IKN

Hereditary sloth instructs me

Argentina versus Peru

Conventional wisdom on Peru: New miracle economy…..stable…..top performing….great growth……new best friend……can’t be bettered……expanding local market

Peru’s benchmark IGBVL index is up 215% from the Financial Crisis lows.

Conventional wisdom on Argentina: Risky…..volatile…..default at any moment….don’t wanna invest there….never make any money there….avoid the local market
Argentina’s benchmark Merval index is up over 240% from the Financial Crisis lows.

Never forget that most advice you receive on LatAm finances is laden out by complete dumbasses.

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.