My parents taught me to buy low. Russia is low. Russia is hated, it is probably the most hated stock market in the world right now. It is hated, it is cheap! When I see something that its hated and its cheap, I think about buying. (Market Vector Russia ETF Trust (RSX), iShares MSCI Emerging Markets Index ETF (EEM))
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
Friday, August 26, 2016
Thursday, August 25, 2016
Alternative Energy Is Not Competitive
There is alternative energy but it is not very competitive if crude oil is at 50 dollars a barrel. Most alternative energy has to be subsidized by some government wether it is sun power, wind power, they are not great yet.
At 300 dollars a barrel for crude oil they will be very competitive but at the moment we have 50 dollar a barrel oil. (PowerShares WilderHill Clean Energy ETF (PBW), United States Oil Fund LP ETF (USO), Nymex Crude Oil futures)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
At 300 dollars a barrel for crude oil they will be very competitive but at the moment we have 50 dollar a barrel oil. (PowerShares WilderHill Clean Energy ETF (PBW), United States Oil Fund LP ETF (USO), Nymex Crude Oil futures)
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.
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