Jim Rogers : Malaysia Is Headed In The Right Direction

Jim Rogers : "Malaysia has the second best fundamental situation in Asia after Myanmar — which is totally undeveloped, versus Singapore — which is already very developed. I'm not saying rush in and buy Malaysian stocks today, but the country is making changes — it is headed in the right direction and still has a long way to go, so there are a lot of opportunities." - in The Edge Malaysia


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%.

JIM ROGERS : Malaysia is at the right place at the right time

JIM ROGERS : "You have huge reserves, abundant natural resources and Malaysia is at the right place at the right time. Of the many countries that have opened up, I would say Malaysia is one of the most

attractive.
 "Malaysia has to show outside investors the vast opportunities available for foreign investors.
 "There are many good companies and opportunities existing in agriculture and development, like what you have been doing in Johor, which could be exciting for Malaysia, as well for outside investors. "You have to accelerate that trend, you have to let investors know that they are welcomed here and that they will be treated like everybody else."


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%.

[VIDEO] JIM ROGERS Bullish on Malaysia and Russia

Jim Rogers on investing in Malaysia, the century of Asia, & frontier markets Jim Rogers is a world renowned commodity investor and author of 'Street Smarts: Adventures on the Road and in the Markets'. He spoke with The Prospect Group about Malaysia as an investment destination, the century of Asia, and how investors can protect themselves.- in Zawya

Transcript

Is investing in Malaysia a good way to capitalize on ASEAN growth?

ROGERS: Malaysia has a few things going for it now. It has a government that understands how the world is supposed to work and it is trying to open up so that if people accomplish something they can see the fruits of their labor. They have lots of natural resources, are right in the middle of the region, and speak multiple languages, so Malaysia has a lot going for it. I would not have always said that. I have had criticisms of Malaysia in the past, but at the moment, I have investments in Malaysia for the first time in a long time.

I first came to Malaysia to make investments in 1985, so I have been involved one way or the other for nearly 30 years. At times I have been very pessimistic about Malaysia. At the moment, partly because of the new government, which is taking a very open approach to Malaysia and to the world. This is a government that understands economics better than some governments, has big reserves, has huge national resources, and has a very large agricultural component of their economy, and I am extremely optimistic about agriculture. Malaysia is right here in the middle if ASEAN and I am optimistic about what is happening in ASEAN. They have this neighbor called China as well. They are multicultural, which sometimes has been a negative here, but they have multiple languages. There are a lot of things going on in Malaysia that, for me anyway, means it's time to start thinking about or investing in Malaysia again - and I have by the way, I do have investments in Malaysia which I made about 2-3 years ago because I saw what the new government was trying to do. So I am more optimistic about the future of Malaysia. There are problems everywhere, but there are many reasons to be thinking about investing in Malaysia now.

How do you see Malaysia's plantation industries positioned?

ROGERS: One of the sectors of the world that I am most confident about and optimistic about is agriculture. If you get tired of doing broadcasting, you should head off and become a farmer. One of the great strengths that Malaysia has, which most people do not seem to pay much attention to, is agriculture. That is one of the reasons I am most optimistic about Malaysia.

Are you invested in palm oil?

ROGERS: Indirectly, I own an agricultural index, which includes palm oil futures. I do not own palm oil itself. The reason for that is my lawyers will not allow me to buy individual commodities because I am always writing about them and talking about them, so I invest in commodities through the Rogers Indexes, one of which includes palm oil.

To what extent do political implications hold commodities back?

ROGERS: Fortunately or unfortunately, depending on which side you are on, there are always people scrutinizing everything. Whether it is Microsoft or palm oil or whatever it happens to be. It goes with the territory. Whenever somebody interferes with something it impedes the growth of that industry - and maybe it should be impeded. I do not happen to think there is much wrong with palm oil. It provides jobs and income for a lot of people. But, there are other people who disagree and that is part of the game, no matter what the game is. If you are selling Coca-Colas on the street corner, somebody is going to come along and complain.

Where do you see opportunity in frontier developing markets?

