Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Saturday, April 29, 2017
Mining Stocks: Is There a Risk of Nationalization?
I do not think there is much risk of mine nationalization. There may be in some countries where there is internal political problems. I am just racing around the world in my brain trying to think where somebody may nationalize mines and I do not see that happening. I do not see that as a very serious risk.
Friday, April 28, 2017
Russian Stocks Are Still Cheap
At the moment you should buy Russia and not buy China. I still own China, I am still bullish but if you are looking for something to buy, Russia is still very cheap. Russia is one of the most hated markets in the world, it is very, very hated as you know.
Why You Shouldn't Buy India Right Now
The Indian stock market is not cheap. I do not like to buy things that are going straight up, making all time highs. As I have seen many times in my life, when people jump on a moving train, you are probably going to get hurt. (iShares MSCI Emerging Markets Index ETF (EEM))
Wednesday, April 26, 2017
Indian Stock market: "I Should Have Been More Patient"
I should have been more patient. Mr. Modi told us he was going to get it done, I would have stayed around: "Jim Rogers is repenting he sold India early; but will stocks still deliver?"
Related: WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Emerging Markets Index ETF (EEM)
Related: WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Emerging Markets Index ETF (EEM)
India: I Should Have Stayed Around
Where I have made a mistake was that Mr. Modi campaigned that he would do all sorts of reforms, but for some time he did nothing. I was disappointed by his inaction and so I sold out my Indian shares. I should have been more patient. (WisdomTree India Earnings Fund ETF (EPI), BSE Sensex)
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