Jim Rogers :...China is certainly going to have set backs along the way there is no question about that says legendary investor Jim Rogers ; they have raised interest rates four times during last year or so they raised reserve requirement eight times , they are trying to cool things out , I hope they are successful it will be good for them and it will be good for the world ....when America rose to greatness we had 15 recessions in the 19th century we had civil war we had very few human rights we had very little rule of law periodic massacres in the streets you could buy and sell congressmen , well you can still buy and sell congressmen but they were cheap in those days we had a lot of set backs but we became the most successful country in the 20th century Jim Rogers explains ....
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%.
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, September 21, 2011
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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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