“Bonds are going to be a terrible place to be for the next 10, 20 years”-Jim Rogers
Jim Rogers reiterates that stocks are still expensive on a historical valuation basis in a conference in Seoul. Jim Rogers also believe stocks will be in a in a trading range “for years to come.”
Have we hit bottom….?
“I have started going back into the markets; that does not means it’s the bottom”
“We may be hitting ‘a’ bottom” Rogers said. “I don’t know if it’s `the’ bottom.”
What ahs he been buying since mid-October?
Commodities and equities in China and Taiwan, as well as “a Korea stock”
Rogers continues to like commodities over stocks as their fundamentals are “unimpaired”….
“You will see that stocks have gone down more so far than commodities. That will continue as far as I’m concerned.”
Source: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aXD.ktb8insw
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November 12, 2008
Appearances