Tuesday, January 22, 2019

Interest Rates Are Still Very Low

Anybody who thinks these interest rates are high needs to go back and do a little history because these interest rates are the lowest in recorded American history. I mean we never had interest rates this low, this long (the last four or five years). So these are anything but high interest rates on a historic basis. 

That's true everywhere in the world. Interest rates were negative in some countries in the world. Japan has never had such low interest rates, much of the world has never ever had such low interest rates. So, if you think these interest rates are high please do some homework.

Rising Interest Rates Will Ruin Lots Of People

Interest rates at least in America have a long history of long, long cycles. We're now headed up again and interest rates are going to go much, much, much higher over the next few decades and it's gonna ruin a lot of people.

Thursday, January 17, 2019

Life Is Short. Ride Hard & Far.

“Life is short. Ride hard and far. Make it happen."
- Jim Rogers

Wednesday, January 16, 2019

U.S. & China Could Do Fabulous Things Together

Everywhere I've ever been in China the Chinese love Americans and America. They don't like Washington necessarily, I don't like Washington necessarily. But it's just amazing because together we could just do fabulous things together and Washington keeps messing it up.

Tuesday, January 15, 2019

Life In Asia

I realized when I first came to China in the eighties that China would be the next great country in the world and I used to tell people to teach their children Mandarin. Both of my daughters are fluent in Mandarin. The little one is just now in a Chinese movie as a matter of fact.

Friday, January 11, 2019

Global Fintech Innovation Summit

Tomi Wen (Huobi China CEO) have been awarded the "Distinguished Blockchain Individual" at Global Fintech Innovation Summit and the award was handed out by Jim Rogers.

Thursday, January 10, 2019

Markets: You Are Going To See Bankruptcies in China

In 2008 China had huge amounts of money saved for a rainy day. It started raining and they started spending the money and helped save the world.

But now even China has debt. China has a lot of debt so in the next time around you gonna see Chinese companies with debt to deal with. The good news is Beijing has said they are going to let them go bankrupt. I hope they mean it. In America we don't let people go bankrupt but in China they say they are going to let people go bankrupt. I hope so. It will be a shock to a lot of people including me and I just told you it's going to happen. You are going to see bankruptcies in China because they have a lot of debt now.

Tuesday, January 8, 2019

The Digital Economy Is Going To Change Everything

The digital economy is going to change dramatically everything we think we know. My children will never go to a bank, a post office, a doctor and things we don’t even know about.

It’s going to be exciting, I hope we get it right.

Friday, January 4, 2019

2018: Best Investing Quotes (Part 2)

Here's the second part of the best investing one-liners from Jim Rogers in 2018, sorted by topic.

On investing and timing:

"Historically when there's a huge short position in anything it goes up."

On the Federal Reserve:

"First of all, we have a central bank which has no clue what it's been doing and probably also not what it will do in the future."

"When things go wrong they're gonna make more mistakes."

On politics: 

"Certainly nobody wants to be a communist and if they want to be a socialist, they want to be a rich socialist." 

"No communist nation or a communist country has ever succeeded."

Thursday, January 3, 2019

2018: Best Investing Quotes (Part 1)

Here's a collection of the best investing one-liners from Jim Rogers in 2018 by topic.

On trade wars:

Trump, in his brain, thinks he can win a trade war and that a trade war is good for him. 

Nobody's ever won a trade war, history is very clear about the effects of trade wars.

About crude oil:

Crude oil is in the process of making a complicated bottom.

It will go higher because reserves are declining everywhere in the world except fracking but that bubble the fracking bubble broke.

On commodities:

Sugar, believe it or not, is down something like 80% from its all-time high.

The highest rate of suicide in the UK is in agriculture.

On emerging markets:

Exciting things are happening in Venezuela right now.

Korea is probably going to be the most exciting country in the world once North Korea opens which will and very soon.

About investing in general:

Historically when there's a huge short position in anything it goes up. 

Only invest in what you, yourself know a lot about.

Have a great 2019!

Life & Investing: Embrace Change

Those who can not adjust to change will be swept aside by it. Those who recognize change and react accordingly will benefit.
If anybody laughs at your idea, view it as a sign of potential success!

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