time.
  • Customer Service: We place great emphasis on service quality, constantly improving our processes to ensure client satisfaction, which is the foundation of long-term, reliable partnerships.

What services are most popular among Octobank clients?

Corporate clients frequently use our acquiring services. We collaborate with major companies like Yandex Go, Uzbekistan Airways, and Hertz to facilitate online payment processing.

Among individual clients, international transfers, virtual cards, currency exchange, and utility payments via mobile apps are especially popular.

What areas will Octobank focus on in the coming years?

We have identified six priority areas for development.

The digitization and implementation of innovative solutions will remain constant. For example, we plan to create a mobile app for corporate clients, enabling them to open accounts online without visiting a branch, manage accounts in national and foreign currencies, and access a full suite of banking services via smartphones or computers. The mobile app will become the primary channel for client interaction.

We also aim to expand our ecosystem by integrating services from other sectors, including e-commerce (food delivery, flight booking), fintech (payment solutions and financial tools), and lifestyle services (telecommunications and entertainment subscriptions).

This strategy will position Octobank as a universal high-tech bank that not only addresses financial needs but also supports clients in their everyday lives.

Our corporate division will focus on attracting new clients, particularly in regional areas, by offering competitive terms, high-quality service, and user-friendly digital products. Expanding our customer base remains a key priority.

Is Uzbekistan’s fintech market ready for global changes, and are consumers prepared?

The market is rapidly evolving. Super apps and digital banks are becoming more prevalent, offering a wide range of services in a single application. Islamic banking is also gaining traction, providing alternative financial products aligned with religious principles. Cryptocurrencies and blockchain technologies are advancing, with licensed exchanges and crypto cards introduced since 2018.

Uzbekistan’s young, tech-savvy population is quick to adopt new fintech solutions. Rising prosperity and urbanization further contribute to the industry’s growth.

However, challenges remain, such as the high reliance on cash transactions and the need to enhance digital infrastructure, particularly in regional areas. Government initiatives, including IT parks and startup incentives, create a favorable environment for fintech development.

How does Octobank adapt global banking trends to the local market?

Octobank integrates global banking practices with local needs, introducing advanced solutions such as transactional business models, capital market development, derivative operations, and FX services. This approach makes our offerings more relevant and accessible to our clients.

Who is Octobank’s target audience, and what role does the bank play in their lives?

Our clients are tech-savvy individuals who prefer handling everything online. They value speed, convenience, and security, frequently using mobile apps for financial management, online shopping, and subscription payments.

Corporate clients include both large enterprises and small to medium-sized businesses that need modern solutions for online payments and financial management.

By combining personalized services with technological innovation, Octobank positions itself as more than just a financial partner—it becomes an integral part of its clients’ daily lives.

CBDCs and the Future of Cash: Coexistence or Replacement?

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The financial landscape is on the cusp of a digital revolution with the advent of Central Bank Digital Currencies (CBDCs). These digital forms of national currencies are garnering attention as governments and central banks explore their potential. Meanwhile, traditional cash, a cornerstone of global economies, continues to play a vital role in transactions and as a trusted store of value. This article, inspired by insights from Pandawhale, delves into a pressing question: Will CBDCs coexist with cash, or will they eventually replace it? To answer this, we examine the nature of CBDCs, the enduring significance of cash, and the potential pathways ahead.

Understanding CBDCs

CBDCs represent a digital form of fiat currency issued and regulated by central banks. Unlike decentralized cryptocurrencies such as Bitcoin, CBDCs are centralized and backed by government authority. They come in two primary types:

  1. Retail CBDCs, designed for public use, enabling individuals and businesses to conduct everyday transactions.
  2. Wholesale CBDCs, targeted at financial institutions for large-scale transactions and settlements.

CBDCs combine the efficiency of digital payments with the reliability of sovereign currency, differentiating them from volatile cryptocurrencies.

Goals of CBDC Implementation

Governments and central banks see CBDCs as tools to address several challenges:

  1. Enhancing Financial Inclusion: By providing accessible digital currency solutions to unbanked populations.
  2. Increasing Payment Efficiency: Streamlining domestic and cross-border payments.
  3. Reducing Costs: Lowering expenses associated with printing, managing, and transporting physical cash.
  4. Strengthening Monetary Policy: Improving control over money supply and interest rates.

The Role of Cash in Modern Economies

Cash as a Payment Medium

Despite the rise of digital payments, cash retains its significance as a universal medium of exchange. Its inherent security and anonymity make it indispensable for many transactions, especially in regions where access to digital infrastructure is limited. Cash is a lifeline in rural and underserved areas where digital networks are unreliable or nonexistent.

