Quote: (10-30-2017 04:07 AM)Australia Sucks Wrote:
TailGunner that is a typical example of the sort of stuff that happens in emerging markets. No liquidity in that airport stock. It would take years just to buy $10,000 worth of shares.
Why are you asserting not only the obvious (based on a reading of the article), but also what I myself said about liquidity? "In this case, a lack of liquidity may be an issue if you ever need to sell the stock quickly, but it is certainly a good option for a long-term speculative play."
Obviously, this opportunity is long-gone. Otherwise, the author would never have written about it (but passed it along to family and friends). I provided this as merely one example of the high-yield opportunities that you can find in emerging or frontier markets using boots-on-the-ground.
You seem absolutely fixated on dissuading anyone from thinking creatively. Just because someone begins to think outside-the-box does not mean that they will immediately take action. It is just the beginning of the journey. So, why are you so hell-bent on dissuading people from taking even the first step of trying to think creatively, which might lead down what could be a long and financially lucrative road?
You suffer from serious crab mentality syndrome. Individually, crabs in a pot could easily escape, but instead they grab at each other in a useless "king of the hill" competition which prevents any of them from escaping (e.g., by analogy, from a boring existence as a wage slave) and, instead, ensures their collective demise. The analogy in human behavior is that members of a group will attempt to "pull down" (negate or diminish the importance of) any member who might achieve success beyond the others. You may wish to re-think how you can best contribute to this forum by offering creative and constructive advise, instead of constantly promoting negativity.