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%.
How Bull Markets Work
"The way bull markets work throughout history is, they go slowly and
then they start rising more and more and the more and more people start
jumping in. Then the fundamentals get so exciting it usually turns into a
bubble, prices go beyond anybody`s comprehension. And at that point you
have a big bubble. Now that`s still several years away.
The supply is so low, inventories worldwide of agricultural products are
near historical lows, we are running out of farmers, we are running out
of everything. When the supply is under serious duress, demand
continuos to grow, this is called a bull market and it will be a bubble
before its over." - in The Big Show
Related stocks and ETF`s: John Deere (DE), Mosaic (MOS), Potash (POT),
PowerShares DB Agriculture Fund (DBA), ELEMENTS Rogers Intl Commodity
Index - Agriculture Total Return ETN (RJA)
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 "
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