ROGERS: Well, the assets right now are in Asia. The largest creditor nations in the world are China, Korea, Japan, Hong Kong, Singapore, and Taiwan. This is where the money is. Malaysia has big reserves for its size. A lot of countries have big reserves in Asia. You do not have gigantic debts in Asia. If you look out the window, you can see where the debts are. Go East or West, depends on which way you want to go, and you will see a lot of debts in Europe and America. I moved to Asia because I want my children to grow up in Asia because this is the century of Asia and I want them to be here. Now there are some great opportunities. Many of the ASEAN countries are going through big changes, Malaysia, Indonesia, Myanmar, my goodness what is going on in Myanmar. So most of the good opportunities will be in Asia. Korea I find very exciting, or what is happening in South Korea anyway. Russia to my astonishment. I was bearish on Russia between 1966 up until recently. So there are plenty of opportunities. In Angola there are great things happening, Tanzania, and Ethiopia. There are places in the world where things are getting better, but unfortunately for the world, the largest economies in the world are having problems, and that means everybody will suffer.

What is the best way for people living in places that do not have the brightest outlooks to protect themselves?

ROGERS: Move. No, the best way you can protect yourself is to learn about what is happening outside your own country, whatever your own country is. By the way, everybody should have some investments outside their own country as an insurance policy. Even if you live in the best country in the world, have some money somewhere else just in case. You have your health insurance policy, have a country insurance policy. There are great opportunities taking place in many parts of the world, so you should take some time learning about those investments. Many countries are going to go through the ringer in the next decade and you need to protect yourself in case you happen to have your assets in one of those countries. I am not the least bit optimistic about the US and these other places in the coming decades, so you need to have diversification and protection.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%.

Jim Rogers on Investing in Malaysia, the century of Asia, & frontier markets

JIM ROGERS : Malaysia has a few things going for it now. It has a government that understands how the world is supposed to work and it is trying to open up so that if people accomplish something they can see the fruits of their labor. They have lots of natural resources, are right in the middle of the region, and speak multiple languages, so Malaysia has a lot going for it. I would not have always said that. I have had criticisms of Malaysia in the past, but at the moment, I have investments in Malaysia for the first time in a long time.

I first came to Malaysia to make investments in 1985, so I have been involved one way or the other for nearly 30 years. At times I have been very pessimistic about Malaysia. At the moment, partly because of the new government, which is taking a very open approach to Malaysia and to the world. This is a government that understands economics better than some governments, has big reserves, has huge national resources, and has a very large agricultural component of their economy, and I am extremely optimistic about agriculture. Malaysia is right here in the middle if ASEAN and I am optimistic about what is happening in ASEAN. They have this neighbor called China as well. They are multicultural, which sometimes has been a negative here, but they have multiple languages. There are a lot of things going on in Malaysia that, for me anyway, means it's time to start thinking about or investing in Malaysia again - and I have by the way, I do have investments in Malaysia which I made about 2-3 years ago because I saw what the new government was trying to do. So I am more optimistic about the future of Malaysia. There are problems everywhere, but there are many reasons to be thinking about investing in Malaysia now. - in zawya.com



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%.

Jim Rogers : Malaysia needs to relax its foreign ownership policy

Jim Rogers : "When people think of Malaysia, they think the government owns or controls a major portion of the economy." he said, adding that the government should grant incentives to Malaysians who invest in companies that are privatised to speed up demand from investors.
"Assets disposed are sometimes better off in the hands of the private sector rather than with the government.
"International investors can go anywhere, and they don't go to places where there are restrictions and problems, they prefer the open, exciting and dynamics places.
"If you want to invest in a bank in the US, you just pick up bank bonds. There is no restriction on how much you can own and in how many banks, you can own whatever you want," Rogers added.
"You have huge reserves, abundant natural resources and Malaysia is at the right place at the right time. Of the many countries that have opened up, I would say Malaysia is one of the most attractive.
"Malaysia has to show outside investors the vast opportunities available for foreign investors.
"There are many good companies and opportunities existing in agriculture and development, like what you have been doing in Johor, which could be exciting for Malaysia, as well for outside investors.
"You have to accelerate that trend, you have to let investors know that they are welcomed here and that they will be treated like everybody else." - in thesundaily



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%.

[Video] Jim Rogers on Investing in Malaysia, the century of Asia, & Frontier Markets

Jim Rogers is a world renowned commodity investor and author of 'Street Smarts: Adventures on the Road and in the Markets'. He spoke with The Prospect Group about Malaysia as an investment destination, the century of Asia, and how investors can protect themselves

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%.

