WTFinance, Released on 11/22/24 (Recorded on 11/19/24)
On this episode of the WTFinance podcast I had the pleasure of welcoming back Jim Rogers. Jim is a legend in the investing world, author, financial commentator and more! After attending Yale and Oxford University, Rogers co-founded the Quantum Fund, a global-investment partnership. Jim talks further about his current thoughts on the economy, what this means for the market, whether inflation will return, will Trump be good for the economy, China & Uzbekistan, De-dollarization, current geopolitical strategy and more. I hope you enjoy!
0:00 – Introduction
1:17 – Current outlook for the economy?
2:26 – Why could things go bad?
3:24 – How have markets changed?
5:25 – Inflation to return?
7:17 – Trump good for the economy?
10:17 – China & Uzbekistan
12:30 – Resolutions to debt trajectory?
14:42 – US industry onshoring?
16:02 – De-dollarization
18:07 – US still the best investment?
21:32 – Current geopolitical situation?
24:19 – Investment strategy
25:42 – One message to takeaway?
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.