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%.
Thursday, December 29, 2011
Jim Rogers outlook for the Emerging Markets in 2012
Jim Rogers : First of all, you ask about emerging markets. I have to set them short stock of emerging markets such as India and other countries. I am not sure about Chinese shares. Some parts of the Chinese economy are going to have a hard life. The government in two or three years has been trying to pop the bubble in real estate. So anybody who doesn´t know that Chinese real estate is going to have problems shouldn't be investing at all. They should probably just be reading the newspapers. China´s been doing their best for two or three years to slow things down in real estate. It´s going to happen. It is happening, and that will cause a hard landing in properties but the other parts of the Chinese economy are going to continue to boom. If you´re in water or agriculture or many other parts of the Chinese economy, you don´t care if a lot of real estate people in Shanghai are going bankrupt. You´re making too much money and you?re working too hard. So some parts of China will have a collapse. Some parts of China will not be affected at all.- in Eleconomista.es
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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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