Profiting from Emerging Markets

Abstract

The emerging market story is certainly seductive. It is not just the investment banks of Wall Street that hear the siren’s song. Famous academics do as well. A good example is Professor Burton Malkiel, author of the legendary A Random Walk Down Wall Street, first published in 1972 and now in its 10th edition. He is Professor Emeritus of Economics at Princeton University and a leading proponent of the efficient market hypothesis, which since its publication has shaped much of the thinking about investments.