The next bull market is here. It’s not in stocks. It’s not in bonds. It’s in commodities - and some smart investors will be riding that bull to record returns in the next decade.
Before Jim Rogers hit the road to write his best-selling books Investment Biker and Adventure Capitalist, he was one of the world’s most successful investors. He co-founded the Quantum Fund and made so much money that he never needed to work again. Yet despite his success, Rogers has never written a book of practical investment advice - until now.
In Hot Commodities, Rogers offers the low-down on the most lucrative markets for today and tomorrow. In late 1998, gliding under the radar, a bull market in commodities began. Rogers thinks it’s going to continue for at least fifteen years - and he’s put his money where his mouth is: In 1998, he started his own commodities index fund. It’s up 165% since then, with more than $200 million invested, and it’s the single-best performing index fund in the world in any asset class. Less risky than stocks and less sluggish than bonds, commodities are where the money is - and will be in the years ahead.
Rogers’s strategies are simple and straightforward. You can start small - a few thousand dollars will suffice. It’s all about putting your money into stuff you understand, the basic materials of everyday life, like copper, sugar, cotton, corn, or crude oil. Once you recognize the cyclical and historical trading patterns outlined here, you’ll be on your way.
In language that is both colourful and accessible, Rogers explains why the world of commodity investing can be one of the simplest of all - and how commodities are the bases by which investors can value companies, markets, and whole economies. To be a truly great investor is to know something about commodities.
For small investors and high rollers alike, Hot Commodities is as good as gold . . . or lead, or aluminium, which are some of the commodities Rogers says could be as rewarding for investors.
By:
Jim Rogers (Rogers Holdings)
Imprint: Wiley
Country of Publication: United States
Dimensions:
Height: 229mm,
Width: 152mm,
Spine: 20mm
Weight: 312g
ISBN: 9780470510766
ISBN 10: 0470510765
Pages: 272
Publication Date: 30 March 2007
Audience:
Professional and scholarly
,
Undergraduate
Format: Paperback
Publisher's Status: Active
Introduction. 1. The Next New Thing Is - Things. 2. But.... 3. Stepping up to Commodities. 4. Stepping into the Commodities Market. 5. Notes from the Wild, Wild East. 6. Goodbye, Cheap Oil. 7. Gold - Mystique vs. Fundamentals. 8. A Heavy Metal with the Potential to be a High Flyer. 9. Searching for the Next Sugar High. 10. Can Coffee Perk Up? Conclusion. Appendix. Index. About the Author.
JIM ROGERS entered the investment business in 1968 with $600 dollars in his pocket. By 1980, aged 37, he had left Wall Street with enough money to satisfy a lifelong appetite for adventure. He has been chronicled in Jon Train's Money Masters of Our Time, Jack Schwager's Market Wizards, and other books. He has been frequently featured in Time, The Washington Post, The New York Times, Barron's, Forbes, Fortune, The Wall Street Journal, The Financial Times, and most publications dealing with the economy or finance. He has also appeared as a regular commentator and columnist in various media and has been a visiting professor at Columbia University. He is the author of two successful trade books: Investment Biker, and Adventure Capitalist.
