Jim Rogers on investing in women

Commodity bull Jim Rogers was on Bloomberg Video this morning (does he still appear on those loopy Fox business infotainment shows on weekends?) and he's looking for ways to invest in the opposite sex.


Oh yeah, he also mentioned that he's in the process of dumping all his emerging market stocks except for ... wait for it ... China.

A few highlights:

On agricultural commodities

I'm long nearly all agricultural commodities - about 20 of them - because that's the place to be. It's better than the stock market, the bond market, or any other market that I know of right now. Dramatic fundamental changes are taking place for the better - it's one of the great places to make money in the next few years.

On supply/demand and global warming

Supply and demand is enough. If we start having global warming, that'll make it even better. Remember that we haven't had a world-wide drought for many years. We used to have world-wide droughts with some regularity. If we start having droughts again, who knows how high the price of agriculture will go.

On selling during bull markets

You should be very wary of selling anything when you're in a secular bull market. This bull market in commodities, including metals, has at least another decade to go. Prices are going to go up higher than any of us can imagine, including me, and I'm the bull.

On emerging market stocks

I've sold out of nearly all emerging markets. Right now, as we speak, there are probably ten thousand young MBAs out there flying around from one emerging market to another. They're all overexploited so I sold out. I didn't want to sell out of many of them - I'm hoping that when the next big correction comes, I'm smart enough to buy them back. The only one I didn't sell was China - I don't ever want to sell China, but if China doubles again this year, then it's a full-fledged bubble and I'll have to sell. I hope that something makes it go down so I can buy more - I don't want to have to sell China, but you have to sell when a bubble develops.

On investing in the shortage of Asian women

There's a huge shortage of women developing right now. In Korea, for every 100 girls, there are 120 sixteen year old boys. The same is happening in China, the same is happening in Japan, India. I have not found any good ways to invest in this - it's going to change education, it's going to change travel, it's going to change everything. You should become a divorce lawyer. Divorces are going to skyrocket in Asia as 26-year old women figure out that they don't have to be abused by their husbands anymore or their employers. The status of women is going to change dramatically and someone is going to make a lot of money off of it.

An equal allocation of Asian divorce lawyer and gay bar stocks would appear to be a prudent long-term investment strategy.