Legendary investor and China bull Jim Rogers told Bloomberg that he hasn’t bought any new Chinese stocks since November. He said they’ve risen too far, too fast, and that they will “probably collapse” at some point. Then, he’ll buy more.
Rogers is investing in commodities in lieu of equities as a way to play the China story.
Here’s a video of his interview on Bloomberg (click the Video tab to view)
Great comments from Jim, as always – he’s fired up!
More recent insights from Rogers: