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, November 9, 2011

Jim Rogers prefers owning Agricultural Products to owning Farmland

Jim Rogers : The best thing for me is to own agricultural products themselves , yea I am involved to farmland to some extent but you got to make sure Ross that if you buy a farm that it is going to rain on your farm and that you have a farmer who knows what's he is doing , because if it does not rain on your farm or your farmers do not know what they are doing it is the rest of us who own wheat and cotton and things like that that are going to make a fortune so for me it is easier to own the agricultural products themselves although I am involved in farmland in some parts of the world ...Australia Brazil these are not secret where the great farmland is , not America , not America .not with my money ....- in CNBC 09 Nov 2011

1 comment:

  1. Industrial Agriculture is a dead end that brings pharmacological GMO's and unsustainable practices. Dead soils, poisonous soils and a dependance on seed supplied by the masters (monsanto & those in tow). Seeds that fruit brings illness, malnutrition, alergies, and 100% sterility within 3 generations. No doubt there is a food crisis in the making. So instead of investing in farms for our portfolios, we should be investing in local farmers buy supporting them and getting more healthy food at the sametime. Buy heirloom seeds. Now that's an investment truly priceless just you wait.

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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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