Wednesday, October 30, 2013

Jim Rogers likes Russia, Myanmar markets

I was pessimistic about Russia for 46 years, and I think it's becoming the second most-hated market in the world, after Argentina. But I see positive changes taking place, so I'm looking. I bought a few shares of an index, and a few shares of Aeroflot because I see positive changes taking place in airlines. 

I also like Myanmar. There aren't many stocks you can buy there, and they're just building a stock market. But Nok Airlines is a regional airline making inroads there. In the long run I'm excited about Myanmar.