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Jim Rogers' No. 1 way to prosper in a weak, 1970s-style economy
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Thursday, April 16, 2009
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By Daily Crux Editor Brian Hunt:

Jim Rogers just completed his requisite monthly interview with a major finanical publication. This time it's BusinessWeek.

Some insights from the interview:

-Diversifying your time and money is a mirage. Master one field and get rich from it.

-His favorite commodity sector right now is agriculture.

And finally, consider his take on how commodities can still do well in a weak economy: "If the world economy is not going to revive, commodities are still the place to be—especially with governments printing so much money. Look at the 1970s. The world economy was in the tank, but commodities did very well. We have supply constraints. Oil production is declining."

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Topics: Jim_Rogers | Agriculture | Commodities
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