Happy New Year to one and all. Thought I would post this article from Bloomberg and then the more recent Goldman Sachs write up on BRICs. I personally plan on studying it when i have time as it seems on its face what Peter Grandich is also calling for if one must be in the market. susan

Dec. 31 (Bloomberg) -- Goldman Sachs Group Inc.’s forecast that Brazil, Russia, India and China would eventually eclipse the Group of Seven countries economically has been described as “the biggest market call of the decade.”

MSCI’s BRIC Index soared 367 percent through yesterday to surpass the 22-country Emerging Markets Index by 134 percentage points, according to data compiled by Bloomberg. The MSCI World Index, a gauge of 23 developed markets that is also depicted in the chart, gained only 17 percent during the period.

Jim O’Neill, who still runs the global team, first made the case for the four countries in a paper entitled “Building Better Global Economic BRICs.” The firm elaborated in follow-up reports published in October 2003 and December 2005.

“From where these markets stand today, even after the credit crisis, O’Neill’s original paper is starting to look like a once-in-a-lifetime call,” Joshua M. Brown, the author of the Reformed Broker financial blog, wrote this month. The “call of the decade” description was part of his posting.

http://www2.goldmansachs.com/ideas/brics/nifty-50-doc.pdf