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, January 4, 2012
2013 will be a horrible year compared to 2012
Jim Rogers : well I suspect that Merckel and that crowd are going to do something to make us feel better , remember the french have an election this year and I think they like to win the election so , I suspect we are going to see a lot of things coming out of the governments for the Euro , by the way Jeff there are I think 40 elections in 2012 around the world , they are going to see a lot of distortions in a lot of markets because there are a lot of government that are going to be spending huge amounts of money and printing a lot of money " " that's a strengthening of the markets for a while it is a horrible mistake " Jim Rogers explains - 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 "