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, October 7, 2013
Chinese Market : The last time I bought Chinese Stocks in a big way was November 2008
“China has been trying to slow its economy for quite some time now. They’ve had an inflation problem. They’ve had a real estate bubble. But I know . . . that something positive is going on in China and has been for a while. They are growing, they have a high savings rate, they have a high rate of investment, and they have huge international reserves,” he says.
“The last time I bought Chinese stocks in a big way was November 2008. If and when there is a panic, I hope I am smart enough to buy again. My Chinese shares are not for sale. That does not apply to anything else I invest in,”
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%.
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Chinese Market,
Chinese stocks
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 "