Friday, 4 February 2011
Classic Jim Rogers - Calls for a CNBC to be renamed - Watch to find out
Jim Rogers "commodity bull" explains why he is so bullish on commodities and almost dismisses equity (stock)investors.
Additionally towards the end of the interview, the interviewers attempt to get him to pick some stocks so that viewers or 'lemmings' could contact their broker and immediately buy them (this is always a dangerous game since you do not know the price at which he has brought these stock/s or what his price target is - you might as well throw a dart at an open page of the FT). However his response wasn't what CNBC wanted to here, he said he was short emerging markets ETF's and some NASDAQ ETFs.
Jim Rogers provides yet another unforgettable interview: Enjoy!!!