Stocks: Reasons To Invest In The Russian Stock Market

It is certainly beaten down. I cannot think of any market in the world that is more hated than the Russian stock market. I have learned over the years that if you buy something that is really hated, especially if it is fundamentally sound, you are going to do OK. It may take a some time but you will probably going to do OK.

Russia has huge resources. It is not a debtor nation, it is still a big creditor nation, the currency is convertible. They have problems but they have been doing the right things. I wish their central banker was our central banker. (iShares MSCI Emerging Markets Index ETF (EEM), Market Vector Russia ETF Trust (RSX))

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Portfolio: U.S. Dollars, Chinese Shares, Agriculture, Russian Bonds

I own U.S. Dollars, I own the Chinese Renminbi, I own Chinese shares and I am short U.S. stocks. I am long Agriculture, I bought recently some Russian short term Russian bonds denominated in Rubles. I own some gold and silver, which I owned for years, I haven`t bought any recently. Basically off the top of my head its where my investments are.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.