Wednesday, July 19, 2017

How Jim Rogers positions himself


I own a lot of U.S. dollars, I short junk bonds, the agriculture has been depressed for a while, I own China — although some parts of the Chinese 
economy will collapse, others parts of the Chinese economy will be fabulous. 

The government is spending unbelievable amounts of money to clean up the pollution. Those cleaning up China’s massive pollution will do well even if Europe disappears. Some parts of the Chinese economy will do well no matter what, others will go bankrupt. Russia is hated but I am optimistic about the changes in Russia. There are places that are depressed that one can put in money. I own gold and silver although I am purchasing more at the moment. There are many opportunities, I am just too lazy to get to all of them.


via www.forbes.com/sites/prestonpysh/2017/06/21/an-interview-with-jim-rogers-of-course-we-are-in-a-stock-market-bubble/2/

Monday, July 17, 2017

FDIC is bankrupt

...The European banks are going to have problems, some will go bankrupt, but American banks have problems too. 

The U.S. Federal Deposit Insurance Corporation is bankrupt, and while it is still there, once the bank system starts having problems, it cannot meet its obligations.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Thursday, July 13, 2017

"Its different this time"


You see throughout history that all bubbles look the same. When you see that everyone is doing the same thing, that is when you have to be aware. The most dangerous words in the investing world are “it is different this time.” It is never different. I am not the first person to figure this out.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Wednesday, July 12, 2017

Jim Rogers on India and Indian Agriculture

There are one billion Indians. You and I know about the IT in India, but that is such a small part of the Indian population. The Indian government loves to say things are great, but when you actually visit the country, you will see that things in India are not that great. I have occasionally invested in India, sometimes get it right, and usually have gotten it wrong because of the timing. India has a lot of debt that the government does not like to talk about. The debt to GDP ratio is very high in India, which means that they cannot grow at a rapid rate.

India growth potentials

Unfortunately, I do not see a lot of sustainable growth in India. We never see Indian products in the U.S. market. I doubt you could name more than one or two Indian-brand products in your home. This is because they have not had great manufacturing success. India used to be one of the great agriculture countries in the world because of its soil and weather, but the government restricts the Indian farmers to owning only 12 acres. They cannot compete with other farmers who own a lot more land. The Indian government protects many parts of the economy. This is one of the reasons that India has not done as well as others.


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Monday, July 10, 2017

US Central Banks vs World Central Banks

.....Part of the reason why the U.S. dollar is so strong is that the other countries’ central banks are so bad. The head of the Japanese central bank said they will print unlimited amounts of money if they have to. Anybody thinking about the Japanese yen has to think about unlimited amounts of money along with staggering internal debt. 

The Euro is a wonderful concept but its execution has been hopeless. Although the U.S. dollar is a terribly flawed currency, many people consider it a safe haven for historic reasons. You look around the world, and there are not many better alternatives. People put money in the U.S. dollar, and the dollar is going to get overpriced as the turmoil worsens.

Friday, July 7, 2017

Spotting investment opportunities in depressed assets

I have learned that the more people ridicule and question you, you are probably onto a good thing no matter what it is. If you are observant and notice a change and that change is something cheap and ignored in the way that the Danish Krone was in the past, you are probably going to make a good investment.

Whatever people are doubting may be an investment opportunity. Agriculture in the United States is pretty depressed right now. This may be an area where there is an investment opportunity. However, you should be cautious about investing in an area just because it is depressed right now because that area could stay depressed for a very long period of time. This is why you have to find a change that is taking place as well. If you can find something cheap and if you can find a positive change, maybe you should do more homework and find an investment.

The change, or catalyst, could be anything. I want to emphasize that even when you see the catalyst, it is futile if everyone else sees it too and the effects come in quickly. It usually takes a while for the catalyst to work its way through.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.