Seeking Alpha

"Stuck in history," is how Jim O'Neill describes typical equity benchmarks that continue to...

"Stuck in history," is how Jim O'Neill describes typical equity benchmarks that continue to place most of their weight on the growth-challenged G7. "The neutral position for the BRIC countries ... needs to be raised significantly," says the man who coined the acronym. His favorite BRIC: Russia, which replaces Brazil.
Comments (3)
  • Micah
    , contributor
    Comments (461) | Send Message
     
    100% of my 401(k) dollars going into VEIEX & TPINX for this exact reason...
    1 Aug 2011, 03:42 PM Reply Like
  • dividend_growth
    , contributor
    Comments (2877) | Send Message
     
    Putting your hard earned money into Russian assets is just as foolish as those who sought jobs in USSR in 1931.
    1 Aug 2011, 04:42 PM Reply Like
  • User 487974
    , contributor
    Comments (1105) | Send Message
     
    Surely you jest sir!

     

    Don't call me Shirley.

     

    Hat tip the comedic brilliance of Leslie Nielsen.

     

    ....Now as for Mr. O'Neill, not so much. Talking your "Book" much Jim? Get real man, we are on the precipice of a global depression. Watch the dollar catch a serious bid here. No matter how things break, no matter which hell hole of a country you might find yourself in, everyone wants the U.S. Dollar. Black markets all over the planet work with the greenback at the top of the heap. Any noise from the like's of Mr.O'Neill should be highly suspect!

     

    May God bless this wonderful little experiment in freedom we call America
    Jerry
    1 Aug 2011, 05:06 PM Reply Like
DJIA (DIA) S&P 500 (SPY)