A lot of investors are now buying ETF's and that could affect the stock market according to Jim Rogers.
"When we have the bear market, a lot of people are going to find that, ‘Oh my God, I own an ETF, and they collapsed. It went down more than anything else.’ And the reason it will go down more than anything else is because that’s what everybody owns.
If somebody can just take the time to focus on the stocks that are not in the ETFs, there must be fabulous opportunities in those stocks because they’re ignored. Some of them have got to be doing very, very well. And nobody’s buying them, because only the ETFs buy stocks."
via marketwatch.com/story/jim-rogers-says-etf-holders-will-get-mauled-by-the-worst-bear-market-ever-2017-09-21
Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.
