Jim Rogers On Commodity firm IPOs

Jim Rogers: "We certainly can have temporary tops. In the 1970s, when we had this huge, bull market, there were plenty of times when commodity prices went down."
"That's the way markets work. Oil has gone down over 50% four times since this bull market started in 1999. If people don't understand how markets work, they should not be investing, I assure you."
"I don't really own many commodities stocks. I mainly own commodities. Yale University did a study which showed that you would have made 300% more investing in commodities themselves rather than commodities stocks over the past several decades. When I say commodities, I'm not talking about stocks--I'm talking about commodities. I'm talking about real stuff." - in Benzinga


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.