Wednesday, May 15, 2013

Jim Rogers bought Japan stocks and sold them

I bought in Japan back after the tsunami a couple years ago and I bought more when [new Japan Prime Minister] Abe said he was going to print "unlimited' - and that's his word, not mine - unlimited amounts of money. But I sold them last week. Not all of them, but most of them, because they just had gone up so much. As I told you, I'm very bad at market timing. So I suspect I was wrong. But I have sold out of most of my Japanese stocks. They were just up so much.

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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