Jim Rogers needs no introduction. He is simply one of the best-known names in global macro. He co-founded the famous Quantum Fund with George Soros in 1969, returning 4,200 percent in a decade when the S&P 500 index returned a mere 47 percent. Never afraid of being a lone wolf, Rogers has consistently found wild, out-of-consensus investment ideas to buck mainstream views, such as investing in Malaysian rubber plantations or the Botswana stock market when most Wall Street practitioners were pitching traditional U.S. companies. In order to uncover the forgotten, neglected, or simply off-the-radar ideas, he has scoured the globe to such an extent that it has landed him in the Guinness Book of World Records for the longest continuous car journey—the second such adventure, following on the heels of an earlier motorcycle trip around the world that spawned his first best-seller, Investment Biker. Adventure Capitalist, his second best-seller, recounted his car trip around the world.
Indeed, with his latest offering, Hot Commodities, Rogers is at it again, claiming that despite the recent run-up in commodity prices, we are only at the beginning of a secular bull market in commodities that could last until 2020. He claims that history is on his side, noting that bull markets in the past have lasted for 15 to 23 years, according to his analysis. “One day farmers and lumberjacks may be on the cover of Fortune magazine, enrollment at Texas A&M ...