Monday, November 6, 2017

Jim Rogers is a director of a Russian fertilizer company

Jim Rogers mentions in an interview from Singapore about being bullish Agriculture for a while,

"I'm extremely bullish on agriculture. That hasn't made me any money yet. Well it has a little bit because one of my largest shareholdings - a large - well, it's not one of my largest, but I am a director of a Russian fertilizer company which is making all-time highs or near all-time highs, which is pretty astonishing given that it's Russia and everybody hates Russia, as you well know. In fact I'm startled that all of my Russian stocks making all-time highs. 
And this is a hated market. So it's something I have learned. If you buy something that's hated, chances are you're going to make a lot of money down the road."

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.