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Reverse Ponzi Scheme
The Compound and Friends
M S C I, Emerging Markets. G F C, Low S and Pp.
M c i, emerging markets. G f c, low s and pp Six forty. E m, one 91. S c i, chinas, up one 91. But here's the problem: 14 years ago, e m te gat exposion tat tech was like 20 bips or something. So had to go out and you had no exposure to it. Classifying stocks by what country makes no sense when you consider that almost all f the out or under performance stems from sector industry.
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