Podcast: Futures Radio Show (with Jim Rogers)

Jim Rogers talks to Anthony Crudele on the Futures Radio Show.

Topics discussed: trade selection process, risk management and position sizing, asset bubbles and yield curves.

Russian Stocks

Right now, I'm buying a Russian stock for instance and that's exactly what I've been doing. I've been putting in limit orders for several weeks, it's not that active (stock).

Investing: The Way I Do It

I consider myself an investor where I buy things and I try to own them for years, preferably forever. That's my success, if I've had any. 

The way I do it: I find something that's cheap, usually if nobody's paying attention and if it's ignored it's cheap. But if you can find something that's cheap where there's positive change taking place, often you make a lot of money. So, that's my way of doing it.

South Korea: Tourism Is Going To Be Great

There's no stock market in North Korea, no market in the traditional sense but I'm very excited about the future of the Korean Peninsula. They don't have anything. Communism destroys everything. They don't have electricity, they don't have suits, they don't have chairs... 

Tourism is going to be great. Korea has not been on the tourist map. If people are sitting around in Europe thinking about where am I gonna go in Asia, I think of Japan, China, Bali, they don't think of Korea for historic reasons. But now people are going to start thinking about going to Korea.

Related ticker: iShares MSCI South Korea Index Fund ETF (EWY), Korean Air Lines Co Ltd (KRX:003490)

You're Gonna Be Successful In Your Own Madness!

You're not gonna be successful doing what your parents or your teachers or your friends tell you to. You're gonna be successful in your own madness. That's how people become successful. They do something they love, they don't listen to other people.

Electric Car Revolution: Lithium and Cobalt

Q: Let's back to the future now because we're in the middle of this electric car revolution that's creating a major shift in demand and supply in commodities for things like Lithium and Cobalt. So, is that kind of thematic investment that you're looking at and how is the best way to play it?

A: Well, yes the problem with those two that you mentioned are that there's no public market. You know, there's plenty of futures in Zinc and Copper but there's not futures in Lithium and Cobalt. So you have to be in the mines or buy the stuff itself which is not so easy for most people, including me. I had an interest in a company which had lithium mines but at the moment I have nothing.

Further reading:

"Stock Market: The Trump Put" 

"The Real Reason Why The Fed Cannot Raise Rates"
"The Coming Recession Will Be Bearish For Bonds"

My Process For Investing In Commodities

I'm more bullish on commodities than I am on American stocks for instance. So, the answer is overall yes but would I rush in and buy Zinc today? No, of course not! It's up 20 percent since August as you pointed out. What I like to do is find the commodities that are down the most and start looking there rather than ones are up the most.

Further reading:

"Stock Market: The Trump Put" 

"The Real Reason Why The Fed Cannot Raise Rates" 

"The Coming Recession Will Be Bearish For Bonds"