Words from the Sage of Whampoa

Li Ka-shing, like Warren Buffett in the US, is making very interesting pronouncements at his results meetings.

Each year, legendary investor Warren Buffett gives his views on the world at the annual general meeting of Berkshire Hathaway. So prized have these nuggets become that they have even been turned into a book.

Now, Hong Kong legend, Li Ka-shing's sagacity is also being dispensed. Last week, at Hutch's interim results meeting he took questions and his answers were transcribed and sent to the media's fax machines. In this new age of corporate transparency this is obviously the right...

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