Deflation, debt, and demography will wreck any chance of recovery, and social disorder will follow closely on the heels of market chaos. The happy talk from Wall Street and the White House is an illusion. Legendary investor Jim Rogers and his fiancee travel to 116 countries in a custom-built, four-wheel-drive, bright yellow Mercedes. I don’t see any reason why China would not continue to grow. I don’t think China will stop itself from having electric cars and that means growth will continue. Agriculture offers an opportunity in China.

I don’t think most European countries are going to be terribly exuberant and successful in the future. I don’t like to say it, but if we look out the window of the West, all we see is debt. The United States is the largest debtor nation in the history of the world, no one has been so in debt. The last time we had a serious problem in the United States, the world’s largest market, before the pandemic was in 2008 and 2009, due to the financial crisis. A 12-year gap without a major problem for the stock market is the longest period in US history. We have never seen such a bull market, it could have lasted 50 years, but we are nearing the end.

Financial Goals & Details

Let’s say there’s chaos in China, which there might be. The only problem is that these are good Communists. It’s astonishing at how successful they’ve been. China’s been the best-run country in the world for 35 years. You may have read about the One Belt, One Road policy where they’re building infrastructure from China into Europe, a staggering program. They said at that conference that the U.S. and China are the same size geographically but the U.S. has 250 percent more miles of rail than we do.

Global investor Jim Rogers co-founded the Quantum Fund, a global-investment partnership. During the next 10 years, the portfolio gained 4200%, while the S&P rose less than 50%. Rogers then decided to retire – at age 37 – and has been sharing his wisdom with investors ever since, as well as having some pretty amazing life adventures.

Jim Rogers Quotes And Sayings

And they’re trying to move at light speed to become a modern economy. In February 2013 Rogers joined the board of advisors of the Coalition to Reduce Spending.In September 2015, how to setup a bitcoin wallet he left the Indian market saying “one can’t just invest on hope”. In 1970, Rogers joined investment bank Arnhold and S. Bleichroder, where he worked with George Soros.

Jim Rogers sees Singapore, picture here, as the one of the most successful countries in the world.. Let us know what’s wrong with this preview of Street Smarts by Jim Rogers. Let us know what’s wrong with this preview of Hot Commodities by Jim Rogers. Let us know what’s wrong with this preview of Adventure Capitalist by Jim Rogers. Let us know what’s wrong with this preview of Investment Biker by Jim Rogers.

Jim Rogers Expects The Worst Bear Market In His Lifetime And Owns Commodities

He tells of his adventures and worldwide investments in the bestseller Investment Biker. His journey in Quantum Fund ended in 1980 when Jim decided to quit the company and entirely dedicated his time to adventure. He spent most of the time riding on his motorcycle around different countries. Later, he joined Columbia Business School to work as a guest professor teaching finance. Maybe you know about Jim Rogers very well But do you know how old and tall is he and what is his net worth in 2022? If you do not know, We have prepared this article about details of Jim Rogers’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts.

  • Pfizer will utilize the enhanced financial flexibility to pursue organic and inorganic growth.
  • Additionally, the rise in energy prices implies further inflationary pressure.
  • Rogers is a long-term value oriented investor, preferring to buy companies that are relatively cheap, while also on the cusp of positive change.
  • My long experience has taught me that when dangerous expressions like “this time will be different” start to be used in the financial and economic world, it is time to really worry.
  • There are very few places in the world where there is money and expertise going into agriculture.

Jims trip makes ‘The Long Way Round’ look like a run to the grocery store. He thinks nothing of dropping by the local BMW dealer to pick up a new motorcycle on a whim, or buying a small country. He and his girlfriend decide to spend a couple of years traveling around the world on motorycycles. Reviews – Please select the tabs below to change the source of reviews. Your Premium Plus plan is $14.95 a month after 30 day trial.

Why Investor Jim Rogers Is Poking Around Uzbekistan

My thought at the moment is, as I said before, the dollar goes up, gold goes down, I buy gold. Then gold goes through the roof — but then you cannot keep your gold because then they’re going to do something. I don’t think they’ll confiscate it like they did in the 1930’s because, first of all, in the 1930’s it was the monetary system.

Please share with us, so we are able to improve your experience on the site. Also, don’t miss going through some of the suggested topics below. To read more articles and interviews with industry leaders, click here. This interview has been reproduced with kind permission of the 2011 Wealth Report by Knight Frank and Citi Private Bank. There are staggering amounts of untouched potential farmland in Brazil, the Ukraine and parts of Eastern Europe.

Be Financially Resilient

We still have to have human beings and maybe we are never going to have agricultural cycles again. We have had agricultural cycles for centuries and we will again because of weather, humans, diseases, all sorts of reasons,” he said. Russia, he says, will benefit from its exposure to both oil CL.1, +0.63%and agriculture. Rogers, who co-founded the Quantum Fund with George Soros, does like equities in Japan and Russia.

In February 2018, he reportedly predicted that the next bear market would be “the worst in our lifetime.” Tactical investors and those who buy individual stocks can benefit from studying the Magnificent Seven’s views on current markets and their high conviction stock picks. Although not addressed in detail here, perhaps their collective, timeless wisdom on investing principles is of greatest value. Jim Rogers believes that economic conditions are perfect for Asia to dominate the financial markets of the 21st century.

The Russian invasion of Ukraine has disrupted energy trade through the Black Sea. This has resulted in tanker nvidia 461 day-rates surging to the highest level since 2008. I also like Newmont because of the company’s assets.

I want to buy.” They weren’t smart enough. They bought at the bottom and they made huge amounts of money. That’s been what is a cold wallet for cryptocurrency the case in many of these things. When you wipe out the savings class, which they did, you ruin your society.

Jim Rogers Net Worth 2022: Age, Height, Weight, Wife, Kids, Bio

With an around the world adventure under his belt, he is the co-founder of the Quantum Fund and an International Commodities Index. He believes that financial sectors are transitory and will shift based on economic needs. That means what might bring tremendous economic wealth for one period will be at a disadvantage for another period.

He has been retired for a few years and off most investors’ radar. This makes access to his current thinking somewhat rare and precious. However, you can capture some of his thinking from his own website. Buffett said the best defense for individuals against a declining dollar is to grow your own personal earning power via your career skills. He said the second best way is to own good companies and cited one of the firm’s largest holdings, Coca Cola, as an example. Buffett added, “The value of the dollar since I was born has declined by 94% to 6 cents. So inflation is a very cruel tax on people who believe in fixed dollars.”

After all, as I pointed out yesterday talking with Jack Farley and FedGuy Joseph Wang, the market is hedging for something, not your run-of-the-mill everyday apprehension, either. So big this something that the other side of the market, those who might otherwise like to bet on Jay Powell and his view, they are not doing so. These are unique times, but when aren’t they?

New platforms allow you to invest in U.S. farmland by taking a stake in the farm of your choice. You’ll earn cash income from the leasing fees and crop sales. And of course, you’ll benefit from any long-term appreciation on top of that. If you’re on the fence about jumping in at a high price, you can build your own copper portfolio just by using digital pennies.

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