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Strategies & Market Trends : India Coffee House

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To: sea_biscuit who wrote (5995)8/27/1999 5:32:00 PM
From: Shivram Hala  Read Replies (1) of 12475
 
> Who is investing in India and how much are they > investing, in relation to other developing countries? Go
That shows how much you know of india. Most of the auto manufacturers have set up shop in india. Why there and not in paki land ? Obviously they have more confidence which is why they are setting up manufacturing facilities, ... in india

> take a look for yourself. Besides, holding that (fund > managers investing in India) as "proof" that India will > not disintegrate,

I did't say that. It only shows, given the russian debacle, that fund managers confident about india. Even with all the bars placed before them.

> "No, it won't disintegrate because fund managers > have put some money in there!" What a load of horse > manure!

You can twist the words how much ever you wants.

> And interestingly, I have heard a fund manager who > was investing in India say that it may be OK to invest > there as long as you are prepared to take the risk. He > then

That's called a disclaimer. Have they said that in paki land. No.

> went on to explain precisely what kind of risk it was -- a
> country comprised of 600+ kingdoms, more than a > couple of dozen languages, hundreds of dialects, and
> thousands of castes could very easily slip into > instability and in the resultant crisis, investors could > end up losing
> their shirts. So much for the vote of confidence!

LOL. Every fund manager is supposed to do his/her research before they think of investment. Apparently your fund manager knows bo-didely. If the above description is the knowledge that this fund manager has of India, I pray for his clients.
In recent opinions fund managers have said they are confident about india, obviously none of them are as enlightened as your fund manager friend.
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