Jim Rogers Looks Brilliant Right About Now: March 14, 2007. BRILLIANT!!!
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His latest on Bloomberg. Let the banks fail
http://www.bloomberg.com/avp/avp.ht...//media2.bloomberg.com/cache/v1yQTu2Ffw3w.asf
I think Jim's brilliant.
There's more than enough information out there about him to see what his trades/past ideas have been. Investment Biker, Adventure Capitalist, Hot Commodities. And many other interviews, like Money Masters of our time, Market Wizards, Inside the House of Money.
He was calling this collapse years ago. Anyone that thinks he's like an omni god, without fault, or never makes a trading error, you're expecting too much (consider Buffetts newest letter, losing money on irish banks, and some of his stock positions).
The value with Jim is understanding *why* he puts on a trade, or his thinking behind it. What the principle at work is. He sees these big 10-20 year shifts...like finance/paper shuffling to commodities, agriculture. Sure, his commodities are down. But you still would have made more buying commodities in 98 through 09, than stocks 08, 09.
The idiots on tv dont understand this (cnbc, bloomberg). They just look at the commodity decline in 08, but you're still miles ahead of stocks. They miss the underlying reasons and principles at work.
Pay attention to the big shifts and big concepts he sees.
There's more than enough information out there about him to see what his trades/past ideas have been. Investment Biker, Adventure Capitalist, Hot Commodities. And many other interviews, like Money Masters of our time, Market Wizards, Inside the House of Money.
He was calling this collapse years ago. Anyone that thinks he's like an omni god, without fault, or never makes a trading error, you're expecting too much (consider Buffetts newest letter, losing money on irish banks, and some of his stock positions).
The value with Jim is understanding *why* he puts on a trade, or his thinking behind it. What the principle at work is. He sees these big 10-20 year shifts...like finance/paper shuffling to commodities, agriculture. Sure, his commodities are down. But you still would have made more buying commodities in 98 through 09, than stocks 08, 09.
The idiots on tv dont understand this (cnbc, bloomberg). They just look at the commodity decline in 08, but you're still miles ahead of stocks. They miss the underlying reasons and principles at work.
Pay attention to the big shifts and big concepts he sees.
JR's call was almost exactly 2 years prior to today (25 months, to be precise).
He's not lucky; he's good. He understands the psychology of herds.
He's not lucky; he's good. He understands the psychology of herds.
JR is one of the best.
He called the Russia bubble and burst perfectly. His words were almost prophetic. Read this article and tell me he's not brilliant.
http://www.reuters.com/article/ousiv/idUSL1450841620070314
I don't know of anyone else who made such an accurate call on Russia.
He called the Russia bubble and burst perfectly. His words were almost prophetic. Read this article and tell me he's not brilliant.
http://www.reuters.com/article/ousiv/idUSL1450841620070314
I don't know of anyone else who made such an accurate call on Russia.
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I interviewed him late spring 08 at his place in Singapore. Great interview. Straight shooter. His calling the Federal Reserve a pawn shop was a great line.