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Podcast: My Worst Investment Ever Podcast
Episode: Shawn O'Malley – Geopolitics Can Take Your Investment to Zero
Description: BIO: Shawn O’Malley is the chief editor and writer of the We Study Markets newsletter from The Investor’s Podcast Network, the world’s largest stock-investing podcast with over 110 million downloads.STORY: Shawn wanted to hedge inflation during the COVID pandemic, so he invested in the Russian ETF at the end of 2021. The ETF performed well, and Shawn was happy. Then rumors of Russia invading Ukraine started. The invasion happened in February, and the Russian ETF stopped trading, taking Shawn’s investment to zero.LEARNING: Understand how geopolitical events and domestic politics affect investments. You won’...