With the major indices rising from one all-time high to the next, finding value in developed markets is increasingly difficult. Emerging markets seem to offer lower valuations , as they underperformed and are thereforePhilipp is a seasoned value investor with nearly 20 years of experience in the field. He takes a global approach to investment opportunities, seeking out undervalued companies that offer a significant margin of safety, leading to attractive dividend yields and returns. While he does not limit ...