Wednesday, June 5, 2013

Russia : when people hate a market , That's usually a place that you should look at

 Vladimir Putin, isn't a model leader. "He grew up in the KGB. He took control in a silent coup with the KGB. And he has been running the place like a KGB thug..."

Jim might not like Putin... But he believes he may be trying to turn his reputation around. And that's good for investors...

 "Maybe [Putin] doesn't like being treated as a KGB thug." Rogers says. "He understands there has not been great prosperity in Russia in the past few years... I have the view that international capital is welcome in Russia. And if you go there and you invest, you will find opportunities."


"Everybody hates Russia for many good reasons... including me for a long time. That's usually a place that you should look, when people hate a market. And so I am looking." - in stansberryradio.com.