HB: What would make you lose faith in Russia?
Jim Rogers : If Putin suddenly invaded Germany, I would certainly lose faith. If it turns out that Putin is deranged, or other people in the Kremlin are deranged. I was bearish on Russia for 46 years. I went to Russia in 1966 and came away with the idea that this will not work; this cannot work. And only in the last couple of years have I realised that something was going on and changing at the Kremlin. If I suddenly find this is wrong, that this is the same old KGB and the same old Kremlin, then of course I would change my view. - in a recent interview with Business insider
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%.