Tuesday, October 20, 2009

Catastrophe Looming


Jim Rogers. famed investor, called for a global commodities rally in 1999. He was spot on, for commodities have dramatically outperformed stocks since then.

An eccentric, he's made numerous motorcycle trips in the remotes.

He still sees a continuation of these trends as he finds many commodities in under supply mode. He is most bullish on agricultural products.

Rogers finds a catastrophe looming. "The world is going to have a period when we cannot get food at any price in some parts of the world."

In parting, he feels "instead of getting an MBA, get yourself a farming degree. You'll make a lot more money."

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