Wednesday, March 30, 2011

Not All Emerging Markets Are Equal

While emerging markets actually provided a safe haven during the equity market's most recent sell off, not all emerging markets have been performing equally.  While the BRIC countries have become synonymous with emerging markets, most of the BRICs have been lagging.  In US Dollar adjusted returns, the only BRIC that has outperformed the United States over the last year is Russia, which has rallied more than 28%.

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Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.