Sunday, April 19, 2009

Donald Coxe Still a Commodity Bull

Famous investor Donald Coxe took a real bath in 2008 (along with the rest of us commodity bulls) - he was heavily overweighted in commodities, and, though bearish on the overall economy, he still believed commodities were the place to be.  Hmmmmm, sounds a little familiar.

Despite the huge setbacks last year, Coxe still believes commodities are the place to be for the medium to long term, citing his belief that rising middle classes in India and China will drive demand to new heights.  Coxe is especially bullish on agriculture.

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