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Contrarian investing in ...North Korea!?

Posted: Sun Mar 01, 2015 11:33 am
by Mike59
Jim Rogers never ceases to shock me (first russian equities, now this!), maybe Dennis Rodman is on to something? 

Jim Rogers Wants To Put All His Money Into This Country. Is It The Next China?
http://www.forbes.com/sites/gordonchang ... next-china

for the audio/video inclined:
Jim Rogers: A Bull Market in North Korea is Coming
https://www.youtube.com/watch?v=mXHgwa-Kzlo

Re: Contrarian investing in ...North Korea!?

Posted: Sun Mar 01, 2015 1:20 pm
by Pointedstick
Mike59 wrote: Jim Rogers never ceases to shock me (first russian equities, now this!), maybe Dennis Rodman is on to something? 

Jim Rogers Wants To Put All His Money Into This Country. Is It The Next China?
http://www.forbes.com/sites/gordonchang ... next-china

for the audio/video inclined:
Jim Rogers: A Bull Market in North Korea is Coming
https://www.youtube.com/watch?v=mXHgwa-Kzlo
No really, a bull market.

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Re: Contrarian investing in ...North Korea!?

Posted: Sun Mar 01, 2015 3:31 pm
by Mark Leavy
This falls squarely into the "money you can afford to lose" category.

If you have some throw away money that you want to roll the dice with, go for it.

North Korea is a seriously corrupt country. If they decide that you lose, then, you lose.

Re: Contrarian investing in ...North Korea!?

Posted: Sun Mar 01, 2015 6:06 pm
by MachineGhost
Mike59 wrote: Jim Rogers never ceases to shock me (first russian equities, now this!), maybe Dennis Rodman is on to something? 
Great timing, i.e. Russia. ::)  The guy is so rich it's all just shits and giggle money to him.  That being said, I wouldn't mind getting my hands on some DRNK stamps and gold coins either. ;)