JIM ROGERS BLOG is An Unofficial Tracking Blog of Global Investor Wall Street King and author Jim Rogers , his investments speeches interviews ideas and much more....
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 Chanos China is in the midst of a world class property boom and it is a boom that is based on constructing high rise buildings , they putting up high end condominiums in all their cities , and it is leading to the economic growth that we are seeing , 60% of this country's GDP this year 2010 will be construction and of that we believe 75 to 80 percent of it is high rise real estate construction , so that's almost half of their GDP is coming from that , no major economy in the world have sustained anything like that for anything over a very short period of time says Jim Chanos.... Kynikos Associates President James Chanos argues Chinas property boom is leading to economic prosperity
Farming is going to be one of the greatest sectors in the next 30 years In the agricultural business , it has been such a horrible business we have shortage of everything , in the last thirty years , you have now shortages of fertilizers of seeds , we have shortages of tractor tires because it has been a terrible business and nobody is investing in it , we have shortage of farmers , most farmers in the world are old men because it has been such a terrible business...Farming is going to be one of the greatest sectors in the next 30 years go get yourself a mining degree if you do not want to be a farmer , because that's where the great fortunes are going to be made in the next ten twenty thirty years , the paper shuffling on wall street and in the City of London is finished , throughout history we have had major shifts when we had long periods when the financial community have been the center of the world , we also had long periods when agriculture or mining , the people who produce real goods have been the center of the world well we are now in a period of gigantic shift where we are shifting from the world of the financial ties to the people who produce real goods , and for the next twenty or thirty years it is going to be those people who are going to be in charge
Jim Rogers president of Rogers Holdings is a successful hedge fund manager, investor, writer and regular media commentator. In the 1970's he co-founded with George Soros the Quantum Fund, a private investment partnership which invested in commodity futures, among other investment vehicles, and experienced superior returns over 10 years. former partner and co-founder of the Quantum Fund, and a truly legendary international investor who helped generate a 4,200% total return over a 10-year period .Jim Rogers is always bullish on Asia Commodities Agricultural Products gold and silver . Rogers has been chronicled in John Train's “Money Masters of Our Time”, Jack Schwager's “Market Wizards” and other books. He is the author of several books on investing and the market, and in December of 2004 published “Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market”. Jim Rogers once said about investing in commodities :"Investing in commodities can be a hedge against a bear market in stocks, rampant inflation, even a major downturn in the economy. In fact, I believe that investing in commodities will represent an enormous opportunity for the next decade or so.” Jim Rogers Commodity Index Rogers International Commodity TRAKRS , trades on the Chicago Mercantile Exchange under the ticker symbol RCI. The RCI represents the U.S. dollar value of a basket of 35 commodities consumed in the global economy both in developed and emerging markets
April 21 (Bloomberg) -- Steve Wynn, chairman of Wynn Resorts Ltd., talked with Bloomberg's Susan Li yesterday about the company's growth strategy in Macau. Wynn has applied to the government to lease 52 acres at Macaus Cotai Strip for another possible casino resort. Wynn, speaking in Macau, also discussed China's economic and currency policy, and the country's relations with the U.S. (This is an excerpt of the full interview. Source: Bloomberg)
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 "
