13 Quotes by Bill Rocco
- Author Bill Rocco
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Single country emerging market funds are very volatile. Do you need a Korea fund? The answer is no. Nobody needs a Korea fund.
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- Author Bill Rocco
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Most people don't need an emerging market fund, I don't think. That doesn't mean many don't.
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I think Brazil is going to continue to go up and down. But I don't doubt over some extended time people can make money.
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We had to place at least third to win the title and we had our eyes on this for a while. They performed extremely well today.
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Those kinds of funds only work well for people who don't own a U.S. fund and who are keeping their portfolio simple.
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When something goes south in Brazil or Mexico, you're going to get crushed.
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To a certain extent, the China story is easy to absorb. It's the most populous country in the world; it's moving rapidly up the economic ladder; it's going from bikes to cars. But it's tricky because that doesn't get to the point that a fast-growing economy means your investment is going to do well.
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Tech is a big part of emerging markets coming back.
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It's part and parcel of the globalization of the world market.
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