- Jim Rogers’ global market outlook for 2015
- His strategies to navigate the market
- Markets where you need to pay special attention
- Possible pitfalls to avoid
- Balancing your portfolio to maximise returns
- His opinions on businesses with the potential to thrive
- His market and instrument picks
- The possibility of a commodities revival
- The aftermath of the Swiss Franc shocker
- The role of the central bankers
- Oil Prices and where it is heading
- Contrarian view on Russia
- US dollar strength and it’s effects
I was contacted by M Concepts Management to share this event in my blog and in return I will be given a complimentary ticket to Jim Rogers’ seminar – 2015 Market Outlook and Strategies (Early Bird Price: $198 | Usual Price: $298). I will not be attending so rather than letting it go to waste, I will let readers here have the opportunity to win the ticket. To participate simply leave a comment or contact me telling me why you do you want to go?
I will be selecting one winner and the closing date is 23 March (Monday) 12:00am. For the winner, please be prepared to provide your Full Name, NRIC, Email address and Mobile Number as I will need to send this information to the organiser. Please do not participate if you are not comfortable to do so.
Here are the details of the event:
Jim Rogers
11 April 2015 12:30pm - 2:30pm
Suntec Singapore Convention & Exhibition Centre
Hall 404 Seminar Room
What is in it for you.
Hey Derek, thanks again for your generosity in giving out the ticket! As promise, here is my write up of the event. As it is a paid seminar, I will try not to be too detail but I will share Jim’s insight against the global financial market and highlight few areas that he spent more time explaining.
The seminar was in the form of dialog where the host posted all the questions above to Jim and he answered all in detail. It was then followed by Q&A session with audience.
Jim began the session by inviting his younger daughter baby bee to recite Chinese poem on stage. The main idea was to show the important of mandarin in 21st century. His daughter speaks very good mandarin.
Jim believed in buying low and selling high rather than buying high and selling higher. He shared a few markets that he has invested or currently looking into, such as China, Russia and North Korea. While China is booming, he urged the audience to be watchful as Shanghai Composite Index is moving up too fast in a short period of time. He reckoned that it is not yet a bubble but be vigilance to monitor the market.
His view on balancing portfolio was different from the conventional wisdom, he proposed to put all eggs in one basket if want to get rich. Do not diversify with limited resources because that will not make you rich. However, you must know it very well and you must monitor it closely. If you are right, you will be very rich. This idea sounds very aggressive at face value but if we deep dive to understand the way he invests, we would not say he is too aggressive. He always pick multi-year low investment opportunity which provides a great level of margin of safety. This strategy combines with his understanding of the markets and his analytical skill does provide him great returns over the years. He did admit that he was bad in timing the market and hence the investment horizon for him is very long term.
As for his outlook on gold price, he predicted that the gold price will continue to correct this year and will go off the roof in the next few years. As for the oil price, his view was that the oil price will make a bottom this year and should not go under $30 per barrel.