Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Saturday, April 29, 2017
Mining Stocks: Is There a Risk of Nationalization?
I do not think there is much risk of mine nationalization. There may be in some countries where there is internal political problems. I am just racing around the world in my brain trying to think where somebody may nationalize mines and I do not see that happening. I do not see that as a very serious risk.
Friday, April 28, 2017
Russian Stocks Are Still Cheap
At the moment you should buy Russia and not buy China. I still own China, I am still bullish but if you are looking for something to buy, Russia is still very cheap. Russia is one of the most hated markets in the world, it is very, very hated as you know.
Why You Shouldn't Buy India Right Now
The Indian stock market is not cheap. I do not like to buy things that are going straight up, making all time highs. As I have seen many times in my life, when people jump on a moving train, you are probably going to get hurt. (iShares MSCI Emerging Markets Index ETF (EEM))
Wednesday, April 26, 2017
Indian Stock market: "I Should Have Been More Patient"
I should have been more patient. Mr. Modi told us he was going to get it done, I would have stayed around: "Jim Rogers is repenting he sold India early; but will stocks still deliver?"
Related: WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Emerging Markets Index ETF (EEM)
Related: WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Emerging Markets Index ETF (EEM)
India: I Should Have Stayed Around
Where I have made a mistake was that Mr. Modi campaigned that he would do all sorts of reforms, but for some time he did nothing. I was disappointed by his inaction and so I sold out my Indian shares. I should have been more patient. (WisdomTree India Earnings Fund ETF (EPI), BSE Sensex)
Monday, April 24, 2017
Not Jumping Into Markets Making All-Time Highs
I own markets like Japan (iShares MSCI Japan ETF(EWJ)), China (iShares FTSE/Xinhua China 25 Index ETF (FXI)) and Russia (Market Vector Russia ETF Trust (RSX)) that are not making all time highs and if the rally continues I hope I make a little money as well but I am not jumping into markets making all time highs.
Indian Stock Market: Not Wise To Jump Into A Moving Train
The Indian stock market is not cheap. I do not like to buy things that are going straight up, making all time highs. As I have seen many times in my life, when people jump on a moving train, you are probably going to get hurt. (WisdomTree India Earnings Fund ETF (EPI), BSE Sensex)
Friday, April 21, 2017
The Next Economic Crisis
When the next crisis comes, it is going to be the worst in our lifetime and I am probably older than you are, it is going to be the worst crisis in my lifetime.
Thursday, April 20, 2017
Eventually Gold Will Move Much Higher
Eventually Gold will move much higher. Through out history when people lose confidence in the government or in the currency, they always go to gold and silver. (iShares Silver Trust ETF (SLV), SPDR Gold Trust ETF (GLD))
Wednesday, April 19, 2017
Trump Will Debase The U.S. Dollar
Mr. Trump has said that the U.S. Dollar is too high, he is going to destroy and debase the U.S. Dollar.
Stock Market, U.S. Economy & Trump
He promised that he was going to get American companies to get all the money that they have deposited off-shore with tax incentives but so far any of that has happened and that is one of the things that made the stock market go up. So far, none of that has happened and the economy continues to get worse. (SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Russell 2000 Index ETF (IWM)
Tuesday, April 18, 2017
The Economy Does Not Seem To Be Booming. Why Are Stock Doing So Well?
The U.S. stock market is hitting all-time highs, which is a bit peculiar given the state of the world and the state of the economy. The economy does not seem to be booming, it's all based on expectations. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY), Technology Select Sector SPDR ETF (XLK), Health Care SPDR ETF (XLV), Energy Select Sector SPDR ETF (XLE))
Wednesday, April 12, 2017
Russia Is Still Very, Very Cheap
At the moment you should buy Russia and not buy China. I still own China, I am still bullish but if you are looking for something to buy, Russia is still very cheap. Russia is one of the most hated markets in the world, it is very, very hated as you know. (iShares MSCI Emerging Markets Index ETF (EEM), Market Vector Russia ETF Trust (RSX), iShares FTSE/Xinhua China 25 Index ETF (FXI))
Tuesday, April 11, 2017
Trump: I'm a Little Bit Confused
I am a little bit confused. Maybe Mr. Trump is confused too. He has promised dozens of times that he would start a trade war with China, in this first day in office he would impose a 45% tariff, he would start a trade war with Mexico and Japan and none of that has happened, so I am not quite sure of what has happened to Mr. Trump. Maybe he is just a politician like the rest of them.
Monday, April 10, 2017
India: It Has Been A Disappointment
Mr. Modi has been a disappointment. I bought Indian shares when it looked like he was going to win but I sold them. He has not done anything. And that demonetization thing, I mean, that was just theft. (WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Emerging Markets Index ETF (EEM))
Thursday, April 6, 2017
The U.S. Dollar Will Go Higher
I own a lot of U.S. Dollars because turmoil is coming and the Dollar will go higher, it will get overpriced and may even turn into a bubble.
A Safe Haven for Savers
In the end the savers safe haven is agriculture. Have a farm and learn how to be a farmer. (PowerShares DB Agriculture Fund (DBA))
Wednesday, April 5, 2017
Video: The Road to Wall Street
The Road to Wall Street: From the early days in Alabama to Wall Street.
- how Jim Rogers took a 75 percent pay cut to start the fund with George Soros;
- the remarkable performance (4200 percent in 10 years) alongside George Soros;
- the decision to leave Wall Street and go driving around the world;
Tuesday, April 4, 2017
Mine Nationalization: Is It a Serious Risk?
I do not think there is much risk of mine nationalization. There may be in some countries where there is internal political problems. I am just racing around the world in my brain trying to think where somebody may nationalize mines and I do not see that happening. I do not see that as a very serious risk. (Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Goldcorp (GG), Freeport-McMoRan Inc (NYSE:FCX), Novagold (NG), Barrick Gold (ABX))
Monday, April 3, 2017
Favorite Emerging Market
As soon as oil stops going down, I hope that I am smart enough to buy a lot of Rubles. (iShares MSCI Emerging Markets Index ETF (EEM), Market Vector Russia ETF Trust (RSX))
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2017
(215)
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April
(21)
- Mining Stocks: Is There a Risk of Nationalization?
- Russian Stocks Are Still Cheap
- Why You Shouldn't Buy India Right Now
- Indian Stock market: "I Should Have Been More Pati...
- India: I Should Have Stayed Around
- Not Jumping Into Markets Making All-Time Highs
- Indian Stock Market: Not Wise To Jump Into A Movin...
- The Next Economic Crisis
- Eventually Gold Will Move Much Higher
- Trump Will Debase The U.S. Dollar
- Stock Market, U.S. Economy & Trump
- The Economy Does Not Seem To Be Booming. Why Are S...
- All Bull Markets Need Corrections
- Russia Is Still Very, Very Cheap
- Trump: I'm a Little Bit Confused
- India: It Has Been A Disappointment
- The U.S. Dollar Will Go Higher
- A Safe Haven for Savers
- Video: The Road to Wall Street
- Mine Nationalization: Is It a Serious Risk?
- Favorite Emerging Market
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April
(21)