Commodity legend Jim Rogers tells CNN Money how he started in the stock market , his best investment decision which is his two little girls who are both fluent in Mandarin Chinese , Jim Rogers says that his best investment that he could remember is teaching them Chinese because Mandarin is going to be the most important language Jim Rogers says the key to being successful is finding out where the money is coming from and where it is going
“Figure out what’s really happening by figuring out the money, and then you can probably succeed yourself. Don’t beleive most of the stuff you read on the newspapers or on TV. They’re just rattling off the party line. If you can figure out where the money is really coming from and where the money is really going, then you’ll probably be very successful in your life.”
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, July 21, 2010
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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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