The eternal dilemma, whom to follow. Cramer has been spectacularly successful with his model portfolio, which is not that easy to replicate, even with low or non-existent commissions/transaction costs.
Showing posts with label Jimmy Rogers. Show all posts
Showing posts with label Jimmy Rogers. Show all posts
Saturday, October 26, 2013
Two Dualing Gurus Cramer and Jimmy Rogers
http://jimrogers-investments.blogspot.com/2013/10/artificial-sea-of-liquidity.html
Sunday, June 19, 2011
Jimmy Rogers Interviewed by Dylan Ratigan!
http://jimrogers-investments.blogspot.com/2011/06/video-greece-is-bankrupt-protect.html
[from Wikipedia] Rogers was born in Baltimore, Maryland and raised in Demopolis, Alabama.[1][3] He started in business at the age of five by selling peanuts and by picking up empty bottles that fans left behind at baseball games. He got his first job on Wall Street, at Dominick & Dominick, after graduating with a bachelor's degree from Yale University in 1964. Rogers then acquired a second BA degree in Philosophy, Politics and Economics from Balliol College, Oxford University in 1966.
In 1970, Rogers joined Arnhold and S. Bleichroder. In 1973, Rogers co-founded the Quantum Fund with George Soros. During the following 10 years, the portfolio gained 4200% while the S&P advanced about 47%.[4] The Quantum Fund was one of the first truly international funds.
[from Wikipedia] Rogers was born in Baltimore, Maryland and raised in Demopolis, Alabama.[1][3] He started in business at the age of five by selling peanuts and by picking up empty bottles that fans left behind at baseball games. He got his first job on Wall Street, at Dominick & Dominick, after graduating with a bachelor's degree from Yale University in 1964. Rogers then acquired a second BA degree in Philosophy, Politics and Economics from Balliol College, Oxford University in 1966.
In 1970, Rogers joined Arnhold and S. Bleichroder. In 1973, Rogers co-founded the Quantum Fund with George Soros. During the following 10 years, the portfolio gained 4200% while the S&P advanced about 47%.[4] The Quantum Fund was one of the first truly international funds.
Sunday, June 6, 2010
Jim Rogers Blog: A Few Thoughts On Reserve Currencies
Jim Rogers Blog: A Few Thoughts On Reserve Currencies: "The problem with paper money is that it’s easy to debase and abuse. As I said, the US is the largest debtor nation in the history of the world. They keep printing the stuff. The UK, once upon a time, had the world reserve currency. They abused it mightily. Eventually the world just said “no, we’re not going to take sterling anymore” and rightly so. So, in my view, that’s the problem with paper money. Now, gold has its own problems too. Gold didn’t survive very long either as the world reserve currency since politicians kept changing the rules. Unfortunately, politicians know how to abuse and destroy. One can think of various and sundry solutions. My only worry is that, no matter what mankind has come up with in the past, politicians have always found a way to abuse it and debase it."
Monday, May 31, 2010
Wednesday, December 16, 2009
From Jimmy Rogers
(c) 2009 F. Bruce Abel
Ah yes, Jimmy Rogers is able to do this. So have I!
Had dinner with Phillip Schuck and Abby Sunday night. Phillip has been able to do this too. Author, successful trader, farmer, sailor.
December 15, 2009
Lessons On Investing And Life
"You have to figure out what your own passions are. By following your passions, you'll never have a job. You'll just get up everyday and have a lot of fun"in GuruFocus.com
Ah yes, Jimmy Rogers is able to do this. So have I!
Had dinner with Phillip Schuck and Abby Sunday night. Phillip has been able to do this too. Author, successful trader, farmer, sailor.
December 15, 2009
Lessons On Investing And Life
"You have to figure out what your own passions are. By following your passions, you'll never have a job. You'll just get up everyday and have a lot of fun"in GuruFocus.com
Sunday, November 8, 2009
Buffett's Subtle Bet Against the Dollar
(c) 2009 F. Bruce Abel
From Baseline Scenario and Simon Johnson himself, not Kwak. This article is huge.
The Baseline Scenario
Warren Buffett And The G20
Posted: 07 Nov 2009 03:53 AM PST
The G20 Finance Ministers and Central Bank governors are meeting today in St. Andrews, talking about the data they will need to look at in order to monitor each other’s economic performance and sustain growth (seriously).
The underlying idea is that if you talk long enough about the US current account deficit and the Chinese surplus, stuff happens and the imbalances will take care of themselves – or move on to take another form.
Warren Buffett seems to agree.
Buffett’s big investment in railroads looks like a shrewd way to bet on growth in emerging markets – which is where most incremental demand for US raw materials and grain comes from. It’s also a polite way to bet against the dollar or, even more politely, on an appreciation of the renminbi.
