Your honesty and openness about persevering through hard times and even despair is so encouraging to me as an investor, someone who wants to start a fund, and just as a human struggling through life's challenges and failures. Knowing what struggles a successful person has endured and still experiences is often more helpful than all the motivational speeches from the billionaires who never stop smiling.
But... what's the point if you buy the stock in Lira and it goes up heaps and the currency goes down heaps...and the P/L is in USD... it's a risky investment., Yes, the company makes more money also in Lira. But the market value is in Lira, so the market needs to re-rate the stock.
Great insight and perspective! A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a great book for those looking to learn how to invest.
i think it is a massive mistake to invest in and support totalitarian regimes. it will only lead to conflict once said totalitarian regime is strong enough. the free democratic countries need to stop worshiping wealth and trying to earn another dollar we don't need, and more tough when it comes to protecting and promoting our way of life for future generations. I am happy to walk past an opportunity for another few % performance to avoid supporting future conflict and to avoid supporting that regime in their exploitation and oppression of people in their societies.
kind of funny that a guy from a Brit invaded country with Brit parents has a moral high ground. Roughly every 7 days a country celebrates independence from the Brit Empire. The Most widely celebrated national holiday in the world. Only 22 countries have never been invaded by Britain. Brit Empire did more damage than IS, Taliban, Al Qaeda combined! British colonialism killed 100 million Indians in 40 years. Between 1880 to 1920, British colonial policies in India claimed more lives than all famines in the Soviet Union, Maoist China and North Korea combined. People in the UK sing names of descendants of colonizers in the 21st century.
I'm not defending the turkish government but I don't think anything of the things you lists doesn't also apply to the US. 1) Authoritarian - A 2 party state where police offen murder without punishment, the single largest prison population in human history and the way protestors were treated during the BLM protests was on par with the Arab spring. 2) Imprisons journalists - Chelsea Manning, Julian Assange and Edward Snowden..... 3) Suppress history - The teaching of Black history banned in Florida, foreign coups being denied by the until it is declassified and the ongoing genocide of the native Americans.
I don't think these are reason not to invest in a particular nation, as if they were then most of the world would be uninvestable.
I don't get the China point he is trying to make. And about surpressing history, I think Israel is doing a fine job in Gaza too by burying killed medical staff and acting like nothing has happened. Disgusting, I am sorry to say that