Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market

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
 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.