Your personality makes a difference. You have to look into the mirror
and be absolutely candid about your own attitude toward risk, your
ability to admit to having made a mistake, and your willingness to stray
from the herd. If you have trouble admitting you are wrong, commodities
will be as hard a school as any other investment area. Experienced
commodities traders know that they will be wrong lots of times.
Related commodities: Nymex Crude Oil Futures, Gold Futures, nited States Oil Fund LP ETF (USO), United States Natural Gas Fund (UNG)
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).