deuxsous

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  • Jim Rogers' Picks and Pans - Barron's Interview
    Rogers is a boorish blowhard, but he understands that the inflation cycle has another decade or more to run. He was negative on investing "IN" China for a long time because of the legal system and lack of financial transparency. He said he'd rather invest in things they were going to buy so much of that they had to go up in price. I still think that is a better plan than investing "IN" China.

    My guess is he got angry with the US because a lot of his commodity fund clients in the US and Europe got caught and lost a lot when the "famous" brokerage Hillary made her cattle killing on went belly up.

    Singapore is a good place to trade from, and the climate is no worse than NYC in the summer. He can fly all over Asia to bad mouth the US and get new clients. He'll fit right in in the rich Maylasian highlands in the summer...... A nice country club life for an aging billionaire who's burned his bridges here.
    Apr 15 16:56 pm |Rating: 0 0 |Link to Comment |View article

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