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%.

Sunday, November 30, 2014

I Like Depressed Markets like : Russia , China or Japan



ET Now: What about the equity markets? They have done better even with the US carrying stimulus. Now that IMF has cut global growth outlook, what is your sense? Where is the smart money going to flow now?
Jim Rogers: I wish I knew. Currently the US dollar is one place where people seek great future. It would not be straight up. There will be corrections along the way, but the US dollar is one place.
Talking of agriculture, we are going to have more problems there going forward. In times of turmoil, people usually often turn to agriculture. It is because we are going to continue to eat, and if there is a war, the prices of agricultural goods will surely go up.
These are places that I am looking at.
Markets that are down — like Russia or China or Japan — are places where people might find opportunities. I do not particularly want to buy shares in the US, which are near their all-time high, or Germany, or those markets that are up a lot. I prefer buying things that are depressed, rather than things that are going up.




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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