Contrary to the popular narrative, oil isn't all that matters to the Saudi economy.
Shouldn't less efficient capital markets with greater information asymmetries offer more alpha opportunities?
We should lean toward investing in all of the world all of the time.
Were it a work of fiction, Bill Browder's story would stretch the bounds of credibility well beyond the breaking point.
“Most people tell me that long-run equity valuation data is meaningless," says Russell Napier. "I think they’re wrong.”
Visiting Hong Kong for the first time in two decades, Mark Harrison, CFA, sees evidence of breakneck economic transformation everywhere. But what happens when the music stops?
What were the leading stories from Enterprising Investor in January?
"We are in a land of pure imagination," when it comes to US equities, says Mark Yusko. “We have been on an escalator up and will be taking an elevator down.” Investors need to look to China and other emerging markets for returns.
Sameer S. Somal, CFA, and Sloane Ortel offer their insights on investing in India and why the country is poised for growth.
While best practices and ethical principles endure regardless of locality, they can be challenging to implement in underdeveloped markets where the operational framework may be quite different.