
A resource economy in which property rights are contingent on political favour; the literature is largely about how assets were acquired in the 1990s and reallocated after 2000, which is what any investor needs to understand.
Russia's 1990s privatisation and the rise of the oligarchs, from Moscow.
Six men and the mechanics of how post-Soviet wealth was assembled.
An investor in Russia is expelled, his firms seized, and his lawyer Magnitsky dies.
“my favorite read of the year, Bill Browder's terrific Red Notice... I highly recommend the read” — Christopher Bloomstran
Source: Semper Augustus 2022 Letter to Clients, 'Books and Stuff', p. 73
Recommended by: Christopher Bloomstran, Mohnish Pabrai and 6 others
The KGB network's recapture of the commanding heights.
Boris Berezovsky and the businessmen who looted Russia after the Soviet collapse.
How the rent-extraction system is organised under Putin.