Jim Rogers : I'm short technology stocks in the u.s. I'm losing money -- I mean, not losing money today, but I'm short emerging markets. I'm short European stocks and long commodities ,because if the world economy gets better, I'm going to make a lot of money in commodities. I also own the Japanese yen, the Swiss franc,there are lots of currency opportunities out there. there are plenty of ways to protect yourself. Maria, when things don't get better, they're going to print a lot more money. when they print money, you have to own silver, you have to own rice. you have to own real things if you're going to survive. - in CNBC 06 Dec 2011
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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, December 7, 2011
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 "