Wealthion, Released on 10/25/24
Jim Rogers, legendary investor, best-selling author, and co-founder of the Quantum Fund, joins Anthony Scaramucci for an insightful conversation on why today’s market euphoria signals danger. With most global markets near all-time highs, Jim draws on his 60 years of investing experience to explain why things will take a turn for the worse. He discusses how human behavior drives bubbles and why now may be the time to protect your wealth by reconsidering your exposure to overvalued markets. Rogers also shares his thoughts on gold, silver, the value of travel, advice for young investors, today’s geopolitical tensions, and why he believes Asia will dominate the 21st century.
0:33 – Remembering Ghost Bikes: Anthony’s Uncle’s Motorcycle Shop
3:30 – Jim Rogers’ Early Career
4:51 – Meeting George Soros
6:28 – Key Lessons from 60 Years of Investing
7:30 – The Future of Asia
8:44 – Geopolitical Tensions and Risk of Global Conflict
10:19 – Why Jim Rogers is Selling Shares in Most Markets
11:39 – Market Euphoria and How Bubbles Form
13:12 – Advice for Young Investors: Avoid Hot Tips
15:20 – U.S.-China Relations and Economic Clash Risks
18:23 – The Value of Traveling for Investors
20:37 – Jim Rogers’ Thoughts on Gold and Silver
22:05 – Thoughts on Bitcoin and Cryptocurrencies
22:47 – Audience Question: Is Argentina Now Investable?
24:29 – Audience Question: How to Invest in Agriculture?
26:14 – Audience Question: Jim Rogers on Writing
27:10 – The 1987 Market Crash: Jim’s Best Birthday Ever
28:23 – Audience Question: Biggest Mistakes and Lessons from Jim’s Career
30:41- Audience Question: How Travel Has Shaped Jim Rogers’ Life and Investing
31:56 – Audience Question: Advice for Young Investors
Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before “retiring” at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys – once by motorcycle and once by car – and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has served as a professor at Columbia University, started his own commodity index and is a frequent media commentator worldwide. Rogers has also authored six books. He currently lives in Singapore with his family. Jim has authored a half dozen books, including: Investment Biker: Around the World with Jim Rogers (NYTimes Bestseller), Adventure Capitalist, Hot Commodities (NYTimes Bestseller), A Bull in China, A Gift to My Children, and most recently, Street Smarts.