Friday, December 17, 2010

Jim Rogers: Get out of the financial sector before it's too late

From Newsmax:
Investor guru Jim Rogers says life on the farm will bring far more riches in coming years than the trenches of Wall Street.
Rogers, a commodities evangelist for more than a decade, has tweaked his pitch, saying the producers of the world — whether individuals, companies, or countries — will become the new growth sector.
In short, Rogers told the Reuters 2011 Investment Outlook Summit in New York, being productive, saving the fruits of your labor, and owning hard assets hold the keys to a bright future.
"All these people who got MBAs made a mistake. The city of London and Wall Street are not going to be great places to be in the next two or three decades. It's going to be the people who...
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More from Jim Rogers:
Jim Rogers rips into Ben Bernanke at Oxford
Jim Rogers: The only assets you must own today
Jim Rogers: Paul Krugman is an idiot... Obama barely knows anything about the world
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