Today's investment environment presents excellent opportunities for investors with long-term buy-and-hold strategies.

We believe today's investment environment presents excellent opportunities for those with buy-and-hold strategies, and we encourage all investors ? particularly those with less experience in the markets ? to stay focused on their long-term investment goals.

The biggest issue in India obviously remains the regulatory environment, which makes the near-term investment in India likely to be significantly less than the investment which we see in China.

The markets could be doing even better. That kind of political noise disturbs the investment environment.

It's moving more toward normalcy ? the whole industry. It's a much more disciplined investment environment with respect to institutional investors, fund managers and venture capitalists.

Investment markets in the United States will not ultimately prosper under such an increasingly odorous environment.