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, November 7, 2011

Jim Rogers : commodities are easier to understand and invest in than stocks

Jim Rogers : commodities are easier to understand and invest in than stocks , nobody could ever understand Siemens not even the chairman of Siemens because it has thousands of employees products suppliers factories , nobody can understand Siemens , but cotton ? we all know what cotton is , all you have to do with cotton is to figure out whether there is too much cotton or too little cotton , I did not say that was easy , there are millions of people trying to figure out all day whether there is too much cotton or too little cotton , but it is certainly a lot simpler , we all know what cotton is , we all know what orange juice is what oil is , we know what copper is , we do not know anything about Toyota or IBM or Siemens ...so if you can figure out whether there is much or too little , that's all you have to do and it is not easy but it is certainly a lot easier than understanding Siemens or Toyota ...- in RBS Conference 22.11.2011

Jim Rogers bullish on alternative energy

Jim Rogers : I am very optimistic about energy sources , yes wind power , solar power and all alternative energy sources have a good future , now wind power and solar power are not competitive in a free and open market they are not competitive with oil or even coal right now , but the politicians love wind power , they love solar power for many reasons so they would subsidize it , eventually when the price of oil and coal goes high enough they will have to subsidize it even more , so if you could find companies with good management in alternative energy you will make a lot of money , but be very careful because all the governments around the world are subsidizing alternative energy and that attracts a lot of charlatans , a lot of crooks a lot of fast money types , so be very very careful , but if you can find the good ones you could make a fortune ....- in RBS Conference 22.11.2011

Jim Rogers : I do not speak Chinese I am hopeless

Jim Rogers : I do not speak Chinese I am hopeless , my little girls tell me daddy please do not speak Chinese , Chinese is a tonal language , you have to hear the tones , I am almost tone deaf , so Chinese is the kind of language that you can say the same words but if you use the wrong tone , you could say "I would like a glass of water" but if you use the wrong tone it could be "take off your clothes" so you have to be very careful with Chinese , and since I do not get the tones I do not try to speak Chinese ....it would not be a worthy effort , it takes so much effort for me with my bad tones to learn it that I do other things with my time , My children speak perfect Chinese though- in the RBS Conference 22.11.2011
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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