Legendary Jim Rogers said that we are suffering from a shortage of farmers and that great fortunes are going to be made in farming in the next decade cause the prices are going to be so high , he suggested moving to Brazil or Africa to start a farming business these are the places that have all the conditions to become the new food baskets of the world .: "....The water table in the south west I am told by people who claim they know is under terrible stress and within a decade there are not going to be agriculture in the south west because the aquifer is draining so fast , we do have some excess land in the US which can be brought in production but we are not what we used to be we are not Brazil for instance , Brazil has huge amount of land which can b brought into production , Africa has huge amount of land that can be brought into production , and so if you want to be a farmer or if you want to marry a farmer I would suggest going to Brazil or Africa or some of the places where the fortunes are going to be even bigger and better , there are a lot of women farmers too , so guys who are looking for a rich and smart wife that's the place to go..." - in TMRN Time Monk Radio - 2011-08-21
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%.
Who is Jim Rogers ?
James "Jim" Rogers was born in Oct. 19, 1942 and grew up in Demopolis, Alabama .Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%. They ran what is considered to be one of the first truly global macro hedge funds. . In 1964 he got his first job on Wall Street at Dominick & Dominick in the summer between high school and Yale University, that's how he got his first experience with stocks and bonds. He immediately fell in love with the job. After Oxford, he returned to the U.S. and joined the army in 1970 he returned to Wall Street, working again with Dominick & Dominick. That same year he joined Arnold S. Bleichroeder, where he met George Soros, and together founded the Quantum Fund. This has opened a new era of global macrotrading and inspired numerous imitations and spin-offs. In the book "Money Masters of Our Time," Jim Rogers writes about that time "the most important thing in my life was work. I did not do anything until I had completed my work." To emphasize this professional ethic , it is good to remember that he did not made any holiday for ten years. In 1980, Jim Rogers has decided to "retire" at 37 years. Since then he has spent much of his time traveling and supporting the causes of philanthropic and taking on many high profile roles in the media. However, he continues to be an active investor and media commentator