Brave the chaos and venture into Brazil

Political scandals and the commodity collapse have hammered Brazil. However, the country still has great prospects and its stocks look cheap. It’s time to buy, says Matthew Partridge.

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In 2001, Jim O'Neill, then at Goldman Sachs, coined the irritating-but-catchy "Bric" acronym to describe what he saw as the economic superpowers of the future: Brazil, Russia, India and China. Of the four, Brazil was always one of the most promising. Unlike Russia and China, it had healthy demographics in the form of a young, fast-growing population.

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri