Knowingwhat you know today - need your brains
So I am in NYC but come from a third world country with a population of 100m plus and one of the fastest growing countries in the world today albeit from a low base.
This country never had a capital market, until now. Then a new government came in and they are less than a year away from establishing a stock market.
The country never allowed foreign banks into the country and domestic banks are extremely inefficient. But that too is going to change as foreign banks are getting ready to come in due to a pro-market gov.
Despite the non-existence of capital market, there is already a very large amount of shares outstanding that cannot be traded in secondary markets until now so I already know that there will be lots of activities once the stock market becomes active.
There are very limited number of people who even understand the stock market or other securities
I feel like it is as being in NYC in the 70's. The government is going to take a lot of time to figure out what and how to regulate. So at the beginning it is going to be wild. If I was to quit everything here and go there, I have a feeling I can become very wealthy. Am I being unrealistic? Knowing what you know today, what would you do to take advantage of such a situation?
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