Mongol Meat Bond….

Posting this only for the levity and “hmmmm, that’s interesting factor”…

from Sainbayar sain@bdsec.mn
to xxxxxxxxxxxxxxxxxxxxxxxxx
date Fri, Sep 2, 2011 at 8:34 AM
subject: Mongol Meat Bond
mailed-by: bdsec.mn

We received this email from our brokerage(BDSec) in Mongolia, of which we have a very small amount of our portfolio allocated. They send some interesting e-mails and we about fell off our chairs laughing at the subject line of this one(Mongol Meat Bond). You can’t help but laugh picturing Goldman Sachs doing some of the things these guys do. To be honest they are very nice but certainly a developing company in a very small economy. The Mongolia investment thesis is compelling though…We obviously thought enough of it to allocate some money there.

There’s no sense in reinventing the wheel so if you’d like to read up on Mongolia and ways to invest you can visit http://www.adventuresincapitalism.com which is run by Harris Kupperman, who runs a fund called Praetorian Capital. He’s a smart guy and has been immersing himself in the topic at hand for a while now. Cheers.

And the full presentation for the bond offering(which is not an everyday thing in Mongolia) is below…it’s a quick powerpoint with some interesting Mongolian info, such as “Corporate Bond income is tax free for individual investors”

Mongol Meat bond offering

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One Response to Mongol Meat Bond….

  1. Pingback: Yurts and Yaks… « 1689 Capital

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