The Next Bear Market

Jim Rogers

Jim Rogers: ‘The next bear market will be the worst in my lifetime’

It is always insightful to listen to old and experienced investors, especially when they share their view of the future.  This is vintage Jim Rogers.  If you have heard him speak in the past, you would have heard a lot of it before.  If you haven’t, this talk is as good as any he has given.

Take aways:

  1. US interest rates to rise rapidly in the future.  Be careful if you or the companies you have invested in are highly indebted.  Many of them might fail and be forced to sell their assets cheap like many have done before in history.
  2. Agriculture prices have done very badly in the last 10 years or more unlike almost every other investments in the world, some down as much as 70% from the peak.  He is advising people to be farmers instead of bankers.
  3. In the event of a bear market, people will look for safe havens, he thinks USD will still be a safe haven this time round.  It is about to get very over valued!
  4. Markets still down from their all time highs: China, Japan

Food for thought!

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s