Investment Bankers regularly come up with their new themes, ideas and destinations to justify their salaries.
BRIC (Brazil – Russia – India – China) is now the popular flavor. Though I admire the BRIC Report Author for walking the talk. She has joined Future Group, Kishore Biyani’s flagship venture.
The new exotic and hot Flavors are :
1. VISTA – Vietnam, Indonesia, South Africa, Turkey, Argentina
2. Chindia – China & India
3. N11 – Next 11 – Bangladesh, Egypt, Indonesia, Iran, Korea, Mexico, Nigeria, Pakistan, Phillipines, Turkey, Vietnam
How many of these HOT sectors / geographies actually perform as expected over the long run? God knows!