/ Why Do You Love Poland?
Some IPO's in Poland are no different to others in developed markets. If the company coming to market is or close to ex-growth, its not going to do well (Play). But you should be able to work this out. Some do, others don't. Doesn't have to come down to experience, but that can often help if you have a nose. There are a few good dividend plays with poss future growth bonuses on the WIG, but timing, as always, is the key to whether you end up under or outperforming.
Yes you can often place Poles at a certain point on the spectrum, but there are scammers everywhere, in every country. If you don't do due diligence, eventually someone will take you for a ride. That goes for any business you care to think of in any country in the world. Assumption is the mother of all f**k-ups. Expect the worst until you have proven otherwise. Don't assume, confirm. When purchasing property you should make the same demands as does a bank when approach by a person asking for finance. If the seller refuses, walk away. They usually come back with their tail between their legs. But if not, there are so many opportunities to go for. There is a reason why yields here are higher than in the developed West and you can't dispel all of the risk, but there is no reason to disadvantage yourself when investing here by not doing due diligence.
Problem is that people get hustled once and never go back to that person or company again
Cash in hand today is more important. Tomorrow is another day. That's the mindset. But again, its something entirely to be expected. Use this shortsightedness when dealing.