저자: JimRogers · 외국인
요약 보기
시장이 사상 최고치라 버블 위험에 대비해야 하지만 아직 광기(hysteria)는 보이지 않는다. 중국 시장은 크게 하락해 바닥을 다지는 중일 수 있어 관심 있게 보고 있으나 아직 투자 답은 없다. 현재 미국 달러 현금을 많이 보유하며 달러 강세에 대비하고, 암호화폐는 본질적 가치가 없다고 본다. 초보자에게는 잘 아는 것에만 투자하고 핫팁을 피하라고 조언했다.
다듬은 글
hello everyone hope you're all having a great week my name is Drew the host of never behind today I will be sharing the second half of the interview with Jim Rogers now if you haven't watched part one of the interview I highly recommend that you check it out since Jim has shared great insights that I am sure you will find helpful when investing in a market like the one that we have today now before we get into the interview I wanted to share that Seeking Alpha is having a great promotion providing the premium service with a 20% discount I have also uploaded an interview with the founder of Seeking Alpha Quant system showing how he uses the Seeking Alpha platform step by step in order to find the best stocks that are set up to soar so if you are interested in Seeking Alpha please make sure you check the video on how to use the platform to find great companies and also make sure you use the link in the description below in order to get that 20% discount since the market is in a new all-time high there is a lot of stocks that are actually in their new alltime has as well but I think there is always a possibility of a huge Market pullback if not a market crash but for an investor like you do you use stop losses just in case to protect your losses or do you usually dollar cost average in whenever there is a pullback or the stocks you invested in goes against you I know people uh smart people who use stop losses I never have I wish I had many times and maybe I should learn learn I know that stop losses if for no stop- losses are good for some people but I do not use them everybody has to find their own way I have my own way of making mistakes don't worry I don't have an answer but people many smart people use stop losses successfully so then if you don't use a stop loss and the stock that you invested by some chance goes down do you dollar cost average and lower the cost or do you do your research again to make sure that your theory is correct or what what do you do when your stock invested goes down I guess well what I do when I make a mistake I do more and more and more research to see if I'm right or wrong and sometimes it becomes very clear that I made a mistake and I just have to take the laws it's not my not my ideal but that's what I do I reexamine and reexamine and sometimes I reexamine and do more work and buy more uh it just depends on what I find when I do more and more research to see what's wrong after the covid crash and the housing bubble uh popping in China lately there has been some well-known uh investors investing in Chinese stocks I was wondering about your thoughts on the Chinese market these days and if you see the Chinese market recovering and also if you have any interest or investments in the Chinese stocks as well at this point well the Chinese market is one of the few markets where I'm looking these days as you point out it is down it has a big problem and therefore there might be opportunities I am looking I don't have an answer for you yet but uh it's one of the few places that I am looking for new Investments because it's one of the few markets that's down I know why it's down we all know why it's down that doesn't mean it's the bottom but maybe we're getting closer seems to me that the Chinese market is making a bottom like many Bottoms in many markets so I'm looking but I don't have an answer yet would there be other sectors at you are keeping an eye on additional to the Chinese market well the things that get hurt got hurt the hurt the worse that's why I usually try to start you know travel tourism uh entertainment these are the sort of things that got hurt a lot in China but it depends on the bare Market every bare Market is different what I try to do is find the things that are down a lot as a place to start looking that does not always lead to an early answer or a quick answer but that's where I start so then is your portion of cash more than the portion of uh your Investments at this point or are you still I would say almost fully invested in the market or assets I have a lot of US dollar cash and the reason I have I mean the US dollar is a terribly flawed currency uh it's going to lose its status as being the world's number one currency I don't know when but my expectation is that when things get bad again the US dollar is going to go up a lot because people need a safe haven they think the US dollar is a safe haven for historic reason it's not the US is the largest de nation in the history of the world but it is still conceived or perceived as a safe haven so my plan and who knows but that is that the US dollar will go up a lot towards the end and I hope I will be smart enough to sell now the next question from you should be where you going to put the money that's part of the problem I cannot find yet a competitor to the US dollar something's going to compete with a dollar in the end I don't know what yet do you think that the cryptocurrency has any chance of being a global international currency as well as you just mentioned well anything has a chance do I if I do I have investments in crypto no I do not see that there's any value at all intrinsic or speculative but Andrew as you know many people have made a lot of money trading cryptos again I don't see I don't see I mean every government is working on computer money they want computer money it's cheaper for them easier to track they know everything you do they're all working on it but I don't think that Washington one day is going to say okay okay this is now this is now the money but if you want to use that money you can use their money too you can use their crypto money that's not the way these guys think normally historically so I don't see that coming I do see computer money coming it's already here in China it's already here in some countries but it's not it's not US policy yet I was wondering if there were any major indicators or signs or reports that you are keeping an eye on based on your experience in the investment world that you think would be the red flag for a beginning of a huge Market correction or maybe the market the next uh market crash well at the end of all Specky booms the same everybody you know is talking about the market you go to the dentist and the receptionist wants to talk to you about stocks you know cuz he or she is so excited about the investment world and it's always because it's so new to them and they know it's easy I mean these things have these things have been happening for hundreds of years these speculative booms and hysterical periods I hope that I will recognize out of control hysteria next time I don't see out of control hysteria yet I see a lot of absurd optimism but I don't see the hysteria yet that's everywhere I presume it will come it often has I hope if it comes I'm smart enough to recognize it and I'm smart enough to act I hope just to wrap up this interview I just wanted to ask if there was one thing that you would like to share with people that are beginners or who who have not been investing for a long time what kind of advice would you give them thinking of them as your son or relatives what kind of advice would you share with them well the main thing is this is not easy if you start thinking it's easy you better do some more work and I guess the main answer to your question is only invest in what you yourself know a lot about don't listen to the TV the internet the being friends at a party or a bar or something you're going to hear a lot of Hot Tips the worst thing you can do is invest in Hot Tips stay away from Hot Tips stay with what you yourself know a lot about don't listen to other people now people will say but that's boring okay be boring if you want to be successful if I told you you can only have 25 investments in your life life you would be very careful you wouldn't listen to a lot of people and jump in and out every day every week every month you'd be very very careful so I will say to you new investors all investors please just stay with what you yourself know a lot please avoid Hot Tips and the worst thing that can happen to you is you hear a hot tip you invest and you make money then you think oh my gosh this is easy and he knows what he's talking about so you call him up a month from now 6 months from now you think he knows what he's doing please ignore and avoid hot tips from everybody maybe Andrew can give you Hot Tips but most people you should stay away from W thank you very much for that advice Jim so again I think we went through a lot of topics today but I want to thank you very much for your time and your great insights as always and I would love to have you as a guest again in the later part of 2024 to learn from your insights again at this at that period as we see how the market plays out okay Andrew let's do it again sometime thank all right thank you very much be careful all right I will very very care be worried and be careful all right keep that in mind thank you bye bye
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