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, June 8, 2016

Jim Rogers : Commodity Prices Rise and Fall







Commodity Prices Rise and Fall (from Street Smarts, 2013)
"The cure for high prices is high prices. It always works ... The truth is that commodities are actually simpler to figure out than stocks. Nobody can understand IBM, not even the chairman. IBM has hundreds of thousands of factors -- employees, products, parts, suppliers, competitors, governments, balance sheets, and unions -- that it has to deal with. Cotton, by contrast, is pretty straightforward. All you have to know about cotton is this: Is there too much cotton or too little cotton? Cotton does not care who the chairman of the Federal Reserve is. The head of IBM has to know and care about such things. Cotton: Is there too much or too little? Now, figuring that out may not be easy at all, but the question itself is simple, and in the end it is the only question with which you have to be concerned."









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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