Cautionary tale: How to avoid a Rip Van Winkle investment scenario

We have recently seen some major political, economic and social changes taking place across the globe, particularly in emerging markets. While, at first glance, these potentially historic shifts may seem disconcerting for investors, closer analysis suggests there could be some significant opportunities ahead. The cost of turning a blind eye to reality is the moral of the story of Rip Van Winkle, written by Washington Irving in 1819. Van Winkle, who is tired of his wife’s nagging and wishes to get away from it all, one day walks into the Catskill mountains, drinks some moonshine and fa...