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, November 26, 2014

Everybody Hates Russia & I have become Bullish on Russia

"I'm bullish on Russia,""...Things are changing in the Kremlin, in my view. And so, therefore, I started investing," "The attitude [in Russia] used to be: just take the money away from them, shoot them, put them in jail, whatever it is. Bankrupt them if we don't like you. But that's changed. Somebody there realizes [that] you cannot treat foreigners, or foreign investors, or capital that way," Rogers told Bloomberg "The days of communism and the KGB is over," he added. "So they've started doing things differently. And so, I've started investing in Russia.""One reason I got involved with Russia... was because they had huge foreign currency reserves. And they don't have much debt. They have a convertible currency... I mean, Russia's astonishing once I got more and more looking into it," "Russia's hated. In my view, wrongly so. And I hope this is all going to pass, and I'll make a lot of money,"





Nov. 25 (Bloomberg) -- Rogers Holdings Chairman Jim Rogers explains why he's bullish on Russia. He speaks with Bloomberg's Mark Barton on "Countdown." (Source: Bloomberg)
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%.

1 comment:

  1. many of the elite may venture for the upside to a Russia rebound,,,, should be rewarding

    ReplyDelete

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 "
Related Posts Plugin for WordPress, Blogger...