Michael: Thanks for your kind words. I realize Sri Lanka is not African and have therefore used the word “mostly” as 4 out of the 5 countries mentioned are African. I should’ve have worded it differently to make the message clearer.
I love your postcards and especially the weekly updates. This weeks included a statement, “As far as non-US markets are concerned, returns ranged from top performers - mostly African countries - Sri Lanka (+10.7%), Kenya (+9.5%), Namibia (+8.5%), Uganda (+7.3) and Côte d'Ivoire (+5.0%)” Sri Lanka, however, is not African.
We in the West easily forget that in the developing world many countries have populations that are enormously younger than our own. With many western economies stagnating my eyes are drawn to these young countries rich in resources and the energy of youth. There must come a day when real organic prosperity is a possibility for these peoples.