We were investing at this terrible time when emerging markets were all going down, some by 90-odd percent, and we are now benefiting from that, ... You had one crisis after another. You had Russia, Brazil, Thailand. We were investing in all of them.
We're very bullish on emerging markets right now because of valuations, ... Valuations are so reasonable it makes sense to put money in.
The Y2K problem frankly is going to be seen in the developed countries. The emerging markets are going to be in much better shape than the U.S., Japan or the European countries.
The mere fact that me, an emerging markets person, says something about Internet and the market reacts the way it has is and indication that people are very jittery.
I'm more bullish about emerging markets because we know the emerging markets are growing at double the rate of the developing nations. This is reflective in the stock market eventually,