Good column from of all places the Dallas Morning News talking about Brazil. I am a huge Brazil fan. Investing outside the ADRs is not easy. You need a Brazilian tax id and account to invest directly in Brazil which I have done. Also, Buffett has a big currency position in Brazil. That I have not been able to replicate though I have tried but when you are as big as Buffett there are ways to get around things.
http://www.dallasnews.com/sharedcontent/dws/bus/columnists/jlanders/stories/DN-Landers_15bus.ART0.State.Edition1.464d5f0.html
The U.S. may be in a recession, but these are the best economic times in Brazil's history. By government estimates, 20 million Brazilians raised their incomes enough to join the middle class in the last two years.
I still think the world food shortage issues will have to come to some degree from this country though it may be at the expense of some additional rain forests.
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