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%.

Monday, October 26, 2015

Jim Rogers : Fertilizer & Russia both being Cheap

James West:    Okay. So recently, you joined the board of a Russian potash producer or phosphate producer, rather. Does that indicate that you’re more or less bullish on agricultural commodities still?

Jim Rogers :    Yes, yes, and that’s a mistake – it is a phosphorous company, not a potash company. It’s called PhosAgro OAO (MCX:PHOR). And to my astonishment, Phosagro has been one of the best-acting stocks in the whole world this year, in US dollars, so it’s at least one thing that I got right this year.

I am very bullish on agriculture; I was bullish on Russia because it was beaten down and very, very, very cheap with vast assets and agriculture is very cheap with a great future, if you ask me, so it all came together. Fertilizer and Russia both being cheap.  -- via midasletter.com









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...