Hedge Fund Manager Mark Yusko Bullish on China, Japan, and Russia

Hedge Fund Manager Mark Yusko finds select opportunities in the U.S. market in healthcare, airlines and cruise lines, and technology stocks like Netflix (NFLX) and Priceline (PCLN). He tells TheStreet's Rhonda Schaffler that biotech is frothy and he finds more opportunities overseas. The long time China bull is a fan of VIPShop (VIPS), the online Chinese clothing retailer, due to the rise of consumption in China. But he says the stock is not a short-term play. He also thinks the Japanese stock market will outperform the U.S. market over the next five to ten years and made an early call on the recovery in the Russian equity market.