“I have always had the private sector banks in my Asian portfolio. This Indian portfolio was created more recently. But in my Asia ex-Japan portfolio which runs the greed and fear portfolio which I have run since 2002, the one sector I always had representation since 2002 is Indian private sector banks.”
“The halving of Bitcoin is coming up next year – about April, May. Volatility will come down.But all the precedent is you make money if you buy ahead of the halving. So in the three to six month period, go for gold, mining stocks and Bitcoin. In the mid and long term, I would buy Indian equities.”
“The dedicated emerging market money will stay in both China and India. But the global money was investing in China. In many cases, they have stopped investing in China for geopolitical reasons as much as anything else. And they have not yet started investing in India. This year, global money that stopped investing in China actually probably went to Japan.”