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 1, 2011

The Scandinavian currencies are less risky than other currencies

Jim Rogers : well Nicholas I own the euro first of all not as much as I used to but I own the Euro , I own some of the alternatives you just said , the world is full of risk right now especially with paper money, yes I own Scandinavian currencies because they are probably less risky than other currencies , to this point twenty years ago Scandinavia had the same problem , but in Scandinavia twenty years ago they sat down and said OK we've made mistakes you are gonna fail you are gonna survive we are going to start over , there was a horrible two to three years but since then Scandinavia especially Sweden had a wonderful rally for the past fifteen years or so and Sweden is now one of the most stable and sovereign countries in the world that's the only way this is going to solve the European problems -in CNBC interview 28 Nov 2011
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 "
Related Posts Plugin for WordPress, Blogger...