Friday, September 26, 2008

Jim, what did you buy lately?

Jim Rogers appears on the Bloomberg TV. What did you buy lately? Well I am as confused like anybody else but I tell what I've done lately. I bought some agriculture, Chinese shares in Singapore, Hong Kong and Taiwan.

I covered my financial shares, I am not shorting Citibank, Fannie Mae, home builders, etc but I am still short investment banks. I bought airlines but not American airlines.

I am a long term bull for oil, oil is going go higher but it does not mean it can't go down by 40-50%, I am not going to sell oils.

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