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%.
Sunday, January 1, 2012
Invest in commodities themselves rather than commodity stocks
Jim Rogers : .....I just remember in the '70s stocks went down and did nothing or economies did nothing and yet commodities themselves went through the roof. some commodity stocks, of course, did well in the '70s, but yale did a study recently showing you would have made 300% more investing in commodities themselves rather than commodity stocks so I'm sticking with the real commodities. - 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 "