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430- Analyzing International
InvestED: The Rule #1 Investing Podcast
The Importance of Language in Investing
When I was practicing law, I was trying to figure out why we didn't have any Indian offices of our law firm. And it's because foreigners couldn't invest there. This may have changed, but they also made it almost impossible for non-Indian investors to invest in Indian companies. You know, if they're in Turkish Lira, man, you got to follow the relationship between the Turkish Lira and the dollar that you're using to invest with. It's a whole thing just to keep track of where you are if the currency isn't one of the big currencies like the Euro or the Yen or the dollar.
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