June 08, 2007
Fund Invests for a Post-Castro Future
So, exactly what types of industry, which companies, would be most likely to prosper in a post-Castro Cuba?
The Miami-based Herzfeld Caribbean Basin investment fund aims to predict just that. In a recent NPR segment, the fund's president explained the idea.
Essentially, a variety of industries - cruise lines, shipyards, bio-tech, Florida-based rail lines, and others - stand to benefit greatly when the Castro system "ceases to be." Theoretically, these industries will be pumping gobs of much-needed cash into the Cuban economy and Herzfeld aims to read the tea-leaves, so to speak. The fund uses two tests to gauge the value of a potential stock investment:
1) Is this stock a good investment even if no change occurs in Cuba?
2) Will this stock's value experience a marked increase in a post-Castro Cuba?
Have a look and judge for yourselves here.
Posted by at June 8, 2007 01:59 PM
Trackback Pings
TrackBack URL for this entry:
http://www.babalublog.com/cgi-bin/mt/hut.cgi/5354
Comments
I own stock in this company and it has performed well since last July but kind of flat as of late.
I will say that people seem to be holding the stock rather than selling. Just my sense after owning it and watching it for years.
Posted by: havanajournal ![[TypeKey Profile Page]](http://www.babalublog.com/nav-commenters.gif)
at June 8, 2007 04:12 PM
Funny you should say that. The fund's director pointed out during the NPR interview that - surprise, surprise - the fund's performance is directly tied to - among other things - the health of fidel castro. I would imagine that the mummy's appearance on Mesa Redonda caused stock prices to flatten out after what I assume would have been a period of increasing value during his months-long no-show.
-Anatasio Blanco
Posted by: CubaWatch at June 8, 2007 04:16 PM
Post a comment
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)
