Jim Rogers at the Asian Financial Forum Jan. 19/20 2009 (10min.)

[LargoWinch]

Some of Rogers' comments:

"Most people need a bull market to make money" - Rogers

"The UK is in worse shape than the US." - Rogers

"In 15 years there will not be any oil at anyprice." - Rogers

"There will be a shortage of food." - Rogers

"Change your MBAs for farm degrees" - Rogers

"If you are a bond portfolio manager: find another job" - Rogers

"Governments' plan will fail" - Rogers

Part 1 (6min.31sec.)


Part 2 (3min.17sec.)

[BadJuju]

Re: Jim Rogers at the Asian Financial Forum Jan. 19/20 2009 (10min.)

Good stuff! Thanks, Largo.

iTulip - the farming co-op?! :eek:

[Chris]

Re: Jim Rogers at the Asian Financial Forum Jan. 19/20 2009 (10min.)

In today's FT..

Tell me about the UK’s next big growth industry
Published: January 27 2009 02:00 | Last updated: January 27 2009 02:00
From Mr Jim Rogers.

Sir, While reading my favourite newspaper over the weekend, I was interested to see I was mentioned a couple of times.

My quote that the UK “has nothing to sell” is exactly what I said (View of the Day, January 22), but it must be seen in context. It was in a paragraph wherein I was discussing the drying up of North Sea oil and the collapse of the financial system. The next sentence, “The UK has nothing to sell”, in that context meant: The UK has nothing to sell to make up for those two holes. I then went on to say that therefore the currency would suffer, so I think it was clear to everyone what I meant.

I would be delighted to know if I am wrong and there is something that will replace those two shortcomings. I and all your readers could then invest in it since it would be a great growth industry.

I also note that Gordon Brown accused me of talking my own book. I made it crystal clear to everyone last week that I have absolutely no position in anything in the UK either long or short so whatever happens will not affect me at all. Mr Brown once said: "A weak currency is a sign of a weak economy which is a sign of a weak government." Perhaps Mr Brown should examine his own book and find someone to attack besides neutral, objective observers.

I have not seen Ross Walker’s open letter, referred to in your Analysis article “All washed up” (January 24) but I do admire the Royal Bank of Scotland.

I did not mean to : “rile” him and am not looking for a debate since there is no need for one. If Mr Walker knows I have no rigour, he should just buy sterling. The market will let us know who is right over the next few years. The market is the judge of rigour that I use.

Jim Rogers,
Singapore

[LargoWinch]

Re: Jim Rogers at the Asian Financial Forum Jan. 19/20 2009 (10min.)

Follow-up:
Asian Financial Forum interview (20.01.09)