Sunday, September 14, 2014

Jim Rogers on Ukraine stocks

I have only been to Ukraine twice in my life, but I’ll tell you – I have never been impressed by the government or the management of Ukraine. You don’t buy something just because it’s low – because it can get lower and lower and lower. 

I’d rather buy a sound situation, rather than one that is in turmoil and it’s going to continue to be in turmoil. If you’ve looked at the Ukrainian government over the past 10-15 years – you know what I’m talking about. Someday, of course, I might invest in Ukraine, but not now.

Jim Rogers

Warren Buffett

Nouriel Roubini