By David Forest, editor, Strategic Investor
In many parts of the world, vendors sell things on the roadside. Pulling up at a red light, you can lean out your window to buy gum, phone chargers, even brooms.
But there was one item I’d never seen before, the first time I went to the Southeast Asian nation of Myanmar.
Government legislation.
Driving from the airport into downtown, we stopped at a red light. When I looked up, there was a young man outside holding up printed booklets.
Squinting, I could see the title: “Foreign Investment Law.” The enterprising fellow was selling copies of the newly enacted legislation.
It was probably a good gig…
Back then in 2010, investors were flooding into Myanmar. The place was seen as a gold mine. It had been closed off to the world for half a century. It boasted a large population and abundant resources.