Jim Rogers optimistic on Malaysia and Asia

Malaysia is making positive dramatic changes. I am extremely optimistic about Malaysia and Asean. In fact I don't see any countries in Asean going the wrong way. There will be a huge currency turmoil going forward and when that happens I rather be with the creditors rather than the debtors. There is no such thing as a sound currency. No country will be able to escape unscathed, but the positives changes in Asia will enable the region to rebound quicker and emerge stronger. The ones doing the right things will lead the next phase.

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%.

Jim Rogers : I am extremely optimistic about Malaysia and Asean

Jim Rogers : "Malaysia is making positive dramatic changes. I am extremely optimistic about Malaysia and Asean. In fact I don't see any countries in Asean going the wrong way,"  in KUALA LUMPUR @ Invest Malaysia 2013 : 14 June 2013



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%.

Jim Rogers : The Greatest threat to the Malaysian Economy is its high household Debt

 Jim Rogers opined that the greatest threat to the Malaysian economy is its high household debt which is growing rapidly. Global markets have seen a rise in volatility on the propsects of the Fed launching its tappering action.

Emerging markets have been particularly hit hard with the prospect of outflow of capital to safe havens and advanced markets.

Bursa Malaysia has not been spared either. The benchmark index, the 30- stock FBM KLCI, dropped by 32 points or 1.8% yesterday to close at 1,742 points as the post election sell-off suggests a short term bearish trend. - in themalaysianreserve



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%.

Jim Rogers interested in Malaysia

“I’m seeing positive changes in Malaysia under the new leadership. The Government is making a strong effort to boost foreign direct investments.
“My view is that Malaysia has the fundamentals, resources and strategic location within South East Asia (SEA), but there needs to be a fair playing field in order to attract more foreigners who are previously gun-shy due to changes in the policies, for example the previous pegging of the ringgit to the US currency.
”Stop the mistakes of the past and move forward,” Jim Rogers says in an interview with the Malaysian paper biz.thestar.com.my

Jim Rogers : I look to Asia 2020 not America 2020

Jim Rogers in Malaysia interviewed by The Leaderonomics Show

Jim Rogers attended the Malaysia CIMB Private Banking Investment Conference 2010 in July 7
Famed American investor and market commentator Jim Rogers, updated Malaysians on his investment strategies including commodities, at CIMB Private Banking's "Investment Conference 2010" here on July 7.

Commodities legend Jim Rogers is the co-founder of the Quantum Fund and is an international investor and college professor. He is also the author of several investment books and an economic commentator as well as creator of the Rogers International Commodities Index (RICI).Rogers latest book is 'a gift to my children'
Jim Rogers : what's keeps me going are my little two girls , I never wanted to have children I thought children are a waste of time energy and money I was never gonna have children How could I do something so foolish , I used to feel sorry for my friends who had children , I want you to know I was totally wrong completely a 100% wrong , now I spend as much time as I could with these little girls it's great fun ...if there is anybody who hasn't done it I urge them to get home and to get on with it ...you know ...it's a wonderful fun do it...children taught me a lot about myself that I did not know bring out emotions about me that I didn't know...I understand my parents for the first time...the best advise I give to my daughters is beware of the boys , I was a bad boy I know ...do not believe them ..do not believe the boys for goodness sake..I tell them to be skeptical of everything they hear question everything make their own research make their own decisions


James Rogers is an American investor and financial commentator based both in Singapore and Miami. He was a co-founder of the Quantum Fund, and is a college professor, author, economic commentator, and creator of the Rogers International Commodities Index (RICI). He is an outspoken proponent of the free market but does not consider himself a member of any school of thought. Rogers acknowledges, however, that his views best fit the label of Austrian School of economics.

Jim Rogers speaker at Malaysia CIMB Private Banking Investment Conference 2010 in July 7

KUALA LUMPUR, June 14 (Bernama) -- Famed American investor and market commentator Jim Rogers, will update Malaysians on his investment strategies including commodities, at CIMB Private Banking's "Investment Conference 2010" here on July 7.

Rogers is co-founder of the Quantum Fund and an international investor and college professor. He is also the author of several investment books and an economic commentator as well as creator of the Rogers International Commodities Index (RICI).
Via BERNAMA