Jim Rogers: This is how to survive 'a lot of pain' ahead, reveals 'cheapest' assets

Jim Rogers, Co-Founder of the Quantum Fund and Chairman of Rogers Holdings, reflects on his life experience as a successful investor, including during the tumultuous inflation of the 1970s, and the lessons he learned. He also discusses central banking, commodities, Chinese economic growth, and motorcycles with David Lin, Anchor and Producer at Kitco News.
Follow David Lin on Twitter: @davidlin_TV ( / davidlin_tv )
Follow Kitco News on Twitter: @KitcoNewsNOW ( / kitconewsnow )
0:00 - Market strategy
2:17 - Rogers's life experiences
5:26 - The rise of Asia
9:32 - U.S. debt and growth
14:16 - Inflation and Fed policy
17:51 - War likelihood
19:43 - Outlook for 2023
23:02 - Losing money and past mistakes
26:05 - Understanding the market
29:54 - Cheapest assets
31:17 - Venture capital
32:03 - Investing regrets
34:00 - Shorting the British pound
34:50 - World superpower in 2050
35:57 - Favorite motorcycle and EVs
37:40 - Elon Musk
#stocks #investing #elonmusk
__________________________________________________________________
Kitco NEWS is a global news network based in Montreal, with bureaus in New York, Hong Kong, New Mexico, London and Vancouver. Since 2009, our journalists have helped investors make informed decisions through in-depth reporting, daily market updates, and interviews with key industry figures. We aim to accurately and impartially cover the economy, stock markets, commodities, cryptocurrencies, mining and metals.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit www.kitco.com/
Follow us on social media:
Facebook - KitcoNews/?r...
Twitter - / kitconewsnow
StockTwits - stocktwits.com/kitconews
Live gold price and charts: www.kitco.com/gold-price-today...
Live silver price and charts: www.kitco.com/silver-price-tod...
Don’t forget to sign up for Kitco News’ Weekly Roundup - comes out every Friday to recap the hottest stories & videos of the week: connect.kitco.com/subscriptio...
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

[@henriettatan]

David is so good at asking intelligent questions. Keep up the great job!

[@shanemills1699]

Wow are you serious haha refer to my comment above. His useless and unfortunately it’s intentional

[@andrewmiddleton1762]

He's really good, and developing a wry sense of humour

[@HipHopCantSaveMe]

He was kind of annoying in this one though

[@rickschneider9769]

He has practise! Asking questions all day long for months! ;-) 😀😃🙂

[@mattg5022]

Yes, I strongly believe he is pretty much the best jurno out there these days . . . again, a masterful interviewer . . .

[@mightypavers]

David is so good at asking questions! Better than most CNBC hosts for sure

[@williamwilliam5066]

Legacy media morons will fail endlessly. They are daft as brushes.

[@mg-by7uu]

Well to be fair he doesn't have a script handed to him by executives and someone in his ear yelling at him to follow the script, cut off guests, and steer the conversation in a way that portrays their agenda. Mainstream media interview questions are basically rhetorical. The question is meant to influence the viewer not get answers

[@anothertexan1036]

Jim Rogers is an investment titan, David Lin is an interviewing titan. Well done.

[@rumcoke9123]

please, dont compare the 2. One is an absolute legend, the other a young guy just starting.

[@billyhomeyer7414]

David lost all his money in crypto and promotes it unceasingly

[@anothertexan1036]

@@rumcoke9123 Trading and interviewing are two completely different things. When worthwhile guests come on, David asks great questions, unlike the new hosts of CWT.

[@anothertexan1036]

@@billyhomeyer7414 I wasn't aware that David publishes his PnL

[@cryptokoolaid]

@@rumcoke9123 Jim respects Lin a lot bro

[@jimd.2683]

David is a modest man who is wonderful at his job!

[@mr.bullion6786]

I moved to Asia 1998, long before Jim Rogers. The best thing I have ever done.

[@rumcoke9123]

to the young folks ( Im 50 now so not that young )...listen to this man. Not just advice, but how humble he is. This is one of the most successful investors of all time. The bitcoin pumpers who seem to know it all ( Saylor, Pomp, etc,...) and are NEVER wrong need to learn from this man.

[@ariesbull]

Agree with you on this. Humble is lacking these days. + I’ve listened to Saylors story and my interpretation of his move to Bitcoin is it was a gamble to rescue a declining business model.

[@miketyson8933]

Yea well times have changed, he just went to metals and retired a long time ago which is a smart move for sure. Metals are Constitutional money, nobody else is going to choose a digital currency backed by nothing from the people who are purposely destroying the money we have now

[@flutist001]

Always enjoy Jim's down to earth way of speaking: "cut spending with a chain saw".

