Sunday, June 9, 2013

Marc Faber Prefers India Over China

Marc Faber : "There is little money that has been invested in India. India is a huge country; in terms of population; they will overtake China in a couple of years' time."  "But at least in India compared to China, you have world class companies that are well run, that have strong growth potential because they have quasi monopolies. The markets are not yet saturated, so overall I believe in investing in India. At Christmas I said that I did not increase my positions in any Asian markets except India," - in CNBCTV-18


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