If there is one person who appears on CNBC who is worth listening to my vote would be for Jim Grant.
Grant thinks that watching the Fed is not what investors should be concerned with.
Instead Grant thinks investors should look for opportunities with a large margin of safety, and do their looking amongst the asset classes that are the most hated.
He has a nomination for the most hated asset class for us.
Grant's nomination today is Russian oil and gas companies. He specifically names Lukoil, Rosneft and Gazprom (GZPFY).
Watch the video to hear more from Jim: