Invest in food commodities, what India needs to have and use: Jim Rogers

by Dave

livemint.com


On agri-business

In agriculture, you invest in about anything. It has recently come down, but I expect it to much much higher over the next decade, or so.

Lots of what we consume—sugar, wheat—we are using it in fuel tanks. In my view, therefore, it is a good place to invest.

Top picks in commodities
Things like sugar and cotton are far, far below their all-time highs. I am not saying these are the best, but I will go and do some homework and some research on coffee, sugar and cotton…maybe silver…maybe Zinc… These are the places I see an opportunity.

Top picks in India
If Asia is going to continue to grow, if India is going to continue to grow, the best way to invest is to buy things that India has to have and has to consume. The best is commodities.

Some (equity) sectors are going to do well whatever the situation. India has a huge water problem. Gigantic. If you are in the water business, you are going to make a fortune. If you are in the agri business, you are going to make a fortune. Indian tourism has a great future.

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