In today’s Sunday Times, there is an article about frontier markets – “Frontier markets offer great opportunities – and risks” There is a paragraph on Jim Rogers’ skepticism which I highly agree.
Frontier markets are nothing more than emerging markets that people are just finding out about
They have nearly all been over-exploited. There are tens of thousands of MBAs flying around, as we speak, looking for new markets – call them what you wish.
He said he started investing in some of these so-called uncharted regions decades ago, and today there are few “frontier markets” left to be discovered.