International Markets

[PhillyHog]

With the decline in the US markets and the lack of confidence in the economy,

Is anybody looking abroad?

If so where are you looking?

[ErieHog]

With the decline in the US markets and the lack of confidence in the economy,

Is anybody looking abroad?

If so where are you looking?

Heck no.   I live abroad, and stability and value are to be found in the US market, not outside.

[Masshog]

Foreign markets are a horror show of their own right now.   I don't think any market escapes this before its over. 

[SultanofSwine]

I'll be the dissenting voice to popular opinion to this point in this thread in that I am looking globally. For my own accounts I am looking at south america, india, africa and some asia exposure predominantly in areas where infrastructure growth is the fueling force. Ultimately for me, NOT ADVISING HERE, I think there will be strong growth opportunities globally that will have domestic significance in a market recovery. For obvious reasons I will not mention the things I am looking at and would HIGHLY encourage anyone considering international investments to seek the advice of thier financial advisor.

[Masshog]

I just got this really compelling letter from Nigeria.... a nice opportunity to help the royal family.   

[Masshog]

I won't disagree with you in terms of overseas opportunities, I just think the timing across all markets isn't very good right now.  Big picture, the global build out is going to make lots of people very rich.... I think.... esp. me when I get the 5,000.00 cashiers check to the Nigerians. 

[SultanofSwine]

I see they got my fowarding address change

[Masshog]

Any of you other gents want in?   Just send your cashiers check to me or Sultan and we will forward it along (PS... make it out to CASH please).   

[BlackKnightHogFan]

Myself I have been cutting international holdings from about 20% to 15%.  International markets have exceeded the US market the last four years, time for that trend to reverse.  Also, I believe there is more value in the US market.  But, what do I know, I cut oil and gas holdings two months ago looking for the bubble to burst anytime now.  Remember, this is just my opinion and not advice.

Mass and Sultan, I got the same letter; what's going on?  I thought that was an opportunity for me only!

[SultanofSwine]

BK, I agree with you on the value opps in the US but still feel like there are solid growth opps elsewhere. I think it will certainly take prudence to make the right calls there and like you I am only considering a 10-15% exposure.

[HawgPilot]

Our company has been buying domestic and selling to China/India for the 2nd yr and making much higher profits.  We are a wholesale fertilizer company

Life is indeed good....

[SultanofSwine]

I'd be curious to here what kind, if any, allocation changes you are considering.

[BlackKnightHogFan]

BK, I agree with you on the value opps in the US but still feel like there are solid growth opps elsewhere. I think it will certainly take prudence to make the right calls there and like you I am only considering a 10-15% exposure.

Sounds like we agree alot, maybe we should just go into business as independents together.  Nah too scary.

[SultanofSwine]

I would say great minds think a like but if that's true wouldnt it logically follow that bad minds do the same...makes me nervous

[BlackKnightHogFan]

I think the former, but worry about the latter...and a +1 for the humor.