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, March 18, 2015

I prefer to Buy Shares in Markets that are Depressed




HardAssetsInvestor:  The S&P 500 is trading close to record highs. What's your take on U.S. stocks?



Jim Rogers: Well, you just answered the question when you said "record high." I don't like to buy high and hope it goes higher. I prefer to buy shares in markets that are depressed—China, Russia, Japan, Russia. They're countries where markets are very, very depressed, and I prefer to buy in places like that.






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 "
Related Posts Plugin for WordPress, Blogger...