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%.

Monday, January 24, 2011

Jim Rogers : China has a terrible water problem

Jim Rogers : ...Well Justin, countries can survive civil war, epidemics, all sorts of things, but one thing the countries cannot survive is that they run out of water. China has a terrible water problem in the north as does India, which has an even worse problem. So if you can figure out a way to transport it, pump it, clean it, whatever you got to do, you will make a lot of money in water.
I would not suggest you own water, because if you own water, when things get really bad, the politicians will sneer and say, "You filthy horrible capitalist, you are making money off people's God given right to water." And if you are lucky, they will hang you in the city square. But if you can solve the water problems, they will build a monument to you in the city square and you will be extremely rich.....
via www.bbc.co.uk

JIM ROGERS: Oil going for $200

Global Investor Jim Rogers says oil is headed to $200 in a recent BBC interview Jim Rogers : "....Well, the surprise is going to be how high the price of oil stays and how high it goes, because Justin we have had no major elephant oil discoveries in over 40 years. The International Energy Agency is going around the world pleading with people to listen. Known reserves of oil are declining. It is not good news. Unless somebody discovers a lot of oil very quickly, prices are going to go much higher over the next decade...."

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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