Thursday, December 29, 2011

Jim Rogers: Little Reason for Optimism in Anything but Agriculture

World markets may be riddled with uncertainty, but CNBC reports, billionaire investor Jim Rogers anticipates gains in one sector for years to come. Rogers anticipates gains in ag stocks for 10 years or more.

“If I were buying anything I’d be buying agricultural commodities,” he says. “Going forward we’re going to have huge shortages of everything – including farmers – I think ag will be a great place for the next 10-20 years,” he says.

But don’t take that to mean that ag stocks are a buy – that’s not what he means.

“Yale did a study recently showing that investors made 300% more by putting money in commodities themselves rather than commodity stocks – that is unless you’re a great stock picker.”

In other words, he’d play his thesis with commodities futures or ETFs that track them….

Find out more at http://www.cnbc.com/id/45806400

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