26
Aug

Older interview from January 2009 that discusses what Jim Rogers sees for 2009. He provides his irreverent commentary in his typical blunt style. I have grown to admire the man for both his faults and his insight. I didn’t grow up in a town quite as small as Demopolis, Alabama however I share many of the insights he wrote about in his recent book, A Gift to My Children which he wrote for his 2 daughters.

He is generally early with his market calls which in his new book he said that he is working on—for investing and personal reasons. I remember a late 1990’s (1998?) argument he had with his fellow commentators when he was one of the hosts of CNBC. As I recall he was calling for the end of the technology boom and he was getting a huge backlash from his co-hosts. Then he preceded to outline the reasons that commodities where the place to be and they almost had a cardiac arrest.


I realize that hindsight is 20/20 but the classic signs of a boom were there and the argumentative tone and contempt the he was shown by his colleagues was way over the top. It was classic Jim Rogers where he is arguing his lone hand against people who should no better—yet in hindsight are no more than talking heads.

He was definitely early in his call and he has stated that that is one of his major problems but in hindsight he foresaw this commodities boom. Gold at that point had not reached it’s all time low and neither had oil—both occurred in 2001 and 2002. we definitely know what happened to the tech boom, though once again that took a couple of years after this discussion.

I will post this interview if I find it.

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