Chile has been one of my favorite investment destinations for a long time.From the top down, the country has several things going for it. It is a commodity-based economy well known for its copper exports, strong GDP growth and a public pension system that provides ongoing demand for stocks. Moreover, only 15% of Chile's exports go to the U.S., so it has small exposure to a U.S. downturn. There is a limited number of ways to make a concentrated bet on this market. Two years ago, I
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The Chilean market could be on a different economic cycle than the U.S.