Saturday, June 15, 2013

I Don't Want to Own Equities Right Now

"I do not really want to own equities right now. I owned a fair amount of Japanese equities. I sold most of them two weeks ago. I am not very optimistic about equities because you see what happened in Japan when people started getting worried about the end of the artificiality. When everybody realises that all the central banks are going to have to cut back, it is not going to be fun. The Japanese stock market has collapsed in three days. You just wait and the whole world has to face its problem."

- Jim Rogers via a recent Economic Times interview: