Tough times helped many commodities producers become lean and mean through consolidation, mergers and cost-cutting. All that excess supply has been sopped up.
You can no longer buy commodities at Merrill Lynch. My guess is many analysts and even executives are too young to know how profitable a hot commodities market can be. They will soon.
Cricket is the greatest game that the wit of man has yet devised.- Sir Pelham Warner
Advertising is selling Twinkies to adults.- Donald R. Vance
The struggle of the male to learn to listen to and respect his own intuitive, inner prompt...- Herb Goldberg
Each generation of the church in each setting has the responsibility of communicating the ...- Francis Schaeffer
Each had defended his own country; the Germans Germany, the Frenchmen France; they had don...- Ernst Toller
Comments on: "Jim Rogers Quotes: You can no longer buy commodities at Merrill Lynch. My guess is many..."
|Birth:||19th October, 1942|
|Profession:||Businessman, Economist, Investor, Traveler|
James Beeland “Jim” Rogers Jr. was born in Baltimore, Maryland, USA. He is an American businessman, investor, economist, traveler and author. He is the Chairman of Rogers Holdings and Beeland Interests, Inc. He was the co-founder of the Quantum Fund and creator of the Rogers International Commodities Index. He earned a BA degree in History from Yale University in 1964. He earned a second BA degree in Philosophy, Politics, and Economics from the University of Oxford in 1966. In 1970, he joined investment bank Arnhold and S. Bleichroder, where he worked with George Soros. From 1990 to 1992, he traveled through China again, as well as around the world, on motorcycle, over 100,000 miles across six continents, which was picked up in the Guinness Book of World Records. Between January 1, 1999, and January 5, 2002, Rogers did another Guinness World Record journey through 116 countries, covering 245,000 kilometers with his wife, Paige Parker, in a custom-made Mercedes. He has written several books include: Investment Biker: Around the World with Jim Rogers, Adventure Capitalist, Hot Commodities, A Bull in China, A Gift to My Children, Street Smarts, and Social Work with Adults (with Lucy Bright and Helen Davies).
Quote of the day
Our mission is to motivate, boost self confiedence and inspire people to Love life, live life and surf life with words.