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%.
Friday, December 16, 2011
How Jim Rogers invests in China ?
Jim Rogers : In China, I am doing nothing. I own Chinese shares. Whenever Chinese shares collapse, I buy more, but they are not collapsing yet. The only thing I am doing in China is I own the Renminbi and periodically when I can I buy more Renminbi. You can’t just pick up the phone and buy a lot Renminbi but there are ways to buy it and commodities. I mean if you want to play China, commodities are a great way to play because they have to buy cotton, they have to buy lead, they don’t have any choice.- in The Street.com
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 "