Jim Rogers : I happen to agree with Marc Faber about most things

Jim Rogers : "China's going to be the next great country in the world," he said. "I was violently and vehemently telling people not to buy China when it was going up in 2007. I only buy China when it collapses." Rogers said he is long commodities and currencies, but is generally short the stock market. "I'm bearish, too," he said. "I happen to agree with Marc about most things."

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%.