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%.

Wednesday, December 4, 2013

The Chinese Are Becoming More Capitalist



The chinese are becoming more and more capitalist. It`s very interesting that they said the markets are going to be the final arbitrageur, not the bureaucrats, not the government or anything else. In America, its exactly the opposite. The government says when there is a problem, "We will decide". Look at Obamacare. The government says, "We will figure out the solution." In China they say, "We will let the free markets, the open market decide." I much prefer the chinese system of more free markets than ours with the government dictating everything.



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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