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This is Masters in Business with Barry Rittoltz on Bloomberg Radio.

This week on the podcast, I have another extra special guest.

Christine Philpott's of Aerial Investments has specialized in emerging markets and frontier markets for most of her career.

She has been around the world.

And if you name a hotspot investing place, she's been there.

South America, Asia, Africa, sub-Saharan, Africa and Middle East, as well as Southeast Asia and Asia.

She's a boots on the ground type of investor who focuses and specializes in emerging market value.

What makes that style of investing so interesting and different is simply market inefficiencies.

You know, the U.S. markets are so efficient, large-cap tech stocks, it's really hard to have an edge in that space.

But when you look at emerging markets and when you look at value, the opportunity for alpha is much, much greater than it is in traditional large-cap growth stocks in the U.S.

And a lot of managers in that space actually beat their benchmark.

You can't say the same for U.S. large-cap stocks.

I thought this conversation was really informative and fascinating.

And I think you will also,

with no further ado, aerial investments, Christine Philpott's.

Thank you for having me.

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