Legendary investor and “adventure capitalist” Jim Rogers joins Julia La Roche on this episode for a wide-ranging conversation from the economy, markets, and investing to seeking adventure and lessons for younger generations.
In this episode, Julia and Jim revisit his Guinness World Record adventures, including his motorcycle ride across six continents in the early 90s and his journey across 116 countries in a custom-made yellow Mercedes convertible at the turn of the century.
In the conversation, Jim shares his views on the global macro economy and markets. The 79-year-old investor predicts that the next bear market will be “the worst” in his lifetime because of the explosion in debt.
Elsewhere, Jim weighs in on debt, inflation, the U.S. dollar, Bitcoin, commodities, agriculture, and China. He also imparts lessons for the younger generations.
0:00 Seeking adventure
2:22 Lessons learned traveling the world
4:30 How traveling shaped Rogers’ investing
6:30 Alabama to Wall Street
9:06 Working with Soros
10:00 October 19, 1987
12:15 Questioning everything
16:20 Macro outlook
18:15 “Worst bear market” in life
20:30 Longer-term consequences of debt
23:36 Outlook for the U.S. Dollar
25:19 Prescriptions for the U.S.
26:07 Thoughts on Bitcoin
27:50 Protecting yourself from inflation
30:00 View on agriculture
31:48 Secular trends
34:06 Investing opportunities
35:50 Bond Bubble
37:17 Short-selling
40:25 China
43:20 Lessons in life, investing
49:00 Views on education
52:40 Thoughts on the future of the world
