Most People Are Wrong Most Of The Time

"Most people are wrong most of the time. That's not great insight; it's been proved millions of times."

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Thoughts On The Australian Mining Tax

Further taxing resources is not going to bring out new supply, so it will hurt us all in the long run. Do you think politicians are going to find new supplies, much less develop them? If your government insists on taxing the golden goose, it should at least pay off debt so when the bad times come Australia will suffer less.

in The Sydney Morning Herald

Related: Rio Tinto plc (ADR) (Public, NYSE:RTP), BHP Billiton Limited (ADR) (Public, NYSE:BHP), Freeport-McMoRan Copper & Gold Inc. (Public, NYSE:FCX)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Move To Asia And Teach Your Children Chinese

"My suggestion is that people should move to Asia, and teach their kids how to speak Chinese"

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Australia Should Bring In People And Capital To Develop The Lucky Country

If I was Australia, I'd be doing everything I could to bring in people and capital to develop the lucky country. As for foreign investors? I would give them tickets to enter, because you want capital and expertise. Australia was developed mainly by immigrants. How many fifth generation Australians do you know?

in The Morning Herald

Related > iShares MSCI Australia Index Fund (ETF) (Public, NYSE:EWA)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

China Will Have A Lot Of Setbacks Along The Way, As Did America

Don't think I have starry eyes about China. It will have a lot of setbacks along the way, as did America. Since the 19th century America's had a horrible civil war, we had 15 depressions, we had periodic massacres in the street and, at times, very few human rights.

in The Sydney Morning Herald

Related: iShares FTSE/Xinhua China 25 Index (ETF) (Public, NYSE:FXI)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

I Would Urge Anyone To Buy A Farm

I would urge anyone to buy a farm. Farming has been a horrible business for 30 years, so there's fewer farmers and supply is under duress. At the same time all of Asia is becoming more prosperous, so you have demand going up when supply is under pressure.

in Sydney Morning Herald

Related investments: PowerShares DB Agriculture Fund (Public, NYSE:DBA), ETN ELEMENTS ROGERS INTL AGR SWEDISH EXPORT (Public, NYSE:RJA), Potash Corp./Saskatchewan (USA) (Public, NYSE:POT), Agrium Inc. (USA) (Public, NYSE:AGU)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

The Mangru Report: Video Interview

Latest Jim Rogers video interview.

Topics: Investment opportunities, hard currencies, real assets and the sovereign debt situation

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

The Best Place To Have Your Money

“The best place to have your money is in either sound currencies or real assets. For my money, real assets are a better place to be because, throughout history, when governments have started printing a lot of money, the money has gone into real things – whether that’s silver, or cotton, or natural gas – something that’s real that people can use. Putting into paper money at a time when paper money is being debased all over the world is usually not a good thing to do.”

in BullSource.com

Related: United States Natural Gas Fund, LP (Public, NYSE:UNG), iShares Silver Trust (ETF) (Public, NYSE:SLV)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Societies Go From Dictatorship To Oligarchy, To Democracy, To Chaos And Back To Dictatorship.

Plato said in The Republic that the way societies revolve is they go from dictatorship to oligarchy, to democracy, to chaos and back to dictatorship. China is in the early stages of oligarchy. And, America, if it's not careful, is heading for chaos.

in The Sydney Morning Herald

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Investing Maxim: Most People Are Wrong Most Of The Time

"Most people are wrong most of the time. That's not great insight; it's been proved millions of times."

in The Sydney Morning Herald

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

The Next Time America Has a Recession...

''Next time we have a slowdown, or a recession. America has shot its wad. Ben Bernanke can't keep printing money - the world is going to run out of trees at the rate he's printing money.''

in Sydney Morning Herald

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Australian Dollar And Gigantic Debts

As for Australia the only disappointment I`ve had is that your politicians are as bad as the ones in America. If the Australian government keeps running up such gigantic debts, the lucky country is going to run out of luck.

