News Formal

Next stock market crash: How Jim Rogers is preparing, what he's buying - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Jim Rogers earned a 4,200% return with George Soros by investing in overlooked assets. He told us what he’s buying now ahead of the 'worst crash of our lifetime.'

"It's the same thing successful investors have been doing for hundreds of years: you find things that are cheap that nobody wants, and make a lot of money," Rogers said. "And likewise, you sell short things that are overvalued.

"Nobody's reduced their debt since 2008," he said, calling out the US and China's national deficits specifically. Additionally, Rogers sees President Donald Trump's trade war with China as one of the ingredients that is brewing a crisis. To hear him tell it, Rogers is not keen on instructing other investors on how to manage their money ahead of the next crash — even though he strongly believes a severe one is coming.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This read is exactly like the interview from realvision originally from September 2017.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Next stock market crash: Bear market preconditions in place, UBS says - Business InsiderUBS studied 50 years of history to pinpoint the single biggest risk to stocks — and their conclusion spells imminent trouble for the market
Source: BusinessInsider - 🏆 729. / 51 Read more »