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%.
Monday, January 2, 2012
Jim Rogers outlook for the BRIC Nations
Jim Rogers : no, no. I am short India, I am short Russia and places like that, but not -- Brazil is a huge natural resource-based economy. when there is a commodity bull market they do well. unfortunately I am not long Brazil. I have no positions. the unfortunate thing is the new government is starting to do some foolish things which i think will not make them participate as much as they could have otherwise. - in CNBC
Labels:Jim Rogers BRIC
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 "