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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. 

Source: WSJ

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