John Thomas, author of Diary of a Mad Hedge Fund Trader, discusses his favorite emerging market, and explains why he thinks its stock market will be a star in the coming years.
“Of all the emerging markets out there, India is probably the No. 1 hedge fund favorite,” Thomas tells MoneyShow.com’s Nancy Zambell. “China has spent three decades building up this massive infrastructure, so they’re pretty much done. India hasn’t even started yet.”