i got into this fund specializing in Russian stocks a few years ago. The reason is two-fold. First, Russia has a lot of oil, with even more yet to come online. I've begun to believe in the peak oil theory. The basis of the theory is that the world has reached its maximum oil productivity and supplies will begin to dwindle while demand keeps going up. In addition, oil will become harder and harder to reach. Consequently, oil prices should keep going up in the long. Second, Russia is in its infancy of capitalism, so I figured it would be a ground floor opportunity to get in on.

Over a billion people. They have cheap labor. A lot of U.S. jobs are being exported there. High GDP growth.

China.