November 23, 2014

I Grew Up Knowing It Was Not Easy To Get Money

When I went to Wall Street I was stunned by what I would hear. How trees can grow up to the sky. Stocks cannot go down. I grew up knowing it wasn't easy to get money and it wasn't easy to make money.

Related ETFs: SPDR Dow Jones Industrial Average ETF (DIA), SPDR SP 500 ETF (SPY)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.

Russian Sanctions Are Hurting Europe

These sanctions are not hurting everybody, but they're certainly hurting Europe, which is driving more and more people to look for competitors to the US dollar and the US banking system. In the end it's good for Russia. I don't like saying it. I'm an American like you are. But I have to deal with facts, not with propaganda and not with hope.

Related ETFs: iShares MSCI Emerging Markets ETF (EEM)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.

Russians Are Being More Capitalist Than The Western Capitalists

To Russia's credit, Russia has not been sitting around supporting the ruble in any big way. My view of markets is you let them clean themselves out, let the system find a clearing price. To my astonishment, the Russians are being more capitalist than the Western capitalists. They are letting the currency find its own bottom. That will change soon. It will find its own bottom, and then Russia will be a good place to invest.

Related ETFs: iShares MSCI Emerging Markets ETF (EEM)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.