RR #191 - Emerging Markets: Diversifying Asset or a Reverse Lottery?  @rationalreminder
RR #191 - Emerging Markets: Diversifying Asset or a Reverse Lottery?  @rationalreminder
The Rational Reminder Podcast | RR #191 - Emerging Markets: Diversifying Asset or a Reverse Lottery? @rationalreminder | Uploaded March 2022 | Updated October 2024, 2 hours ago.
There seem to be many differing opinions out there about investing in emerging markets, and unfortunately, many of these are inaccurate. This is mostly due to the fact that emerging markets and your involvement in them, perform in ways that are somewhat counterintuitive. In today's episode, we tackle this tricky subject from a number of angles and try to give all of our listeners a better understanding of the strengths and weaknesses of using emerging markets within your portfolio, without falling prey to some common traps. To kick off the episode we talk about some financial news and the interesting recent book Making Numbers Count, before diving into the main course of the show. Listeners can expect to come away with some new insight into the history of emerging markets theory, realistic emerging markets returns, the appropriate amount of caution to exercise when investing in them, and more. Towards the tail end of the show, we are joined by our friend Morgan Housel, author of the prominent new book, The Psychology of Money, and we briefly discuss reading habits and how implementing a few small practices for learning can have an extraordinary impact on ones' life. Don't miss out on this great show.

Timestamps:
0:00 Intro
8:29 Cameron's Recommendations
23:05 Emerging Markets
1:01:24 Discussion with Morgan Housel

Books From Today’s Episode:
The Psychology of Money — amzn.to/3npH7G6
Making Numbers Count: The Art and Science of Communicating Numbers — amzn.to/3H9wfWc

Links From Today’s Episode:
Rational Reminder on iTunes — itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582.
Rational Reminder Website — rationalreminder.ca
Shop Merch — shop.rationalreminder.ca
Join the Community — community.rationalreminder.ca
Follow us on Twitter — twitter.com/RationalRemind
Follow us on Instagram — @rationalreminder
Benjamin on Twitter — twitter.com/benjaminwfelix
Cameron on Twitter — twitter.com/CameronPassmore
Morgan Housel — collaborativefund.com/blog/authors/morgan
22 in 22 Reading Challenge — Join the Rational Reminder’s 22 in 22 reading challenge!
Ben’s Reading Code (22 in 22 Challenge): 7XWESMK
Cameron’s Reading Code (22 in 22 Challenge): N62IPTX
'Is Old Music Killing New Music?' — theatlantic.com/ideas/archive/2022/01/old-music-killing-new-music/621339
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RR #191 - Emerging Markets: Diversifying Asset or a Reverse Lottery? @rationalreminder

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