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Jim Grant Lays Out His Top 3 Undervalued Assets

October 03, 2013 | About:

With a history of being right, Jim Grant is a man whose thoughts should be listened to.

Today he tells us why we should own gold:

"The world ought to have much less faith in central banks, and as that reasoned distrust of a broken model grows, the gold price, I think, will appreciate,"

His second favorite asset class is Russian oil companies such as Lukoil (LUK) which he says are selling at large discounts to global peers.

Grant's third idea is a bit eccentric, it is "historic" documents.

He explains in detail in the video below:


Rating: 2.0/5 (6 votes)

Comments

mocheng
Mocheng premium member - 2 years ago
LUK is

Leucadia National Corporation not

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