When China finally gives way to market pressure and appreciates 20-30 percent, their commodity purchases will go through the roof. You can add more land, improve yields, or change the crop mix of choice (as relative prices move), but it all has to run through Mr. Buffett’s railroad.
Of course, Buffett is nicely hedged against dollar inflation – this would likely feed into higher inflation around the world, and commodities will also become more appealing.
And Mr. Buffett is really betting against the more technology intensive, labor intensive, and industrial based part of our economy. If that were to do well, the dollar would strengthen and resources would be pulled out of the commodity sector – the more “modern” part of our production is not now commodity-intensive.
The G20 will stand pat, waiting for the recovery and hoping for the best; “peer review” will turn out to be meaningless. But this raises three dangers.
China will overheat, with capital inflows fuelling a giant credit boom. Books with titles like “China as Number One” and “The China That Can Say No” will appear. The boom-bust cycle will resemble that of Japan in the 1980s – you don’t need a current account deficit in order to experience a costly asset price bubble. Other emerging markets may follow a similar pattern (think India, Brazil, Russia.)
US and European banks will be drawn into lending to China and other emerging markets, directly or indirectly. In a sense this would be a re-run of the build-up of debt in Latin America and Eastern Europe in the 1970s, leading to the debt crisis of 1982 (remember Poland, Chile, Mexico). Banks with implicit government guarantees will lead the way.
We hollow out the middle of the global economy – with a few people doing ever better and most people struggling to raise their living standards. Increasing commodity prices hit hard at poorer people everywhere (recall the effects of the relatively mild run-up in food and energy prices in the first half of 2008). Global volatility of this nature helps big business but at the cost of undermining the middle class.
By betting on commodities, Mr. Buffett is essentially taking an “oligarch-proof” stance. Powerful groups may rise to greater power around the world, fighting for control of raw materials and driving up their prices further. As long as there is growth somewhere in emerging markets, on some basis, Mr. Buffett will do fine.
As for the G20, they are already a long way behind the curve.
By Simon Johnson
From Baseline Scenario and Simon Johnson himself, not Kwak. This article is huge.
The Baseline Scenario
Warren Buffett And The G20
Posted: 07 Nov 2009 03:53 AM PST
The G20 Finance Ministers and Central Bank governors are meeting today in St. Andrews, talking about the data they will need to look at in order to monitor each other’s economic performance and sustain growth (seriously).
The underlying idea is that if you talk long enough about the US current account deficit and the Chinese surplus, stuff happens and the imbalances will take care of themselves – or move on to take another form.
Warren Buffett seems to agree.
Buffett’s big investment in railroads looks like a shrewd way to bet on growth in emerging markets – which is where most incremental demand for US raw materials and grain comes from. It’s also a polite way to bet against the dollar or, even more politely, on an appreciation of the renminbi.
When China finally gives way to market pressure and appreciates 20-30 percent, their commodity purchases will go through the roof. You can add more land, improve yields, or change the crop mix of choice (as relative prices move), but it all has to run through Mr. Buffett’s railroad.
Of course, Buffett is nicely hedged against dollar inflation – this would likely feed into higher inflation around the world, and commodities will also become more appealing.
And Mr. Buffett is really betting against the more technology intensive, labor intensive, and industrial based part of our economy. If that were to do well, the dollar would strengthen and resources would be pulled out of the commodity sector – the more “modern” part of our production is not now commodity-intensive.
The G20 will stand pat, waiting for the recovery and hoping for the best; “peer review” will turn out to be meaningless. But this raises three dangers.
China will overheat, with capital inflows fuelling a giant credit boom. Books with titles like “China as Number One” and “The China That Can Say No” will appear. The boom-bust cycle will resemble that of Japan in the 1980s – you don’t need a current account deficit in order to experience a costly asset price bubble. Other emerging markets may follow a similar pattern (think India, Brazil, Russia.)
US and European banks will be drawn into lending to China and other emerging markets, directly or indirectly. In a sense this would be a re-run of the build-up of debt in Latin America and Eastern Europe in the 1970s, leading to the debt crisis of 1982 (remember Poland, Chile, Mexico). Banks with implicit government guarantees will lead the way.
We hollow out the middle of the global economy – with a few people doing ever better and most people struggling to raise their living standards. Increasing commodity prices hit hard at poorer people everywhere (recall the effects of the relatively mild run-up in food and energy prices in the first half of 2008). Global volatility of this nature helps big business but at the cost of undermining the middle class.
By betting on commodities, Mr. Buffett is essentially taking an “oligarch-proof” stance. Powerful groups may rise to greater power around the world, fighting for control of raw materials and driving up their prices further. As long as there is growth somewhere in emerging markets, on some basis, Mr. Buffett will do fine.
As for the G20, they are already a long way behind the curve.
