Wednesday, August 14, 2013

Jim Rogers on how to Become A Successful Investor



"The way you become a successful investor is by investing only in what you yourself have a wealth of knowledge about. Concentrate on what you know... you will see a major change coming long before anybody." - in Bangkok Post

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).

Reasons To Short India



"I used to own tourist companies in India at a time. India should have had the greatest tourist companies in the world. If you can only visit one country in your life, my goodness, it should be India—it is an astonishingly spectacular place to visit. There is no place that has the depth of culture that India has. Yes, I have new reasons to short India—just read its newspapers everyday and you will see why.

The government goes from one mistake to another—no matter what the controls are, no matter how much the debt keeps rising, Indian politicians are only looking for scapegoats. Look at the latest thing with gold—Indian politicians want to blame the problems of their economy on someone else, and now it is gold. Gold is not causing India problems, but it is quite the contrary. Exchange controls in India are absurd, the regulations that India puts in place result in foreigners going through 70 loops before they can invest in India. Foreigners cannot invest in commodities in India.

India should have been among the world’s greatest agriculture nations—you have the soil, the people, the weather, but it is astonishing that you have not become one—it is because Indian politicians, in their wisdom, have made it illegal for farmers to own more than five hectares of land. What the hell—can a farmer with just five hectares compete with someone in Australia or Canada? Even if you put together the land in all your family, it is still not possible to compete. Much as I love India, I am not a fan of its government. Every one year, they (Indian government) come up with more reasons for me to be less optimistic about that country." - in Live Mint




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).

Indian Brands Outside India



"There are very few Indian brands that you would recognize outside India." - in Live Mint


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 : Gold Will Fall Further

 American commodities guru Jim Rogers is on something of a roll.

The 70-year old retired hedge fund manager, who co-founded the Quantum Fund with George Soros, has made a series of accurate market predictions, which have increased his standing with investors.

So anyone holding gold might be worried to hear that Rogers thinks the yellow metal, which is already in a bear market, is set to fall another 25%.

However, don’t panic: Rogers isn’t selling – he thinks gold’s best days still lie ahead of it.

Rogers first came to mainstream attention when he correctly predicted the bull market for commodity prices at the start of the century. As that prediction turned to fact, it eventually became a pretty crowded trade, but Rogers marked himself out again when he turned bearish on gold around January 2012.

At the time, gold was riding high at around $1,600 an ounce, but Rogers predicted it would drop to $1,200-$1,300. That’s more or less exactly what happened.
Now Rogers thinks that gold will fall further – to $900 per ounce. As he explains in a recent Financial Times interview, his reasoning for this prediction is very simple: “Gold has gone up 12 years in a row, which is terribly unusual for any asset, so it would be an anomaly if there was not a correction.”

- Source, Money Week, Read the full article here:





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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