Duration 10 years (02015-02025)
1. The political environment is good for India. In May 2014, India’s political climate changed dramatically for the better with the election of Prime Minister Narendra Modi with a resounding majority. I think Mr. Modi can transform India, particularly if he gets re-elected for two more terms, as I think he will. He has an excellent track record, is incorruptible and is business friendly. I expect Mr. Modi to be the Lee Kuan Yew of India! 2. Fairfax has a great track record investing in India, I am very excited about the long term prospects for Fairfax India under the current management team.
Ji Chen is negotiating the terms of a bet about this prediction. It will soon be added to Bets on the Record.