September 29, 2010
Kiev, Ukraine
In our regular conversations, we talk a lot about planting multiple flags to diversify sovereign risk. I’m convinced that governments are the greatest enemy to prosperity, and the way to protect ourselves is to diversify our assets and interests across multiple geographies so that no single government has control.
Ordinarily, we talk about jurisdictions like Panama or Hong Kong– great places to bank or structure a company. But there are literally infinite facets of our lives that can be diversified overseas, ranging from places for shopping to places for cheap medical care.
Every country has something to offer… and despite its almost nihilistic level of corruption and bureaucracy, Ukraine is no exception.
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2010-09-29