If the Australian economy keeps taling on debt, the next time there is a bear market, the Australian Dollar will collapse.

in Sydney Morning Herald

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Karl Marx Is Probably Dancing Somewhere

Karl Marx is probably dancing somewhere. Because, in America right now, the government owns the automobile industry, the insurance industry, the mortgage industry and the banking industry. The government suddenly owns huge parts of the American economy - that's what Karl Marx said he wanted, and he didn't have to fire a shot.

in The Sydney Morning Herald

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

China Is One Of The Best Run Countries In The World

China is one of the best-run countries in the world right now and that's just based on results. They call themselves communists but they're among the best capitalists in the world.

These trips (in the 80`s and 90`s) brought home to me, that China was not a communist country. They were not horrible bloodthirsty people, they were extremely hardworking people. Despite what they called themselves, they were capitalists.

in The Sydney Morning Herald

Related: Morgan Stanley China A Share Fund, Inc. (Public, NYSE:CAF), iShares FTSE/Xinhua China 25 Index (ETF) (Public, NYSE:FXI), China Mobile Ltd. (ADR) (Public, NYSE:CHL), PowerShares Gld Drg Haltr USX China(ETF) (Public, NYSE:PGJ), Aluminum Corp. of China Limited (ADR) (Public, NYSE:ACH)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

I Expect Gold To Go Much Higher

"I certainly expect gold to go much higher over the next few years. Paper money is going to be debased and the price of real assets will be enhanced. I don't see the new commodity supplies coming that will end the bull market."

in Economic Times

Related: SPDR Gold Trust (ETF) (Public, NYSE:GLD), Market Vectors Gold Miners ETF (Public, NYSE:GDX), iShares Silver Trust (ETF) (Public, NYSE:SLV)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

The Euro Bailout Was A Terrible Thing To Do

"It was a terrible thing to do, it ensures that the euro will disappear some day because now it means anyone can do whatever they like because they're going to be bailed out.

I own the euro but after what they did the other day I'm having serious second thoughts. The euro will continue to corrode from within and someday we won't have a euro at all."

in Reuters.com

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

If The Fundamentals For Commodities Were Not Good, Prices Would Not Go Up

"If the fundamentals weren't right the price would not go up. Many people invested in commodities in the 1980s and 90s and didn't make any money because the fundamentals were bad, now people are investing and making money because the fundamentals are good."

in Economic Times

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Oil Prices Are Going Much, Much Higher

"Oil supply is going down faster than demand, known reserves are in decline and while that continues to happen oil prices are going to go much, much higher"

in Economic Times

Related stocks and ETF`s: United States Oil Fund LP (ETF) (Public, NYSE:USO), iPath S&P GSCI Crude Oil Total Return (Public, NYSE:OIL), PowerShares DB Oil Fund (ETF) (Public, NYSE:DBO), Transocean LTD (Public, NYSE:RIG) and Diamond Offshore Drilling, Inc. (Public, NYSE:DO), Murphy Oil Corporation (Public, NYSE:MUR), Exxon Mobil Corporation (Public, NYSE:XOM), ConocoPhillips (Public, NYSE:COP)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

More Debt Is Not The Solution

"You cannot solve a problem of too much debt and too much spending with more debt and more spending - it defies comprehension."

in New York Post

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Paper Money Is Being Debased Everywhere

"All we can do is to put our money into real assets because paper money everywhere is being debased"

in Bloomberg, May 13

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Euro: They Don’t Care If They Have A Sound Currency

“This means that they’ve given up on the euro, they don’t particularly care if they have a sound currency, you have all these countries spending money they don’t have and it’s now going to continue.

It’s a political currency and nobody is minding the economics behind the necessities to have a strong currency. I’m afraid it’s going to dissolve. They’re throwing more money at the problem and it’s going to make things worse down the road.”

in Business Week

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Bloomberg Video Interview, May 10

May 10 (Bloomberg) -- Jim Rogers, chairman of Rogers Holdings, talks with Bloomberg's Susan Li about China's currency policy. Rogers, speaking from Singapore, also discusses the prospects for a bailout of Greece, the outlook for the euro, and his investment strategy for global stocks and commodities. (Source: Bloomberg)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Comments On The Recent Sell Off

Airtime: Fri. May 7 2010
Legendary investor Jim Rogers says he believes today's market action was the beginning of a correction that could last a while.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

