Can the Worst be the Best to Invest In?

By on December 11, 2009

Jacob Wolinsky speculates that the worst performing country ETFs could possibly be the most generous in producing future returns. Wolinsky mentions Russia, India, China, Italy and Brazil as some countries that experienced drops from the peak ranging from 68% to 82%.

SMA Comment: Although there is some validity to Wolinsky’s argument, it is probably too late to benefit from his observation. Russia has already increased 185% from the bottom, while Italy has managed a mere 97% rise. At the depths in March, initiating positions in a diversified mix of the lagging countries would have been very advantageous; probably not now though.


Return To Serenity – Testament

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>