Max Value
Today, I'm going to show you how the simple strategy of buying the cheapest countries in the world and holding them for long periods of time can lead to enormous gains.
But first, why do I think such a simple strategy can beat the market by more than 10% annually when hundreds of money managers struggle to eke out even an extra percentage point each quarter?
It's because of the time frame.
Most money managers on Wall Street are trying to earn more than the market each quarter. Their jobs, by and large, depend on these quarterly returns. Their quarterly figures are widely published and reviewed by potential investors. Good quarterly figures mean more money for their funds.
Also, if a mutual fund's returns are significantly different from the market's return (even if it is above that return), then the fund's management and the amount of risk it is taking come under scrutiny. All of this leads to money managers who are like sheep, trying simply to match market returns most of the time.
Consequently, some very simple strategies can produce fantastic returns over the long run, if you are willing to endure short- to medium-term periods of volatility.
INFO EMAS
But first, why do I think such a simple strategy can beat the market by more than 10% annually when hundreds of money managers struggle to eke out even an extra percentage point each quarter?
It's because of the time frame.
Most money managers on Wall Street are trying to earn more than the market each quarter. Their jobs, by and large, depend on these quarterly returns. Their quarterly figures are widely published and reviewed by potential investors. Good quarterly figures mean more money for their funds.
Also, if a mutual fund's returns are significantly different from the market's return (even if it is above that return), then the fund's management and the amount of risk it is taking come under scrutiny. All of this leads to money managers who are like sheep, trying simply to match market returns most of the time.
Consequently, some very simple strategies can produce fantastic returns over the long run, if you are willing to endure short- to medium-term periods of volatility.
INFO EMAS
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