Wednesday, May 9, 2012

Jim Rogers Invests in Well-Managed Commodities Countries

Jim Rogers : Indonesia is doing much better this decade than it did in the 1990s because there was a commodity bear market in those days. Australia is going to do better than Belgium. Canada is going to do better than the United States. So you look for well managed countries which have a lot of commodities and you will probably make a huge amount of money. I am not putting money on Congo which has a lot of commodities because this is not well managed. I would look at well-managed commodities countries. - in Economic Times
Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).