Mail Bag: Applying Value Investing to 3rd World Countries
I hesitate, strongly, about publishing this response. I’m not sure it is good for me to advocate what I would do in this situation as it might discourage people by making circumstances seem hopeless when hope is what is needed; it might even exacerbate the macroeconomic problem while solving the individual household challenge. Still, it’s the only honest answer I can give because this is what an analysis of the situation leads me to conclude.