Money

Why I Think Emerging Markets May be the Next Biotech

Back in August 1997, I found myself on an old Russian military helicopter flying from Almaty, Kazakhstan, over Lake Issyk Kul, on the first ever investor trip to Kyrgyzstan.

It was at the height of the emerging markets boom. Brokers were flying London portfolio managers literally to the ends of the earth, showing us the latest and greatest opportunities on the investment frontier.

It was just as we landed back in Almaty that we had heard that Princess Diana had been killed in a Paris car crash.

As off-the-wall as that trip sounds, there will again come a time when emerging markets will attract the same manic attention of foreign investors.

And as always, fortunes will be both made and lost.

Read more about why emerging markets are the next hot ticket to stock market success at Eagle Daily Investor.

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