~ Jim Rogers, interview with Daniela Cambone, Stansberry Research, 17:00 mark, March 8, 2022
Mar 13, 2022
Jim Rogers on Russian stocks
I am not sure why Putin is keeping this up... I'm not sure why Washington hasn't said, why Ukraine hasn't said, "Ok, we're not going to join NATO. We'll sign a treaty that we will not join NATO." What do we care if Ukraine is part of NATO or not? That would solve the problem and if that happens - no, of course for a while people are going to be angry at Russia, rightly or wrongly, it doesn't matter... - but that would mean that Russian stocks are very, very, very cheap. Eventually, I presume, that people would be drinking tea with the Russians again and drinking vodka and having a good time with the Russians again. I doubt if it [the war] will last forever. We had a horrible war with the Germans and the Japanese... Now they're our great friends. So times change. Peoples' attitudes change. And if you buy something cheap you usually - if you have staying power - usually make money.
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