Below is a link to something I wrote when my mother bought shares in Bank of Georgia a few years ago, because her broker told it was "risky". I had written a 40 page research note on it when it was a GDR, and failed to get much interest from professional fund managers and hedge funds interested. They thought it was too risky.
But my mother was interested, she is a big fan of Sir Fitzroy Maclean who had many connections with Georgia. I gave a copy of Wendell Steavenson's "Stories I Stole" so she knew what the country was like. Actually she wanted to take a much larger position, but I talked her out of it - much too my current embarrassment, because so far it has been a 3 bagger.
http://www.standard.co.uk/business/markets/comment-who-is-square-miles-best-investor-7924478.html
