Are you bullish about anything?
Jim Rogers : I think agriculture is going to be one of the best investments over
the next few decades. The world has consumed more than it has produced
for much of the last decade, so inventories are near historic lows. The
average farmer is 58 in the U.S. and Australia, 66 in Japan. Old farmers
are dying or retiring, and young people aren't going into agriculture.
Young Americans go into PR, not agriculture. Prices have to go much
higher to attract labor, management, capital or we're not going to have
enough food in the long run. - in a recent Barron's interview
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%.
