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, May 25, 2014

Buy when there is blood in the streets , In Russia, there is blood in the streets


 You're "supposed to buy when there is blood in the streets," Jim Rogers tells Yahoo Finance. "In Russia, figuratively there is blood in the streets."
Rogers says he is buying shares in China for the first time since 2008 given authorities' desire to open the economy more, “especially in finance." He says he's not buying much in China though, because of the country's "big debt problem" -- his concerns stem from China's shadow banking system, specifically.




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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