Sunday, December 11, 2011

Jim Rogers bullish on Japanese Stocks but only for the short Term

Jim Rogers : first of all you should not believe all what you read , what I said about Japan was that the Japanese stock market today is where it was in 1983 that's 28 years ago that's a long long time ago so things are very cheap , now the reasons that they are so cheap it seems to me that Japanese has reoriented itself , the Japanese stocks are now a way to play Asia and to play China so it is a great buy in Japan , it is cheap they reoriented the economy ...I am not given up on Japan at all but I would only own Japan for a year or two or three , Japan got serious problems , Japan is the largest internal debtor nation in the world and they got a declining birth rate a declining population , no no ten years from now I couldn't imagine Japan , Japan will is going to have horrible problems ten twenty years from now

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

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 "