Best Investment For The Next 50 Years

Jim Rogers answer some rapid-fire questions on where to invest for the next 50 years.

(1) Kospi 200 or Nikkei 225?
(2) Bitcoin or Graphene?
(3) FANG* stocks or BAT** stocks?
(4) S&P 500 Index or RICI***?

* Facebook, Amazon, Netflix and Google
** Baidu, Tencent and Alibaba
*** Commodities Index

The Best Capitalists In The World

They call themselves communists, but they are probably the best capitalists in the world in 2018/2019. California is more communist than China is, Massachusetts is more communist than China.

“I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.” 
- Jim Rogers

Blockchain & Crypto Currencies

Blockchain has a great future. Blockchain is changing everything we know. It's going to change even more. Blockchain is going to put a lot of people out of work but a lot of people lost their jobs because of electricity. And electricity turned out to be a good thing for all of us. Likewise with blockchain. 

That's different from cryptocurrencies. Cryptocurrencies are going to disappear, and go to nothing. But blockchain is going to be wildly successful and important.

Trump Was Wrong To Pull Out Of The TPP

President Trump pulled out of the Trans-Pacific Partnership (TPP) and the Chinese looked around and said, "Well, that means we're the only ones left." So, they can take over Asia now. Maybe that's what Mr. Trump is thinking to make America great but it is doing a lot to make China great because now they don't have any major rivals in Asia and the Pacific.

US - China Trade War

The Chinese are going to become self-sufficient in many things which means that MANY American companies will lose their markets! I think this is going to hurt America rather than help us! 
- Jim Rogers in a recent video interview with RT.com.

Favorite Book: Security Analysis by Ben Graham

The book that I still to this day tell people to read is Security Analysis by Ben Graham. I read it decades ago. Short of that, The Intelligent Investor by Graham and Dodd. Graham's ideas of investing in fundamentals and cheap stocks, I realized that's the that's the kind of investor I was, that's what I loved and thought was great. So, I recommend that book when people ask me what book to read or books to read I tell them about Ben Graham.