Suggestions from a billionaire: move!

Jim Rogers, co-founder of the Quantum Fund, speaking before the CFA Society of Atlanta on February 6, 2013:

“I am optimistic about states with natural resources. Georgia is rich in agriculture and I am much more optimistic about it than states like Massachusetts and New York. The world is changing away from finance to producers of real goods. Finance is going to be a very difficult place to be in the next 20 to 30 years. Finance is over.”

“Move to the country. Be a tractor dealer or fertilizer salesman. If that’s not for you, open restaurants where there are farms.”

Jim Rogers to Ireland: Just Go Bankrupt

Jim Rogers: "It would teach everybody a good lesson, and in the end Europe would be stronger for it, and the EUR would be stronger... You can not spend staggering amounts of money that you don't have of other people's money that you don't have because somebody has to pay the piper. This is ludicrous. This will cripple the Irish economy for years to come. In the future Ireland will be crippled because everything they earn will go to pay off old debt. There is no reason why taxpayers around Europe or in Ireland should pay for other people's mistakes. The bondholders and the stockholders of banks should lose money"

Jim Rogers, billionaire investor commentary

Jim Rogers on Commodities, US markets and Bernanke