Vladimir Senkov

iShares MSCI Taiwan ETF is Seriously Undervalued

Larry,

Interesting. It's not often that i get to read someone bullish on Taiwan and semis.
Could you show how you came to the 4% yield figure?
In your estimates, what is the current premium EWT is trading at? Isn't it and the management fee a bit too much for an ETF?

Also, you mentioned that commodity prices are now correcting. I'm not sure what you mean by "now". Are you referring to oil bouncing off 50 and flirting with 60? Or gold bouncing off it's October lows? Or are you convinced that it's all part of the act and the longer term trend is still down for commodities? If so, what is the timeframe that you see for that?
Thanks!