Emerging Market Opportunities

This episode is brought to you by:

CFA Institute. CFA Institute is the global association of investment professionals, whose mission is to lead the investment profession by promoting the highest standards of ethics, education, and professional excellence for the ultimate benefit of society. CFA Institute serves a global community of investment professionals working to build an investment industry where investor's interests come first, financial markets function at their best, and economies grow.

[00:02:26] – (First Question) – Most memorable travel experience since the beginning of Firebird

[00:05:41] – How Harvey got interested in emerging markets investing, specifically, Eastern Europe and Russia

[00:10:01] – How does the landscape for emerging markets today compare to when he first started

[00:12:29] – What are the factors of an emerging market to look at and why do some not pan out

[00:15:04] – Do countries have to meet minimum criteria before Harvey and his team will even start to do work on an emerging market

[00:17:32] – How does Harvey distinguish between frontier and emerging markets

[00:18:37] – Thoughts on the access points that regular investors have into emerging markets, such as ETF’s and Mutual Funds

[00:23:47] – How does Harvey think about risk exposure when constructing a portfolio

[00:25:56] – Looking at the bottom up part of the equation, what factors within a company or sector are considered as part of the investing decision

[00:31:05] – Dividends in emerging markets

[00:33:09] – How do US equities stack up as an investment against fixed income

[00:34:53] – The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel

[00:36:52] – How do US equities stack up as an investment against emerging markets

[00:39:38] – What type of investor allocate funds to emerging markets

[00:42:36] – The value of travel in understanding emerging markets

[00:47:02] – Biggest mistakes that emerging market investors make

[00:51:32] – What in today’s markets has the smell of opportunity

[00:52:36] – Harvey’s interest in Via

[00:53:42] – Interest in buying gold coins

[00:56:49] – If Harvey could only choose one country to visit, business or pleasure, where would he go

[00:57:51] – Kindest thing anyone has done for Harvey