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 2, 2011

Greece is bankrupt, but others are too

Jim Rogers : "Greece is bankrupt, but others are too, and these haircuts will have to come back and be wider,"

"Most European countries are increasing their debt rather than decreasing their debt," Rogers said. "Until that changes, the problems are going to continue, just as they will in the U.S."

1 comment:

  1. AntonNovember 2, 2011 at 2:27 AM

    In order for the monetary crisis / global crisis can be overcome, back to a "single currency" (R.7 - Keraton 7 Jalan Pajajaran Gunung Guruh Kutamaneuh - Fail UN).

    ReplyDelete

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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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