Anyone have an opinion on Russia investing? The oil majors pay 10%+ dividends and are growing. Considering they're actually paying shareholders, it doesn't seem like a scam.
Stuff like $SNGSP seems absurdly cheap.
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You live in Thailand. All countries like that periodically fuck the foreigners. In a given year there’s a 5-10 chance if that happening. Can he do that with an oil company or pipeline? Sure. He can also turn off oil to Europe whenever he gets in a fight 10% yield, 5-10% chance
Of it going to zero. Let’s say 5% chance I’d blow up with 10% yield (100-5%)^10 is your chance of recouping your investment = 59% plus you have the additional chance that stock rises in between now and then and you sell. With oil at these prices looks not bad but you need to
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Kelly criterion it so you don’t lose your shirt
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Yeah I'd bet like 5-10% max in a given non-US country.
End of conversation
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