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).
Wednesday, July 4, 2012
Bubbles Always Go Longer Than Most People Expect
I’m absolutely convinced we’ll see higher interest rates. Of course, I was convinced of that last year but rates went down. Bubbles always go longer than most people expect and higher than people expect. That’s the definition of a bubble. I have no idea how much longer it will last but I’m not playing. - in ETF Trends
