Thursday, 25 September 2008

Potential investment opportunity in Myanmar

I've received a news letter from "DAILY WEALTH".
The military government's macro economic policy really look like swing door. If you push it in and get inside right away. Otherwise. it will hit you back with more risk.


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How to Make Millions Investing in a Hard-Line Military Dictatorship
By Tom Dyson

I opened the metal door and walked into the embassy. The interior looked like the waiting room of a small-town Greyhound bus station. It was shabby and hot. A plastic clock hung over the room, ticking loudly. The people sitting on the benches had a resigned look on their faces. It seemed like they'd all been sitting there a long time...
There was no queue at the ticket counter. I went up to one of the windows and pushed my nose between the metal bars. There was a man behind the counter in a worn brown uniform. He was taking care of paperwork...

"Excuse me," I said. "Is this window open?"

He grunted, irritated I'd interrupted him.

I'm in Thailand. Myanmar is the country just west of Thailand.

India Bombay Stock Exchange 30 Sensex Index

I wanted to visit Myanmar while I'm in the area. So on Monday, I went to the Myanmar embassy in Bangkok to ask about tourist visas.
Myanmar is run by a hard-line military junta. It's held power for 46 years. Inept leadership has made Myanmar one of the poorest countries on Earth. Last year, Myanmar made world headlines when military gunmen killed 31 anti-government protesters in a peaceful march organized by Buddhist monks. The government cut the national Internet connection so no one would find out. Then it organized a pro-government march and paid people to participate.

Earlier this year, a gargantuan hurricane struck Myanmar's southern tip, killing 150,000 people and eradicating all civilization there. The junta refused international help.

Here's the thing... Myanmar is also a wonderful investment opportunity. It has 2,000 miles of glorious tropical beaches. It's loaded with oil, gas, minerals, gemstones, and metals. The land is so fertile that Thailand – with a similar climate – is the world's largest exporter of rice. It's also in a fantastic location to trade with China and India. This is why I'm so keen to go to Myanmar.

Doug Casey introduced me to the idea of investing in Myanmar last year. Here's what he wrote about it in his newsletter:

"My first choice for high potential has been [Myanmar]. It's very cheap, very beautiful, lightly populated, and right next door to Thailand. The ruling generals, who make it a political pariah now, will be gone at some point.

But, in the meantime, a clever entrepreneur can make deals with them, because they all want to feather their nests. Property here will go up 10 or 20 times over the next generation. Want to make millions while having fun? Go to Rangoon"...

Then I met Jim Rogers in Singapore last month. He told me Myanmar is one of only four Asian countries investors should be looking at right now.
I can think of two ways to invest in Myanmar. First, you could go there and buy property. Set up a youth hostel on the beach or buy a hotel in Rangoon. The visa process is easy. You fill out two forms... pay $25... and leave your passport and a couple of passport pictures. The visa is done in two business days.

There are daily flights from Bangkok to Rangoon. The flight takes less than an hour. To give your investment the best chance of working, you'll have to live there to keep squatters off your land.

My second idea for investing in Myanmar is unusual, but you wouldn't have to live there to make it work. I got this idea from a mutual-fund manager I met yesterday. He loves Myanmar and thinks there's going to be a great investment boom there someday. So he sponsored two students from Myanmar to go to university in England. There's no education system in Myanmar, so these kids are almost guaranteed to be successful Myanmar businessmen in the future. "They'll be my business partners someday," he said.

Unfortunately, I won't make it to Myanmar this time. My itinerary won't allow it. But if you're looking to make a fortune, you've got an adventurous streak, and you don't mind cutting a deal with a corrupt general... you should consider visiting Myanmar and looking for business opportunities.

Good investing,
Tom

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Source: Daily Wealth; "How to Make Millions Investing in a Hard-Line Military Dictatorship ", September 24, 2008.

Friday, 19 September 2008

SEC list on NO-SHORT stocks

Due to the financial crisis in recent days, SEC release the list of the stocks which are not allow to Short. The partial socialism activity seem to be replace in US's financial market.

List of NO-SHORT

Friday, 12 September 2008

Warren Buffett


Warren Buffett interview program from CNBC is one of best in recent day. I admire WB and I'm trying to gather the valuable information about the financial and stock market. So far, I've very few info and it make sense in the consumer market.

THIS IS A LIVE BLOG ARCHIVE OF WARREN BUFFETT'S APPEARANCES ON CNBC'S SQUAWK BOX