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, November 6, 2011
Jim Rogers : Greece should declare bankruptcy
Jim Rogers : Should they stay in the EU? Of course, they should. And they should stay in the Euro as well. But what they should do is declare bankruptcy and everybody takes some losses, and there will be huge losses. You ring fence the bags and you know, make sure everybody's checks clear. But just pushing this out into the future, you know, all of these plans, Jon, show everybody deeper in debt next year; deeper and deeper in debt in two years; deeper, deeper, deeper in debt in three years. This is not going to solve our problems. - in Reuters 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 "