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I've viewed the results of a study which indicated stock markets in more democratic countries produced higher long-term returns. Although I didn't delve into the details of this study, it seems logical there would be considerable divergence between the least / most democratic nations. FRDM has existed for only 5 years but it has trounced EEM during this short time period. I believe much of the fund's performance can be attributed to excluding China. Link
Smart, convincing. She knows what she's talking about. She's tuned into what capitalism is all about: self-interest and greed. Words we never use. But making money while operating under an autocratic regime is always going to be hobbled by the political realities.
How about an article I saw on Seeking Alpha about Chinese AI being trained on the writings of President Xi?!! Yikes (sorry….seems sequitur to the above topic)
EDIT TO ADD: No other reactions? Perth Tolle sounds quite savvy to me. The fund is performing well, though she's not listed as a Manager. She's running the company itself, I suppose?
Since taking over T. Rowe Price’s Global Technology Fund Dom Rizzo has outperformed his competitors and market benchmarks. He explains why AI was and will be a major emphasis.
Comments
produced higher long-term returns. Although I didn't delve into the details of this study,
it seems logical there would be considerable divergence between the least / most democratic nations.
FRDM has existed for only 5 years but it has trounced EEM during this short time period.
I believe much of the fund's performance can be attributed to excluding China.
Link
EDIT TO ADD: No other reactions? Perth Tolle sounds quite savvy to me. The fund is performing well, though she's not listed as a Manager. She's running the company itself, I suppose?
https://digital.fidelity.com/prgw/digital/research/quote/dashboard/composition?symbol=FRDM
P.S. Warren Buffet sold his entire TSM stake in late 2023 even though he held that in less than several months.
https://wealthtrack.com/warren-buffetts-investment-evolution-whats-changed-what-hasnt-over-five-decades/