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%.

Friday, May 1, 2015

How Jim Rogers sees China mid & long Term




I bought Chinese shares last week, even though it was going through the roof. China might be my largest position. China is going to be the next great country in the world and there is no doubt about that—the risk at this point in China is that it looks like there is a bubble developing and the market has doubled in less than a year. It is not a bubble yet, but it could be turning into one—a massive number of Chinese are opening brokerage accounts again, and markets are going straight up and people don’t know what they are buying. I am bullish on China—if it turns into a bubble, I have to sell. I don’t want to sell... China has got a great future. China is going to be the most important economy in the 21st century and not India. Even if Modi comes through, India’s bureaucracy is so entrenched, so powerful and so staggering. India does not have the education, infrastructure and work ethic that China does. India is a chaotic democracy—democracies can be extremely successful, but not chaotic democracies. In my view, India is not a terribly rational country. I would suspect more and more people in India will start to get impatient, and not just its youth who need jobs. If you open up the country completely, more foreign investors will come in, and that may create jobs for India’s youth. Yes, some money may leave—fine, let it go—you want the new dynamic money rather than the old money that wants to get out. I would put money into India if its currency was open and convertible, and I’m sure there will be many others like me.




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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