Russian stocks crashed after Vladimir Putin waged war on Ukraine. That’s when David Amaryan started buying.
Investors were dumping anything Russian, and the hedge-fund manager was happy to take the other side of the trade. He snapped up shares of energy giants Rosneft, Lukoil and Gazprom. He bought banks — including Russia’s largest lender, Sberbank — and some local retailers and mining companies.
When...
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