🇧🇷 It turns out @IAmMarkManson was mostly right about Brazil Over the last 2 years my Brazil ETF lost 16%, so I sold it I also visited Brazil many more times (most recent just a few weeks ago) and while I still love it a lot, I think the problems are just a lot deeper than I thought on my... See more

Petrobras, the state-controlled oil company that back in 2010 was supposed to be Brazil’s ticket to the promised land of prosperity. Rather than helping the nation attain a trouble-free and resource-rich future, the mismanagement of the newly discovered resources contributed to the country’s growing problems. PT governments were so emboldened by

... See more