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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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Jim Rogers Bracing For Crash

TedTed
in Fund Discussions
FYI: (When Jim Rogers talks, the Linkster doesn't listen !)

When Jim Rogers talks, investors listen. One of the world's most famous investors, Rogers is known for his no-nonsense style and investment wisdom. He is the author of several best-selling books, including his latest, "Street Smarts: Adventures on the Road and in the Markets." ETF.com recently spoke with Rogers for his take on the latest financial market developments
Regards,
Ted
http://www.etf.com/sections/features-and-news/jim-rogers-bracing-crash?nopaging=1

Comments

  • BobCBobC
    Rogers is a commodity bug and has been forever. He is always bracing for a crash. In a similar mold as is John Mauldin, but less scholarly. Both guys are good reading, but both have pretty dismal records over the long haul.
  • [Deleted User]
    The user and all related content has been deleted.
  • sma3
    He is also famous for moving to Singapore (with his third wife) saying America is through.

    If he hadn't run Quantum with Soros (from 1970 to 1980

    1) he would still be poor 2) he wouldn't be able to afford three wives or move to Singapore 4) he would have had to stay home and work for a living and not gallivant all over the world in a Mercedes and (best of all)

    5) No one would listen to him or care what he thinks.
  • MJG
    HI Guys,

    If anyone does listen and then trade based on a Jim Roger's prediction, they do so with great risk to their wealth. I agree with MFO members who are skeptical of any forecaster's projections.

    Simply put, forecasters can't forecast. Much empirical evidence supports that observation; the record is clear on this matter.

    For years, CXO Advisory did yeomen work at scorekeeping the cumulative record of a host of famous market gurus. I hated to see the end of that worthy project. Here is a Link that discusses their methodology and their scoring outcomes:

    https://www.cxoadvisory.com/gurus/

    The summary demonstrate the futility of making market predictions. With about 7000 forecasts from 70 or so gurus, these experts managed an overall accuracy of just under 50%. A fair coin toss would have done slightly better.

    This outcome must be humbling to those who claim superior insights. Those special insights simply do not exist. So buyers of these failed analyses must be doubly suspicious of any such forecast. It just might be profitable to do the opposite of what was recommended!

    Best Wishes


  • gmarceau
    Jim Rogers is a turncoat permabear goldbug
  • Edmond
    Another thread, was noted, by myself and others, that Abbey Joseph Cohen (AJC) was a perma-bull. Rogers is sorta the 'anti-AJC" --- he always expects a crisis... somewhere just beyond the horizon.

    One day, he will be right.
  • VintageFreakVintageFreak
    edited June 2017
    I quote...

    Rogers is known for his no-nonsense style and investment wisdom

    Someone please do explain.

    A statement such as "Obama was the first black president" needs no explanation. A statement such as the one made on Rogers does.

    Our entire personal and professional life is spent debating opinions. *This* is why the US is falling behind not because of what Rogers thinks.
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