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07-02-2013, 12:26 PM
Temp - in my way of looking at things i look at risk versus rewards profile. Maybe not quite value investing.
Now i like USA, China and Indonesia.
USA has great demographics, lots of natural and human resources. And the gridlock in gov has been priced in. They have fantastic companies with strong brands and the shale gas boom will generate massive growth in years to come. I like conoco, valero, apple and the homebuilding sector etf.
China stock market was cratering until dec12 and risen quite quickly since. But long term china is a transformational bet - if they get it right and survive the odd correction/imbalance u get a multibagger. If not... Well u lose some money. I am very long the a50 etf (it is my largest single holding).
Indonesia is booming, i know its corrupt and the extremist factions make noise once in a while but it is all priced in. If things improve, their market can rise quite dramatically. I like the banking sector as that will get a big boost if the growth in jkt and mining towns start to spread.
I am not scared of losing money as long as i feel the assymmetry in probability or payoff is on my side.
As for Singapore - it is fragile. It would not be one of WB's investments because he says "i like businesses that even an idiot can run. Because eventually one will. "
Now i like USA, China and Indonesia.
USA has great demographics, lots of natural and human resources. And the gridlock in gov has been priced in. They have fantastic companies with strong brands and the shale gas boom will generate massive growth in years to come. I like conoco, valero, apple and the homebuilding sector etf.
China stock market was cratering until dec12 and risen quite quickly since. But long term china is a transformational bet - if they get it right and survive the odd correction/imbalance u get a multibagger. If not... Well u lose some money. I am very long the a50 etf (it is my largest single holding).
Indonesia is booming, i know its corrupt and the extremist factions make noise once in a while but it is all priced in. If things improve, their market can rise quite dramatically. I like the banking sector as that will get a big boost if the growth in jkt and mining towns start to spread.
I am not scared of losing money as long as i feel the assymmetry in probability or payoff is on my side.
As for Singapore - it is fragile. It would not be one of WB's investments because he says "i like businesses that even an idiot can run. Because eventually one will. "