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%.
Saturday, December 31, 2011
Why own Stocks when one can own Commodities
Jim Rogers : well, I'm short emerging markets. I'm short American technology. I'm short European stocks. I don't see much reason to own stocks, Melissa, when one can own commodities. if the world gets better, I'm going to make a lot of money in commodities because of the shortages. if the world doesn't get shortages. if the world doesn't get better, shortages in commodities but then governments will print money and whenever governments have printed money, the way to protect yourself is to own real assets. - in CNBC
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 "