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A comment on Saudi stocks slump as minister warns of ‘painful’ measures ahead. Parent comment

Re:Saudi stocks slump as minister warns of ‘painful’ measure... by dan-robertson on Monday May 04, 2020 @05:08AM (#23065904)
I think it would be silly to assume that their only incestments were in the vision fund. Those were surely expected to be high risk.

It wouldn’t even be that surprising for a sophisticated investor to have some funds which lose money while the market is booming (eg even the best performing short selling funds lose money) as they may be hedging against the market no longer booming.

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Re:Saudi stocks slump as minister warns of ‘painful’ measure... by birdyrooster on Monday May 04, 2020 @03:06PM (#23071975)
Ahh okay, I guess I would've expected to hear about the investments which are so successful that they are balancing out the VisionFund and negative oil margins. Let me know if you have any sources that show their foreign investments have been profitable enough to offset these losses.

To my ears they are actually in a very dangerous place in terms of runway for maintaining a civilization in the desert during catastrophic climate change.

Who would want to go there and do business with them? They are led by murderous despots with missiles pointed at them from multiple directions (Iran/Syria/Israel/Yemen). A country best known for financing the 9/11 attacks. Good grief.

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