In business, as in religion, do as I say, don’t say as I do. If a real business person in a discretionary environment does as they’re expected to do, if they are predictable with strategy and tactics according to rules no one else follows, it is their unhealthy competitors who choose when their journey ends.
It depends where you are and what you’re doing, or trying to do. If it’s non-profit in Africa, less spread out over long time-frames in an appropriate structure is more, if it’s emerging markets for profit, it’s not so much the amount as the cost of money that’s critical, in a longer term, structured and aims driven framework.
You’d think that everyone would end up working in what they’re best at, but that is the exception rather than the rule. If you knew your self, you’d know what you’re best at, but know yourself isn’t like knowing me knowing you. So start with self-discipline, patience, flexibility and hope, and see where that takes you.
It was always going to require exceptional circumstances for investors in developed economies to go beyond traditional short term investments in emerging markets, and those exceptional circumstances would have arrived in 2008 post subprime if developed economies hadn’t taken exceptional short term measures like quantitative easing to paper over the cracks and buy time. Using … More Push And Pull
You have decided to invest a small % of your portfolio in emerging markets in one way or another to reduce your exposure to developed economies, or take advantage of emerging market growth. You choose Turkey, and you decide to look to the longer term, in ten year time frames. What about currency? First of … More Planting A Currency Hedge
The Bosporus Boutique is a special type of conference that aims to help galvanize flagging growth and lagging investment by liberating the latent potential and talent of women in the Turkish emerging market. The Bosporus Boutique is the conference brand of Lale Speaker Buro, a speaker agency dedicated to the ideal of open market democracy, … More Bosporus Boutique 2018