In his latest interview on the Behind The Markets Podcast, Jim Rogers says in investing follow the disaster and you will probably do well. Here’s an excerpt from the interview:
Rogers: I would tell you three markets I would love to invest in… none of which I can. It’s illegal for Americans to invest in Russia now. It’s illegal for Americans to invest in Venezuela now. And it’s illegal for Americans to invest in Iran now, they’re all disasters!
And I learned over my life that if you invest in a disaster, and you have staying power you’re probably going to do extremely well, but you know, we are citizens of the land of the free and we’re not so free.
Everybody else can invest in Venezuela, but we cannot. But I love disasters. I have learned many times, follow the disaster and you will probably do well.
You can listen to the entire discussion here:
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