http://www.nytimes.com/2014/02/13/business/emerging-markets-in-asia-in-a-delicate-limbo.html
Related Emerging Market News:
Pros Panic, Retail Investors Stay Cool on Emerging Markets
“So maybe a less
patronizing view of the average little-guy investor is in order. Thanks to the
expensive, unwelcome education provided by the financial horrors of the last
dozen years, the American public may just be savvier on money matters than
they've ever been.
Or maybe they’re not,
says Efficient Frontier's William Bernstein, when asked about the retail
investor data. “I don't think that institutional investors are any smarter than
retail ones,” he says. “Both are, in general, pretty dumb.” That's one way to
put it. Another, less insulting way to put it: Investing is really difficult
for almost everyone.”