Friday, January 30, 2009

Jim Rogers on Global Finance

Here is an interesting presentation given by Jim Rogers. My only criticism is that Rogers repeats many of the same points lately, yet his logic is beginning to sound more dogmatic and convoluted than was the case five or ten years ago. For example, he presented a rock-solid case for commodities investment at that time. Yet, with his current criticisms of letting the banks fail as opposed to bailing them out, Rogers doesn't provide much reasoning for critics, especially those who've cited contrary examples such as Lehman Brothers. Additionally, you have to question what biases he's currently bringing to the table. In light of his commodities index, asking what asset class in which to invest is like asking the barber if you need a haircut.

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This work by Nicholas E. Radice is licensed under a Creative Commons Attribution-No Derivative Works 3.0 United States License.