CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: One trillion dollars may be the cost to Russian investors of Vladimir Putin's rule Sun Jul 27, 2014 2:57 am | |
| It is the equivalent of about $7,000 for every Russian citizen.
The calculation stems from the fact that investors regard Russian assets with suspicion.
As a result, Russian stocks trade on a huge discount to much of the rest of the world, with an average price-earnings ratio (p/e) of just 5.2. At present, the Russian market has a total value of $735 billion. If it traded on the same p/e as the average emerging market (12.5), it would be worth around $1.77 trillion.
http://www.businessinsider.com/bad-governments-cost-investors-a-fortune-2014-7?IR=T _________________ Anarcho-Capitalist, AnCaps Forum, Ancapolis, OZschwitz Contraband “The state calls its own violence law, but that of the individual, crime.”-- Max Stirner "Remember: Evil exists because good men don't kill the government officials committing it." -- Kurt Hofmann |
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