Russia is one of the most hated stock markets in the world, perhaps second only to Argentina, which is hated more. I have learned, when things like that happen, they usually put it cheap, Russia has a convertible currency, has a very low debt, has lots of resources, and when the stocks get knocked down, I started investing.
Listen, I was very bearish on Russia for forty six years of my life. I’ve only started becoming positive on Russia in the last couple of years. I do think I see opportunities and therefore I’m investing.
via http://rt.com/shows/sophieco/161436-china-russia-investment-rogers