The fool’s gold of emerging market valuations

Lawrence Hamtil is an investment advisor at Fortune Financial Advisors in Overland Park, KS. For many years now, the value investors at Grantham, Mayo, and van Otterloo (also known as GMO) have been bullish on emerging market equities. Jeremy Grantham, the firm’s chief investment strategist, famously suggested that a hypothetical fund manager for Joseph Stalin would stand his best chance of not being shot for poor results by investing substantial capital in EM.

https://finance.yahoo.com/m/71868379...html?.tsrc=rss