Ariel Investments' Charlie Bobrinskoy Discusses Possible Impact Of China On Your Portfolio

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Jul 09, 2015

How do you protect yourself from the current turmoil in China and Greece? Do you need to do anything?

For value investor Charlie Bobrinskoy, there is nothing to do in China specifically. He thought the Chinese market was expensive a year ago before it rose 100%, and now that it has given some of those gains back, it is still expensive.

Bobrinskoy likes companies like Yum! Brands (YUM, Financial) which is a play on long term Chinese economic growth, and is still one of the fastest growing economies on the planet.