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%.

Thursday, December 23, 2010

Jim Rogers still bullish on China despite a possible real estate bubble

Legendary investor Jim Rogers on China


Legendary investor Jim Rogers remains bullish on China saying despite a real estate bubble, there are 'better thing to come' for the country.
Jim Rogers : yes I am very optimistic about the future of China , my children speak mandarin , there will be set backs in china , do not worry Felicia there will be many problems in China , there is probably a real estate bubble in urban coastal real estate in China , but that's not china , here we had a huge real estate problem which took us down for many reasons because it was very pervasive that's not China , China has many other things going for , China got a huge saving saving rate , they save and invest 35% of their income , they work from Dawn to Dusk , they are the largest creditor nation in the world .......etc....

No comments:

Post a Comment

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 "
Related Posts Plugin for WordPress, Blogger...