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%.
Sunday, November 15, 2009
Jim Rogers looks for Investments opportunities in Sri Lanka
we all know that Jim Rogers is particularly bullish when it comes to Sri Lanka as great windows of opportunities have been opened with the end of a three decades war , few months ago , you also may know that the Sri Lankan stock market have rose a 80% since the beginning of this year which makes it the second best performing Asian market this year .... Few weeks ago Jim Rogers went to Sri Lanka to test the ground for some investment opportunities , Sri Lanka offers great opportunities in sectors like tourism agriculture fisheries and even mining ...The Lankan news paper Sunday Times wrote about Jim Rogers visit which was followed by that of Mark Mobius , the paper explains also in details the problems that are still halting the Sri Lankan economy from taking off :
"Despite the visit this week of high-profile, fund manager Dr Mark Mobius, following on the heels of investment guru Jim Rogers some weeks back, investment and business uncertainty lingers on.
With an election on the cards probably in January (presidential and parliamentary) and thereafter – before April 2010 – most investment managers and business firms have put their plans on hold. In fact, many companies have showed a reluctance to invest afresh or plough back profits even soon after the war in a decision unconnected to any political developments but to the continuing global financial crisis and slow consumer demand in Sri Lanka"
Read Sunday Times Article >>>>
Labels:Jim Rogers
Sri Lanka
Subscribe to:
Post Comments (Atom)
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 "
No comments:
Post a Comment