Venezuela's economic freefall has led to chaos on the streets, and that's exactly what the nations' bond investors should be looking for, according to two particularly brave investors.
Since the demise of Hugo Chavez in 2013, the Andean nation has been a slow-motion train wreck amid political unrest, widespread shortages of food and other essentials, plus civil strife. Although analysts suspect Venezuela is nearing what could become a chaotic endgame, a handful of investors suggest the country's assets are worth buying.
"When the politics have totally overwhelmed all the normal economic and financial variables that most investor look for, that's where we try to get in," said Greylock Capital CEO Hans Humes, in a recent interview with CNBC's "Power Lunch."
Humes owns Venezuelan debt, but any concerns he has about a default are outweighed by the potential for the country's future.
"When we look at these protests … what I'm thinking about is not necessarily whether they'll make a new coupon payment or the next principal payment, but what this means for the longer term political trajectory within the country," he said.