EWM and some quotes from the thread... From tipol we have: Malaysia: the government is insane--I can't believe what they're saying and have said and they may interfere too. Not touching it. and... I think buying the indexes is stupid when there are a lot of much cheaper stock out there
and from stitch... What constitutes the opportunity here? Or are you guys just Muy Macho? and... I think the blood letting is far from over in Asia
and from Joseph, something about being brainwashed... Message 5541882
Maybe you fellas are not trying as hard as you might to shoot down that idea. So, although this is the Asia thread, I'll give you another to have some fun with: I also bought some SOA today--South Africa Fund. Tell me all about how dismal the prospects are for Africa, about how the Rand will disintegrate, how gold will go to $50 an ounce. Bring it on boys, don't hold back this time!
To be perfectly honest, I cant really defend my purchases too well, other than, yes...EWM is simply way down from where it was. I've heard a few blurbs about how Japanese companies have pulled out of some of the other SE Asian countries...but how they're sticking it out in Malaysia. Maybe I saw the economist's silly survey about citizens optimisim, with Malaysians at the top, and remembered that I once made some change off EWM, and thought I might try it again.
As far as SOA, no defense tonight, just the fact that I bought some should be enough to get you started.
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