Gosling's Grouse: How should investors view the BRICs?

One of the most basic principles of investing is to invest when no-one likes a market.

That is easier said than done because, as advisers and investment professionals, you will know you can make a suggestion to clients but they will not necessarily follow it. In my experience there are a couple of international markets private investors have seemed reluctant to get involved in over the last couple of years. India is one, and the biggest objection you will get is that there is too much bureaucracy and corruption. Talk to someone about Russia and they will tell you it is a ‘gangster economy,’ while not many people trust China. That has just knocked out three quarters of t...