TRACKING THE COMMODITIES VIGILANTE AND AUTHOR, JIM ROGERS AN UNOFFICIAL TRACKING OF HIS INVESTMENT COMMENTARY
Friday, March 22, 2019
Thursday, March 14, 2019
The Future of Money
Jim Rogers shares his thoughts on cryptocurrency
- Source, Millionaire Asia Singapore
Sunday, March 10, 2019
Jim Rogers: You Better Prepare for Trouble
Jim Rogers is a legendary investor from the US, who is frequently featured on both mainstream and alternative financial news media outlets.
He is most famous for having co-founded and run the wildly successful Quantum Fund with George Soros on Wall Street in the 1970’s.
- Source, John Vallis
Tuesday, March 5, 2019
Jim Rogers: Cannabis will Be a Great Investment
He says he has a private cannabis company in Colombia but he’s not yet invested in any public stocks in the sector.
Meanwhile, Rogers says he’s ‘very very optimistic’ on North Korea, adding, however, that he doesn’t want to be ‘rich and in jail’.
- Source, IG UK
Friday, February 22, 2019
Friday, February 15, 2019
Jim Rogers: What if Gold Doesn't Pullback?
This week, we have a returning guest, Legendary investor and commodity expert, Jim Rogers joins us from Singapore.
Learn what Jim thinks about our potential negative interest rate future ahead, what he will do if gold and the US dollar decouple with out a major pullback in the medium to short-term.
And finally we cover some personal news about Jim's two young daughters who are rising stars in China.
Stick around for the clips at the end of the show to see footage of Jim on his motorcycle tour through China in the 1980s as well as hear from 2 of his greatest investments to date.
- Source, Silver Doctors
Friday, February 8, 2019
Jim Rogers: India’s Government is Making All the Wrong Moves
How does the world see Budget 2019, Know from Jim Rogers, American Businessman.
The World is One News, WION examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world.
- Source, WION
Monday, February 4, 2019
Sunday, January 27, 2019
Legendary Investor Jim Rogers Shares His Investing Philosophy
Jim Rogers is a retired hedge fund manager and veteran investor best known for co-founding the Quantum Fund with George Soros. With over 50 years of experience in the finance industry, and with a reputation for often contrarian views of the markets, Rogers is an excellent source of investing wisdom.
Although Rogers has dealt in a wide variety of asset classes, from stocks to bonds to commodities, his investing principles are just as applicable to retail investors as they are to institutional players.
Why trading is not investment, and why price does not equal value
We have written previously on the difference between speculation and investment. In an interview with Jack Schwager in his book, "Market Wizards," Rogers provides his own distinction:
"I don’t consider myself a trader. I remember when I went to buy German stocks in 1982, I said to the broker: 'I want you to buy me X, Y and Z stocks.'
Although Rogers has dealt in a wide variety of asset classes, from stocks to bonds to commodities, his investing principles are just as applicable to retail investors as they are to institutional players.
Why trading is not investment, and why price does not equal value
We have written previously on the difference between speculation and investment. In an interview with Jack Schwager in his book, "Market Wizards," Rogers provides his own distinction:
"I don’t consider myself a trader. I remember when I went to buy German stocks in 1982, I said to the broker: 'I want you to buy me X, Y and Z stocks.'
The broker, who didn’t know me, asked, 'What do I do next?" I said, 'You buy the stocks and send me the confirmations.' He asked, 'Do you want me to send you some research?' I said, 'Please don’t do that.'
He asked, 'Do you want me to send you opinions?' I said, 'No, no, don’t.' He asked, 'Do you want me to call you with prices?' I said, 'No, don’t even give me the prices, because if you do, once I see that these stocks have doubled and tripled, I might be tempted to sell them.
I plan to own German stocks for at least three years, because I think you are about to have the biggest bull market you’ve had in two or three generations.' Needless to say, the broker was dumbfounded; he thought I was a madman.”
Although such extreme long-termism and disregard for price might be a bit too much for even the most ardent proponent of the Ben Graham value investing school, the overall principle here is recognizable: price does not equal value.
Although such extreme long-termism and disregard for price might be a bit too much for even the most ardent proponent of the Ben Graham value investing school, the overall principle here is recognizable: price does not equal value.
