Jim Rogers on Markets and Bailouts
By Barry Ritholtz - December 1st, 2008, 6:22PM
Part I
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Part II
Part III
Part IV
November 16, 2008
In any great organization it is far, far safer to be wrong with the majority than to be right alone. —John Kenneth Galbraith
Macro Notes
US$ rally continuesPeter Boockvar
Asian currencies continue to sell off vs the $ on the heels of the news yesterday that South Korea said they will look into hot money inflows stemming from the $ carry trade and the Bank of Indonesia said they are looking into the foreign buying of bills. This follows the news a few weeks ago that Taiwan was limiting foreign deposit holdings and Brazil was taxing foreign inflow transactions. As I mentioned yesterday, we may have reached a short term pain threshold in terms of $ weakness and foreign countries are fighting back as they certainly won't wait for...
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December 1st, 2008 at 7:01 pm
Anyone else think Jim’s forehead looks like a horseshoe crab?
December 1st, 2008 at 7:45 pm
No I didnt notice the horseshoe crab forehead but I noticed his tie matches his face color. Maybe that tie is on a bit too tight.
December 2nd, 2008 at 7:14 am
But Jim is lead by his ego…as so many successful investors are. If you notice he says he has not sold one share of his China stocks, ditto his investments in commodities…that means this year he’s taken a huge bath, when all he had to do was sell, then buy back at a much better price…
Smart man, but let his investments be dictated by his ego..
A better idea is to always pretend you are investing for your momma….then what do you do??