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The full episode is only available to paid subscribers of The ACID Capitalist

The Wealth Deficit from Well Formed Arguments

The emerging market fallacy is one of the most annoying and uncontested equity money pits.

Investing in EM stocks has been a disaster for way too long and no one in the media has the sense to challenge the suit peddlers and their nonsense. It goes unchallenged because it seems logical. These countries will grow faster than say Europe. Therefore, obviously profit growth will be stronger and equities will out perform. Wrong ! Numerous reasons t…

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