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If the prices are right, there's bound to be buyers. If you can get some of BP's stake in Rosneft for kopeks on the ruble, why not throw some cash at it?
by meepmorp 5y ago
If the prices are right, there's bound to be buyers. If you can get some of BP's stake in Rosneft for kopeks on the ruble, why not throw some cash at it?
- ianai 5y agoAh but are there buyers if the country has demonstrated not only instability but hostility to everyday business and property rights? I get that there very well may always be someone on the other side of a financial stake. But a country signaling they won’t respect property rights is a huge red flag that business will flee.
- 41b696ef1113 5y agoMeh. If I had to opportunity to purchase a Russian energy company for 0.1% of what it was valued a year ago, sure why not throw $100 at it? Still a large gamble, but plenty of eager buyers willing to throw some disposable income at the chance.
- nine_k 5y agoWould you invest into, say, Iranian oil industry, given a chance to do it very cheaply? I'm afraid that political / systemic risks are too high to invest more than a token amount.
- ukraineally 5y ago>If the prices are right, there's bound to be buyers. If you can get some of BP's stake in Rosneft for kopeks on the ruble, why not throw some cash at it? You get ownership in something that might not exist in the future? Your money, your risk. Feel free I guess. If you're expecting putin to be assassinated and the war to come to an end in a few days. Might make sense... but you're better putting all your investment in lottery ticket, it's lower risk.
- meepmorp 5y agoDon't get me wrong, I definitely wouldn't do it either, for money and ethical reasons. But lot of what we call investing is really just gambling.