Jim Oberweis on Foreign Policy

Obama's results are ok, but too often he does nothing

"While I am satisfied where we have gotten, how we have gotten here is not too good."

To understand China, read the 5-year plans

Oberweis: That's true. Although it tends to move slowly. What we look for is--read the five year plans. In the 2012 five year plan, we see money being funded for environmental cleanups, so we're investing in companies that clean up waste water. It isn't rocket science, it just requires some detail thinking. For most of the companies we're investing in, they're needles in haystacks. They're unlikely to--

Q: Get the wrath of the government?

Oberweis: Yeah, exactly. It tends to be more in some of the larger companies, where it is a little bit more important. They're also entrepreneurially owned, which helps to eliminate some of the political influence. If I was investing in a bank in China, I would be concerned because if the government says, "Loan," you loan. There's no opportunity to take shareholder value as a reason to disobey the government.