You said he predicted this crisis that we and the US is currently in. He predicted this in 1988. I defined the crisis we are currently in to mean ~2007. This is equal to roughly 20 years early on that prediction. Take a couple of years off. Hell - take 10 or 15 years off. He's still way early and my point is still proven.
I know he was short FNM and C in the 70s and covered around 5. The guy is good. His timing isnt always that great (and he admits to that) but he has deep enough pockets to stick with a trade. How anyone on this board/forum can criticize him is utterly ridiculous.
jim rogers is one these broken clocks that gets the time right twice a day no one would have made a single dime of profit following all his picks and the only reason he's wealthy is because he hit jackpot in soros quantum fund. this clown is known for traveling around the world on a convertible and spitting half truths and irrelevant rants on national television to attract an audience of fools and social misfits that fantasize about being like him. obviously, he is always on the right side of the fence -- a beautiful case of hindsight trading