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%.

Thursday, March 29, 2012

You should be worried about 2013, 2014 but overall 2012 won’t look so bad

Jim Rogers : “As I have explained several times, this is an election year in the united Staes as you well know and there are something like 40 or 45 elections over the next 12 months including France, US, Germany. So we have a lot of elections, a lot of politicians who want to be re-elected, so there is going to be a lot of good news. The people who is receiving the money which is being spend and printed are obviously going to be much better off in the next year or so. The overall situation however is getting much worse because the debt is going through the roof for all of us. So, you should worry about 2013, you should be very worried about 2014. But this year more or less is not going to be so bad.” - via wallstcheatsheet




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%.

Short Emerging Market Stocks

Jim Rogers : “Right now I’m short emerging market stocks (NYSE:EEM) as a potential hedge (against commodities).” – CNBC 


 
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%.

Jim Rogers : Nobody knows how much China is growing, including China

Jim Rogers : “Nobody knows how much China (NYSE:FXI) is growing, including China. I don’t pay attention to all of these figures. They’re not important to me. They’re irrelevant. China is certainly doing better than most countries and it will continue to do so. It will have setbacks. There’s nothing that says China should not have a recession. But China has a lot of money saved for a rainy day and when it rains they’re going to spend. America doesn’t have any money saved for a rainy day. And when it rains we’re going to try to borrow it or print it, neither of which is good for America or for the world.” – Business Insider - via wallstcheatsheet



 
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%.
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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