Myths of Financial Theory and Emerging Markets
Enterprising Investor
English - November 07, 2014 16:58 - 12 minutes - 8.79 MB - ★★★★ - 50 ratingsInvesting Business News Business News cfa business cfacharter cfainstitute cfalevel1 finance financial investing news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Trends in Asian Wealth Management
Next Episode: Must Understand Demographic Trends
In episode #249, Jerome Booth argues that 80% of financial theory is not fit for purpose and describes how investors in the developed world cannot afford to ignore emerging markets. Proper asset allocation requires a strategic view about macro-economic forces, like funds flows, and geopolitical factors rather than traditional optimization models.