Tuesday, July 3, 2018

We are going to have a Trade War. Nobody has won a Trade War.

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Topics discussed:

-Long agriculture thesis and the average age of a farmer matters. Someone has to be a farmer.

-Stock market index investing is a lazy man's tool, even Jim Rogers uses them. Indexing is valuable but could distort stock prices of stocks within the index. Stocks that are not in the index could be hidden gems, if you can find them.

- China has issues with water supplies, pollution, and the ratio of men to women. Anything in short supply increases in value. Status of women could go through the roof.

- President Trump seems to be keen on Trade Wars and we are going to have a Trade War. President Trump seems to believe that Trade Wars are a solution to many problems. So you should be worried.

-And others......

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