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Lessons From An Investor’s Tragic Experience In Russia
By The Good Investors  •  May 4, 2022
Red Noticepublished in 2015, is one of the best books I’ve read recently. Written by investor and human rights activist, Bill Browder, it’s a riveting account of his experience investing in Russia from the early-1990s to the mid-2000s. Browder was galvanised into writing the book after one of his associates, tax-law expert Sergei Magnitsky, tragically died in November 2009 in a Russian jail. Magnitsky had been detained by Russian authorities for nearly a full-year without trial. In 1996, Browder, a US-born resident of the UK, started his investment firm, Hermitage Capital Management, to invest in the Russian stock market. He thought that bargains were plentiful among Russian stocks because the country had exited communism and embraced capitalism, somewhat chaotically, only a few years earlier. In the process of unlocking the bargains, Browder became renowned for shareholder-activism in Russia and for exposing corruption within the country’s political and business elite....
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By The Good Investors
We are Chong Ser Jing and Jeremy Chia, and we started The Good Investors in the aftermath of The Motley Fool Singapore’s closure in late 2019. We both have a passion for stock market investing and believe deeply in enriching society through our investing activities. One way we can do so is through investor-education. The Good Investors is our personal investing blog and will serve as a free platform for both of us to openly share our investing thoughts with you.
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