EU Emergency Measures And The Euro

"I own the Euro, I hope it rallies. There are gigantic short positions in the Euro, but I would have said that a week ago too and it went down. In the end, I don`t think the Euro will survive, 10 years, 15 years from now. But at the moment it will probably have a rally"

in Bloomberg, May 10

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Someone Should Hang NYSE

“Somebody should hang this New York Stock Exchange. They claim to be the center of the world’s capitalism, of the world’s financial markets, you would think that in 2010 they could sort out simple things like electronics.”

in CNBC

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Bloomberg Video Interview: Currency Crisis And The US Stocks Sell Off

Related ETF`s: SPDR S&P 500 ETF (Public, NYSE:SPY) and ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS), iShares MSCI Emerging Markets Indx (ETF) (Public, NYSE:EEM)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Video: Sell Off In US Stocks

May 7 (Bloomberg) -- Investor Jim Rogers talks with Bloomberg's Susan Li about the selloff in U.S. stocks.

Rogers, Singapore-based chairman of Rogers Holdings, said the slump in stocks yesterday is a "normal correction" after a rally from last year’s low and not a reflection of panic among investors. Rogers also discusses Greece's debt crisis and his investment strategy. (Source: Bloomberg)

VIDEO LINK

00:00 Slump is "normal correction"; currencies
01:22 Investment strategy; Greece debt crisis
Running time 03:56

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Its A Normal Correction, Not A Panic Yet

“The market’s overdue for a sell-off. Being down 3 or 4 percent is a big, big number but that’s hardly panic, not yet.”

in Bloomberg

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

If World Economies Do Not Improve, Governments Are Going To Print Even More Money

Let’s assume world economies do not get better, then I would rather be in commodities in most things because governments are going to print even more money, and whenever you have printed money throughout history, it has led to higher prices for real goods whether it is silver or natural gas. So, I would rather own commodities than most things in the world in the next two or three years.

in Economic Times

Related ETF`s: United States Natural Gas Fund, LP (Public, NYSE:UNG) and iShares Silver Trust (ETF) (Public, NYSE:SLV)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

China Is Taking Smart Measures

There is no question that China is already trying to cool things up and they should. They are doing the right thing. They have raised reserve requirements three times, they have raised interest rates, they are putting out some pretty serious measures, they are cooling off the housing bubble which has developed in urban cost of real estate in China. So yes, China is taking smart measures.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Shorting US Stocks, Emerging Markets And A Western Bank

"I am shorting a stock market index in the US, I am shorting an emerging market index and I am shorting one of the large western international financial institutions.

It is an emerging market index; it is not a specific country. It is an index of many emerging markets and that is mainly because the emerging markets have grown more than most things here during this big recovery. So that is where some of the excesses are developing.

As far as the large western banks is because it is a bank which people think is extremely sound if I am right, there are going to be more currency problems and more turmoil in the markets, it will have to come down."

in Economic Times (India)

Related ETF`s: iShares MSCI Emerging Markets Indx (ETF) (Public, NYSE:EEM), SPDR S&P 500 ETF (Public, NYSE:SPY), ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Currency Crisis.

The currency crisis has been going on for a while. It did not start this week. It has been happening for a while. It started with, maybe depending on how you want to look at it, with Iceland or Latvia or many other countries who have been having problems, and the currency crisis is continuing and is going to get worse. This is not the end. Over the next year or more, we are going to see more. So prepare yourself.

in Economic Times

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Can Greece Default In 5 Years?

"I doubt it in 12 months' time, there's too much money being thrown at them right now. Can they default in five years? Yes, and they probably will."

in QFinance

Related stocks: National Bank of Greece (ADR) (Public, NYSE:NBG), Hellenic Telecom Organization S.A. (ADR) (Public, NYSE:OTE)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Where Are We In The Commodity Bull Run?

It’s certainly not the 6th—it’s more like the 5th inning of a nine-inning ball game. Things are actually getting more bullish because the supply situation of all commodities, instead of improving by now, is still deteriorating. Normally you’d think you’d start to see new supplies coming, but known oil reserves continue to decline at a steady rate. The world is not finding nearly as much oil as it’s using every year.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

If Katla Blows, Buy Agriculture

"If (Icelandic volcano) Katla blows, we don't know what will happen. If it did explode, that will be bad for world economies and at that point, probably agriculture will be the best thing to buy"

in CNBC

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.