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%.

Tuesday, January 25, 2011

Jim Rogers : Chinese agriculture is going to boom

Jim Rogers :..".. Well, there are many parts of the world economy which are going to do well no matter what happens. Chinese agriculture is going to boom because Mao Zedong ruined agriculture in China and now they are spending huge amounts of money trying to solve the problem.

Water is going to be a great growth industry, because India has a huge water problem, China does, America does. Many places have big water problems, so huge fortunes will be made in water in the future.

Chinese tourism is going to boom. They have not been able to travel for about 300 years. Now they can get passports easily. They can take money out of the country. And Justin, there are 1 billion 300 million of them. They want to see their own country and they want to see the world. It is going to be a great growth industry.
..."
in www.bbc.co.uk

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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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