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%.

Friday, October 25, 2013

Jim Rogers : I am not going to tell my children to switch over to Danish, because China is going to be the next great country in the world



 Jim Rogers :   In general, I don't like to buy China except when it collapses. The last time I bought China in any significant way was in October, November of 2008. But if and when the market falls, I'll buy.
I've read all those skeptical stories about China for many years, and so far they haven't come true. There will be setbacks: In the 19th century, as America was rising to power and glory, we had 15 depressions, virtually no human rights, little rule of law, massacres in the streets. We had a horrible civil war. You could buy and sell Congressmen in those days—you can still buy and sell Congressmen, but in those days they were a lot cheaper. Sure, China will have problems. But I'm not going to tell my children to switch over to Danish, because China is going to be the next great country in the world. You'll see problems and setbacks, but if you can find the right industries, companies, people, you will do well.- in Barron's



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 "
Related Posts Plugin for WordPress, Blogger...