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, October 5, 2011
Government by committee will never work
Jim Rogers : I do not know why he (former budget director Peter Orszag) thinks that government by committee is going to be any better than government by Congress , no committees never work actually , if you are going to take it to the extreme what's you nee is a man on a white horse who will come and say OK enough of this mess , start over , I am not advocating that , I am not advocating that at all , .we have appointed a committee Lauren we have appointed a committee of 6 politicians now when I say that I laugh because 6 politicians are not going to be any better than 535 politicians - in RT America
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 "