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Non-Tech : The Brazil Board
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To: Spekulatius who wrote (294)5/27/2011 12:49:59 PM
From: Paul Senior  Read Replies (1) of 2504
 
Yes, and I've recently cut back my position in bank BBD. I've been in that one since '08, with subsequent adds. Great buying opportunity of course in early '09. My buys though in '10 have turned out to be disappointing for me.

I haven't looked at the big Brazil commodity stocks such as Vale.

My preference in Brazil now is to add to downtrodden housing/construction stocks. And I've been doing that with a small add to my very losing position in Gafisa.
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