Wednesday, August 20, 2014

Agriculture promising as investment potential

Jim Rogers is known for being an accurate investor specially in commodities. When asked in a recent interview in Business Standard on which particular commodity he feels most bullish on, he said
"Agri commodities at the moment because their prices are down and have been down from a long time, which is leading to fundamental distortion in agriculture. Inventories, worldwide, are near historic lows as we have been consuming more than we have been producing."

When asked on some examples,
"Look at the ones that are down – rice, sugar. Find the ones that are down and research accordingly."