Pulpit rock

Forbes Investing Guide – Investing on the Frontier

I wanted to share this outstanding article which was featured in the recent Forbes Investment Guide (a segment of Forbes Magazine). It dives into the workings of the Wasatch Emerging Markets Small Cap Fund.

The fund (which has over $800 Million) consists of only 8 people: principals Laura Geritz & Roger Edgley and six researchers.

After much research and many vaccinations, Geritz will fly to and meet with CEOs of promising companies in countries like Kenya, Nigeria, India, Brazil and Chile (traveling approximately 3 months a year).

The Wasatch fund has proved a success. This “boots on the ground investing” has helped her to find gems like Hering (the Gap of Brazil) which Geritz invested in resulting in a 480% return. Numbers like this explain why Gertiz’s fund is among the top 1% in the diversified emerging markets category. It is also interesting to note that the Forbes article mentions the web of investment scams that can exist is these countries (which undoubtedly makes investing more difficult and time consuming).

Forbes Article located HERE. For more on the Wasatch Fund click HERE.

Spike Jonze Bio

Even though WHERE THE WILD THINGS ARE was probably the worst movie I have ever seen, Spike Jonze’s rise to wealth is truly remarkable (and he HAS made some great films like BEING JOHN MALKOVICH, ADAPTATION etc). This video below gives a comprehensive look at his talents and entrepreneurial career. Most interesting to note is that most of my favorite music videos were directed by Jonze (how he got his start).