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Podcast: My Worst Investment Ever Podcast
Episode: Anthony Milewski – Do You Understand the Country Risk?
Description: BIO: Anthony Milewski is an investing veteran and Chairman of Nickel 28 – a battery metals-focused investment company focusing on metal streaming and royalty agreements.STORY: Anthony and a friend partnered to drill oil in Indonesia. They pooled $10 million and hit the ground running. After facing one disaster after another, the partners gave up on the venture, having spent all the money, and not a single well was dug.LEARNING: Understand the context of the foreign country you’re investing in—research both the expected return and expected risk. “Why are you investing? Do you need...