Investing in railroads has played a major role in the creation of many of the greatest fortunes in history. Charles Crocker, Henry Morrison, Jay Gould and Mark Hopkins, Jr.,  were some of the "robber barons" from 19th-century America that accumulated significant wealth from investing in railroads. For those now looking to profit from the railroads, Dinaker Singh, founder of the hedge fund TPG-Axon, recommends Daqin Railway (6016006 CH), a Chinese railway.
 

Speaking at the "Invest for Kids" conference in Chicago in late October, Singh stated that, overall, stocks in Asia are selling at a discount. Economic growth has slowed in China. Japan is still struggling to pull out of "The Lost Decade."

 

Situations like those create opportunities for investors, which Singh now sees in Daqin Railway, which is one of the 50th largest firms listed on the Shanghai Exchange, based on market capitalization.