I just bought some Vanguard Emerging Market Index for my Roth IRA
Pretty sure we're on our way to a China-US economic cold war, but other than that, feeling pretty good about it!pic.twitter.com/T1KAkHYCSl
CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure
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I just bought some Vanguard Emerging Market Index for my Roth IRA
Pretty sure we're on our way to a China-US economic cold war, but other than that, feeling pretty good about it!pic.twitter.com/T1KAkHYCSl
I think of Disney and Starbucks as emerging markets plays. Emerging markets are tough because the accounting standards and regulation are even worse than the USA.
And they are subject to greater risks of war or communist revolution.
I like $DIS as the single best emerging markets play. As long as they give a piece of the pie to corrupt governments seems they can play their movies everywhere. They also have incredibly good marketing out in Thailand.
Long term, I expect a Disney Land in most countries.
I think that’s clever. Minor point but India and China may restrict entry (Disney is American brainwashing) as they’re bigger.
Disney already has 3 parks across Hong Kong and Shanghai, but the government could certainly change course. Of the top 10 grossing movies in China in 2019, only 1 was Disney, but they do get a lot of that revenue with limited cost, may become difficult to give up
Where's the 3rd park in greater China? I get the sense that if anyone could pull off kicking Disney out, it'd be China.
1 park in HK, 2 in Shanghai. Disney World in Florida is 4 parks. I’d actually think India would be just as likely given Bollywood’s strength, but apparently Disney is the largest TV broadcaster in India after the Fox acquisition
Could be some weird cricket stuff happening with that stat. I expect India to assert itself as wel when if they become more powerful.
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