Jim Rogers : Sometimes I get it right, sometimes even I get it right. If I were going to invest anywhere in the world, I would rather invest in Asia than in the West for many-many reasons. Sri Lankan stocks have gone through the roof. I do not like to jump on a moving train - certainly a fast moving train.
But if you are going to own shares in the world, I would certainly look at Asia. The largest creditor nations in the world are now in Asia. This is where the assets are, this is where the dynamic is, this is where things are happening, this is where a lot of raw materials are. Great things will continue to happen in Asia or let us put it this way: Less bad things will happen in Asia than in the West. ...
via economictimes.indiatimes.com
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%.
Monday, October 18, 2010
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