By Simon Johnson
Wednesday, October 7, 2009
Globe & Mail -- Interview With Jimmy Rogers
(c) 2009 F. Bruce Abel
Jimmy Rogers, one of the world's true investing gurus answers questions in today's Globe & Mail. The day after gold hit a new high, too.
http://www.theglobeandmail.com/globe-investor/e-zines/trade-by-numbers/audio-listen-to-jim-rogers-answer-your-questions/article1309660/
Jimmy Rogers, one of the world's true investing gurus answers questions in today's Globe & Mail. The day after gold hit a new high, too.
http://www.theglobeandmail.com/globe-investor/e-zines/trade-by-numbers/audio-listen-to-jim-rogers-answer-your-questions/article1309660/
Friday, July 24, 2009
Jimmy Rogers -- Natural Gas
July 25, 2009
Jim Rogers On Natural Gas: When The Economy Recovers It May Be The Strongest Performer
“When the global economy eventually recovers, natural gas may be the strongest performer in energy just because it’s been beaten down so much now,” Jim Rogers, Bloomberg, Singapore July 24
My Blog List
Oil Trader`s Blog
Going Short S&P Futures Into The Weekend
2 hours ago
Marc Faber Blog
Output Gap and Inflation
10 hours ago
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Videolog - The Federal Reserve Has No Exit Strategy
2 days ago
Jim Rogers Archive
▼ 2009 (212)
▼ July (19)
Jim Rogers On Natural Gas: When The Economy Recove...
"The Economy And The Stock Market Don`t Necessaril...
CNBC TV -18 Interview
Bloomberg TV Video Interview
Latest Interview on CNBC - Transcript
"A New Fiscal Stimulus Will Not Work"
"Printing Money Will Cause Serious Problems"
"Commodities Are The Best Investment"
"America Has Become A Communist Nation"
British Pound And The US Dollar Are Doomed
"Silver Is My Best Play"
Economic Times Interview: July 2009
"Not Selling Chinese Shares"
Extremely Bullish Scenario For Commodities
"The US Dollar Outlook"
"Stocks In Sri Lanka Are The Only Worth Buying"
Chinese Stocks
Dollar And US Government Bonds Outlook
Gold Seek Radio Show Interview
► June (22)
"We Have A Shortage Of Farmers"
China Growth Cannot Save The World
Canadian Dollar Is One Of The Soundest Currencies
Reuters TV Interview: I Don`t See Much To Buy
Investment Recommendations
Diversification Will Kill You
1930`s Stock Market And The Present Situation
Jim`s New Book: "A Gift To My Children"
Buy Farmland. The Best Investment Of Our Lifetime....
Wonderful Opportunities in Sri Lanka
In Asia The Wind Is At Your Back
Employment Report Was Made Up
New Book: A Gift To My Children
Why Agriculture Commodities Are The Best Place To ...
Don`t Buy US Bonds
Buy Water Treatment Stocks In China and India
Don`t Short The Market, Stocks Can Go To Crazy Lev...
S&P Can Go To 50,000. Dow To 1,000,000.
We Will Have a Currency Crisis That Will Affect St...
Long Term Pain Ahead For The Economy
Interview To The Economic Times, June 2009
Investing in India?
► May (26)
Buy The Chinese Currency
China and India Stocks
Gold Prices, Silver and Currencies
Will Stocks Hit a New Bottom?
Buying Chinese Renminbi
Stock Market May Hit New Lows
Jim Rogers on Sky News: Will The US Debt Be Downgr...
Silver And Gold
Governments Flooded The World With Money
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Jim Rogers, Singapore. Born in 1942. "Buy low and sell high" is the most important investment rule!
Jim Rogers On Natural Gas: When The Economy Recovers It May Be The Strongest Performer
“When the global economy eventually recovers, natural gas may be the strongest performer in energy just because it’s been beaten down so much now,” Jim Rogers, Bloomberg, Singapore July 24
My Blog List
Oil Trader`s Blog
Going Short S&P Futures Into The Weekend
2 hours ago
Marc Faber Blog
Output Gap and Inflation
10 hours ago
Peter Schiff Blog
Videolog - The Federal Reserve Has No Exit Strategy
2 days ago
Jim Rogers Archive
▼ 2009 (212)
▼ July (19)
Jim Rogers On Natural Gas: When The Economy Recove...
"The Economy And The Stock Market Don`t Necessaril...
CNBC TV -18 Interview
Bloomberg TV Video Interview
Latest Interview on CNBC - Transcript
"A New Fiscal Stimulus Will Not Work"
"Printing Money Will Cause Serious Problems"
"Commodities Are The Best Investment"
"America Has Become A Communist Nation"
British Pound And The US Dollar Are Doomed
"Silver Is My Best Play"
Economic Times Interview: July 2009
"Not Selling Chinese Shares"
Extremely Bullish Scenario For Commodities
"The US Dollar Outlook"
"Stocks In Sri Lanka Are The Only Worth Buying"
Chinese Stocks
Dollar And US Government Bonds Outlook
Gold Seek Radio Show Interview
► June (22)
"We Have A Shortage Of Farmers"
China Growth Cannot Save The World
Canadian Dollar Is One Of The Soundest Currencies
Reuters TV Interview: I Don`t See Much To Buy
Investment Recommendations
Diversification Will Kill You
1930`s Stock Market And The Present Situation
Jim`s New Book: "A Gift To My Children"
Buy Farmland. The Best Investment Of Our Lifetime....
