Great interview. All of what he said is so true. Crony capitalism, which every country has. Liquidity issues. Great stories but small purchases/sales drive price volatility. I have bought companies on reports and recommendations from advisors (Agora) or other sources. All looked good until I received the quarterly report and looked at the management team. Rolling stock options usually 10% of outstanding shares. Now RSUs & PSUs. Signing bonuses. All of this creates dilution to the ordinary share holders. Change of control rights for company executives to stop these grifters from being evicted or raising their bonus payouts for agreeing. Directors earning exorbitant fees when the company isn’t profitable. Last but not least an executive being paid as a consultant. When I discover these things I exit. Activist investors should go after the boards who are supposed to be looking after minority investors by ensuring that the executive & board aren’t in collusion for their own enrichment.
Great interview. One of the biggest economies and part of the BRICS.
Foreigners are limited to ETFs (IFN INDA) or ADRs - no direct access to Indian stock market, banks, or even hold rupees. (except in Wise Payments or Everbank CD)
Difficult for Brazil and South Africa too. Russia is blocked. still have delisted Gazprom shares.
Tom is there now, perhaps he could do boots on the ground reporting and investment opportunities.
Great interview. All of what he said is so true. Crony capitalism, which every country has. Liquidity issues. Great stories but small purchases/sales drive price volatility. I have bought companies on reports and recommendations from advisors (Agora) or other sources. All looked good until I received the quarterly report and looked at the management team. Rolling stock options usually 10% of outstanding shares. Now RSUs & PSUs. Signing bonuses. All of this creates dilution to the ordinary share holders. Change of control rights for company executives to stop these grifters from being evicted or raising their bonus payouts for agreeing. Directors earning exorbitant fees when the company isn’t profitable. Last but not least an executive being paid as a consultant. When I discover these things I exit. Activist investors should go after the boards who are supposed to be looking after minority investors by ensuring that the executive & board aren’t in collusion for their own enrichment.
Great interview. One of the biggest economies and part of the BRICS.
Foreigners are limited to ETFs or ADRs - no direct access to Indian stock market, banks, or even hold rupees. (except in Wise Payments or Everbank CD)
Difficult for Brazil and South Africa too. Russia is blocked. still have delisted Gazprom shares.
Tom is there now, perhaps he could do boots on the ground reporting and investment opportunities.
How much of his net worth is in the fund he runs?
Great interview. One of the biggest economies and part of the BRICS.
Foreigners are limited to ETFs (IFN INDA) or ADRs - no direct access to Indian stock market, banks, or even hold rupees. (except in Wise Payments or Everbank CD)
Difficult for Brazil and South Africa too. Russia is blocked. still have delisted Gazprom shares.
Tom is there now, perhaps he could do boots on the ground reporting and investment opportunities.
Terrific discussion.
The points about not being able to get out at the expected redemption price is exactly the situation with Tom’s stop outs and profit takes
Very interesting and informative interview Dan, thanks for presenting it!
The way they are taking over the USA in all leadership and tech areas we will become their colony someday.