Jimmy Rogers isn't stupid. Sounds like Chanos got burned shorting China perhaps? I'm just wondering if all the emerging market inflation is priced in? Rogers is still long some China shares.http://dealbreaker.com/2011/07/jim-rogers-views-on-china-are-based-on-a-3-generation-time-horizon/http://dealbreaker.com/2011/07/jim-rogers-suggest-giving-up-banking-to-be-a-farmer/I like his views on farming. Anyone think MOS is a good buy today? Looks appealing to me.
MOS is a great stock but has the overhang of the spin-off of shares from Cargill. Unclear if all the shares have been sold or not. This probably accounts for recent under-performance vs. POThttp://www.agcanada.com/content/Crop-News/Article.aspx?ID=36781Also, you have to keep a hawk eye on grain prices. The stock will not go up if corn, etc. are going down. In a broad commodity sell-off, MOS will provide no safety. Believe me, I know.
Also, Rogers is obviously talking his book. I have no idea what Chanos shorted or when but large-cap China is basically flat over the last 2 years... neither a big winner, nor a big loser.http://finance.yahoo.com/echarts?s=FXI+Interactive#chart1:symbol=fxi;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined