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).
Jim Rogers graduated from Yale University and has a degree in philosophy, politics and economics from Oxford University. Jimmy Rogers became a Wall street legend when he and George Soros founded the Quantum Fund.After his career as a hedge fund manager and investor,Jim Rogers now periodically teaches finance at Columbia University, and appears regularly on the CNBC Cable Network.
Wednesday, May 9, 2012
The Surprise Is Going To Be How High The Price Of Oil Stays And How High It Goes
Jim Rogers :
I do know that the world's known reserves are declining and unless the world finds a lot of oil in accessible areas very quickly, the surprise is going to be how high the price of oil stays and how high it goes. If Spain goes bankrupt next month, every thing, including oil, is going to go down. But if that happens, I would urge you to buy a lot more because the price of oil over this decade is going to go much higher. - 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).
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).
Agriculture Is Going To Be Extremely Profitable Over The Next 20 Years
Jim Rogers : Agriculture is going to be the big thing in the next 20 years. The best thing you can do is to become a farmer, that is where the money is going to be made. It has been a disaster for the last 20 years, but farmers are going to be driving the Lamborghini in the next 20 years, stock brokers are going to be driving taxis. The smart ones will learn how to drive tractors so they can work for the smart farmers.
Anything to do with agriculture -- seeds, tractors, fertilizer, water -- is going to be extremely profitable over the next 20 years. - in India 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).
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).
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