Bill Browder, MBA ’89, founder and CEO, talks about Hermitage Capital Management’s investments in Russia and the fall out from the widespread corruption that still pervades Russia’s economy. Recorded: Oct. 22, 2009 Global Management Program: www.gsb.stanford.edu Related Stories: www.gsb.stanford.edu A Russian Odyssey: www.gsb.stanford.edu

22 Responses to “Hermitage CEO Browder: Don’t Invest in Russia Today”

  1. izchicago Says:

    It is great. I am so happy to hear somebody who does understand the nature of russian “capitalism”.

  2. 1888junkteam Says:

    excellent work!

  3. babapoopoo Says:

    This looks like what the Fed did in the US before the gr8 depression … create a panic to monopolize the market. watch Anthony Sutton on youtube… capitalism is the same thing as communism.. 20 years ago the Soviets collapsed coz they spent 50% of their GDP on arms… today the US is doing the same thing. i wonder if the result will be the same..??. mmmm???

  4. KoolMastaZ Says:

    Absurd. All that Browder says is he invested when stupid people were in power and sold to him at cutthroat prices, and now smarter people aren’t letting him operate as usual. Not to divert the argument, but not so long ago Bernie Madoff seemed like a sound investment. Corruption differs in style, but the level is essentially the same (perhaps even worse in U.S., because 230 million isn’t quite 51 billion).

  5. MrPoliticon Says:

    Mergers and Acquisitions Russian style :-) Fascinating story.

  6. gribnik257 Says:

    One of the most amazing talks i have ever heard. Thank you very much. From moscow with love

  7. stanfordbusiness Says:

    You should use the “translate captions” feature within YouTube if you wish to view this with Russian subtitles. The option is under the arrow in the lower right corner of the player.

  8. alexzvz Says:

    Russians police is worse then criminals. They stole money from russia budget and killed killed Sergei Magnitsky because he was key wittness.

  9. TurboClearance Says:

    Great speaker. Nice stories. But this man is missing a point. You can do business in russia. It just takes much more than in other investment-attractive countries. Things are way more complicated in this country, but the profits are worth it. Try listening to more successful businessmen who work in Russia.

  10. Boomman37 Says:

    It is true

  11. KrwawyLeon Says:

    there is no propaganda here. that’s todays russia.

  12. anonru Says:

    @thousandkm you are stupid
    I’m living in Russia. This country drowned in corruption and theft.

    Browder is right. Never ever invest in our shitty country.

  13. chinox59 Says:

    Russia us a dangerous country, very corrupted
    don’t invest in this country if you want safe your money

  14. chinox59 Says:

    Russia us a dangerous country, very corrupted
    don’t invest in this country if you want safe your money

  15. daffidal Says:

    must see; good speaker

  16. thousandkm Says:

    american propaganda for ignorant americans. usa exceeded ussr in brain-washing and propaganda by miles.

  17. Kurtlane Says:

    Sergei Magnitsky died in jail because he was not allowed to see a doctor.

    Google and read article “Letters tell of Moscow prison ordeal” by Nataliya Vasilyeva

  18. globetrottinglady Says:

    To – alcibaides
    Get a better class of education in your next life you jerk, you have no idea what you’re talking about!

  19. alcibaides Says:

    All he was involved in is stealing from the people of Eastern Europe and Russia. And if his grandfather was head of the communist party in the US it was because he was a CIA agent. Like so many others.

  20. AntonBend Says:

    He is a genius. Unbelievable, that this man lost everything not because of his personal fault, but because of a state, which has never respected private ownership and law…

  21. voskan Says:

    Magnitsky died yesterday in Russian jail.

  22. newsgirlok Says:

    Browder’s speech is just brilliant!

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