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Ever heard the phrase "don't try to catch a falling knife"? We don't know how far this crisis will go. And we've only just started on the path of serious sancti
by coenhyde 5y ago
Ever heard the phrase "don't try to catch a falling knife"? We don't know how far this crisis will go. And we've only just started on the path of serious sanctions.
- s1artibartfast 5y agoSeems like the risk that Russia and Russian based companies won't exist 5 years from now is low
- kadoban 5y agoThe risk that it's illegal or impossible to get your money out is not as low.
- s1artibartfast 5y agoI guess that is the speculative aspect. I think the risk is extremely low that there will be sanctions on retail stock investment 5 years from now.
- wcoenen 5y agoThe risk of the companies disappearing may indeed be low. One historical fact does come to mind: the St. Petersburg stock exchange reopened in 1917 (after being closed for world war 1), then closed two months later because of the Russian Revolution. It did not reopen and shareholders of Russian stocks lost everything. I don't see something like that happening today. But what if Russia confiscates the shares of foreign shareholders?