In the past decade, the world has changed dramatically for value investors. The rise of the discount broker and availability of information online has revolutionized the investment landscape for every type of investor. It’s now just as easy to put money to work in Australia as it is in the United States.
So, in this series I’m going to look at several different developed, emerging and frontier markets, highlighting their potential risks and rewards for value investors.
Value investing in Russia
For investors, wading in to Russia is an exercise fraught with risk. Of all the emerging markets around the world, investing in Russia carries the most risk -- you never know what’s just around the corner.
Indeed, up until the beginning of...

