RE:RE:RE:What can go wrong?
bxju.........here are some thoughts............While China swoons and all the lemmings hit the sell buttons because "all markets are, ahem, correlated" it's nice to own something that has no exposure to China, no exposure to the oil price, no exposure to U.S. gas prices, and is creating real value. The movements in the turkish lira are of minor impact to VLE, maybe a 5-10% impact in an extreme situation, but generally the Lira and CAD more or less track each other and the Turkish BOTAS price is set in Lira. Hard to know what the idiots out there will do "because China is down", but the important part is that from a fundamental perspective, it's all noise. Should be an interesting day out there as the day trading fools and computers trip over themselves trying to figure out what they should do minute-by-minute. Lots of sleepy money in the FANG stocks (FB, AMZN, NFLX, GOOG) that's had too easy a ride for too long. Let them take their lumps and do some REAL work like us small cap hunters!