Joe, after watching your videos, I've come to realize that it's a good idea to gain my foreign/emerging markets exposure through American companies doing business in these countries.
There are a LOT of good indian companies which are solid investments. I understand not many foreign investers understand indian market yet. But few black marks does not represent the entire market. Investors are not flowing into india due to red tapes not because of scams!
The evidence we've presented suggests that it's not just a matter of people not having a sufficient understanding. The Indian government has a lot of work to do here.
Great video, insight into a whole new area. There are so many US-based easy winners in the US stock market, I don’t know why people look afield. I get it from the perspective of discovery and research, it’s fun stuff. But the US market has plenty to build a significant wealth from. All that said, I am a hypocrite as I’ve been in NuBank and StoneCo for a year 😂. Paying off but on my radar always
We discussed that here (ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-fb4qzL0CrvI.html). Each emerging market comes with its own set of risks, usually best understood by being a local or an expat with lots of local experience. We find that peering in through the lens of superficial bull thesis articles doesn't typically paint a true picture of what's happening.
Oh that's great to hear! You know this video proved to be (understandably) controversial based on some comments we received. Do you think it fairly portrays the risks involved for foreign investors looking at India?
Really happy you made this video. I have been considering India as my emerging market exposure. I found that the only compelling option was the Franklin FTSE ETF. I needed to hear some pessimism on the idea of investing in India, but I would have hoped to hear the biggest bull factor at least mentioned, the demographics.
Glad you enjoyed the video! The bull thesis is certainly compelling - demographics being a big part of that as you said. We figured people who were interested already understood the bull and were looking for reasons to not invest based on risk vs reward.
Thank you Joe for the tremendous work you're doing. I was wondering if you could shed some light on investing in Indonesia and Nigeria. I've been wracking my brains how to go about this topic since I've read prognosis about population growth in these two emerging markets
Thank you for the kind words! I spent several months in Indonesia speaking with tech startups. I recall a story about how their unique identifier (social security number equivalent) sometimes is duplicated up on up to five people. It's pretty hard to keep track of your population if they aren't labeled. And a huge population it is - 4th largest in world with 277 million. The iShares MSCI ETF has about $440 million in assets - low. We're looking at Grab as a possible play. Stay tuned for an article on that. Regarding Nigeria, may sound good on paper, but scary place to consider putting money. Vettifi shows one Nigera ETF with a whopping $11 million in AUM. Joe P.
@@Nanalyze thanks for the rapid response Joe. It's crazy how good you treat your audience. I'll keep that in mind and wait for further updates on emerging markets ;)
@@elchupacabra3055 Creating delight gets people to open their wallets and you need to do it consistently if you expect those wallets to stay open. ;) Joe P.
That's a good question to raise on our Discord server ;) To answer that we'd have to spend some time researching it. As the video said, it doesn't seem advisable to try and cherry pick stocks in India.
It has a lot of risks that aren't so obvious. Retail investors don't seem capable of analyzing these risks unless they're natives and well versed in the domain. An ETF is probably the best way forward for retail.
Consider making video about investing in Turkey stock market. There is not many videos teaching retail investors about how to invest the emerging countries.
Coincidentally, we've been having this discussion with someone about publishing our content in Turkish. (We're actually doing Mandarin first - it's tough.) As for investing in Turkey, there's not much interest. The iShares ETF only has $200 million in AUM and the country has a 0.09% weighting in MSCI ACWI. We will be doing more videos on global investing so stay tuned!
Harshad Mehta is a thing of past. India has the youngest working population and the current government is economic oriented and has been investing left right and centre in infra. The current decade belongs to India.
We don't give investment advice, but we do have an entire channel with 460 videos and a website with 2,400 research pieces that cover our thoughts on investing. ;)
Poor analysis. Next 5 years Indian markets are supposed to get more than doubled. You are not factoring in the Modi phenomenon. Scams are all gone since India has surpassed the socialist scams. Also, quoting a propagandist like Ashoka Mody is like quoting Stalin on the US history.
@@NanalyzeYou are absolutely right with what you have presented. I am an Indian and this above comment is from a Modi propagandist. Ignore them. Indian stocks are over valued and the Warren Buffett indicator tells the real picture.
