Jim Rogers Prefers G-7 Officials `Do Nothing' at Meeting: Video

Jim Rogers Prefers G-7 Officials `Do Nothing' at Meeting: Video
Oct. 10 (Bloomberg) -- Jim Rogers, chairman of Rogers Holdings, talks with Bloomberg's Betty Liu from Singapore about the stock market sell-off, his investment strategy and opposition to government efforts to rescue companies with troubled assets. (Source: Bloomberg)

00:00 Short on small-caps, tech stocks, Treasuries
01:35 "I'm the world's worst short-term trader."
02:05 Buying strategy; opposition to bank rescue
04:32 Market "liquidation" vs. focus on fundaments
05:34 Company dividends; "let them go bankrupt."
07:38 Focus on agricultural, water-related stocks
08:06 Strategy for sellout; Asian markets outlook
09:37 Berlusconi's "insane" closing market proposal

Running time 11:07

Last Updated: October 10, 2008 11:31 EDT

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aAj_q7.fvm5s
mms://media2.bloomberg.com/cache/vE9eni21apug.asf

13/10/2008
Note the ticker as the panic grew and bounced back.
Complete liquidation of everything.
Jim is shorting more long term treasuries on this day.
The last bubble left is the long term government bond in America.
Jim not going to buy in America, except agriculture products.
Still short investment bank ETF. Bank of America is coming out of this crisis impaired as they
took over Merril Lynch. GE will not cut dividend.
If market is closed, the liqidity is gone and nobody can sell nobody has money.
Jim not buying into oil right now. But may buy Gold as it goes higher