3/12/2015 @ 1:05PM Why Russia Is Better Than Europe
First a disclaimer for the hurried: this is not an opinion piece about how Russian society is better than Europes. It is not about how Europe is colluding with the U.S. to destroy innocent Russia, making them angelic by comparison. If that is a belief in which you are seeking validation, or should you believe Russia is the seat of all evil and are looking to pen poetically nasty comments, then you have duly come to the wrong place. Note: it is always wise to read the sub-headline. It describes the article better.
However
if you are an investor in the Market Vectors Russia (RSX) exchange traded fund, take heart, my friends! The CFA Institutes survey of some 120,000 chartered financial analysts lists Russia as the fourth most attractive market for investment in 2015.
The U.S. is No. 1, followed by China and India. Russia kicked out Germany this year.
Of course, everyone who has ever heard of Baron Rothschild and Warren Buffet knows you buy when there is blood in the streets. As Buffet once said, You pay a high price for a cheery consensus.
Russia, for all its problems, is a contrarian delight.
...snip...
Though lets face it, Gazprom looks pretty good trading at 4x earnings. This is the biggest gas producer in Eurasia and Europes single biggest supplier of natural gas. Its too cheap to ignore.
Click for Full Text!