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.
Actually, they are more excited about the Asian tigers now that the crisis over there has subsided. Maybe they are more confident about India than Russia, but that's like saying Chauthala is a better guy than Sukh Ram!
That's called a disclaimer. Have they said that in paki land. No.
He was answering a question over the air, not in his annual report or fund prospectus. No need to make a disclaimer there.
And it is funny that you drag in Pakistan again! Looks like you saffron-langots are obsessed with it! Ever heard of any ardent supporter of the US repeatedly trying to emphasize that they are better than Mexico, eh? Well, but then, maybe he doesn't really need to, huh?! ;-)
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.
Actually I think his clients are well-served. For he is aware of the risks involved.
Btw, John Templeton, the father-figure of Templeton Funds always used to say that he would never want to invest in a country where he cannot drink the water! Which means that if they are really sticking to their ideals, they should have ZERO investments in India. <g> |
