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%.

Tuesday, October 1, 2013

Jim Rogers : I am not investing and do not want to invest in Brazil , they have anti Capitalist Government

EXAME.com - is Brazil  still a good place to invest ?

Jim Rogers
- No. The Brazilian government is making mistakes . It should be a wonderful place to invest , but this government keeps on making mistakes , imposing special tariffs against some of your best partner , exchange control and so on . Brazil continues doing things that constrain the economy . So , I'm not investing and do not want to invest in Brazil , while they have a government anti -capitalism or anti -efficiency. While they have a government that does not understand the economy I do not want to invest there.

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: US Government Shutdown is sham & charade to jerk us all around

It's been 17 years since the last time the US government partially ceased its work - but it's actually the 18th time in US history it's taking a so called 'spending gap'. In 1977, the government was shut down three times in as many months. Jim Rogers, author of Street Smarts, Adventures on the Road and in the Marketsand believes this vicious cycle is nowhere soon to end.

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%.

Commodities Bull Market : I haven't seen a Mania yet

More and more people on Wall Street say the commodities boom is over. Is it?

Jim Rogers : That's a very good question. I have certainly noticed what you've noticed, and it's a good sign from my point of view. I've been around markets long enough to know that when everybody's on one side of the boat, it's probably not the right side to be on. During the long bull market in equities between 1982 and 2000, stocks collapsed in 1987 and they fell in '90, '94, '97, and '98. Every time, people said, "Well, the bull market's over." But the bull market was not over. And like most long bull markets, it eventually ended in a mania and a bubble.

So you don't think we've reached the mania stage yet with commodities?

Jim Rogers : I don't see enough supply having come onstream in most commodities to end the bull market. Agriculture inventories are near historical lows because the world has consumed more than it grows for a decade now. Many minerals companies have canceled capital-spending programs because they, too, have heard from Wall Street that the boom is over. I haven't seen a mania yet. - in CNN Money







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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