My #1 Pick in the World’s Most Hated Stock Market

Russia is the market that investors love to hate. George Soros lost over $1 billion investing in Russia after the Russian government defaulted on its bonds in 1998. When asked about Russia, Charlie Munger, Warren Buffett’s partner at Berkshire Hathaway (BRK-B), harrumphed: “We don’t invest in kleptocracies.” One investor famously declared after the market’s meltdown … Continue reading My #1 Pick in the World’s Most Hated Stock Market

Russia is the market that investors love to hate. With Russian President Vladimir Putin annexing Crimea at his whim — and lining tens of thousands of troops along Ukraine’s border as a thinly veiled threat for a future invasion of Ukraine — chances are you feel the same way.