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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
A place to talk about investing stuff.
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Old 09-05-2020, 03:09 PM   #6031
Rain Man Rain Man is offline
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Originally Posted by Hammock Parties View Post
DO NOT BUY CHINESE STOCKS

CHINA IS...ASSHOLE!
I know it's a growth market and all, but I'm not going to put my money into a country where the government can just decide to take it with no repercussions.
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Old 09-05-2020, 03:16 PM   #6032
patteeu patteeu is offline
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I know it's a growth market and all, but I'm not going to put my money into a country where the government can just decide to take it with no repercussions.
The book Red Notice tells the story of how Bill Browder was one of the first Americans to look for investment opportunities in the post Soviet era of eastern Europe and Russia. It's a good story involving amazing investments and confrontations with dangerous oligarchs.

The Magnitsky Act was named after Browder's Russian attorney who was killed in Russian custody. It's also the law that ended up being discussed in the famous Trump Tower meeting involving Trump Jr., Kushner, and Manafort.

It was a good book. It's not political. It's half biography, half legal thriller.
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Old 09-05-2020, 03:18 PM   #6033
Hammock Parties Hammock Parties is online now
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IDEX is china
NO!
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Old 09-05-2020, 03:19 PM   #6034
lewdog lewdog is offline
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I’m up 40% in my BABA shares and have owned some for years. I’m a long term investor and I can’t say that about many companies.
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Old 09-05-2020, 03:20 PM   #6035
Rain Man Rain Man is offline
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The book Red Notice tells the story of how Bill Browder was one of the first Americans to look for investment opportunities in the post Soviet era of eastern Europe and Russia. It's a good story involving amazing investments and confrontations with dangerous oligarchs.
What's the ending to this story? Did he end up getting rich or is he languishing in a siberian prison?
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Old 09-05-2020, 03:24 PM   #6036
patteeu patteeu is offline
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What's the ending to this story? Did he end up getting rich or is he languishing in a siberian prison?
I added to my post, but the answer to your question is that Browder lived to write the book (and I assume live a life of luxury), but some of his associates weren't so lucky.
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Old 09-05-2020, 03:35 PM   #6037
ChiliConCarnage ChiliConCarnage is offline
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I think Browder is the guy Russia throws random Interpol/criminal charges at from time to time.

Then France or wherever he's passing through has to pull his passport until they can confirm that he didn't kill 300,000 little Russian kids 10 years ago.
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Old 09-05-2020, 03:37 PM   #6038
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Hearing this stuff, I think I will stay out of Russian Investments. I'll let you more adventurous guys try that.
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Old 09-05-2020, 03:42 PM   #6039
Hog's Gone Fishin Hog's Gone Fishin is offline
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NO!
Well, their business is in China
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Old 09-05-2020, 04:22 PM   #6040
patteeu patteeu is offline
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I think Browder is the guy Russia throws random Interpol/criminal charges at from time to time.

Then France or wherever he's passing through has to pull his passport until they can confirm that he didn't kill 300,000 little Russian kids 10 years ago.
That’s right. That’s what the title “red notice” is about.
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Old 09-05-2020, 08:01 PM   #6041
Halfcan Halfcan is offline
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I’m up 40% in my BABA shares and have owned some for years. I’m a long term investor and I can’t say that about many companies.
What do you think about ANT- the new BABA spin off?
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Old 09-06-2020, 11:57 AM   #6042
MahiMike MahiMike is offline
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Originally Posted by Hammock Parties View Post
DO NOT BUY CHINESE STOCKS

CHINA IS...ASSHOLE!
Agreed. But so is Amazon and Walmart for buying from China. I won't shop at any of these places on principle. But I will buy their stock cause Americans are lazy, cheap assholes too.
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Old 09-07-2020, 08:19 AM   #6043
Hog's Gone Fishin Hog's Gone Fishin is offline
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Old 09-08-2020, 07:57 AM   #6044
SupDock SupDock is offline
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Old 09-08-2020, 08:02 AM   #6045
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