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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI Rewind: China, Emerging & Frontier Markets w/ Kevin Carter

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 8 December 2023

⏱️ 78 minutes

🧾️ Download transcript

Summary

Kevin Carter talks about emerging and frontier markets, where and how to get started investing internationally, and much more! IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 03:04 - Revelations Kevin saw when he worked at a mutual fund vs. investments one can do as an individual investor. 16:25 - Lessons Kevin learned when he shorted Amazon.  22:34 - How Kevin got involved with Tesla.  35:05 - What emerging or frontier markets are and which countries they consist of. 41:02 - Why home-country bias exists and what investors are potentially missing by focusing only on their domestic markets. 41:02 - What the most important things to look out for are when investing in foreign or international markets. 48:46 - The catalyst that’s going to change the dynamics of investing and will have a material impact on the future returns of international markets. 01:00:36 - Where to start and how to get started as a new investor in foreign markets. 01:06:59 - How international investors combat against fraud and accounting standards. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Berkshire Hathaway Shareholder Letters. Burton Malkiel’s book A Random Walk Down Wall Street. Fred Schwed’s book Where Are the Customers’ Yachts? David Swensen’s book Pioneering Portfolio Management. John Bogle’s book The Little Book of Common Sense Investing. Joel Greenblatt’s book The Little Book That Still Beats the Market. Benjamin Graham’s book The Intelligent Investor. All of Robert’s favorite books. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. Check out all the books mentioned and discussed in our podcasts here. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Kevin: Website | LinkedIn | Twitter Connect with Robert: Website |  Instagram Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0

You're listening to TIP.

0:02.3

On today's show, we're re-sharing some of the older episodes that are my favorites for a few reasons. One, we get a bunch of new listeners each week, so new listeners may not have heard this episode before. Two, even if you've been listening for a while, you may have missed this episode when it originally came out. Or three, even if you've heard it before, it could be a great episode to learn from again. If you've already heard this episode or you're not interested in hearing it, feel free to just skip it. There's no harm in that. And you can pick up with their new episodes next week. That's all I had for you for this new intro. Everything going forward is going to be from the original episode. I hope you guys enjoy it. People ask me to how much

0:37.8

money should I invest in emerging markets? I tell them is, if you mean the Vanguard fund or the

0:43.0

I-Shares fund, you shouldn't put any in emerging markets. In this episode of millennial investing,

0:50.7

I talk with Kevin Carter about what emerging and frontier markets are and which countries

0:56.2

they consist of, why home country bias exists, and what investors are potentially missing

1:01.7

by focusing only on their domestic markets, where and how to get started investing

1:07.0

internationally, and my personal favorite part of the conversation is about how

1:11.9

international index funds and ETFs are potentially broken. Kevin is the founder and CIO of

1:18.6

the Emerging Markets Internet and E-commerce ETF, ticker EMQQQ, and chairman of the EMQQ index committee.

1:31.3

Prior to EMQQ, he was the founder and CEO of Alpha Shares, the founder and CEO of Active Index Advisors, and also the founder and CEO of

1:38.0

E-investing, which was acquired by E-Trade in 2000. Before we get into this episode, I want to share some exciting news and an opportunity

1:46.3

we have available for you guys. We're actually looking for a new podcast hosts. Specifically,

1:51.7

I'm looking for someone who wants to become a podcast host full-time with TIP. You'd be working

1:59.2

with me directly and hosting the millennial investing podcast.

2:03.4

It is a full-time role, but you're able to make your own hours, work whenever you want,

2:08.4

from wherever you want. If you're interested in applying, please send your resume via email

2:14.0

to Robert at The Investorspodcast.com, or you can DM me on Twitter or Instagram for

2:21.9

more information. And you can connect with me on Twitter and Instagram at The Robert Leonard.

2:27.7

If you're on social media, you probably see quite a few financial influencers recommending

2:33.4

having a portion of your investing in

2:35.5

international index funds and ETFs as a form of diversification. I've spent quite some time

...

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