Indian markets were very excited about the elections for the past several weeks. The benchmark indices have rallied nearly 20% in this period on anticipation of a favourable political outcome.
Modi is a better man than many other politicians in India, but whether he will be able to deliver things as promised, I am sceptical about because there is a huge bureaucracy in the system and opposition from politicians. I sincerely hope that things change in India, but I am sceptical as politician ..
Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.
