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, May 5, 2012

Jim Rogers : we have Shortages of everything developing in the production world

Jim Rogers : "What's happened, of course, in the last few years is now we have staggering amounts of debt in the system, we have huge numbers of MBAs, we have a lot of competition, and of course, you have governments all over the world coming down hard on financial types: banks, brokers, investment companies. They're raising taxes, they're raising regulations, they're putting more restrictions on them. Finance is going into a decline, both absolute and relative." "At the same time, we have shortages of everything developing in the production world. The average age of a farmer in America is 58 years old. The average age of farmers in Australia is 58; in Japan, farmers on average are 66. There are huge, empty fields with no one to farm them in Japan. The producers of real goods have a great future ahead of them."- in Seeking Alpha


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%.
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 "
Related Posts Plugin for WordPress, Blogger...