Over the last decade, Romania and Slovenia have delivered returns at the very top of the global table, right alongside the NASDAQ 100, but without NASDAQ-style valuations. Slovenia’s SBITOP, the main blue-chip index of the Ljubljana Stock Exchange, is up +498% over 10 years and roughly +53% year-to-date, trading near 11.6x price to earnings ratio, and with a dividend yield around 4.7%. Romania’s BET-TR, the total return version of the Bucharest Exchange Trading index, which includes dividends,