Monday, April 16, 2018

Optimistic on agriculture specially in Russia and China

"Agriculture I’m very optimistic about worldwide, especially in China and especially in Russia. You see Mr Trump is making China great again, he’s making Russia great again. He claims he’s making America great again, but his trade wars are actually helping other people more than America. So I would certainly go agriculture worldwide, certainly in China, in Russia, probably even in Australia too. But I’m keen on Australia, I’m keen on Russia, I may buy more Japanese shares in the next rally whenever it comes. The Japanese market is down nearly 50 per cent from its all-time high, the US market is near to its all-time high. So I prefer to buy things that are cheap, rather than things that are near all-time highs."

Via Finance News Network

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.