I contacted the fellow who brought Nanologix (Pink Sheets: NNLX.PK) to my attention initially (Barry B.), asking him if he’d be interested in writing a guest post about it here. My e-mail caught him on vacation in Belize, but he said he’d take as stab at a guest post here when he got back. [...]

A couple of years ago on the old blog, I posted about how cheap Venezuela’s stock market was. Back then, it had an average P/E of 2. Checking the FT’s Yield & P/E by Country (PDF) today, the average P/E is now 0.4 (though the average dividend yield has dropped from ~20% to ~15%). As [...]