[lbo-talk] Profiting from emerging markets

James Heartfield Heartfield at blueyonder.co.uk
Sat Jan 12 16:21:22 PST 2008



> From: Joanna <123hop at comcast.net>
> Subject: Re: [lbo-talk] Profiting from emerging markets
>
> Is there something other than the picture?
>
> Joanna
>
> James Heartfield wrote:
>> The Daily Telegraph gets explicit on its advice to capitalists
>> http://www.facebook.com/photo.php?pid=484776&l=7ca8c&id=756513153

Yes, the text is as crass as the illustration

"...Those who missed the great bull run must bitterly regret doing so. While the average unit trust turned £1,000 over the last five years into £1,852, the average emerging markets fund turned the same sum into £3,225. And several single country emerging markets funds have done much better than that. ..." and continues in this lip-smacking vein for two broadsheet pages http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/01/11/cmemerge11.xml



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