The trouble with buying into hot investment themes is that sometimes we find out too late that the idea isn’t so hot anymore. And that seems to be playing out with one of the more fashionable concepts over the last decade: BRICs.

With great risk comes great reward. The truly great investors understand the risk/reward ratio and aren't afraid to take a calculated chance. How do we mitigate that risk?

Not only is the oil space being hit by a weaker demand environment, it’s also facing a new wave of supply coming onto the market.