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%.
Saturday, July 23, 2011
Jim Rogers : I only invest in My commodities Indexes RICI because my lawyer won't let me invest in individual commodities
Jim Rogers : Gold and silver I buy physical as well as other ways , but otherwise for commodities I came up with an Index RICI Rogers International Commodities Index and I invest in that because my lawyer won't let me invest in individual commodities , he says you are too public you speak about them you write about them so I just invest in my indexes , there is one for agriculture , metals , energy and one for all commodities except for silver and gold where I do buy physical as well , so I basically ignore the fluctuations , commodities are in a secular bull market in my view and I have learned in life that you do not short secular bull markets you long in secular bull markets , if you want hedges and I do then you should hedge something where there vulnerable and which is not in a major secular bull market and that's what I am doing I own commodities does not matter what happens to them , I hope my shorts protect me if we have sudden collapses in the world
- in S&A Investor Radio podcast.
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%.
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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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