From 77b43102b89a32f0c6899f20074dd1fa45f04b37 Mon Sep 17 00:00:00 2001
From: nic <ra@afu.re>
Date: Fri, 25 Oct 2024 20:14:09 -0400
Subject: Auto from nzxt - Fri 25 Oct 2024 08:14:09 PM EDT

---
 Finance/Research/index.md | 19 +++++++++++++++++++
 1 file changed, 19 insertions(+)

(limited to 'Finance/Research/index.md')

diff --git a/Finance/Research/index.md b/Finance/Research/index.md
index ecb49ab..4048794 100644
--- a/Finance/Research/index.md
+++ b/Finance/Research/index.md
@@ -45,3 +45,22 @@ a recession is a process that starts way before it’s officially dated and neve
 
 
 Strat: Buy just before close on friday and sell monday morning gap up
+
+# Emerging markets
+Big 4 are BRICS = BRASIL, RUSSIA, INDIA, CHINA
+Characterics of emerging markets compared to Develloped markets
+- less liquid
+- less volume
+- Higher Political risk
+- Opaque regulation
+- Lower P/E at the index lvl
+- Investor Crowding into stock with growth
+- low free float
+- more pro cyclical
+- high and uncertain correlation to fx exchange rate
+
+What not to do in EM
+- Think you are a EM investor
+- Have pair trade accross Developed market and EM
+- Believe you have political insight
+- Be surprised if the unexpected happens and nobody cares
-- 
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