Friday, January 24, 2014

Bullish On Airlines Worldwide

Whenever I find a disaster with change coming, I try to invest because possibly you will make a great deal of money. Now, we can look at things locally and its not because I happen to be in Scandinavia. This is SAS, which is an airline you all know and hate, I am sure. SAS has been a huge disaster over the past several years. I own shares in many airlines but recently I have been buying shares of SAS. I told somebody at Skagen this a couple of days ago and he said, "God, you are crazy! That is a horrible company." I said, I know, its horrible, I know it has been mismanaged, that is why the stock has collapsed, that is why the company almost went bankrupt last year.

So, I am bullish on Airlines worldwide for many reasons but this is to give you an idea of a local boy or girl that I hope it will make good going forward.

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).