A quantitative argument for using fundamental analysis for these companies.
My comment:
Can you trust the numbers derived from the financial reports of these largely corrupt nations? I think not. Consider an ETF if you want to dip your toe in these dangerous waters.
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2 comments:
By that statement you are making the assumption that the US is not corrupt.
The re-evaluation of bank balance sheets along with scandals of which Enron is only one of several, question that logic.
How are investors to feel confident anywhere when making money has become akin to worshipping God???
Geoff-- see my current blog post for August 21, 2008. Please let me know what you think.
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