Jim Rogers explains why he invested in Graphene and other start-up company's,
"Graphene according to scientists is going to be as important to the world as scientists. I did not say that, but scientists say it – it is thinner than paper and stronger than steel and they can even use to purify salt water. I have been bullish on graphene for a long time, and all of a sudden an entrepreneur in this space shows up – he has been in this business for a while, and therefore I put some small amount of money."
Jim Rogers invests in Graphene - 2017
On cosmetic industry,
"You know the Chinese cosmetics industry is unbelievably booming. Who knows where the cosmetics it will go – the Chinese are now saying they don’t want Korean stuff because they are in bed with the Americans."
Risks involved with start-ups,
"If I lose all my startup investments, it is not the end of the world. The way I look at it – if these investments come to nothing, I won’t even notice. I don’t pay any attention to my startup investments."
"Many of the start-ups have become gigantic, or will become gigantic in the next 20 years. But thousands of start-ups have disappeared in the last 20 years. We remember Facebook because it is successful, but we don’t remember MySpace—it was a gigantic failure backed by unbelievably smart people with money including (News Corp Rupert) Murdoch.”
"Ask me again in 10 years, and even 10 years later, I don’t think I will have many more start-up investments than I have now. Maybe some really smart guy or woman comes and meets me, I may do something, but I am not changing my spots and my start-up investments are all coincidental."
"We don’t know what is going to happen to Uber. You read the press about Uber recently and you say, ‘what is going to happen to them?’ Tesla is making all time highs, but I know guys who short Tesla, and who swear to me saying it will go bankrupt. I don’t know – I don’t have a position long or short in Tesla. Ask me again in 10 years, and even 10 years later, I don’t think I will have many more startup investments than I have now. Maybe, some really smart guy or woman comes and meets me, I may do something, but I am not changing my spots and my startup investments here were all coincidental."
