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After going down to London again to give money to my stockbroker, I realise that I own more than one sixth (but less than one fifth) of one millionth of one percent of Walmart (Mexico).
[my Spanish is very poor, but http://www.walmartmexico.com.mx/walmex.html?id=72.55321523623722 and clicking on "la accion WALMEX" claims there are 4370M shares, worth $38.92 each, for a total capitalisation of $170bn = £90bn. What I have is 2200 shares in http://www.trustnet.com/it/funds/?fund=176, which is claimed to be 4.1% invested in WALMEX, and the cascade of divisions gives the astronomically tiny quantity above]
I was more interested to discover that the Spanish for "investor relations" is Relaciones con Inversionistas; so, as per the subject line, I am an inversionista. What cooler title could there be?
Update: looking more closely, it appears that the symbol used for the Mexican peso is, to avoid any risk of clarity, $. So the capitalisation is 170bn pesos = £8 billion, and my holding rises proportionately to just over two millionths of one percent.
Rich now.
[my Spanish is very poor, but http://www.walmartmexico.com.mx/walmex.html?id=72.55321523623722 and clicking on "la accion WALMEX" claims there are 4370M shares, worth $38.92 each, for a total capitalisation of $170bn = £90bn. What I have is 2200 shares in http://www.trustnet.com/it/funds/?fund=176, which is claimed to be 4.1% invested in WALMEX, and the cascade of divisions gives the astronomically tiny quantity above]
I was more interested to discover that the Spanish for "investor relations" is Relaciones con Inversionistas; so, as per the subject line, I am an inversionista. What cooler title could there be?
Update: looking more closely, it appears that the symbol used for the Mexican peso is, to avoid any risk of clarity, $. So the capitalisation is 170bn pesos = £8 billion, and my holding rises proportionately to just over two millionths of one percent.
Rich now.
