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%.

Friday, May 9, 2014

Jim Rogers: I am looking at some Chinese Shares , but The overall Chinese Market is not attractive to me right now




HAI: That’s a really good point. Finally, can you tell us some of the recent trades you have either made or considered? 



Jim Rogers: I will say that I own the Rogers Agriculture Index. I am looking to buy some Russia, and I may be buying it today [April 30, 2014] in fact.

I am looking at some Chinese shares. The overall Chinese market is not attractive to me right now because they do have some debt problems and some real estate problems. But they have said something that is very exciting to me, and that is that they are going to let the market decide situations in the future. That means they’re going to let the market decide if some people are going to go broke, which is very good for China and good for the world.

I am not terribly optimistic about the Chinese market at the moment. However, when they had their economic conference back in November, they listed areas of the Chinese economy where they are going to be spending a lot of money over the next decade or two, and the Chinese government is going to spend a lot of money on some sectors of the Chinese economy. I want to spend money there too. They have got more money than I do and they have got more brains than I do. They gave you a list. Get out the list and try to find companies. That’s what I’m doing. - in HardAssetsInvestor




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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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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