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Emerging Market Skeptic's avatar

Terry Smith had some trouble with his approach when investing in emerging markets though:

When Emerging Market Growth Stock Investing Fails: Fundsmith Emerging Equities Trust plc to Liquidate

"Terry Smith's ("the English Warren Buffett") mature growth stock investing style hit some snags when applied to emerging markets as he prepares to liquidate his Fundsmith Emerging Equities Trust plc."

https://emergingmarketskeptic.substack.com/p/fundsmith-emerging-market-growth-stock-investing

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Compounding Quality's avatar

Fair point. Personally I don't invest directly in Emerging Markets. I do indirectly though via worldwide companies like LVMH.

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Emerging Market Skeptic's avatar

Yea - that’s a good way… e.g. Unilever, P&G, etc who probably derive most of their revenues from EMs… Same with China - invest via Korean, Taiwanese, HK stocks with exposure

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