Achieving a 4000% Return In 10 Years

<b> Achieving a 4000% Return In 10 Years An Interview With Jim Rogers </b>
http://biz.yahoo.com/tm/030811/10531_8.html

Very interesting interview.

 

Thanx for the post.

I am midway through adventure capitalist. Investment biker was awesome.

 

The World's Greatest Trader
Berkshire Hathaway just released a bombshell. The company sold virtually its entire government bond portfolio -- $9 billion worth -- in the first half of 2003, just before the bond market crashed. This isn't the first time the poster child for buy-and-hold has scalped a billion or two from dumb old Mr. Market.

http://www.fool.com/news/commentary/2003/commentary030813bm.htm?source=mppromo

 

Wow!

 

But at least Mr Market has bulging biceps...

 

I admire someone that has the ability to fade strong trending markets as in the case of Jim Rodgers. It definitely takes a certain amount of arrogance/cockiness to place the trade as well as confidence in your beliefs to take the heat.

 

I don't admire so much if it comes from arrogance/cockiness because it is then due to chance since if the market made exactly the opposite with half of chance he would be blamed for the disaster . So I have the same kind of Philosophy than Nassim Taleb on that point : the part of chance should be taken into account (I don't share the same philosophy than Nassim on every point but I do on this one) see this New Yorker's article on him untitled:

"How Nassim Taleb turned the inevitability of disaster into an investment strategy"
http://www.gladwell.com/2002/2002_04_29_a_blowingup.htm

 

Thanks for the link. Very interesting...

 

http://www.1929stockmarketcrash.com/
A good site about 1929 crash.

 

I don't think it's arrogance ... it's just that his timeframe is longer than 1 year.