Jim Rogers, chairman of Rogers Holdings, says that he is still holding on to his Chinese shares. Despite its slower growth, Myanmar today is just as exciting as China in the 1980s. He also discussed Russia and thinks Russia is worth a second look.
-- Still holding Chinese shares despite slower growth.
-- Believes in China. If China is a problem then all of the world has serious problem.
-- Some parts of China will do well; some will continue to have problems.
-- He is not buying Chinese shares. He will only will buy if Chinese stocks go further down.
-- Chinese Central bank starting to ease which is not the right thing to do. Inflation is still high, real estate is still a bubble.
-- Everyone is protecting money. Learn and own real things like commodities, silver and gold. He owns both and is not selling.
-- Everyone should consider becoming a farmer. He prefers farmland and agriculture commodities.
-- Thinks Mayanmar is as attractive as China was in '80s. There are no stock markets in Myanmar. They are planning to start, but there are few businesses which trade on the Singapore stock exchange.
-- Russia is worth a second look.
Here are the videos:
-- Still holding Chinese shares despite slower growth.
-- Believes in China. If China is a problem then all of the world has serious problem.
-- Some parts of China will do well; some will continue to have problems.
-- He is not buying Chinese shares. He will only will buy if Chinese stocks go further down.
-- Chinese Central bank starting to ease which is not the right thing to do. Inflation is still high, real estate is still a bubble.
-- Everyone is protecting money. Learn and own real things like commodities, silver and gold. He owns both and is not selling.
-- Everyone should consider becoming a farmer. He prefers farmland and agriculture commodities.
-- Thinks Mayanmar is as attractive as China was in '80s. There are no stock markets in Myanmar. They are planning to start, but there are few businesses which trade on the Singapore stock exchange.
-- Russia is worth a second look.
Here are the videos:
