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%.

Sunday, September 11, 2011

Jim Rogers : I am going to make money because of the Shortages that are developing. in agriculture and precious metals

Jim Rogers : .... My portfolio, I own commodities, especially precious metals and agriculture. i own some currencies. i'm short stocks , I am short stocks in europe and I am short stocks in America and shorts in emerging markets. who knows if I'm right

....If the world economy gets better I am going to make money in commodities because of shortages that are developing. especially in agriculture and precious metals. if the world economy doesn't get better, Bob, you're not going to make any money in Toyota or IBM but you might make money in commodities because they're going to print more money. it's the wrong thing to do but they will print money. Bernanke is already printing money again. you have to protect yourself. So I am short stocks but I don't expect the world economy to get better. not much better anyway, if it does. And I am long commodities as a protection. - in CNBC 09 Sept 2011




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%.

No comments:

Post a Comment

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...