Quote Originally Posted by Aotea View Post
Nomis, sovereign risk is merely one of many assessment matters in buying into a company. As I said I rate Alkem which has a large project in the South Americas coming on, so that presents a geopolitical risk too.
I did hold Peak (PEK) and sold out simply because they were in Africa and a little uncertain in terms of the political space. That may have been a mistake but my equity is somewhere else I am comfortable with.
For most investors, they buy into a company with no knowledge of the management or their history, and that is just as high as a risk consideration.
So, no AVZ wouldnt pass the sovereign risk test, but that does not mean it shouldnt be a profitable or good company to invest in.
Thanks for replying, I've been in since 2017 as I was personally comfortable with the risk and it still suits my risk profile. I Like your strategy and appreciate you letting me pick your brains.
- Nomis