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%.

Wednesday, September 22, 2010

China Property Debate Bull Vs. Bear

While Shaun Rein, managing director at China Market Research Group and Andy Xie, independent economist, agree that China is an easy scapegoat amid rising political pressure in the U.S., the two disagree on whether China is facing a real estate bubble. They speak to CNBC's Bernard Lo.

Jim Rogers : Cautious on markets at current levels

http://economictimes.indiatimes.com/Interviews/articleshow/6600915.cms

In an exclusive interview with ET Now, investment guru Jim Rogers says his way of playing is to be long commodities because whether the world gets better or not, commodities are going to do well. But he does worry about stocks because the stock markets are currently pretty high around the world, including India.

Would you be cautious on the Indian markets at the current levels or does everything seem to be hunky-dory?

I am always cautious whenever I am doing anything. The US and the Japanese central banks are intended to print a lot more money around this time. Money supply in the US has grown nearly 8% a year in last months and the Japanese two weeks ago made it clear that they were going to print more money. So we have this money flowing into the world and obviously it is going into the market. Your government, your central bank are going to be more cautious and I hope they are, but in the meantime, the money is going to go somewhere and it is going into stock markets around the world.

Read Interview >>>>
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...