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DewDiligence

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DewDiligence

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Re: wow_happens28 post# 2887

Saturday, 06/18/2011 11:20:15 PM

Saturday, June 18, 2011 11:20:15 PM

Post# of 30493
Despite all the posting I do about Brazil, I own only one stock based there: VALE. I do not find the investment case for PBR compelling for the reasons cited in #msg-51214642, and I don’t currently follow other Brazilian companies closely enough to take a large position.

I used to own Embratel but I sold when it ran into “guilt by association” due to its affiliation with Worldcom. (That seems like half a lifetime ago!)

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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