Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is this core idea behind the initial diversification and subsequent selling of non-core assets?

0
Posted

What is this core idea behind the initial diversification and subsequent selling of non-core assets?

0

You have to understand that after 70 years of the Soviet era, suddenly within 2 years everything changed. We had the level of development of a modern country, but the age-old rules could be compared to the Wild West in the United States. It means that there were a lot of possibilities, a lot of ways to gain money, but also several dangers. First, there was a high level of crime. The first target was therefore to avoid contacts with the criminal sphere, which not only me but practically all the big names in the Russian economy managed to do. It was not easy. It meant that the choice of how and where to gain money was not as vast as it could have been, but still very far removed from all criminal contacts. There were people who started with very easy businesses, with cash money, but they had problems afterwards. Then they did not know how to invest, and then almost all of them lost their money. And then there were the criminal contacts, which was bad not only for business but certainly a

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.