The challenge of investing is to see things as they are. This has always been a challenge for Western investors in Russia, especially this summer.Investing is inevitably emotional. Perhaps the ideal investor would be Spock from Star Trek but behind the numbers of investment decisions are biases, feelings about managements and assumptions of shared values and hopes for the future. We are emotionally connected to our investments. "For where your treasure is, there will your heart be also" Jesus said in Mathew 6:21. This summer has been traumatic for investors in Russia who had believed ...
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