Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Sunday, December 5, 2010

Jim Rogers : Short sellers are not what caused the problems

Jim Rogers :".... Short sellers are not whatʼs caused these problems. I mean Fannie Mae didn't collapse because of short sellers. Bear Sterns and Lehman Brothers didnʼt collapse because of short sellers, look at their balance sheets youʼll see why they collapsed. Short sellers are just the messenger theyʼre not the problem...."
Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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