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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: put2rich who wrote (42802)	1/9/1999 9:16:00 AM
From: Tommaso	Respond to of 132070

RE: "Tommaso, any good similar funds to buy like Russia, Thailand, Indonesia...I am not familiar. TIA" If I knew, or thought I knew, I would be buying them. It did occur to me lately that these ultra-low oil prices are very good for all the Asian economies. I bought the Korea fund because John Templeton was buying it. The funds that bear his name, however, are not managed by him--he himself was buying the Matthews fund. On the whole, I am not well informed and tend to make decisions on the basis of feelings irrelevant to the investment opportunity. For example, after the Bhopal disaster I sold Union Carbide because I was horrified at what had happened. Templeton was buying it, and it doubled or tripled. Right now the only thing that seems very clear to me is that we have a historical example in the making of a disaster in the United States financial markets, espcially the bubble in Internet stocks, to which there is nothing to compare excapt the later stages of those too-much-discussed tulips and the plethora of enterprises towards the end of the South Sea bubble. I suggest that you buy a copy of "Global Bargain Hunting" by J. P. Mei and Burton Malkiel, for analysis of emerging markets. I just took my own copy down off the shelf and think I will settle down and read it again. It came out about a year ago, maybe a little prematurely.