Economics
Smart Money Has ‘Train Wreck’ at Top of BRIC League: Eric Kraus
This article is for subscribers only.
Time and again, we hear dire warnings about Russia and its place among the BRIC nations. That’s great news for investors.
Most of us aren’t smart enough to reliably outperform a rational, fully arbitraged market, so we avoid the crowded trades and seek to profit from mispricing by trading against misinformation, bias and sheer pigheadedness, none of which is in short supply when it comes to Russia.