Interesting! If you don't mind me asking, what is your thought process for investing in foreign companies (assuming you don't live in Africa)? Besides the S&P 500, I have always felt a little uncomfortable investing in any company that's not within a 60 (-ish) minute drive. I feel too divorced from reality and the physical process of buying and selling goods when they're far away.
I guess first off does that 60 minute drive mean driving to their headquarters or just a storefront?
But if you mean any kind of presence/impact than even companies quite far away can be found. You can find products made by companies across the globe literally in the device you are using right now. In my opinion that means a lot more than having a storefront by chance near by.
It's run by CPAs, not PGeos.. something to note. Very generally speaking, having a company run by technical professionals is better than having a company run by financial professionals.
I've heard this a lot recently in regard to Intel's latest CEO coming from an engineering background. I can intuit it, but is there something to back up this claim?
I think a tech leader will have an easier time getting the money and business strategy advice (and taking it) better than a business type will be getting tech advice and using it well.
Business types don’t know what tech pieces to value and have a tendency to squeeze the resources out of the wrong places. It can work for some businesses better than others.
https://royalheliumltd.com/projects/saskatchewan-helium-play...