Wonderful Opportunities in Sri Lanka
In Asia The Wind Is At Your Back
Employment Report Was Made Up
New Book: A Gift To My Children
Why Agriculture Commodities Are The Best Place To ...
Don`t Buy US Bonds
Buy Water Treatment Stocks In China and India
Don`t Short The Market, Stocks Can Go To Crazy Lev...
S&P Can Go To 50,000. Dow To 1,000,000.
We Will Have a Currency Crisis That Will Affect St...
Long Term Pain Ahead For The Economy
Interview To The Economic Times, June 2009
Investing in India?
► May (26)
Buy The Chinese Currency
China and India Stocks
Gold Prices, Silver and Currencies
Will Stocks Hit a New Bottom?
Buying Chinese Renminbi
Stock Market May Hit New Lows
Jim Rogers on Sky News: Will The US Debt Be Downgr...
Silver And Gold
Governments Flooded The World With Money
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Jim Rogers, Singapore. Born in 1942. "Buy low and sell high" is the most important investment rule!
Monday, June 22, 2009
Diversification Will Kill You -- Jimmy Rogers
Jimmy Rogers, June 21, 2009:
Diversification Will Kill You
Diversification is something that stock brokers came up with to protect themselves, so they wouldn't get sued. Henry Ford never diversified, Bill Gates didn't diversify. The way to get rich is to put your eggs in one basket, but watch that basket very carefully. And make sure you have the right basket.You can go broke diversifying. Ask anyone who's diversified in the last three years. They've lost money.
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My Blog List
Oil Trader`s Blog
Commodities Performance Year To Date
1 day ago
Marc Faber Blog
United States Is Headed Toward Hyperinflation
1 day ago
Jim Rogers Archive
▼ 2009 (188)
▼ June (17)
Diversification Will Kill You
1930`s Stock Market And The Present Situation
Jim`s New Book: "A Gift To My Children"
Buy Farmland. The Best Investment Of Our Lifetime....
Wonderful Opportunities in Sri Lanka
In Asia The Wind Is At Your Back
Employment Report Was Made Up
New Book: A Gift To My Children
Why Agriculture Commodities Are The Best Place To ...
Don`t Buy US Bonds
Buy Water Treatment Stocks In China and India
Don`t Short The Market, Stocks Can Go To Crazy Lev...
S&P Can Go To 50,000. Dow To 1,000,000.
We Will Have a Currency Crisis That Will Affect St...
Long Term Pain Ahead For The Economy
Interview To The Economic Times, June 2009
Investing in India?
► May (26)
Buy The Chinese Currency
China and India Stocks
Gold Prices, Silver and Currencies
Will Stocks Hit a New Bottom?
Buying Chinese Renminbi
Stock Market May Hit New Lows
Jim Rogers on Sky News: Will The US Debt Be Downgr...
Silver And Gold
Governments Flooded The World With Money
China, Sri Lanka and India
Latest Interview on CNBC
Chinese Renminbi, Next Reserve Currency
When Will The Rally Come To An End?
Will the IMF Sell Its Gold?
Latest Interview: Lew Rockwell Show
We Are Going To Have A Currency Crisis
A Dollar Crisis Looming?
Latest Bloomberg Interview
The Stock Market and The Economy Will Be Slow For ...
Latest Interview on CNBC
These Problems Are Going To Last
Biography Written in Chinese
China is Like America 100 years Ago
This Rally is Powerful and May Last a While
The IMF Is Desperate to Sell Its Gold
Latest Bloomberg Radio Interview
► April (30)
Swine Flu Impact
Latest Bloomberg Video Interview, April 2009
Interview With Time Magazine (28 April 2009)
Not Buying Stocks Anywhere
Motley Fool Profiles Jim Rogers
Why Should We Invest in Commodities
Investment Advice: Think For Yourself
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Jim Rogers, Singapore. Born in 1942. "Buy low and sell high" is the most important investment rule!
Saturday, June 6, 2009
Thursday, June 4, 2009
Friday, December 12, 2008
Wednesday, May 21, 2008
Spot Gold -- Here We Go Again
http://www.kitco.com/charts/livegold.html
The "new"/old carry trade:
buy gold, buy oil, sell financials, buy Procter.
The "new"/old carry trade:
buy gold, buy oil, sell financials, buy Procter.
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