Robust earnings growth coupled with low-priced securities point to emerging markets as the most exciting investment opportunity around, as we head into the 21st century. In Global Bargain Hunting, bestselling financial writer Burton Malkiel and New York University Economics Professor Jianping Mei provide ordinary investors with the information they need to profit from the explosive economic growth expected for developing countries in the coming years.
With the trademark wit that marked Malkiel's enormously popular A Random Walk Down Wall Street (over 700,000 copies sold), the authors describe life on the wild side of the financial frontier, where investors must learn to live in a sometimes lawless world. From the safest and simplest to the most daring and complex techniques, they show readers how to purchase a portfolio of emerging market securities at discounts from going market prices, and how to realize returns that can exceed those achieved by professional money managers.