I frequently go over recent Guru trades to see what some of the savviest investors on the planet are buying. Usually, there is an idea or two I want to check out more carefully. Worst case scenario, there's a lot to learn from how these men and women think, best case scenario, you find an idea that fits very well with your style.
This time I couldn't help but notice Paul Tudor Jones (Trades, Portfolio), George Soros (Trades, Portfolio), Louis Moore Bacon, Stanley Druckenmiller, Charles Brandes (Trades, Portfolio) and Ray Dalio (Trades, Portfolio) all are buying the iShares MSCI Emerging Index. Five out of six are the most prolific macro traders you can find, but Brandes, who's more of a traditional value guy, is somewhat of a surprise. Continue Reading »