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%.
I am a little bit skeptical about the U.S. stock market and most stock
markets mainly because what is happening is that we for the first time
in recorded history we have all major central banks around the world
printing huge amounts of money. (...) So we are all living in an
artificial ocean of liquidity which has been rising pretty dramatically
for several years. I know its artificial and in my view it is a terrible
mistake. But when this ocean dries up we are all going to suffer and
suffer badly.
Related: SPDR S&P 500 ETF Trust (SPY)
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 "