[@mrlarry999]

One of the best interviews I’ve heard in the last 6+ months. Jim Rogers has enormous wisdom to impart upon his audience, but David, I must commend you for extracting that information from your guest. Well done sir! 👍🏼👍🏼

[@nickkacures2304]

Jim Rogers was great 30 years ago all he has been doing for the last 20 years is scream the collapse is coming the collapse is coming he needs to give sound investment advice not his same old stupid motorcycle stories and 20 years of ill advice that helps nobody.

[@steve734]

Jim's book "Investment Biker" is very entertaining although it was published almost 20 year ago, I see there are used copies available for a couple bucks. With his "aw shucks" demeanor and affable nature, it is easy for the interviewer to just throw him softballs. David does a great job of inserting some probing questions and that's where the viewer gets a chance to really learn something. Thank you David and Kitco.

[@chrisdennis2571]

Best interview of Roger's I've seen. David was actually able to get him off his rote schtik routine.

[@matinbali]

I must say I love that David is not one sided and blind like main stream media. He asks questions on stocks commodities metals currencies and crypto you cover it all David well done

[@markusfrey4256]

...my favourit Interview well ever at Kitco. Thanks Jim and a absolut great job David!

[@apothe6]

Good conversation! Love Jims humility despite the fact he's so experienced and tested

[@8000Christopher]

Well done David Lin. Wonderful to listen and learn, and to enjoy Jim Rogers' personality as well as your own.

[@robwindridge7804]

Great interview , you were both funny. You did a great job interviewing a legend.

[@garlandcampbell7994]

David, you are absolutely the best interview person I watch. I look forward to your future. Thanks

[@mattjhawken]

One of the (if not the) best interviews Ive heard. Thank you for your insight!

[@paulshias224]

David . your a first class host . humble and kind. thanks for your continued interviews and great insight with world class EXPERIENCED guests

[@dusty6468]

I've learned my lessons over the years as well but love to listen to others that rode the real bulls, not the mechanical ones, thanks for bringing on Jim, David

[@christopherbic7688]

A real cowboy indeed.

[@thomaspick4123]

It’s more fun to ride the cows. Let them get on top, backwards.

[@Antonocon]

Great interview. Great questions. Jim is a global treasure.

[@guanda76]

Jim is the best insight. He all share his real thoughts base on facts.

[@fusemunk]

Great interview David, a nice real rapport that give me the listener a real sense of genuine warmth and honesty between you both. Top drawer.

[@LibertyBleeds]

Jim Rogers... One of the greats, always so practical!

[@anahitakatrak5995]

Always a pleasure to listen to Mr. Jim Rogers. Wishing you and Mr, Rogers Happy New Year.

[@user-jh8eq9mn3q]

Respect for him as a fund manager .. tons of respect

[@joewarren410]

David gets the task done in a reasonable period ... unlike some others that go on and on.

[@rafaeldelgado7860]

This is one of the best interviews of Jim Rogers that I've watched. And David plays an important part on it.

[@bobturner3388]

Jim Rogers, first time I have heard of him, sounds very informative. Great guest!

[@WilliamBenedict]

Thank you. I can't help but really like Jim Rogers.

[@Yodie208]

Jim Rogers is a national treasure as well as an icon of finance.

[@jayangli]

Yodie man is he?

[@thehungergames8918]

Jim is a legend 😃👋

[@jaysz6924]

“I did retire young, I wanted a second life” 3:50. That was a profound statement.. a second life out of the rat race.. 🤯

[@thehungergames8918]

Uranium ☢️ Gold 🏅 Silver 🥈💪💪💪😃👍

[@darrenb1117]

Jim Rodgers is a gentleman ........and David is excellent as well.

[@timothyoherlihy5391]

A legend interviews by the most intelligent, conscientious and modest of interviewers. Well done to you both.

[@555savas]

I do agree with lots of things Jim has mentioned. It was an absolute pleasure to watch. Well done. 👍

[@christopherbic7688]

I love Jim Rodgers. His heart is lovely.

[@jerrytan6215]

Such a wonderful reflective dialogue with a wonderful personality. Thank you David and Jim.

[@bhupendranath2010]

I love the wisdom being shared, appreciated!!!

[@russcollar5353]

You've done a great job of conducting these interviews David, thank!

[@fredmanoucheri]

David, you are great, excellent questions from guest!

[@JP-tm8lz]

As brilliant as Jim Rogers is, his every interview is the same. Not much of an advice and a lot of generic stuff. But I cannot help it, still listening to him again

[@leecooper3852]

My observations exactly

[@rickschneider9769]

He is exactly always talking the same. I just listen to hear if there is just anything really new he is telling now.

