(9)
(10)
(7)
(6)In this summary you will learn
- Why commodities are less risky than stocks and bonds
- Why experts think a long-term commodities bull market just began
- Which commodities look like good investments
- What basics you should know about commodity investing
Why you should read Hot Commodities
Jim Rogers’ book is surprisingly similar in tone to those breathless radio ads inviting you to "invest now" in petroleum futures because bad weather in the northeast is sure to cause a shortage of heating oil. But, Rogers backs up his enthusiasm - dare one say exuberance? - with facts. His record as co-founder of the Quantum Fund speaks for itself. Of course, it doesn’t take an advanced degree to figure out that as China continues its inevitable lumbering jog toward economic hegemony, its appetite for commodities will become insatiable. Hearing it from someone with Rogers’ track record, however, gives it immediacy. Rogers seems to be talking to the general investing public, which may explain the awkward chapters that detour through commodity investment basics, but he heads for more advanced territory soon enough. As the founder of the "The Rogers Raw Materials Index Fund," he would probably relish a run on commodities. That said, Rogers makes a convincing case, and getAbstract.com strongly recommends his book to those looking to diversify into commodities.
About the Author
Jim Rogers grew up in Demopolis, Alabama, won a scholarship to Yale and served in the Army before going to work on Wall Street. He retired at age 37 after co-founding the Quantum Fund, a portfolio that gained more than 4,000% in the 1970s. He wrote Investment Biker and Adventure Capitalist.
Comment on this summary
Be the first to write a comment! Sign in to share your opinion
If you wish to purchase 20 or more copies of this title (not the summary, but the actual book), please contact us at info@getAbstract.com. Make sure you include the title of the book and your phone number.
getAbstract makes it easy for you to access the summary of Hot Commodities any time or any place. Once registered, you can choose from a variety of download formats: PDF for your computer, BlackBerry, iPhone, Kindle, PDA or other handheld devices. You can even obtain the audio version of many of our summaries.
Subscribe today to gain access to this summary as well as many other compelling titles!
