Contents
Chapter One: What are Emerging Markets?
Chapter Two: Top Reasons for Investing in Emerging Markets
A “Problem” of Too Many Choices
All Markets are Volatile Sometimes
Your Best Protection Is Diversification
Chapter Three: Discovering Frontier Markets
Why Invest in Frontier Markets?
Chapter Four: Getting Down to Business
Domestic Listings of Emerging Market Companies
Depositary Certificate Listings of Emerging Market Companies in Developed Stock Markets
Chapter Five: Is There a Right Way to Invest?
Value versus Growth Orientation
Bottom-Up versus Top-Down Investment Strategies
Chapter Six: Researching Emerging Markets
Chapter Seven: The Reality of Risk
Sit Tight, Don’t Worry, be Happy
Chapter Eight: Timing Market Factors
Understanding Foreign Exchange
The Upside of Political Uncertainty
Overcoming Your Fears and Moving On
Chapter Nine: It’s Called Volatility
Don’t Forget to Use What You Learn
Chapter Ten: The Importance of Being Contrary
Chapter Eleven: The Big Picture and the Small Picture
A Welcome Tidal Wave of Privatization
It’s Okay to Sell the Crown Jewels
Industry Characteristics aren’t the Be-All, End-All
Chapter Twelve: Pri·va·ti·za·tion
Chapter Thirteen: Boom to Bust
Chapter Fourteen: Don’t Get Emotional
Become a Fan of All the Information You Can Find
Chapter Fifteen: Turning Fear into an Advantage Instead of a Disadvantage
Playing Pin the Tail on the Bottom
Chapter Sixteen: The Crisis Bargain Bin
A Few Cardinal Rules about Timing
Chapter Seventeen: Overcoming Irrational Market Panic
First-Class Buying Opportunities
Chapter Eighteen: The World Belongs to Optimists