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, August 11, 2010

BNP Paribas bullish on China, underweight on India

Recently BNP Paribas raised China's stocks to overweight from neutral, while downgrading India stocks from overweight to underweight. Citing explanations for the revised grading, Clive Mcdonnell, Head of Equity Strategy at BNP Paribas, says that the key concern is India's higher exposure to Europe, which is still not out of the crisis.

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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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