Northern Africa Unrest and Investment Opportunities?
A commonly quoted investment cliche is to “Buy when there is blood in the streets.”Â Though not meant so literally as to advocate violence as some sort of investment harbinger, its core value is quite sound:Â be a contrarian investor and buy when others are trying to get out.
If that saying is true, might now be the time to at least consider investing in Northern Africa?
Both Tunisia and Egypt, almost-neighbors (separated by Libya) have undergone and are still going through political unrest and violence.Â I don’t claim to know anything about either country’s markets, but from a quick search, here are just a few areas of interest:
Beachfront investments in Tunisia and Egypt:
A Tunisian investment website:
An Egyptian investment website:
Take a look!
For more information on this theory, go to: