Posted
Jul 18 2008, 11:48 AM
by
Vinny Catalano, CFA
As equity investors in emerging markets get a taste of the bear (see yesterday’s image from the Pakistan stock market), the lessons of successful investing are learned the hard way.
“I am upset because I am constantly losing money and there is no one ready to help me.”
Naeem Jehandad, equity investor in Islamabad.
“For me, this is just a murder for my economic future.”
Usman Khan, a lift operator who returned from the Middle East last year and invested his savings of Rps350,000 ($5,000) in the KSE.
“I'm only rich because I know when I'm wrong.”
Goerge Soros
Have a good weekend.