Meaning: The quote "Right now I own shares of companies in 28 countries" by Jim Rogers, a well-known businessman, investor, and financial commentator, speaks to the importance of international diversification in investment portfolios. Jim Rogers is known for his expertise in global investing and has often emphasized the benefits of investing in a wide range of countries and regions. This quote reflects his belief in the value of spreading investment holdings across multiple countries to reduce risk and take advantage of opportunities in diverse markets.

Rogers' approach to investing is rooted in the concept of seeking out opportunities in markets around the world, rather than limiting investments to a single country or region. His investment philosophy is based on the idea that different economies and industries experience varying levels of growth and development at different times, and by diversifying across countries, investors can potentially benefit from this global economic diversity.

The statement also highlights the increasing interconnectedness of the global economy and the growing importance of international markets in the investment landscape. As the world becomes more interconnected through trade and technology, investors like Rogers recognize the potential for significant returns and diversification benefits from investing in a wide range of countries.

By owning shares of companies in 28 countries, Rogers demonstrates his belief in the potential for growth and value creation across diverse economies and industries. This approach aligns with the principles of modern portfolio theory, which emphasizes the benefits of diversification to reduce risk without sacrificing potential returns.

Furthermore, Rogers' emphasis on international diversification underscores the importance of understanding global economic and geopolitical trends when making investment decisions. By actively investing in companies across 28 different countries, he likely stays informed about a broad range of economic, political, and social factors that can impact investment performance.

Rogers' quote also reflects his confidence in the long-term potential of global markets, as well as his willingness to navigate the complexities and risks associated with international investing. It suggests that he is not only focused on established and familiar markets but also willing to seek out opportunities in less traditional or emerging markets.

In conclusion, Jim Rogers' statement about owning shares of companies in 28 countries encapsulates his belief in the benefits of international diversification, the interconnectedness of the global economy, and the potential for value creation across diverse markets. It serves as a reminder of the opportunities and challenges that come with investing in a global context and underscores the importance of staying informed about international trends and developments.