Cultural and Psychological Importance

For many, cash symbolizes trust and stability. Its tangible nature provides a sense of security that digital alternatives may lack. Across cultures, cash holds symbolic value, often associated with tradition and personal control over finances.

Challenges Associated with Cash

While cash is crucial, it has its drawbacks:

  • High Costs: Printing, transportation, and storage demand significant resources.
  • Security Risks: Vulnerability to theft and counterfeiting persists.
  • Declining Usage: In some regions, digital payment systems are rendering cash less prevalent.

Advantages of CBDCs Over Cash

Financial Inclusion

CBDCs can bridge the gap for unbanked populations. By leveraging mobile technology, they enable easy access to financial services, even in remote areas. Transaction costs are also significantly lower than traditional cash systems, making them more appealing.

Enhanced Security and Efficiency

Digital currencies eliminate concerns about counterfeit money. Additionally, CBDCs facilitate faster and cheaper cross-border payments, simplifying international trade and remittances.

Policy Benefits

CBDCs bring transparency to financial systems, aiding efforts to combat money laundering and financial crime. They also allow governments to monitor economic activity more effectively, improving fiscal policy outcomes.

Concerns Surrounding CBDCs

Privacy Issues

One of the primary criticisms of CBDCs is the potential for government overreach. Unlike cash, which offers anonymity, digital currencies leave a trail that can be monitored. This raises concerns about surveillance and misuse of data.

Digital Divide

Adopting CBDCs requires technological literacy and infrastructure. Older populations and communities in developing nations may face challenges, creating a digital divide that could exacerbate inequality.

Potential Risks to Financial Stability

The introduction of CBDCs could disrupt traditional banking systems. If individuals shift their deposits to CBDCs, banks may face liquidity shortages, potentially destabilizing the financial ecosystem. Furthermore, over-reliance on digital systems increases vulnerability to cyberattacks.

The Case for Coexistence

Transition Challenges

Phasing out cash entirely poses logistical and social challenges. For instance, in countries where cash usage remains high, such as Japan and Germany, digital adoption may meet resistance. Many people prefer cash due to its simplicity and reliability.

Hybrid Models

A plausible path forward is a hybrid system where cash and CBDCs coexist. Governments can ensure both options are available, catering to varying preferences and fostering trust in digital systems over time.

Benefits of Coexistence

Maintaining both cash and CBDCs allows for a smoother transition, accommodating diverse user needs. It also provides a fallback in case of technological failures, ensuring continuity in financial transactions.

The Case for Replacement

A Fully Digital Economy

A cashless society offers numerous advantages, such as streamlined monetary policy implementation and reduced costs of managing physical currency. The shift to digital can also enhance economic efficiency by eliminating barriers posed by cash-based systems.

Innovations That Could Support the Transition

To ensure a successful transition, governments must:

  • Invest in advanced encryption and cybersecurity measures.
  • Launch educational campaigns to familiarize the public with CBDCs and address concerns about privacy and usability.

Examples of Nations Moving Toward Cashless Societies

Countries like Sweden and China are leading the way in reducing cash reliance. Sweden’s e-krona pilot and China’s digital yuan showcase how digital currencies can gain public acceptance while meeting the needs of modern economies.

What the Future Holds: Scenarios and Predictions

Global Trends in CBDC Development

Several nations are actively piloting or implementing CBDCs. For example, the Bahamas introduced the Sand Dollar, while Nigeria launched the eNaira. These initiatives highlight the growing momentum behind digital currencies.

Public Sentiment and Policy Decisions

Public opinion will play a critical role in determining the future of cash and CBDCs. Governments must strike a balance between innovation and preserving individual freedoms, fostering trust through transparent policies.

Possible Outcomes

The future may unfold in one of two ways:

  • Gradual Coexistence: Cash and CBDCs operate alongside each other, with phased transitions over decades.
  • Abrupt Replacement: Technological advancements or economic pressures accelerate the shift to a fully digital system.

Conclusion

CBDCs represent a transformative step in the evolution of money, offering numerous benefits while posing unique challenges. Whether they coexist with cash or replace it entirely will depend on factors such as public trust, technological infrastructure, and government policies. By prioritizing inclusivity, privacy, and security, societies can prepare for this paradigm shift. As we stand at this crossroads, the question remains: How can we best navigate this transition to ensure a balanced and equitable financial future?

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