Interesting interview, Eric. I hate this statement: ““Chinese people save or invest 35% of their income. Americans save or invest only 2%. The dollar is plummeting, so Americans had better be prepared to learn Chinese.” Ack!
Did you see my Monday’s post on Chinese atrocities against the Falun Gong? If you did, then you’ll know why I said “Ack!” The Chinese regime is committing horrendous crimes against their own people and no one is covering it. Not even Fox News as far as I can tell. We shouldn’t be trading with such people, and we consumers need to boycott Chinese products.
As far as solar energy is concerned, you might want to consider the following statement before writing solar energy off as “non-competitive”.
“The energy that reaches earth from sunlight in one hour is more than that used by all human activities in one year”.
When I was kid in junior high, NASA came around and did a demonstration of their planned trip to moon and one of the highlights I remember from that is when they used a solar collector to light a light bulb.
We should have been learning to harness the free energy from the sun ages ago, instead of finding more and better ways to pollute our air with fossil fuels.
actually, wind energy is already competative. Solar energy will be when the oil price is about 130 dollars. So, that will be soon. I do think it is a good investment (in the coming years)
Jim is an investing genius. I run searches every now and then to see his current thoughts on the market and where things are (which is how I found this page).
On tv and in the press, he can come across as eccentric and “out there”. He’s very blunt with his investing views…the dollar will collapse, Bernanke is a fool, etc.
But you have to read his books, his interviews (esp read his interview in “Market Wizards”) to understand where he’s coming from and how he makes decisions, he doesnt pull them out of thin air. He’s got a model in his head about how the world works, and he compares whatever is happening now to 500 or 1,000 years of history..
Thus being right about commodities, China, lower dollar, etc.
He’s a genius, I’d study everything you can from him. He’s been right about so much.
I enjoy catching Jim Rogers’ market insights,thanks for providing the interview here.when I was at Columbia’s B. school in the 1980s,I was fortunate enough to take Jim’s classes and then to work for him for a time.Actually, it was then that Beeland,Inc. was first started as an investment advisory for some money that Jim was looking after.Jim really wasn’t interested in getting active in money management back then,but I think he felt it would give this over-eager disciple of his some experience while defraying office overhead.Well,be that as it may,Jim’s incredible breadth of knowledge still impresses itself on me as it did back when I was a student.
[...] co-fundador del Quantum Fund con George Soros hace varias decadas, nos da su punto de vista en una interesantisima entrevista sobre su vision del mercado, en un momento como el actual de maxima ebullicion en las comodities [...]
Gayle said,
August 13, 2007 at 8:34 pm
Interesting interview, Eric. I hate this statement: ““Chinese people save or invest 35% of their income. Americans save or invest only 2%. The dollar is plummeting, so Americans had better be prepared to learn Chinese.” Ack!
Did you see my Monday’s post on Chinese atrocities against the Falun Gong? If you did, then you’ll know why I said “Ack!” The Chinese regime is committing horrendous crimes against their own people and no one is covering it. Not even Fox News as far as I can tell. We shouldn’t be trading with such people, and we consumers need to boycott Chinese products.
Gayle said,
August 14, 2007 at 6:29 am
I received your e-mail which said Human rights cannot supercede the global economy. Don’t you think they should?
Thomas Jackson said,
August 14, 2007 at 4:28 pm
As far as solar energy is concerned, you might want to consider the following statement before writing solar energy off as “non-competitive”.
“The energy that reaches earth from sunlight in one hour is more than that used by all human activities in one year”.
When I was kid in junior high, NASA came around and did a demonstration of their planned trip to moon and one of the highlights I remember from that is when they used a solar collector to light a light bulb.
We should have been learning to harness the free energy from the sun ages ago, instead of finding more and better ways to pollute our air with fossil fuels.
We can only hope it is not too late to start.
Thomas Jackson
Nashville, TN
Cursus Projectmanagement said,
August 15, 2007 at 6:49 am
actually, wind energy is already competative. Solar energy will be when the oil price is about 130 dollars. So, that will be soon. I do think it is a good investment (in the coming years)
JohnB said,
August 16, 2007 at 1:37 am
Thanks for the interview.
Jim is an investing genius. I run searches every now and then to see his current thoughts on the market and where things are (which is how I found this page).
On tv and in the press, he can come across as eccentric and “out there”. He’s very blunt with his investing views…the dollar will collapse, Bernanke is a fool, etc.
But you have to read his books, his interviews (esp read his interview in “Market Wizards”) to understand where he’s coming from and how he makes decisions, he doesnt pull them out of thin air. He’s got a model in his head about how the world works, and he compares whatever is happening now to 500 or 1,000 years of history..
Thus being right about commodities, China, lower dollar, etc.
He’s a genius, I’d study everything you can from him. He’s been right about so much.
michael broderick said,
September 18, 2007 at 2:41 pm
I enjoy catching Jim Rogers’ market insights,thanks for providing the interview here.when I was at Columbia’s B. school in the 1980s,I was fortunate enough to take Jim’s classes and then to work for him for a time.Actually, it was then that Beeland,Inc. was first started as an investment advisory for some money that Jim was looking after.Jim really wasn’t interested in getting active in money management back then,but I think he felt it would give this over-eager disciple of his some experience while defraying office overhead.Well,be that as it may,Jim’s incredible breadth of knowledge still impresses itself on me as it did back when I was a student.
From the NYMEX to LAX « THE TYGRRRR EXPRESS said,
January 12, 2008 at 2:38 pm
[...] http://blacktygrrrr.wordpress.com/2007/08/13/an-interview-with-jim-rogers/ [...]
investorsconundrum.com » Entrevista a Jim Rogers el guru de las materias primas. said,
February 24, 2008 at 7:18 am
[...] co-fundador del Quantum Fund con George Soros hace varias decadas, nos da su punto de vista en una interesantisima entrevista sobre su vision del mercado, en un momento como el actual de maxima ebullicion en las comodities [...]