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Karag87089_girtipo's avatar

You forgot to include Lenndy, which misled investors by showing better than reality performance. Giantus, Lenndy and First finance - same owner, but they are likely to have shifted all performing asset to Giantus and leaving all the shitty ones with First Finance.

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Kristaps Mors's avatar

Thank you for comment! Have no experience witb Lenndy myself, will have a look.

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pixoxi's avatar

Central Bank of Lithuania notified law enforcement in Lithuania and Latvia regarding Lenndy potential conflict of interest, information disclosure and potential misconduct between same owner's group companies:

https://www.vz.lt/rinkos/2021/01/21/investuojantiems-i-paskolas-per-lenndy-riziku-materializacija-lb-kreipesi-i-prokurorus

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Kristaps Mors's avatar

Thank you for comment!

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John's avatar

"high risk, low reward" . What would you call a High risk/high reward and low risk/high reward asset?

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Kristaps Mors's avatar

high risk/high reward = bitcoin, stocks. Low risk/high reward = reading books, developing new skills, you risk only with your time, or building a startup/consulting/side-business in free time, also requires only minimal funding and time, but can result in a potentially high reward.

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