Emerging Market Fund

finance a la shmoop. what are emerging markets? well a market is any place in

which you buy stuff, like Nasdaq or a Safeway store, or your enterprising

friends online edible underwear business. well the above are mature markets or [edible underwear website shown]

economically mature anyway. emerging markets are generally new players to a

given area of interest. today Latin America is becoming a mature market it

even hosted an Olympics. but thirty years ago still reeling from corrupt dictators

in various flavors Latin America was emerging. after the war in Vietnam was

done and the Napalm had been hosed off that smiling seagulls, this entire region [napalm exploding]

became a market that investors took seriously as they came to leverage their

relatively educated and industrious workforces who assembled computer [factory workers put together products]

circuit boards portable CD players and those weird electronic dogs that were

pretty sure can see into your soul. well the concept of emerging markets also

applies to product areas it doesn't just have to be a geography you know a

country or countries. in 1995 the internet itself was an emerging product

market. it had never existed before. it was very small for about oh five [America online pictured]

minutes. and then it emerged. today there are essentially zero businesses that

aren't internet businesses. it has emerged.