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%.

Saturday, September 20, 2014

Electric Vehicles have a positive future ahead of them


James West:           Okay so let’s talk a bit about the emerging electric automotive industry. BYOD and Tesla are at the forefront of  battery-powered automotive transport. Where are the batteries going to come from to support mass adoption of cars and buses worldwide in your opinion?

Jim Rogers:             Haa…I should ask you – you’re Canadian.  It’s an extremely good question – yes! There’s going to be a huge bull market in something – if electric vehicles take the place of hydrocarbon engines – yes –  there will be a staggering bull market in something, and batteries will be one of those things down the road. And it looks as though electric vehicles have a positive future as we go forward.
An interesting aside, Henry Ford’s wife used to love here electric vehicle. She hated all his combustion engine vehicles cause she liked her electric vehicle so much. There’s no question we’re going to have more and more electric vehicles, because governments like them, politicians like them. It’s a way to get vehicles without having to buy energy from those ‘evil’ Arabs or whoever those ‘evil’ suppliers are. So no…it’s going to happen.
But two things – one, it’s a long time before that happens. And secondly, electric vehicles take energy too.  Electricity is made from energy – it doesn’t just drop out of the sky.
source : http://www.midasletter.com/2014/08/9290-jim-rogers-mason-graphite-could-supply-tesla-motors-gigafactory/



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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