A key driver of the equity risk premium is compensation for the possibility that a company can go bankrupt and shareholders can lose all their money. But there are a few stocks out there that allow investors to own stakes in companies that cannot go bankrupt. Ever. What a great investment they would be.
And yet, my experience with trying to deal with sovereign entities is that if they feel the need, they will screw you over, big time. They play by their own rules, which may include expropriating foreign investors.
My personal, alternative approach: no company ever went bankrupt that had a positive-trending chart. Yes, this includes Enron.
Note: the National Bank of Greece (NBG) despite it's name is not a central bank, that's the Bank of Greece
Excellent idea!
And yet, my experience with trying to deal with sovereign entities is that if they feel the need, they will screw you over, big time. They play by their own rules, which may include expropriating foreign investors.
My personal, alternative approach: no company ever went bankrupt that had a positive-trending chart. Yes, this includes Enron.