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The next bull market is here. It’s not
in stocks. It’s not in bonds. It’s in commodities –and
some smart investors will be riding that bull to record
returns in the next decade.
Before Jim Rogers hit the road to write
his bestselling books Investment Biker and Adventure
Capitalist, he was one of the world's most successful
investors. He cofounded the Quantum Fund and made so much
money that he never needed to work again. Yet despite his
success, Rogers has never written a book of practical
investment advice-until now.
In Hot Commodities, Rogers offers the
lowdown on the most lucrative markets for today and
tomorrow. In 1998, gliding under the radar, a bull market
in commodities began. Rogers thinks it's going to continue
for at least fifteen years-and he's put his money where
his mouth is: In 1998, he started his own commodities
index fund. It's up 165% since then, with more than $200
million invested, and it's the single-best performing
index fund in the world in any asset class. Less risky
than stocks and less sluggish than bonds,, commodities are
where the money is-and will be in the years ahead.
Rogers's strategies are simple and straightforward. You
can start small-a few thousand dollars will suffice. It's
all about putting your money into stuff you understand,
the basic materials of everyday life, like coal, sugar,
cotton, corn, or crude oil. Once you recognize the
cyclical and historical trading patterns outlined here,
you'll be on your way.
In language that is both colorful and
accessible, but Rogers explains why the world of commodity
investing can be one of the simplest of all-and how
commodities are the bases by which investors can value
companies, markets, and whole economies. To be a truly
great investor is to know something about commodities.
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