RE:RE:RE:RE:RE:Excuse me while I take this momentWow! I was going to weigh-in on company risk again, in response to the "laughing" but it is clear that many CXB investors are already thinking about this. The "country risk" cannot be quantified but it likely weighs on SP. There may never be an event that massively reduces SP, or you might wake up to a big problem one day. A related problem is the human rights record of the Ortega gov, although I get it that some investors are going to get weary of moralistic arguements- it is hard enough to make money without being Mr Goddie-Goodie all the time.
I do find it gratuitous to mock the country risk problem when CXB has shown a SP rise on the back of such an extrodinary rise in POG. I guess that is a case of recency bias. It is informative to look at the 3 year SP chart. Holding CXB has not been such a great investment.
If someone can give Geezer the invermectin antidote, maybe we can hear what he thinks.