Low CAPE ratio countries having big year (Brazil +64%, Russia +28%), Europe still lagging badly though...https://t.co/EqVyVgp1Op— Meb Faber (@MebFaber) October 3, 2016
I have talked in the past that I use the CAPE ratio to identify undervalued countries to invest in. I wrote about it here in my "How To Get Rich" series.
In the article I linked to above I also indicated that Russia was the cheapest market in the world and I made the Russian ETF (RSX) part of my portfolio. As you can see it has performed nicely this year.
If you are serious about becoming rich or beating the market than you have to use all analytical tools available to you. Meb Faber is an excellent resource and I have read all of his books. I encourage everyone that is interested in market beating returns to read his books.