Traders and speculators are concerned with price action; value investors care about long-term value. In this case, the long-term value was in a German market that had been underperforming for decades, even while the underlying economy was booming. As it happens, the market-friendly Christian Democrats came to power and ousted the ruling Socialists in 1982, triggering exactly the kind of bull market that Rogers was forecasting.
Why doing nothing is often better than doing something
Even conservative investors can fall prey to a fear of missing out on what they perceive as an opportunity to make easy money. Rogers expands on this point in the same interview:
“One of the best rules anyone can learn about investing is to do nothing, absolutely nothing, unless there is something to do. Most people - not that I’m better than most people - always have to be playing, they always have to be doing something.
Why doing nothing is often better than doing something
Even conservative investors can fall prey to a fear of missing out on what they perceive as an opportunity to make easy money. Rogers expands on this point in the same interview:
“One of the best rules anyone can learn about investing is to do nothing, absolutely nothing, unless there is something to do. Most people - not that I’m better than most people - always have to be playing, they always have to be doing something.
They make a big play and say, 'Boy, am I smart, I just tripled my money.' Then they rush out and have to do something else with that money.
They can’t just sit there and wait for something new to develop…I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.”
- Source, Guru Focus, Read More Here
Tuesday, January 22, 2019
Jim Rogers on Investing in 2019 and the US Debt Problem
He is the Chairman of Rogers Holdings and Beeland Interests, Inc. In 1973,
Jim co-founded of the Quantum Fund with George Soros and having retired at the age of 37, Jim spent some of his time traveling on a motorcycle around the world - a Guinness World Record and one which is documented in Investment Biker, a international bestselling book.
He has been a guest professor of finance at the Columbia Business School.
- Source, Economic Rockstar
Saturday, January 12, 2019
Jim Rogers: Prepare for Trouble in 2019
Since then, Jim has travelledextensively around the world, on motorcycle and by car, earning a place in the Guinness Book of World Records for his efforts.
He’s written several books on investing (as well as parenting after coming to fatherhood later in life), which detail his primary investment philosophies held over the last few decades, which, simpy put are, a focus on China (and Asia generally), as well as commodities, for which he founded the Roger’s International Commodities Index.
In accordance with these views, Jim moved his family to Singapore in 2007, as he wanted his daughters to grow up speaking Mandarin and being familiar with China/Asia, in order to maximize their ability to create a happy and prosperous life for themselves in the future. He is a vocal critic of the ‘bureaucrats in Washington’, especially when it comes to their addiction to debt, economic incompetence, and abuse of their power to issue currency.
As you’ll see in this discussion, he believes that similar behaviour by most major governments will have disastrous effects in the very near future(hence the bet on commodities).
Anyways, I’ve been following Jim’s work for many years, so it was a real pleasure to be welcomed into his home for a chat on a rainy day in Singapore.,” writes John Vallies.
- Source, Wall Street Window
Tuesday, January 8, 2019
Jim Rogers on Investing in 2019 and the US Debt Problem
Jim Rogers is an American businessman and financial commentator based in Singapore. He is the Chairman of Rogers Holdings and Beeland Interests, Inc.
In 1973, Jim co-founded of the Quantum Fund with George Soros and having retired at the age of 37, Jim spent some of his time traveling on a motorcycle around the world - a Guinness World Record and one which is documented in Investment Biker, a international bestselling book.
He has been a guest professor of finance at the Columbia Business School. In 1998 he created the Rogers International Commodities Index (RICI) and has been an outspoken advocate of agriculture investments. Between 1999 and 2002, Jim and his wife did another Guinness World Record journey travelling 116 countries in a custom-made Mercedes.
He wrote Adventure Capitalist following this around-the-world adventure. In 2007, Jim moved to Singapore due to the investment growth potential in Asia.
In this episode Jim shares some excellent advice about how you should approach investing and what the next 10 to 20 years could turn out for the global economy.
He suggests that North Korea, Russia and agriculture are contrarian bets that will have positive payoffs for those of us willing to go against the crowd.
Also, I ask him about his views on cryptos and blockchain and whether he as any advice for you if you feel stuck in your job or if you’re undecided about what you should do if starting out on your career path.
- Source, Economic Rockstar
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