In looking for new investment ideas, there is a group of investment professionals who I like to pay attention to. They often can be the genesis for ideas that I end up taking to the next level.
Well, with that in mind, today Harris Kupperman posted about a new long position for his fund in the Russian Ruble. Which means that two of the guys who I think are pretty smart have started saddling up to Russia within the past few months. Namely, there was also a story back in September about how Jim Rogers had taken an advisory role with an ag fund run by a Russian bank. He then was on TV in the months following announcing that he was no longer a bear on Russia. Interesting.
Am I going to do anything about it? Not yet. But, it certainly gives me something else to study up on.
