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%.

Saturday, September 12, 2009

Jim Rogers and the fall of Lehman's Brothers


"Letting Lehman fail was perhaps the only thing governments have done right during this whole drama," said Jim Rogers in brief statement to the Financial Times today Sept 10 2009 , "Had the central bank allowed the failure of Long Term Capital Management to run its course, Lehman, Bear Stearns, et al would still be here,"
"Marx is singing in his grave there in London as the US government now controls the auto, mortgage, insurance
, banking, et al industries and he has not fired a shot," he added. , but other experts disagree one year after Lehman Brothers was left to fail , you decide who is right and who is wrong....



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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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