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Are You Crazy to Invest in Russia?

“Are you crazy…?”

That was the reaction I got from a London investor I spoke with at a recent summer drinks party.

I had made the mistake of revealing that I thought it was a good time to start looking at investing in the Russian stock market.

His reaction was understandable.

After all, everyone knows that Russia — both politically and economically — is going to hell in a hand basket.

And with new U.S. and European Union sanctions inevitable after last week’s tragic downing of a Malaysian airliner over Ukraine, only a fool and a knave would risk his read more…