He tends to take a very long-term macro view with value characteristics on all kinds of investments. Commodities tend to interest him and he takes somewhat of a value approach, often talking about buying when markets are at multi-year lows. Here's a summary of his best actionable advice.
America became the greatest countryof the 20th century. Is had many problems along the way. But it became an astonishing success. So don't think that China won't have problems along the way. They will. But the Chinese have a wonderful word that we don't have in English. It's "weiji ."
Andweiji means catastrophe and opportunity are the same thing.
They go hand-in-hand. So when you see catastrophe, rememberweiji . Rogers said he is panicked , He hopes we both remember weiji and take advantage of the opportunities because they will be here.
When Chinese companies start going bankrupt and if Beijing lets them go bankrupt, everybody's going to be in a panic, including me. At that time Jimhopes to be smart enough and brave enough to buy...
America became the greatest country
And
They go hand-in-hand. So when you see catastrophe, remember
When Chinese companies start going bankrupt and if Beijing lets them go bankrupt, everybody's going to be in a panic, including me. At that time Jim
- Source, Guru Focus, read more here
