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Periods of global instability create intriguing possibilities in emerging markets. Here are a few. One of the themes of this column is that no one can time the markets. I'm fond of quoting the late John Bogle, founder of Vanguard and the apostle of index funds, who said, "Sure, it'd be great to get out of stocks at the high and jump back in at the low…. But I've been in this business 55 years and … I not only have never met anybody who knew how to do it, I've never met anybody who had met anybod

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