Jim Rogers :
I am excited by what happened. Chinese had an exciting announcement in
1978 and then in 1993, they said that this announcement is as
significant and as exciting as what happened previously in those two
years. So far what I have seen that corrects some sectors of the Chinese
economy and as you all know if you can find a government that is going
to spend a lot of money or give a lot of incentives to a sector you
should put your money into that sector too. So the Chinese are clear
that they are going to do something about railroads, healthcare,
agriculture, pollution. They have made it pretty clear they are going to
do something, so I would suggest that people read what they have said
and then try to find some stocks in those areas. -
in Money Control
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%.
No comments:
Post a Comment