All Things Jim Rogers

In his latest interview with the Globe and Mail, Jim Rogers reminds its readers that U. S Policymakers “don’t know what they’re doing.”  Jim Rogers continues to be bullish on commodities and for the first time in a long time is not shorting anything as the government continues to pump money into financial markets.

“I was not short very long – I unwound them two or three weeks later. I have no shorts for one of the few times in my life. Why? The market collapsed. You’re supposed to buy low and sell high – I hope your mother taught you that.”- Jim Rogers

With Jim Rogers, the more things change, the more they stay the same.

Mr. Rogers, the legendary investor, commodities guru and co-founder (with George Soros) of the Quantum Fund, has changed his tune from six months ago, when he was short-selling the market and complaining that slow-moving government policy makers “don’t know what they’re doing.” He recently announced that he unwound all those shorts (bearish bets that profit when prices decline) in the wake of massive global injections of government stimulus money and a bottoming-and-rebound in the world’s financial markets.

In fact, like a lot of investors, Mr. Rogers is even feeling confident enough to take on some new long positions. In what, you ask? Commodities. Even after a year of tumultuous and seemingly market-redefining ups and downs, the original commodity bull is still riding the horse he came in on.

Click here for the complete Jim Rogers Globe and Mail Interview

Related posts:

1. Long Sugar, But Getting Short Bonds Source: Index Universe: Jim Rogers Interview: Long Sugar, But Getting...
2. Jim Rogers Still Holds No Shorts, Selling U.S. Dollars Jim Rogers continues to see economic problems down the road...
3. Jim Rogers bets on near-term dollar rebound As mentioned in our previous posts, Jim Rogers is not...
4. Jim Rogers buys dollar, predicts $2000 gold by 2019 Jim Rogers buys dollar, predicts $2000 gold by 2019 Bulls...
5. Jim Rogers Bullish On Commodities, Not Stocks- Time Jim Rogers’ daughters may not have been born with silver...

Related posts brought to you by Yet Another Related Posts Plugin.