[@DougSmileyVirgo]

"calm down and wait" - the best investment advice I've ever heard.

[@rodneybinns]

One of the best interviews in a LONG time

[@teamthinkbiginternational475]

Jim is a humble man, always a consummate gentleman!

[@bmwabbitnator]

Great stuff David

[@philipstallwood9813]

The rapporte between David and Jim is very warm and we get alot out of it. Well done.

[@thetruth9656]

Jim was the Dad I never had. Salute you sir

[@JohnDaniels]

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless." - Thomas Jefferson

[@matthewsilva285]

Exactly John... now our people are fearfully ignorant of these pertinent facts they are attacking each other in response to the noose tightly tugging on their necks. John Locke wrote about how this plays out among many others of his time.

[@JohnDaniels]

@@matthewsilva285 Totally agree! This cycle has happened over and over in countries through history. I don't think there is any way to stop it. Maybe in the future there will be better systems setup so this does not happen.

[@adamg4490]

I think I just found my new hero! This guy is a legend!

[@fubarbrandon1345]

Thanks for another great guest and interview.

[@CassiusCuvee]

Another great interview by David Lin

[@quilarvium8606]

Usually don’t watch Kitco since Danellia left. But who can resist Jim Rodger’s. A true common sense pioneer who’s always correct in the end!

[@jamessmith1652]

Gotta love that mutual respect between the veteran and the young'un.

[@SabbathSOG]

Jim Rogers! It's about time.

[@Bevsmith6548]

Jim Rogers holy grail: " I can still pay my bills." 😅

[@MJ-up3lw]

David, the way you ask questions are amazing! Keep it up!! It’s just hard to get on point answer from him 😂 key word is something “cheap” haha

[@roxo1454]

Jim Rogers is my favorite

[@pinealgland2922]

Great and interesting questions this interview round with Jim. Loved it thanks!

[@TheIntrepid121]

Humble and astute in good measure, always a good listen

[@calebfast8088]

Incredible questions, love your interviews! :)

[@arete1394]

Thanks David. I was waiting for JR's interview. HNY to both.

[@Chapelinvest]

Jimmy‘Singapore sling’ Roger’s gotta love him. Great job David keeping the legend on point

[@hast8585]

Absolutely fantastic

[@skchu9960]

he is always so humble and real 🙂

[@NLGVIDEOS2]

WOW! first time watching Kitco NEWS that was excellent!!!!

[@christosioannidis5774]

One of the best interviews

[@antonanton9]

Thank you Kitco!

[@alexisboucher523]

Thank you Jim for that advice, invest in what you understand.

[@boopfer387]

david, jim thank you so much!

[@TheEzlau]

Golden interview! 🏅

[@trevorclark7036]

Great interview! David asks such good question.

[@nickbarr2717]

I love Jim Rogers! Such a gentleman!

[@Fibonacciwarrior]

David is the best interviewer from the 80’s

[@frankinfante791]

Thank you for a great interview

[@graemenormington2746]

Grest interview David. Quite a few gold nuggets of info from Jim. Happy New Year to you & your team

[@prosle3]

Hello, thank you for your broadcasts. Can you enable subtitles with multi language option.

[@carlospadilla128]

Jim is the MAN!!

[@trentels7290]

Best Advice EVER!!!

[@nanyunie]

I really liked this interview. Great job!

[@williampmcd8548]

Excellent interview.

[@sammie7752]

Jim Roger's...priceless!

[@danieldecides7894]

Tremendous interview - thank you.

[@ukaszagodzinski6329]

love Jim - true wisdom

[@jimfertall8351]

Great interview. David is feeling it.

[@susannamende1242]

Great questions, great answers!

[@purpletulip6499]

David is a super power in his interview questions...

[@matinbali]

So humble David so humble 🙌 🙏 😌

[@dougm9759]

Jim Rogers is a legend. Wonderful interview David, great job!

[@caaussie1605]

Hi David. That was a great interview. Thanks

[@michaelroshal9898]

really good questions from the host here! good interview, thank you!

[@deineintube]

Masterful interview.

[@purpletulip6499]

Direct and straight forward guy, humble px staying in my country now

[@sudheeraggarwal570]

Nice interview Good questions David

[@meythurston5297]

Excellent interviewer and guest !

[@godhead331]

Great interview.

[@eminalopatyuk6812]

Thank you gentlemen. Greatly done.

[@ssoffshore5111]

Emina, are you Ukranian?

[@eminalopatyuk6812]

@@ssoffshore5111 yes, I am.

[@gabrieles8281]

I rely on Kitco as Jim Rogers suggested and in David too

[@annmariegiovannetti4311]

Great questions David

[@latineichon]

Great interview