|
Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market | 
 enlarge | Author: Jim Rogers
Publisher: John Wiley & Sons
Category: Book
List Price: £9.99
Buy New: £4.50
You Save: £5.49 (55%)
New (21) Used (2) from £4.50
Rating:  7 reviews
Sales Rank: 5713
Media: Paperback
Pages: 272
Shipping Weight (lbs): 0.7
Dimensions (in): 7.6 x 5 x 0.9
ISBN: 0470510765
EAN: 9780470510766
ASIN: 0470510765
Publication Date: March 30, 2007
Availability: Usually dispatched within 1-2 business days
| |
| Also Available In:
|
| Similar Items:
|
| Customer Reviews: Read 2 more reviews...
 Anyone can invest profitably in the world's best markets July 27, 2008
Thomas Koetzsch (Warmbach)
In his book `Hot Commodities", Jim Rogers gives us an account why he thinks investors should stop ignoring commodities as these potentially offer a better rate of return than running after stocks, bonds, real estate, some currencies or timber (that's an interesting one).
The first four chapters of the book give you the nuts and bolts of investing in commodities accompanied by plenty of anecdotes from Rogers' own investment activities. Of this first half of the book, chapter 4 is by far the most important. You need to know this information inside out, otherwise there is little point in investing in the futures market.
In the second part of the book - chapters five to the end - Rogers explains why China is likely to drive commodity prices in future largely based on where it is going economy-wise and even though there are certain long-term risks with regards to China's political stability, this is unlikely to dent much the country's demand for raw resources. Rogers follows this up with looking at five commodities, namely, oil, gold, lead, sugar and coffee. Some of his thoughts are quite convincing, but at the end of the day you will have to make up your own mind. In fact Rogers mentions on more than one occasion that every investor must do his own research before committing his money.
In his conclusion, Rogers again urges the investor to look `deeply' into commodities if only that it should make any investor a better investor even if he only ever invests in stocks and bonds.
I also urge you to read the appendix. You will find the information given here quite useful.
This book was published in December 2004 but this does not make it history as many of the underlying fundamentals of commodities are little changed.
Excellent advice for the beginner October 16, 2006
D. DALBY (Yorkshire, UK)
A study of the history of supply and demand of the commodities is essential reading for nayone wanting to trade. But don't forget the basics that apply to ALL trading, namely CUT YOUR LOSSES! Obviously commodities is more about supply and demand than stocks and bonds, so when the spot price is higher than the futures price, current demand is greater than supply and price will rise. Great book which should be part of every traders library.
 The next big thing is, things. March 6, 2006
D. S. Brelsford (Oxford)
3 out of 3 found this review helpful
THIS BOOK PUTS FORWARD A STRONG CASE FOR DIVERSIFICATION AWAY FROM STOCKS AND INTO COMMODITIES. GIVEN THE CHANGES IN THE SUPPLY AND DEMAND DYNAMIC DUE TO UNDERINVESTMENT AND THE RISE OF CHINA AND TO A LESSER EXTENT INDIA, WE ARE IN THE MIDST OF A COMMODITIES BULL RUN WHICH COULD CARRY ON WELL INTO THE NEXT DECADE. THE AUTHOR ALSO POINTS OUT THAT IN THE PAST, THE COMMODITIES MARKET HAS HAD AN INVERSE RELATIONSHIP WITH THE STOCKMARKET. RECOMMENDED.
This book gives credit to a well deserving underdog! January 5, 2006
Francis Kheng (London)
6 out of 6 found this review helpful
Commodities have always been playing second, third or fourth fiddle to the other 'major' financial asset classes. Jim Rogers uses his experience to give readers an overview of commodities, and why it is a viable alternative to stocks in certain periods of the business cycles.He also emphasises the importance of identifying important supply and demand fundamentals that ultimately determine the price of commodities at the end of the day, regardless of the bull-market hysteria which often props up prices in the final stages of the bull cycle. Interestingly, he also quotes a study from Yale university by some professors who have found that commodities can be less risky than stocks and have even outperformed stocks since the mid twentieth century, which can be controversial amid the existence of other studies that are around. However, it still makes a good read, and all investors will gain in terms of knowledge by a deeper understanding of commodities and the way they shape our lives.
Packed with Knowledge! August 19, 2005
Rolf Dobelli (Luzern Switzerland)
7 out of 7 found this review helpful
Jim Rogers' book is surprisingly similar in tone to those breathless radio ads inviting you to "invest now" in petroleum futures because bad weather in the northeast is sure to cause a shortage of heating oil. But, Rogers backs up his enthusiasm - dare one say exuberance? - with facts. His record as co-founder of the Quantum Fund speaks for itself. Of course, it doesn't take an advanced degree to figure out that as China continues its inevitable lumbering jog toward economic hegemony, its appetite for commodities will become insatiable. Hearing it from someone with Rogers' track record, however, gives it immediacy. Rogers seems to be talking to the general investing public, which may explain the awkward chapters that detour through commodity investment basics, but he heads for more advanced territory soon enough. As the founder of the "The Rogers Raw Materials Index Fund," he would probably relish a run on commodities. That said, Rogers makes a convincing case, and we strongly recommend his book to those looking to diversify into commodities.
|
|
|
www.pcprotech.co.uk | |
