The Russian equity fund was a diversified portfolio of value stocks. Chances of survival is certainly on the high side. What worried me is whether the Russians will retaliate against the West by confiscating foreign fund holdings. All other investment considerations are irrelevant if property rights are not respected.
It is obvious what he is selling. Bitcoin. You just have to read the last paragraph to understand that it is a sales pitch for Bitcoin. One of many. They need these sales pitches as an attempt to stop the drown trend where their coin is at. That's why they posted the same thread on a hardware forum, full of IT guys, the biggest suckers for Bitcoin. They need suckers, they are running out of people to scam. They main reason most of the other users replied to the post is because they didn't read until the end. They do now that, people don't read the whole post, so they replied to the first section. Now go ahead and read it entirely and you will see the sales pitch right there.
Another technique they use is to reply instantly to anyone that is spotting them, a few times if possible. So they can move the thread away from the issue. The main reason is because people don't read (again) the whole post, they reply to the last comment normally. These guys are simple marketeers, very basic ones by the way.
Also links to his blog, probably affiliates in there, subscriptions etc. An article for financially illiterate folk. My friend whos making more by selling computer hardware, than having his own dentist clinic, is a perfect client target audience. Decent risk managment, no idea about the finance tho. Some dumb choices in the past. Got to un-block the OP, forum rules does not allow ,,to talk behind the back". The reasoning behind me writing this * in the first place : stalking upon newbs, especially without sponsorhip, shouldn't be tolerated. P.s But that's the whole nature of this bis.
https://www.theguardian.com/world/2...e-assets-of-western-companies-exiting-country Vladimir Putin prepares economic retaliation for western sanctions, including laws to impound $10bn of leased airline jets Russia has drawn up plans to seize the assets of western companies leaving the country as the Kremlin pushes back against sweeping sanctions and the exodus of international businesses since its invasion of Ukraine. Announcing the move after a string of global firms said they would suspend operations in Russia this week, including McDonald’s, Coca-Cola and Pepsi, the country’s economic ministry said it could take temporary control of departing businesses where foreign ownership exceeds 25%. Reinhart said the impact for the global financial system had been limited so far, although she warned that risks could emerge in Europe. Around half of Russia’s international bonds are held by foreign investors. Foreign banks have exposure of more than $121bn in Russia, much of that concentrated among European lenders, according to data from the Bank of International Settlements.
That is a fart in the wind to be bailed out, given today's printing amounts. Besides, almost as much cash as Warren has. Maybe BAC story will repeat itself.
Hopefully, the funds are frozen but not confiscated. At the moment, western powers have frozen Russian assets, not confiscate them. I do not expect Russia to escalate the situation.